Dubai, March 31, 2026: Dubai Investments breaks ground on Al Vista, its landmark
mixeduse development in Meydan Horizon.
Developed through its whollyowned real estate subsidiary, Dubai Investment Real Estate
(DIR), Al Vista is a largescale mixeduse development comprising residential, commercial
and retail components within a unified masterplan.
The groundbreaking ceremony was held in the presence of Khalid bin Kalban, Vice
Chairman and CEO, Dubai Investments, Obaid Salami, General Manager, Dubai Investment
Real Estate along with other senior representatives and the contractor for the project.
As part of the milestone, DIR also signed the main construction contract with JV Hourie
Paramount appointing the contractor to deliver the project in line with the approved
execution plan.
Commenting on the ground-breaking, Obaid Salami, General Manager of Dubai
Investment Real Estate, said: “Al Vista represents an important addition to DIR’s portfolio
and reflects a disciplined approach to development, anchored in quality, execution certainty
and longterm value creation. With main construction now underway, DIR is committed to
delivering wellplanned, highquality developments in key growth locations across Dubai,
positioning Al Vista to emerge as a defining mixeduse destination upon completion.”
Located within Meydan Horizon, one of Dubai’s most soughtafter mixeduse districts, Al Vista
comprises a 39storey residential tower featuring 312 apartments, including one, two and
threebedroom units, alongside a 19storey commercial tower offering approximately 120,000
sq. ft. of shellandcore office space, complemented by integrated retail components. The
development is designed to support a connected urban environment, with a comprehensive
range of lifestyle and recreational amenities serving both residents and commercial
occupiers.
Construction is advancing as scheduled, with planned completion targeted for Q1 2028.
