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Abu Dhabi invests in Yas Island expansion

By Naya Setiawan  | 
Theme park construction site.
Theme park construction site.

Abu Dhabi’s Miral has revealed plans to inject over AED 12 billion into Yas Island within the next five years, solidifying its reputation as a leading global destination for entertainment and leisure experiences.

This investment will fund the development of new attractions, expand existing theme parks, and increase the island’s hotel capacity, aligning with strong operational performance across Yas Island.

Recent reports indicate a 92 percent hotel occupancy rate in August, marking one of the destination’s busiest periods, with demand remaining robust despite intentional caps on annual pass sales, leading to a 20 percent year-over-year increase.

Yas Island has observed a positive trend in visitor numbers from diverse international markets, including Russia and India, which has emerged as a vital international source market, contributing significantly to its growth trajectory.

Miral welcomed 1 million visitors from India in 2025, reflecting an annual growth rate of approximately 20 to 25 percent, attributed to a multi-layered strategy involving local partnerships and targeted marketing campaigns.

The island’s strategic infrastructure and geographical advantages underpin its appeal, with proximity to Zayed International Airport and Al Bateen Executive Airport providing extensive airline connectivity.

The five-year investment program encompasses a pipeline of developments spanning tourism, entertainment, and hospitality sectors, including new immersive rides and experiences, alongside strategic upgrades to existing attractions.

Miral intends to significantly expand the island’s hospitality offerings, projecting an increase of roughly 30 to 35 percent in overall hotel room count over the next five years, complemented by upgrades across its existing accommodation portfolio.

The unique concentration of leisure and cultural assets is a key differentiator for Yas Island, with four theme parks and five museums located within a 15-minute radius of each other, offering unparalleled accessibility and variety.

These forthcoming projects are expected to contribute positively to employment generation and skills development within Abu Dhabi’s growing tourism sector, reinforcing the emirate’s economic diversification goals.

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