Dubai, UAE — Dubai Investment Real Estate, a subsidiary of Dubai Investments, has launched Al Vista, a AED 1.3 billion ($354 million) mixed-use development in Meydan Horizon. The project includes a 39-storey residential tower with 312 apartments and a 19-storey commercial tower offering 120,000 sq. ft. of shell-and-core office space. Construction is underway, with handover scheduled for December 2027.
Al Vista Project Details
Al Vista integrates premium residences, commercial spaces, and retail in a unified masterplan. The residential tower features 198 one-bedroom, 98 two-bedroom, and 16 three-bedroom units, the latter with private jacuzzis and lagoon views. Amenities include an infinity pool, gym, basketball court, and landscaped podiums, emphasizing modernist architecture with floor-to-ceiling glazing.
Obaid Salami, General Manager at Dubai Investment Real Estate, said: “Expanding the real estate portfolio remains central to Dubai Investments’ strategy, with DIR focused on opportunities that deliver long-term value and support Dubai’s evolving urban landscape.”
Also read: Prescott The Caden Meydan Horizon: AED 650M Lagoon-Front Launch
Salami added: “Al Vista is a reflection of this strategy — a mixed-use development that combines high-quality residential, commercial, and retail spaces in Meydan, one of Dubai’s most dynamic destinations, offering residents and businesses a connected and modern urban environment.”
Off-Plan Surge in Dubai Real Estate
Al Vista launches amid Dubai’s off-plan sales boom, with Q3 2025 recording 42,000 transactions worth AED 138 billion, up 24% year-on-year and comprising 76% of residential sales. Year-to-date sales exceeded 140,000 units, on track for a 2025 record over 200,000. Meydan Horizon benefits from 6-7% rental yields and proximity to major highways and future metro lines.
Knight Frank reports residential prices rose 3.7% quarter-on-quarter in Q1 2025 to AED 1,749 per sq. ft., while Cavendish Maxwell notes strong demand despite fewer new launches. Dubai Investments reported AED 1.09 billion profit before tax for nine months ended September 30, 2025, up 59% year-on-year, driven by real estate rentals.
Appeal for Indian Investors
Indian buyers led Dubai investments with over AED 30 billion in 2024, drawn by 8-15% yields, no capital gains tax, and Golden Visa eligibility. Al Vista’s mid-luxury positioning in an emerging area like Meydan Horizon suits NRIs seeking value appreciation projected at 5-8% in 2025 under Dubai’s 2040 Urban Master Plan. Practical steps include verifying DLD registration and using NRI-focused consultancies for remote purchases.
Also read: Zaha Hadid’s Legacy Arrives in Meydan Via Imtiaz Project
For investors, particularly from India, Al Vista signals opportunity in Meydan’s under-the-radar growth, offering diversified yields from residential rentals and commercial leases amid off-plan momentum. Backed by Dubai Investments’ strong finances, it aligns with trends favoring sustainable, connected developments over saturated luxury segments.
Discover more from Invest Dubai Today - Dubai Realty Insights
Subscribe to get the latest posts sent to your email.
