United Arab Emirates: Dubai Investment Real Estate (DIR), a key unit of Dubai Investments, has unveiled its landmark mixed-use development - Al Vista - in the prestigious Meydan Horizon.

Valued at AED1.3 billion ($354 million), it is envisioned as a distinctive mixed-use development that seamlessly integrates premium residences, commercial spaces and retail offerings within a unified masterplan, creating a vibrant destination that blends lifestyle, business and leisure, said the developer.

Al Vista comprises two towers - a 39-storey residential building featuring 312 apartments, including 198 one-, 98 two- and 16 three-bedroom units, with all three-bedroom units including private jacuzzis and panoramic lagoon views and a 19-storey commercial tower offering 120,000 sq ft of shell-and-core office space with adaptable layouts to cater to diverse business needs.

This integration of residential, commercial and retail spaces ensures connectivity and convenience, positioning Al Vista as a new benchmark for modern urban living.

Obaid Salami, the General Manager of 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."

"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," stated Salami.

Elevating lifestyle standards, Al Vista offers resort-style amenities including an infinity pool with panoramic views and a dedicated children’s pool for safe family recreation, landscaped podiums, a fully equipped gymnasium, basketball court and dedicated play areas, delivering a holistic living experience.

"Its modernist architecture emphasises verticality, clean structural lines, and floor-to-ceiling glazing for abundant natural light, complemented by landscaped podium decks and open spaces that enhance privacy and functionality," he noted.

The development’s location offers direct access to major transport routes, with Business Bay 15 minutes away, Dubai International Airport 17 minutes away and DIFC within 20 minutes. Surrounded by vibrant business districts and leisure hubs, Al Vista delivers the perfect balance between work and recreation.

Bordered on two sides by open spaces, the project provides unobstructed lagoon views and has been planned to optimise the relationship between built form and natural surroundings. Construction is underway, with completion scheduled for December 2027, he added.