Abu Dhabi's waterfront project Yas Bay tops out first hotel
ABU DHABI, April 2, 2019
Miral, Abu Dhabi’s creator of destinations, said it has achieved a major construction milestone at Yas Bay, an upcoming vibrant waterfront community community to live, work and play in the UAE capital with the final pouring of concrete for topping out of the first hotel - to be managed by Hilton - within the development.
Revealing a series of development updates at Yas Bay, Miral said besides this the road infrastructure work and landscaping of the public realm, parks and promenade has also been completed.
Once ready, the development will encompass Yas Bay Arena, The Residences – which forecasts 15,000 residents – a promenade and pier with 37 cafés and restaurants, 19 retail outlets, beach club, and two hotels, as well as being the new hub for Abu Dhabi Media Zone, twofour54.
"As construction of Yas Bay progresses, we get closer to seeing what promises to be Abu Dhabi’s most vivid and energetic community come to life on Yas Island," remarked Miral’s CEO Engineer Mohamed Abdalla Al Zaabi while visiting the project site.
He later witnessed the completion of Yas Bay’s most recent development milestones, including the final pour of concrete for topping out of the first hotel.
“These milestones will prove attractive to investors who can now join Miral on its journey as we deliver the ultimate waterfront experience,” he added.
Once completed, Yas Bay will be home to Abu Dhabi’s newest unique experiences, transforming the southern end of Yas Island and contributing towards Miral’s ambition of making it one of the top global destinations for entertainment and leisure, said Miral.
Yas Bay provides a variety of investment opportunities, including ready-for-development land plots comprising residential, retail, and school usage, it stated.
“We have already started conversations with potential partners, and look forward to working closely with investors who are eager to contribute to the unique experiences we’re creating within Yas Bay,” remarked Al Zaabi.
Across the development, select projects have made significant strides as they near completion. In March, Yas Bay Arena marked a major construction milestone with the installation of the largest roof truss, he added.
When finished, Abu Dhabi’s first-of-its-kind, multi-purpose indoor arena will enhance the UAE’s live entertainment industry and the capital’s nightlife scene with large-scale business and private events, it added.
Miral is creating a world-class visitor experience on Yas Island, with Yas Bay set to become a compelling addition. Yas Bay will help to transform the southern end of Yas Island and reinforce the Island’s long-held appeal as a leading tourism destination.-TradeArabia News Service