The tower will span 48 levels. Credit: Grand Warszawski via Shutterstock.

Amaal, a real estate developer under the umbrella of Ayana Holding, has commenced construction on a residential tower, Amaal 8, within the Meydan Horizon community in Dubai, United Arab Emirates.

The ground-breaking ceremony saw the presence of Amaal chair Abdulla Lahej and lieutenant general Dhahi Khalfan Tamim, alongside other representatives, according to a press release posted on Zawya. 

Lahej said: “In partnership with Dhahi Khalfan Tamim, we are set to deliver an iconic residential tower that epitomises Dubai’s reputation for innovation and excellence. Amaal 8 is envisioned as more than just a development – it’s a destination crafted to foster a harmonious ecosystem where comfort and functionality seamlessly blend.  

“It underscores our commitment to create homes that enhance the well-being of our residents and cultivate environments that reflect the pinnacle of excellence and well-being.” 

This 48-level mixed-use development is located close to the Ras Al Khor Wildlife Sanctuary. 

See Also:

Amaal 8 will feature retail spaces, entertainment, and dining options. It will offer additional amenities such as fitness centres, swimming pools, children’s play areas, and gardens.  

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The development is incorporating eco-friendly technologies to reduce its environmental footprint. 

Khalfan Tamim said: “Partnering with Abdulla Lahej and Amaal on this project is an exciting endeavour that will establish a new benchmark for elevated residential standards in Dubai. Abdulla’s leadership and Ayana Holding’s extensive capabilities are pivotal in propelling this project to set new paradigms in residential living.” 

In 2021, Ayana Holding entered into a joint venture with Marsan Real Estate Group for the development of the BellaViva project in Florida, US, valued at $1.6bn.