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If you may want to set up a Dressage arena inside your regular arena, that requires more length. A small dressage arena is 20X40 meters (or about 66 feet by 132 feet), a large dressage arena is 20X60 meters. A standard size competition arena is about 100'X200' and is large enough for full jump courses and other uses. Also consider the fence material.
1 meter = 3.2808399 feet 20m = 65.61ft 40m = 131.23ft 60m = 196.85ft. Standard dressage arena dimension are 20m x 60m (66' x 198') and small dressage arena dimensions are 20m x 40m (66' x 132'). If you. are building a riding ring and have the space, stake out the larger arena size.