Miral has announced an AED 12 billion investment in Yas Island over the next five years, targeting new developments alongside expansions to existing attractions as part of Abu Dhabi’s Tourism Strategy 2030.
The investment will fund enhancements to the island’s theme parks, new immersive rides and experiences, and an expanded hospitality offering with additional hotel rooms. Miral confirmed the spend is separate from the Disney project announced previously.
“This investment reflects our commitment to Abu Dhabi’s long-term vision and our ambition to continue shaping one of the world’s most dynamic tourism destinations. Yas Island has become a global success story, demonstrating how world class experiences contribute to economic growth, enhance quality of life, and strengthen Abu Dhabi’s appeal to audiences from around the world. Over the next five years, this investment will build on that momentum, introducing new experiences and expanding our hospitality and leisure offering to meet our evolving visitor expectations. As Abu Dhabi continues to strengthen its position as a global center for tourism and entertainment, we remain focused on creating lasting value for residents, visitors and future generations, while contributing to the emirate’s sustainable growth and diversification ambitions,” Mohamed Khalifa Al Mubarak, Chairman of Miral said in a statement.
Miral also said the projects are expected to support job creation and skills development in the tourism sector, framing the investment as a contribution to Abu Dhabi’s economic diversification ambitions alongside its tourism goals.
