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Faithful+Gould bags PM contract for UAE’s $3.3bn Yas Bay

Miral has contracted Faithful+Gould to provide project management services for Phase 1 of its $3.27bn Yas Bay project in Abu Dhabi

Miral’s Yas Bay development will be located in the south of Abu Dhabi’s Yas Island.
Miral’s Yas Bay development will be located in the south of Abu Dhabi’s Yas Island.

Miral has appointed Faithful+Gould to provide project management services for its $3.27bn (AED12bn) Yas Bay development in Abu Dhabi.

Under the terms of the four-year contract, Faithful+Gould will work on Phase 1 of the two-phase project, which is located in the south of Yas Island.

Yas Bay’s initial phase will involve the construction of a 650-key hotel and Yas Arena, a multipurpose venue with a capacity of 18,000 people. Phase 1 will also include the development of food and beverage (F&B) and retail outlets, and a cinema.

All elements of Yas Bay’s Phase 1 are expected to open to the public in 2019.

Commenting on the contract win, Faithful+Gould’s Middle East managing director, Campbell Gray, said: “Miral has a clear objective for [Yas Bay] to become a globally recognised leisure and entertainment destination, integral to Abu Dhabi Vision 2030, and we are really excited to be part of that.”

Miral has implemented a diverse range of leisure and commercial amenities within Yas Bay’s master plan. The project will also feature residential developments to accommodate 15,000 residents.

Faithful+Gould’s GCC project portfolio includes Al Maryah Central, Bulgari Resort Dubai, and Royal Atlantis in the UAE; Doha Oasis in Qatar; and King Abdulaziz International Airport in Saudi Arabia.

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