Listen to it here:
The 14-year-old Lohan says the sound of her upcoming album is different from fellow teen star Miley Cyrus: "She's really good," Ali tells PEOPLE. "But I have different music than her. It's a different vibe – it's definitely a different vibe. Mine is more hip-hop. Kind of like Rihanna."
During a recent episode of Living Lohan, which chronicles her music and acting career and also stars her mom and older sister Lindsay's manager, Dina, Ali was shot recording the track, set to be released to the world on iTunes July 14.
"All The Way Around," recorded at the Maloof Music recording studio at The Palms Hotel in Las Vegas, was produced by Emanuel "Eman" Kiriakou, who's worked with Nick Lachey and Jordin Sparks. It was co-written by Kara DioGuardi, who was named BMI's Pop Songwriter of the Year in 2007.
And what about a duet with Lindsay? "I think that would be awesome," Ali tells PEOPLE. "We talked about it."
Ali's not the only Lohan with a single ready to shake up the clubs this summer. In May, Lindsay premiered her track: "Bossy."