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How Yas Island is drawing a Dh30 billion-plus development wave

Abu Dhabi: More than Dh30 billion in disclosed investment and development value is flowing into Yas Island through residential communities, hotels, entertainment venues and visitor attractions. The figure covers Miral’s five-year investment programme of more than Dh12 billion, the Dh6 billion gross development value of Aldar’s Yas Point, THE WADI’s estimated Dh6 billion investment and the $1.7…

Yas Island in Abu Dhabi is witnessing a significant development wave, with over Dh30 billion in disclosed investment and development value flowing into the area. This growth encompasses residential communities, hotels, entertainment venues, and visitor attractions. Key contributors include Miral's Dh12 billion investment over five years, Aldar's Yas Point with Dh6 billion in gross development value, Sphere Abu Dhabi's $1.7 billion ($6.24 billion) construction cost, and THE WADI's estimated Dh6 billion investment.

The development pipeline includes numerous attractions such as theme parks, hotels, and entertainment venues. Miral plans to expand hotels by 30 to 35 percent and add new attractions in the coming years. Demand for the island's offerings is also on the rise, with hotel occupancy at 92 percent in August 2026 and annual-pass sales increasing by 20 percent year-on-year despite limiting the number sold. Yas Island has welcomed one million visitors from India in 2025, a 20 to 25 percent increase from the previous year.

Residential projects are also a significant component of the development, with Aldar's Yas Point featuring 1,600 residences, a five-star resort hotel, and more. Cosmo Developments' THE WADI, valued at Dh6 billion, will add 3,950 homes along Yas Canal. The island is set to host Disney's seventh theme park outside the United States once the project is completed, although the cost of this addition remains undisclosed.

These diverse and complementary projects are transforming Yas Island into a more balanced mix of housing, hospitality, and entertainment, catering to both tourists and permanent residents.

Written by urgent.news from Gulf News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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