Miral, Abu Dhabi’s leading curator of experiences, welcomed on Thursday Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of the Executive Council and Chairman of Abu Dhabi Executive Office, at Yas Island’s Yas Bay, which is to become Abu Dhabi’s premier waterfront destination.
The development will play an important role in the continued growth of Yas Island and positioning it as a top global destination for entertainment, leisure and business.
Yas Bay represents an Dh4 billion investment, which is an integral part of Miral’s Dh12 billion diverse portfolio of leisure and entertainment developments under construction.
Sheikh Khaled bin Mohamed was briefed on the development’s masterplan with various achievements and milestones highlighted on Yas Bay.
The project, located on the southern end of Yas Island, encompasses three distinct areas; The Waterfront, the Residences and twofour54, and is set to attract 15,000 future residents and over 10,000 top business professionals.
The tour included the iconic Etihad Arena, Abu Dhabi’s multi-purpose indoor entertainment venue, which will be the epicentre of Yas Bay’s Waterfront and is set to host UFC and other world-class events.
Once open, the Arena is designed to accommodate both large-scale and private events, with flexible capacity ranging from 200 to 18,000 people.
Sheikh Khaled commended the progress achieved to date and the ongoing success of Yas Island in building its reputation as a global tourism destination; commenting, “Projects such as Yas Bay are part of our efforts to raise the bar and set a new global standard in leisure and entertainment. We are focused on realising our vision, no matter what changes we face, of cementing Abu Dhabi’s position as a global hub for tourism, business, and investment.”
Commenting on the tour of Yas Bay, Mohamed Khalifa Al Mubarak, Chairman of Miral, said, “We are honoured to have Sheikh Khaled bin Mohamed bin Zayed tour Yas Bay and view the significant progress we have made across Abu Dhabi’s new iconic development.”
During the visit, the progress of the Hilton Yas Bay Hotel and the planned Pier were showcased, while an overview of the completed public realm and infrastructure were also highlighted. The 546-room 5 Star hotel, and the accompanying beach club, are now over 93 per cent complete and set to be opened this year.