Construction of Miral’s $3.2bn Yas Bay in Abu Dhabi nears completion

The Yas Bay Arena is 75% complete, while the public realm and infrastructure of Yas Bay will be completed by December 2019

The Yas Bay masterplan
The Yas Bay masterplan

Progress is being made on the $3.2bn (AED12bn) Yas Bay waterfront development in Abu Dhabi after real estate developer Miral revealed that the region’s first multi-purpose indoor venue, Yas Bay Arena, is 75% completed and infrastructure of its public realm will be finished by December 2019.

The 130ha development comprises of three distinct areas: The Waterfront, Residences at Yas Bay, and twofour54.

Miral has invested $1bn into the $3.2bn project to develop the Hilton hotel and Yas Bay Arena.

The entire Yas Bay development is currently 60% finished and scheduled for completion in 2020.

Commenting on construction progress, Miral CEO Mohamed Abdalla Al Zaabi said: “Our latest construction update highlights the significant progress we have achieved on our pioneering Yas Bay project.

He added: “With key construction milestones being achieved, we look forward to working with investors and partners from across the world to further develop this unique destination that sets a new benchmark for Yas Island and the UAE.”

Most popular


Deadline approaches for CW Oman Awards 2020 in Muscat
You have until 20 January to submit your nominations for the ninth edition of the


CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this
CW In Focus | Leaders in Construction Summit UAE 2019
A roundup of Construction Week's annual summit that was held in Dubai this September

Latest Issue

Construction Week - Issue 765
Jun 29, 2020