Imtiaz Developments has teamed up with Zaha Hadid Architects to design a USD 272 million luxury landmark in Dubai’s Meydan district. The project brings together advanced design, sculptural architecture and premium living spaces in one major development.

The partnership highlights Dubai’s growing position as a global centre for ambitious design and high-end real estate. The agreement was signed at Zaha Hadid Architects’ office in London in the presence of senior leaders from both sides.

A Distinct Architectural Vision

The project will be officially launched on November 18 at the Coca-Cola Arena. While details remain under wraps for now, the development is set to feature bold shapes, smooth lines and modern design elements that reflect Zaha Hadid Architects’ signature style.

The plan includes high-end residences, premium office spaces and selected retail zones. Each part of the project aims to offer practical layouts, striking design and strong visual appeal.

Homes will offer open city views, refined interiors and a complete set of luxury amenities. This adds to Imtiaz Developments’ growing list of major projects, which now total over USD 2.7 billion across Dubai.

Imtiaz’s leadership described the project as a major step for the company and a strong addition to the city’s architectural landscape.

Meydan’s Growing Appeal

Meydan is rising fast as one of Dubai’s most sought-after districts. The area is known for easy access to Downtown Dubai, equestrian facilities and well-known sporting venues.

Imtiaz has already announced an AED 3 billion investment plan in Meydan, signalling its focus on prime residential zones in the city.

A senior director at Zaha Hadid Architects shared that the project aims to match Dubai’s bold vision for the future. The design focuses on comfort, modern technology and a connected environment that supports day-to-day living.

Investment Potential in Meydan

Meydan offers appealing investment prospects for both residents and global buyers. Apartments in the district generate rental yields between 6 % and 8 % for new-build units.

According to Off-plan price trends, average apartment prices in Meydan range from AED 1.1 million to AED 2.5 million depending on size and location. Villas start at around AED 3.5 million and go up to AED 15 million.

Recent sales data show that the average transaction price in Meydan City was approximately AED 1,457,000 over the last 12 months, with an average price per square foot around AED 2,022. Bayut+1

With infrastructure development proceeding and major projects underway, Meydan presents a strong chance for capital appreciation in the coming years.

Major Attractions of Meydan

Meydan combines lifestyle, leisure and access in one place. Here are some of its standout features:

• The Meydan Racecourse offers high-profile equestrian events and a world-class setting for residents and visitors.
• The upcoming Meydan One Mall and other retail hubs will provide shopping, dining and entertainment within the district.
• Green spaces, walking and cycling tracks, sports facilities and waterfront promenades make Meydan an active and family-friendly community.
• Excellent connectivity to major highways and to Downtown Dubai ensures residents have city access while enjoying a more tranquil setting.

Timeline and Future Outlook

The design phase is already in progress. The full concept will be shared in late 2025. Construction is expected to begin in the first quarter of 2026. Completion is targeted for 2028.

The development is expected to draw interest from global investors and buyers seeking homes created by one of the world’s most influential architectural firms. It offers a rare chance to own a residence that blends design excellence with a strong location in one of Dubai’s most active districts.