Dubai Investments Unveils Two Towers in Meydan Worth 1.3 Billion Dirhams

Dubai Investments, through its real estate arm Dubai Investments Real Estate, has announced the launch of the mixed-use project “Vista,” with an investment valued at 1.3 billion dirhams in the HoraiZen area of Dubai.

According to the company’s statement, the project will consist of two integrated towers within a cohesive master plan that combines residential and commercial uses. The residential tower, standing at 39 stories, will have 312 residential units ranging from one to three bedrooms. The commercial tower, which comprises 19 floors, will feature office spaces totaling 120,000 square feet, alongside retail and entertainment facilities.

Construction work on the project has already commenced, with expectations for completion and delivery of the units by December 2027.

Obaid Salami, the General Manager of Dubai Investments Real Estate, stated, “This project serves as a cornerstone for the growth of our real estate portfolio, aimed at developing quality destinations that provide long-term sustainable value as part of Dubai Investments’ journey. Vista reflects this strategy by aligning with the rapid growth of Dubai’s urban landscape. Its diversity brings together upscale residential units, vibrant commercial spaces, and lively retail outlets, creating a modern urban environment that fulfills the aspirations of both residents and entrepreneurs.”

Business

Similar news

Emirates NBD Reports Quarterly Profit of 6.4 Billion with 3% Growth

حقق بنك الإمارات دبي الوطني صافي ربح 6.4 مليارات درهم في الربع الأول من العام الجاري بنمو نسبته...

Emsteel Announces Stability in Its Prices for Steel and Construction Materials

The Emsteel Group, a leading manufacturer of steel and integrated construction materials, has announced its commitment to supporting...

Dubai Taxi Acquires 600 New Taxi License Plates

Dubai Taxi Corporation, a leader in comprehensive mobility solutions in the city, has announced its acquisition of 600...

Bank and Real Estate Stocks Boost Dubai Market at the Start of Trading

The indicators of local financial markets exhibited mixed performance at the outset of trading on Thursday. The Dubai...