Dubai real estate: Former Emaar Properties CEO launches new developer with giant 512 residence project near Ras Al Khor

Former Emaar Properties Group CEO debuts new Dubai real estate developer with new project near Ras Al Khor

A new Dubai real estate developer has launched its debut development as it looks to make an impact on the city’s booming property market.

 

Ayana Holding, co-founded by former Emaar Properties Group CEO Abdulla Lahej, has announced the launch of Amaal 8.

Located in Meydan Horizon within Mohammed bin Rashid City, the 48-level mixed-use residential tower is positioned against the backdrop of the Ras Al Khor Wildlife Sanctuary.

Amaal 8 in Dubai

The development includes accessible public spaces such as retail promenades and entertainment venues.

Abdulla Lahej, Chairman of Amaal, said: “I am very excited to present Amaal 8, our flagship development designed to transform urban living in Dubai. This project reflects our commitment to pioneering a new calibre of inclusive, community-focused, elevated living and captures my passion for real estate.

“With Amaal 8, we are not just constructing a building; we are shaping the future of residential communities in Dubai. Every element, from its prime location to the cutting-edge design and comprehensive amenities, is crafted to meet the sophisticated needs of today’s urban residents.

“Together with our exceptional team, we have created an outstanding residential offering that meets diverse lifestyle needs and fosters a strong sense of connection among residents. I believe that Amaal 8 will redefine market expectations, delivering an unmatched living experience that anticipates and exceeds the desires of our discerning clients.”

The development offers 512 residences spread across 48 levels, including one, two, three, and four-bedroom apartments and luxurious Infinity Collection residences on the upper floors.

The amenities at Amaal 8 include:

  • A 6m-high lobby
  • Retail stores
  • Al fresco dining
  • Infinity pools
  • State-of-the-art gyms
  • Spa
  • Dedicated leisure zones
  • Indoor cinema
  • Kids’ pool
  • Play areas
  • Padel court
  • Golf simulation pavilion
  • Mini golf course
  • Racing simulation pavilion

Another standout feature of Amaal 8 is its innovative parking solutions, which include ample podiums and exclusive VIP levels.

Strategically located along Ras Al Khor Road, Amaal 8 ensures easy access to Dubai’s iconic landmarks, including Dubai Design District and Downtown Dubai.

Residents also benefit from proximity to the expansive Meydan Horizon’s four crystal lagoons, which offer pristine waters and four kilometres of landscaped promenades ideal for relaxation and leisure activities.

Construction is already underway and the development is slated for completion by Q4 2028.

Courtesy of Arabian Business

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