Miral Announces AED 12 billion Investment for Yas Island Development
On 14 September 2026, Miral, the Abu Dhabi‑based creator of immersive destinations, disclosed a commitment to invest more than AED 12 billion across Yas Island over the next five years. The capital will fund a robust pipeline of new developments and enhancements aimed at expanding world‑class attractions, introducing immersive rides, and enlarging the island’s hospitality portfolio through additional hotel rooms. This programme is positioned to reinforce Abu Dhabi’s Tourism Strategy 2030 and to further cement Yas Island’s status as a leading global leisure and entertainment destination.
Chairman H.E. Mohamed Khalifa Al Mubarak emphasized that the investment reflects Miral’s dedication to the emirate’s long‑term vision, noting that the projects will generate employment, advance skills development within the tourism sector, and support Abu Dhabi’s broader diversification and sustainable growth ambitions. He highlighted that the AED 12 billion outlay is distinct from the previously announced Disney partnership and is intended to broaden the diversity of experiences available to visitors.
The announced spend is expected to create a vibrant, future‑ready economy for the region by enhancing visitor experiences, driving job creation, and contributing to the emirate’s economic growth and quality‑of‑life objectives. For further details, the press release is available via PRNewswire and on Miral’s website.