Dubai Investments' home builder: Ritaj finished, three Dubai buildings under way

Dubai Investment Real Estate at a glance

Registered with the Dubai Land Department as Dubai Investment Real Estate (L L C).

Three Dubai buildings, the group's progress figures and the DLD's

Dubai Investments published progress figures on 17 March 2026. Beside them, NAHY's DLD data to 29 October 2026:

At Violet Tower's launch on 25 March 2024, works were to start in the second quarter of 2024 and take an estimated 24 months; the March 2026 update gives Q4 2026, in line, the group says, with earlier timelines. Al Vista's date moved in the group's own words: December 2027 at launch on 9 December 2025, Q1 2028 in the ground-breaking release of 31 March 2026, naming JV Hourie Paramount as main contractor. Asayel Avenue is where the register and the group agree on the quarter, as NAHY's Mirdif Hills Asayel Avenue page shows. Violet Tower in JVC has 27 storeys over ground and four parking levels; Al Vista in Meydan pairs a 39 storey residential tower with a 19 storey office tower.

Ritaj in 2011 and Mirdif Hills in 2019: the record before Asayel

Ritaj, Dubai Investments Park. Dubai Investments' release of 29 May 2011 counts 1,343 studios, 447 one bedrooms, 194 two bedrooms and 40 three bedrooms, with phase one handed over in 2010 and phase two complete. The DLD files Ritaj as project 1042, 2,043 units, completion dated 5 June 2011. From October 2025 to September 2026 it recorded 176 sales, all of finished apartments, of the 279 in the DLD community Dubai Investment Park Second, where Ejari logged 2,449 contracts at a median AED 42,350 a year over the last 12 complete months of data.

Mirdif Hills, beside Mushrif Park. In a release filed with the Dubai Financial Market on 26 June 2019, the group described about 1,500 apartments and duplexes, with Janayen at 98% and Nasayem at 96%, handover set to begin in July 2019, and Al Multaqa, 279 homes in three buildings, at 55%. Asayel Avenue, launched in January 2025, joins those three avenues.

The listed group behind DIR, in its own results

Dubai Investments reported 2025 profit before tax of AED 1.70 billion, up 31%, on total income of AED 4.63 billion (25 March 2026). For the first half of 2026 it reported AED 702.8 million, up 29%, said its real estate segment "remained a major contributor", and gave total assets of AED 23.88 billion on 30 June 2026 (10 August 2026). These figures cover every business of the group, not only homes in Dubai, and a buyer's money is protected by the project's escrow account, not by the group's balance sheet.

Before paying DIR: project number, escrow account, completion clause

1. The company. The DLD name is Dubai Investment Real Estate (L L C), developer 278; older releases spell it Dubai Investments Real Estate, or DIRC. Match it and the project number in the Oqood to the building, 3389 for Asayel Avenue.
2. The register entry. Violet Tower and Al Vista sit outside NAHY's data, so NAHY reads their project numbers, escrow banks and declared dates in the register before you reserve.
3. The completion clause. Al Vista's target moved by about a quarter within four months, so read the delay terms.
4. A Ritaj or Mirdif Hills resale. NAHY checks the title deed in the seller's name and the no objection certificate before money moves.

For investors: JVC, home of Violet Tower, recorded 29,876 Ejari contracts at a median annual AED 67,000 in the latest 12 complete months; NAHY states no return.

Projects by Dubai Investment Real Estate on NAHY

• Mirdif Hills Asayel Avenue
  Mirdif

Dubai Investment Real Estate: questions buyers ask

Is Dubai Investments a reliable developer?

NAHY answers with the record: a DFM listed parent, Ritaj completed in 2010 and 2011, Mirdif Hills handover scheduled from July 2019, Asayel Avenue at 33.08% against its May 2027 DLD date, and Violet Tower dated Q4 2026 by the group.

Is Dubai Investment Real Estate part of Dubai Investments PJSC?

Yes. Dubai Investments calls DIR its wholly owned subsidiary (29 September 2025); the DLD registers it as Dubai Investment Real Estate (L L C).

When will Violet Tower in JVC be handed over?

Dubai Investments gave Q4 2026 on 17 March 2026, with the tower at 57.61%. NAHY asks DIR for the handover notice and the date in your contract.

When will Al Vista in Meydan be completed?

The ground-breaking release of 31 March 2026 targets Q1 2028; the launch release of 9 December 2025 had said December 2027.

How many apartments does Al Vista have?

312 in a 39 storey tower, 198 of them one bedroom, 98 two bedroom and 16 three bedroom, beside a 19 storey office tower of about 120,000 sq ft.

Who runs Dubai Investment Real Estate?

Obaid Salami is General Manager of DIR; Khalid Bin Kalban is Vice Chairman and CEO of the parent, Dubai Investments.

How can I get Violet Tower or Al Vista prices?

WhatsApp NAHY at +971 55 650 7737 with the building and layout; a broker sends what DIR quotes, or a seller's figures for a resale.

Sources

• Dubai Land Department developer records, project register, transactions and Ejari contracts, data to 29 October 2026
• Dubai Investments releases, 25 March 2024, 15 January, 25 June, 29 September and 9 December 2025, 17 and 31 March 2026
• Dubai Investments results for 2025, 25 March 2026, and for the first half of 2026, 10 August 2026
• Dubai Investments release on Mirdif Hills filed with the Dubai Financial Market, 26 June 2019; release on Ritaj, Zawya, 29 May 2011
• Gulf News, Violet Tower launch in Jumeirah Village Circle, last updated 25 March 2024