Dhs12 billion mega project launched in Yas Island

A new arena, promenade, new hotels and more than 50 restaurants announced as part of ambitious scheme

Dhs12 billion mega project launched in Yas Island
Dhs12 billion mega project launched in Yas Island Image #2

A brand-new arena, a pier, two luxury hotels and more than 50 restaurants are to be developed as part of a Dhs12 billion mega project aimed at transforming Yas Island into a global destination.

The bold master plan for the southern end of the island – boasting a vibrant waterfront and entertainment district, an all-new media zone and a sprawling residential area, which will be home to 15,000 people – is being spearheaded by developers Miral.

His Highness Mohammed bin Zayed Al-Nahyan, the Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, witnessed the launch of the massive development at a big event held in the capital.

Yas Bay, due to be completed by 2019, will feature two hotels, a Hilton lifestyle hotel and family resort, a pier, more than 20 shops, a beach club and the 18,000-capacity Yas Arena, to be operated by Flash Entertainment. The waterfront promenade will be lined with a variety of shops, cafés and restaurants.

Miral has already invested Dhs4 billion into the first phase of the 320-acre development, which will also include a state-of-the-art, 3.2 million-square-foot campus, and will become the home of the capital’s media hub, twofour54.

Mohamed Khalifa Al Mubarak, Chairman of Miral, said “This is a significant milestone in Abu Dhabi’s journey to diversify its economy through world-class tourism and business infrastructure and a step towards our ambition to welcome 48 million visitors to Yas Island by 2022. Miral opens a new chapter in Yas Island’s growth as a unique destination for entertainment and tourism, residential island living, and business”.

Be the first to get all the latest Abu Dhabi news, reviews and deals into your inbox by signing up to our free newsletter, click here to sign up.

More from News

Explore the best of the city on a budget

Get the lowdown on where to rent in Abu Dhabi

Where to live, how much to pay and when to move home

Remembering the founding father’s work

We take a trip to the landmark for this week’s vlog


Follow us