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Abu Dhabi will see Yas Island transformed in the next two years with this new development spanning over 14 million square feet.
9 May 2017
| Last updated on 17 May 2017
As part of the Dh12 billion development plan for Yas Island, there will residential complexes, restaurants alongside a new pier, arena and waterfront promenade.
This new 14 million square-foot project will be located near Yas Plaza and Yas Beach. Twofour54, the Free Zone catering to the media industry, will be relocating there.
The development of the project started in January and the developer, Miral Asset Management, invested Dh4 billion for the first phase.
What will it have?
Yas Bay will be the main attraction there, consisting of a waterfront area, a recreational pier and a promenade. It will feature more than 50 restaurants and cafes, 20 retail stores, two hotels, a cinema and a beach club.
There will also be a multi-purpose venue called Yas Arena and it can host up to 18,000 individuals. The Arena will be managed by Flash Entertainment and they will be using the venue to host concerts, conferences, exhibitions and sporting events.
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Other features include 20 parks, cycling & running tracks, volleyball & tennis courts, three mosques and two schools. This will all cater to two residential blocks on both sides of the Yas Bay. Some 15,000 residents will be able to enjoy these features if they reside in one of the 35 residential buildings to be built.
Employment
The project is expected to diversify and contribute to the country’s economy and architectural development. The Media Zone will take up 3.2 million square feet and it’s believed that it will put Abu Dhabi at the forefront of the regional media industry.
There should be around 10,000 residents working in the Media Zone, with 4,000 of them being from companies within twofour54.
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When will it be done?
The project is expected to be completed by 2019. About 14,000 visitors are anticipated per day.
Other projects
This development is only a part, although a significant one, of a bigger 2022 plan to attract 48 million visitors annually to Yas Island.
Other upcoming projects include the Warner Bros World, SeaWorld Abu Dhabi and Clymb, an indoor climbing wall and skydiving chamber.
