Miral unveils $3.3bn Yas Island master plan

Miral unveils $3.3bn Yas Island master plan

The unveiling of the development plan was made in the presence of HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, by Miral chairman, Mohamed Khalifa Al Mubarak, and Miral CEO, Mohammed Abdullah Al Zaabi.

According to UAE state news agency, WAM, the development will consist of three areas: Yas Bay, a public waterfront and entertainment district; the Media Zone, featuring the new campus of twofour54; and the Residences at Yas Bay, an urban island community.

Miral is investing $1.1bn (AED4bn) into Phase 1 of the 14 million-square-feet project, which is expected to attract more than 15,000 new residents and 10,000 working professionals to Yas Island.

Read the full article on Construction Week Online.