Aldar Property's Yas Island Project, home of the Ferrari World Abu Dhabi theme park as well as attractions from Warner Brothers and five-star hotels and residences, will contribute to the economy of Abu Dhabi, the company said in a statement.
In 2007, the Abu Dhabi International Airport received a record 6.9 million passengers, a 31 per cent increase over the year before. Forecasts for 2008 are around 7.6 million.
As Abu Dhabi is promoted to an international audience attracting a growing number of visitors each year, developments like Yas Island, a multi-use entertainment and leisure destination, are likely to increase the number of visitors with theme parks, attractions and entertainment for families.
Key features
Yas Island will be home to the world's first Ferrari theme park, Ferrari World Abu Dhabi. In addition, the destination will also be home to a Warner Bros theme park and a Formula One racetrack, which will be hosting the Abu Dhabi Grand Prix commencing in 2009. Other attractions will include a Water Park, the first Links golf course in the UAE, and a 250,000 square metre retail mall.
With hotels, water front features and beaches, commercial offices, and spas, Yas Island is expected to become a major leisure destination.
Advantage
"Abu Dhabi has the unique advantage of being in a central location, connecting the eastern and western worlds. As an international player in the property development industry catering to a global contingency, Aldar Properties ensures that all of its developments meet international standards, and are continually setting the benchmark for quality in the industry, which demonstrates the maturity of regional construction and the real estate market of Abu Dhabi," said Ronald Barrott, chief executive officer of Aldar Properties.
Yas Island's completion date is set for 2014.
In 2007, the Abu Dhabi International Airport received a record 6.9 million passengers, a 31 per cent increase over the year before. Forecasts for 2008 are around 7.6 million.
As Abu Dhabi is promoted to an international audience attracting a growing number of visitors each year, developments like Yas Island, a multi-use entertainment and leisure destination, are likely to increase the number of visitors with theme parks, attractions and entertainment for families.
Key features
Yas Island will be home to the world's first Ferrari theme park, Ferrari World Abu Dhabi. In addition, the destination will also be home to a Warner Bros theme park and a Formula One racetrack, which will be hosting the Abu Dhabi Grand Prix commencing in 2009. Other attractions will include a Water Park, the first Links golf course in the UAE, and a 250,000 square metre retail mall.
With hotels, water front features and beaches, commercial offices, and spas, Yas Island is expected to become a major leisure destination.
Advantage
"Abu Dhabi has the unique advantage of being in a central location, connecting the eastern and western worlds. As an international player in the property development industry catering to a global contingency, Aldar Properties ensures that all of its developments meet international standards, and are continually setting the benchmark for quality in the industry, which demonstrates the maturity of regional construction and the real estate market of Abu Dhabi," said Ronald Barrott, chief executive officer of Aldar Properties.
Yas Island's completion date is set for 2014.
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