4= Yas Island
Project Overview
Located to the east
of Abu Dhabi city, the 25 sq km Yas Island is being developed into a residential, recreation and entertainment centre aimed at local and international tourists.
The development includes the world’s first Ferrari theme park and the Yas Marina Circuit, which hosts an annual Formula 1 race. There will also be golf courses, a water park, marinas with up to 1,400 berths and up to 20 hotels.
The $150m Yas Mall, due to be completed in 2013 will be one of the largest in the region, with more than 500 stores over four floors. The residential units will be a mix of low-rise apartments and villas and will be available to own or rent.
Construction work on the island began in 2007 and the project is expected to take seven years to complete. In total, 17 sq km of the island is being developed.
Project Analysis
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Rewarding commitment to quality
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Abu Dhabi: Delivering the vision
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Dubai outperforms its neighbour
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Iraq and Qatar growth bolsters index
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Respite after the property storm in the GCC
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State clients drive UAE construction market
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UAE to benefit from stability
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Gulf market grows despite protests
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Leisure & Tourism MEED Project of 2011
Company Announcements
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Du Arena transformed for visit of Queen of Pop Madonna
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du signs four-year deal: Yas Arena and Flash Forum to be renamed du Arena and du Forum
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Park Inn by Radisson, Abu Dhabi Yas Island announces new Ferrari World Abu Dhabi package
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Yas Waterworld Abu Dhabi to be launched at Arabian Travel Market
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Continental Tyres reinforces AMG Driving Performance Tour 2012 at Yas Island
MEED Events
Key Facts
Client: Aldar Properties
Sector: Real Estate
Stage: Under construction
Budget: $37bn
Completion date: Q4 2018
Location: Abu Dhabi, UAE
News
Abu Dhabi agrees $4.6bn bailout package for Aldar
Government agrees deal for $4.6bn bailout
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GCC’s Top 100 projects reflects real-estate slump
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Six Construct wins Yas Mall construction contract
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Award expected for Aldar’s Yas mall
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Quality becoming increasingly important in construction sector
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Aldar project completions accelerating
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Bids in for Yas island shopping mall
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UAE government increases support for real estate
MEED Projects
Company Profiles
Sorouh Real Estate
Rising residential lease income is bolstering the Abu Dhabi property developer’s balance sheet
