Dubai, UAE — Prescott has launched The Caden Meydan Horizon, an AED 650 million residential development positioned on a crystal lagoon within one of Dubai’s last remaining lagoon-front master-planned communities. The unveiling took place at Prescott’s renovated experience center in Dubai Hills, marking the developer’s entry into Meydan Horizon’s waterfront district near Downtown Dubai.
The announcement comes as Dubai’s real estate market recorded 59,228 transactions worth AED 170.7 billion in Q3 2025, with master-planned communities driving sustained investor interest. Dubai Hills Estate, where Prescott maintains its experience center, witnessed off-plan transactions surge from 1,149 in 2021 to 5,693 in 2024, reflecting strong confidence in integrated lifestyle developments.
Project Specifications and Location
The Caden Meydan Horizon offers spacious residences with no studio units, reflecting a commitment to low-density, high-comfort living on Meydan Horizon’s waterfront. The project is strategically located in Bu Kadra within Meydan Horizon, approximately 10 minutes from Downtown Dubai and 12 minutes from Dubai International Airport.
Shaheer Tabani, Executive Director at Prescott, said: “Over the past six months, our team has poured heart and precision into every single detail — ensuring that every square foot of this project surpasses anything seen before and delivers an experience beyond what any customer could imagine upon completion. We pride ourselves in creating homes that are a reflection not just of our vision, but more importantly the people who will be living there.”
Meydan Horizon Development Context
Meydan Horizon is being developed as a lagoon-front master-planned community featuring four lagoons, extensive parks, and waterfront promenades within the Mohammed Bin Rashid City district. The area offers panoramic views of the crystal lagoon, Downtown Dubai skyline, and a protected sanctuary hosting over 450 bird and plant species.
Also read; LEOS Developments Launches AED 5 Billion Wadi Al Safa 5 Master Community
Recent launches in Meydan Horizon include Wynwood Horizon by Imtiaz, part of a AED 3 billion portfolio announced in October 2025, and Zen Lagoons by Zennova Realty, a 28-story residential building scheduled for Q4 2028 handover. These developments position The Caden Meydan Horizon within a rapidly evolving waterfront destination attracting multiple developers.
Meydan’s proximity to Downtown Dubai and established equestrian and sporting facilities has elevated the district into one of Dubai’s exclusive addresses, combining business, lifestyle, and recreation amenities. The area benefits from connectivity to Business Bay (15 minutes), Dubai Marina (20 minutes), and Palm Jumeirah (25 minutes).
Prescott’s Development Track Record
With nearly two decades of operations, Prescott has delivered over 1,900 units totaling 2 million square feet, with an additional 2 million square feet under construction and 1.5 million square feet planned by Q4 2025. Current projects include Fairway Residences in Dubai Sports City (156 units, Q3 2026 handover) and Elevate in Arjan (223 units, Q1 2025 handover).
The Caden Meydan Horizon launch coincides with Prescott’s upgraded experience center renovation, which features a furnished show apartment, podcast studio, theater, refreshment lounge, and meeting rooms. The multifunctional venue reflects the developer’s positioning within Dubai’s competitive residential market.
Master-Planned Community Market Performance
Dubai’s master-planned communities have demonstrated strong performance metrics, with Dubai Hills Estate residential prices reaching AED 2,479 per square foot for off-plan units and AED 2,363 per square foot for ready properties in H1 2025. The narrowing gap between off-plan and ready pricing signals a shift from speculative buying to genuine end-user demand.
According to Khaleej Times analysis, Dubai Hills Estate rental contracts increased from 3,686 in 2021 to 6,057 in 2024, with occupancy rates stabilizing at 86.5 percent in H1 2025 despite 54 percent of inventory still under construction. Studio rents rose from AED 85,500 in 2021 to AED 134,900 in H1 2025, while one-bedroom units nearly doubled to AED 138,300.
Driven Properties CEO Abdullah Alajaji noted that Dubai Hills Estate “stands out as a meticulously planned ‘city within a city’ seamlessly blending expansive green spaces, world-class amenities like the Dubai Hills Mall and an award-winning golf course,” characteristics that extend to Meydan Horizon’s development strategy.
Investment Considerations for International Buyers
For international investors, particularly from India where buyers form the largest nationality group in Dubai property purchases, The Caden Meydan Horizon presents exposure to Dubai’s emerging waterfront master-planned communities at pre-Downtown pricing. The UAE’s Golden Visa program offers 10-year residency for property investments of AED 2 million or above, with spacious non-studio units typically meeting or exceeding this threshold.
Also read: Dubai Real Estate: Top Upcoming Investment Neighborhoods 2025
Meydan Horizon’s lagoon-front positioning mirrors successful waterfront developments while offering comparative affordability to established areas like Dubai Marina or Palm Jumeirah. The district’s 10-minute proximity to Downtown Dubai provides accessibility to business districts and leisure destinations while maintaining residential tranquility.
Current rental yields of 10-12 percent in Dubai exceed returns in the US or Europe, with master-planned communities demonstrating high occupancy rates and tenant retention. Prescott’s 18-year track record and delivery of over 1,900 units provides execution credibility for off-plan buyers assessing developer risk.
The Caden Meydan Horizon’s positioning within a government-backed master-planned community featuring ecological sanctuaries and extensive infrastructure signals long-term capital appreciation potential as Meydan Horizon matures alongside neighboring projects by Imtiaz, Zennova, and other developers entering the district. The combination of lagoon-front location, no-studio policy ensuring spacious units, and connectivity to established business districts positions the project for investors seeking lifestyle-oriented properties with appreciation upside rather than purely rental-yield investments.
Discover more from Invest Dubai Today - Dubai Realty Insights
Subscribe to get the latest posts sent to your email.
