Dubai Investments, which is partly owned by sovereign wealth fund Investment Corporation of Dubai, has started work on the AED 3 billion Mirdif Hills project.

 

Being developed by Dubai Investments’ real estate subsidiary Dubai Investments Real Estate Company (DIRC), Mirdif Hills is a mixed-use residential, commercial and retail development, the Dubai-listed company said in a bourse statement.

 

Spread across 3.9 million square feet, the project comprises 1,054 apartments – a mix of studio, one, two, three bedroom and duplex units. It also includes a four-star hotel with 116 rooms and 128 serviced apartments and a 230-bed hospital.

 

The project is set for completion by the end of next year.

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