New attractions to launch at Yas Island
Miral Asset Management revealed its latest plans for the development of Abu Dhabi’s Yas Island, including the $191m (AED700m) worth of new rides for its Ferrari World attraction
Miral Asset Management revealed its latest plans for the development of Abu Dhabi’s Yas Island, including $191m (AED700m) worth of new rides for its Ferrari World attraction, a senior official said on Tuesday.
The developer revealed plans for new attractions at Yas Waterworld and Ferrari World this year as well as plans for an integrated transportation system on the island.
As part of its vision to position Yas Island as one of the top 10 global destinations for leisure in the world, Miral is investing substantially in the development of entertainment attractions, with the Warner Bros World Abu Dhabi theme park set to open in 2018 and the first SeaWorld marine life park to be completed by 2022.
Mohammed Al Zaabi, chief executive officer of Miral, told Construction Week: “We are launching two new attractions this year, one during the summer months and the other by the end of the year,” he said, adding that the new attractions will introduce new technology unique to the region.
An additional four rides will be added to Ferrari World’s expanding portfolio in 2018, all targeted towards children, bringing the total of rides to 39 by the end of the year and 43 by next year.
Al Zaabi also said that the development of a skytram is currently in the design phase - a cable car that will link all the attractions on the Island together, including hotels, malls and theme parks.
The chief executive also revealed plans for Yas Waterworld, adding: “We are adding a new attraction to Yas Waterworld this year, with the addition of a 29-seat, 5D cinema, which will be the first of its kind for a waterpark in the region.”
Al Zaabi said that despite a general economic slowdown due to low oil prices, Yas Island has seen a 9% growth, explaining: “Our hotels have grown from 4.1% to 4.4% while Abu Dhabi Airports has met with growth of 5%, and that alone says we are doing well.”
Miral aims to welcome 48 million visitors to Yas Island by 2022.