Clymb, Seaworld in Abu Dhabi developer Miral's $1.7bn portfolio

Clymb, Seaworld in Abu Dhabi developer Miral's $1.7bn portfolio
Seaworld Abu Dhabi is among Miral's planned projects for Yas Island.
Published: 29 April 2019 - 3 a.m.
By: Neha Bhatia

UAE developer Miral, the company behind Yas Island which is currently building the Yas Bay arena in Abu Dhabi, revealed it is investing $1.7bn (AED6.2bn) in leisure and entertainment projects on the island.

Yas Island recorded 28 million visits in 2018, and Miral’s chief executive officer, Mohamed Abdalla Al Zaabi, said the island’s popularity grew following the launch of the Warner Bros World theme park last year.

Among Miral’s project plans is Clymb, a sports facility that is planned to feature the world’s widest indoor skydiving flight chamber and its highest indoor climbing wall.

Project plans for Yas Island also include Seaworld Abu Dhabi, a theme park that will include the UAE’s first R4 – which stands for research, rescue, rehabilitation, and release – centre.

Commenting on Yas Island’s performance in 2018, Al Zaabi said: “2018 was another successful year and reflects our commitment to help grow and develop our nation’s tourism industry.”

Work is steadily progressing on Yas Bay, an 18,000-seater arena project which Bam International is involved with as main contractor. In March, the Yas arena’s longest roof truss – autographed by Miral chairman, HE Mohamed Khalifa Al Mubarak, and Al Zaabi – was lifted into place.

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