Dubai, UAE – Dubai Investment Company, listed on the Dubai Financial Market, announced the laying of the foundation stone for the “Vista” multi-use urban project in the “Horizen Square” area in Dubai.
A statement said that the “Vista” project, developed by Dubai Real Estate Investment Company, the wholly owned real estate arm of “Dubai Investment”, combines, within an integrated master plan, upscale residential units, modern office spaces, and retail outlets. To provide an integrated urban destination.
The foundation stone was laid in the presence of the Vice Chairman of the Board of Directors and Chief Executive Officer of Dubai Investment Company, Khalid bin Kalban, and the General Manager of Dubai Real Estate Investment Company, Obaid Salami. In addition to a number of senior officials and representatives of the parties involved in implementing the project.
As part of this advanced phase of project development, Dubai Real Estate Investment also signed the main construction contract with contracting company GV Hori Paramount. To undertake the implementation of construction work in accordance with the approved implementation plan and the specified project schedule.
mixed-use projects
The Vista project is located in Horizon Square, one of Dubai’s most emerging areas for mixed-use projects. It consists of a 39-story residential tower housing 312 diverse residential units, including one-, two-, and three-bedroom apartments, along with a 19-story commercial tower providing approximately 120,000 square feet of office space designed to meet the needs of modern work environments, in addition to a group of retail outlets that enhance the project’s vitality and integrated uses.
The project is designed to provide an integrated urban environment that combines housing, work and entertainment, as it includes a variety of recreational and service facilities that meet the needs of residents and commercial tenants alike.
Construction work on the project continues according to the approved schedule, and construction work is expected to be completed during the first quarter of 2028.
