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Contents
Who is Miral 3 Yas Island Overview 7 Operating Assets 12 Assets Under Development 15 Abu Dhabi Projects 23 Investment Opportunities 27 Yas Bay 31 Theme Park Zone 41 2 WHO IS MIRAL 3
Who is Miral
Established in May 2011, Miral has played a key Our asset management portfolio includes: role in the rapid growth of Abu Dhabi’s leisure • Over 1,800 residential unit and tourism sector, in support of the Emirate’s • Over 1,000 hotel guest rooms in development Economic Vision 2030. • 90,000 sqm of retail currently in operation and 50,000 sqm under development With landmark projects on Yas Island and in Abu Dhabi, Miral has transformed the sector, Our core vision is driven by a commitment to strengthening the Emirate’s reputation as a Abu Dhabi’s growth and to the development global tourism destination with unique of Yas Island as a top global destination for attractions and world-class infrastructure. entertainment, leisure and business.
Our developments in Abu Dhabi have contributed Through our transformative and innovative to the creation of the fastest growing theme projects, Miral aims to contribute to Abu Dhabi’s park market in the world and cemented the long-term development as a sustainable, Emirate’s position as a prime location for diversified and globally-integrated economy. international investment. Working with strategic real estate partners, Miral is responsible for destination management investors and brands from around the world, for several key leisure and entertainment we will continue to play our part in achieving destinations, as well as the development of this vision. significant land banks on Yas Island and in Abu Dhabi.
Miral also manages a large portfolio of real estate assets across Abu Dhabi, handling landlord and owner representative duties for a number of third parties. 4 WHO IS MIRAL
Operating Assets
Miral manages the operations of globally-recognised assets across leisure and entertainment including theme parks and hospitality, through its subsidiary Farah Experiences and our Asset Management team. For more Our portfolio details, refer to pages 12 - 13.
Miral has successfully completed a number of globally-recognised projects in Abu Dhabi’s entertainment and leisure industry.
Our partnerships with leading international brands, such as Warner Bros., Ferrari and SeaWorld, have placed us at the forefront of the fastest-growing theme park market in the world, while our contribution to the leisure and entertainment sector in Abu Dhabi and on Yas Island illustrate the breadth of our focus.
Abu Dhabi Projects
Miral has expanded its geographic reach of projects from Yas Island to greater Abu Dhabi. A number of these projects are cultural landmarks which highlights the breadth of Miral's expertise at creating experiences to grow the tourism and leisure sector. For more details, refer to pages 23 - 25. 5
Assets Under Development
Miral is developing significant land banks on Yas Island and in Abu Dhabi, with opportunities for investors to capitalise on Abu Dhabi's growth prospects. Opportunities exist across residential, retail, hospitality, entertainment and leisure. For more details, refer to pages 15 - 21 and 27 - 45.
Image is for illustrative purposes only 6 7
Yas Island Overview 8 YAS ISLAND OVERVIEW KEY FACTS
Yas Island
25 sq. km development Choice of 165+ 109 rides, shows and attractions restaurants across 3 theme parks
Yas Island is the region’s top entertainment and leisure destination, with a diverse portfolio of unique attractions and theme parks creating immersive experiences for visitors from the region and around the world. Surrounded by crystal-clear waters and dotted with some of Abu Dhabi’s most iconic landmarks, Yas Island is home to one-of-a-kind experiences that will invigorate all the senses and create memories that will last a lifetime.
Catering to all tastes and ages, Yas Island provides a world of opportunities that will delight, inspire and entertain. Over 400 shops at Abu Dhabi’s Home to 7 hotels with Miral’s total investment From world-class theme parks to a thrilling F1 race track, largest shopping mall, Yas Mall more opening soon on Yas Island is the award-winning Yas Links golf course, to fun in the sun at AED 11.6 billion Yas Beach, visitors will never be short of things to do. Yas Mall is Abu Dhabi’s largest shopping destination, and there are unparalleled hospitality and dining opportunities across the seven Yas Island hotels, as well as at Yas Marina, which offers dining, fitness and leisure facilities in a stunning marine setting.
STRATEGICALLY LOCATED
10 25 45 60 minutes drive minutes drive minutes drive minutes drive from Abu Dhabi from Abu Dhabi from Dubai from Burj Khalifa International Airport city centre (central Dubai) 9
45 min Dubai
Saadiyat Island
25 min Abu Dhabi Island 10 min
Abu Dhabi International Airport 10 YAS ISLAND OVERVIEW
Vision for Yas Island Top 10 global entertainment 100,000 corporate 10,000 daily workforce and leisure destination travellers Yas Island is set to attract an increasing number of regional and international visitors, as it becomes a top 10 global destination for leisure and entertainment.
Recently named the “Middle East’s Leading Tourism Development Project” at the 2019 World Travel Awards, Yas Island is continuing to evolve as a premium destination in which to live, work and play. Four theme parks 4,000 hotel rooms Pioneering gaming and tech Based on the residential developments planned and currently being built, 25,000 residents will call Yas Island home, along with a daily workforce of 10,000 and up to 100,000 corporate travellers.
Globally renowned sports 25,000 residents All strategically connected and events via an innovative transportation network 11
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8 1 Cipriani 5 7 2 CLYMB
3 Ferrari World Abu Dhabi 12 2 4 SeaWorld Abu Dhabi 6 4
5 Theme Park Zone 3 6 The Fountains (Yas Mall)
7 Warner Bros. World Abu Dhabi
8 West Yas
9 Yas Bay
10 Yas Marina
11 Yas Village 10 1 12 Yas Waterworld Abu Dhabi
9 12 YAS ISLAND OVERVIEW - OPERATING ASSETS
Operating Assets
Ferrari World Abu Dhabi Yas Waterworld Abu Dhabi Warner Bros. World Abu Dhabi
The world’s first Ferrari-branded theme park, opened in 2010. Unique waterpark designed to reflect the UAE’s The world’s first Warner Bros. branded indoor theme park, rich pearl diving heritage, opened in 2013. opened in 2018.
• 37 Ferrari-inspired rides and attractions • 43 rides, slides, shows and attractions • 29 rides, shows, and attractions • World’s fastest rollercoaster – Formula Rossa • 30 industry awards and accolades • 6 immersive lands • World’s tallest non-inverted rollercoaster loop – Flying Aces • 5 consecutive years - TripAdvisor Traveler’s Choice award • 1.65 million square feet (153,000 sqm) • Middle East’s Leading Theme Park – 2017, 2018 & 2019 • TripAdvisor Hall of Fame 2018 • L isted in TIME Magazine’s “World’s Greatest Places to Visit” 2018 World Travel Awards • Middle East’s Leading Waterpark – 2019 World Travel Awards • M iddle East’s Leading Tourist Attraction – 2019 World Travel Awards 13
Yas Marina Cipriani The Fountains
A stylish, 227-berth marina for yachts between 8m and 150m, One of Abu Dhabi’s most prestigious Italian restaurants located Opened in 2014, The Fountains located in Yas Mall, features opened in 2009. at Yas Marina, opened in 2010 known for its impeccable quality 19 casual dining restaurants and eateries offering food from and attention to detail. around the world.
• 7 restaurants, lounges and other venues • Italian dishes from the famous Harry’s Bar in Venice • Ideally located between Yas Mall and Ferrari World Abu Dhabi • Breathtaking views of Yas Marina Circuit • Designed by Florentine architect Michele Bonan • Indoor and al fresco seating that overlooks the dancing fountains • Facilities include fitness, water sports, boat charters and more • Outdoor terrace overlooking the marina and Yas Marina Circuit • 10,000 sqm of GLA • Ranked among top 15 elite superyacht marinas worldwide by Yachting Pages in 2018 14 YAS ISLAND OVERVIEW - ASSETS UNDER DEVELOPMENT 15 Assets Under Development
Yas Bay
Yas Bay is a 1.28 million sqm total GFA mixed use development that will attract over 15,000 residents and 10,000 professionals to Yas Island across three main areas.
Yas Bay Waterfront
The Waterfront is the epicentre of Yas Bay. Features include: • Yas Bay Arena - named Sustainable Building Design of the Year at the MENA Green Building Awards 2018 • 2 hotels including the Hilton Hotel • Exciting new entertainment and leisure district with 56 of the latest food & beverage and retail concepts • Forecast completion by end of 2020
Residences at Yas Bay
A master planned community in an unparalleled waterside location comprising of: • 35 low-to mid-rise residential plots • 19 recreational parks • 3 mosques • 2 schools twofour54
• Yas Bay will be the new home to twofour54, the world-renowned creative hub for Abu Dhabi’s media and entertainment industry. 16 YAS ISLAND OVERVIEW - ASSETS UNDER DEVELOPMENT
1
Theme Park Zone
Yas Island’s ground-breaking Theme Park Zone is set to become 2 a must-visit destination for theme park lovers from around 6 the world. 8
3 • Integrated theme park experience featuring award winning Warner Bros. World Abu Dhabi and Yas Waterworld Abu Dhabi 5 • The world’s first Warner Bros. branded hotel, serviced apartments and air conditioned Retail Walk are currently 4 under development. 8
The WB, Abu Dhabi 7 •n A inspired hotel where the essence of Warner Bros. films, shows, comics and more – come to life • Located in the heart of Yas Island, the hotel will be a short walk from Warner Bros. World Abu Dhabi and other premiere destinations • Whether it is Dorothy or Daffy, Friends or The Flintstones, your story starts at The WB, Abu Dhabi
Serviced Apartments 1 Entertainment & Leisure Plot 6 Warner Bros. World Abu Dhabi
• Aimed at visitors looking for accommodation with 2 Hotel (3 star) + Serviced 7 Yas Waterworld Abu Dhabi a kitchen, in a super convenient location close to Apartments Plot the theme parks 8 Parking • Room mix includes studio, 1 bed, 2 bed and 3 Retail Walk 3 bed apartments 4 Serviced Apartments
5 The WB, Abu Dhabi Retail Walk
• Air-conditioned pedestrian retail promenade featuring a prominent mix of F&B, entertainment and other family oriented retailers. 17
Image is for illustrative purposes only 18 YAS ISLAND OVERVIEW - ASSETS UNDER DEVELOPMENT
CLYMB
CLYMB is a multiple world-record breaking sports and entertainment concept, with completion planned for end of 2019.
• Features the world’s widest indoor skydiving flight chamber and the highest indoor climbing wall • Linked to Yas Mall and Ferrari World Abu Dhabi by an air-conditioned passageway, offering seamless access to a range of shopping and dining experiences 19
SeaWorld Abu Dhabi
A next-generation marine life theme park featuring the UAE’s first dedicated marine life research, rescue, rehabilitation and release centre.
• World-class facilities and resources for the care and conservation of local marine life • Integrates up-close animal experiences, mega attractions, world class aquarium, with latest technology in visitor engagement • Currently under design, forecast completion 2022 20 YAS ISLAND OVERVIEW - ASSETS UNDER DEVELOPMENT
Yas Village
Yas Village is a 108,600 sqm phased residential campus offering quality staff accommodation on Yas Island.
The campus will bring together staff from different nationalities and cultures, and will comprise 1, 2 and 4 person units, with an ultimate occupancy capacity of up to 5,400 residents.
The development will include: • 9 residential buildings • Central community park • 3 sports areas • Running track • Multi-purpose building with a commercial kitchen, dining hall, gyms, retail, and laundry services.
Phase 1 will include capacity for 3,060 residents.
Project currently under construction, with Phase 1 completion by end 2020. 21
Future Projects
Miral is developing additional land banks on Yas Island, including Yas North and Zone FX. More details on Zone FX will be available soon.
Yas North will be a vibrant residential community that incorporates year-round leisure and entertainment precincts, anchored by key YAS NORTH attractions and a prime beachfront location.
Once completed, Yas North will feature a significant waterfront destination with unequalled amenities that provides both a unique living environment for residents and an exclusive destination for visitors.
• Final major masterplan on Yas Island • Features a 3 km north-facing shoreline of outstanding beauty • Complementary mix of residential, leisure, entertainment, F&B and hospitality
Register your interest with our Investor Relations team to find out how to partner with Miral on these developments at [email protected]
ZONE FX 22 23
Abu Dhabi Projects 24 ABU DHABI PROJECTS
• Variety of leisure, entertainment, food and beverage A’l Bahar at the Corniche and wellness facilities • Caters to all aspects of a healthy urban lifestyle A vibrant 80,000 sqm beachfront development stretching • Community events throughout the year over half a kilometre along the Abu Dhabi Corniche. • Project completed in September 2018 25
Qasr Al Watan • Housed within the Presidential Palace compound in Abu Dhabi • Includes ‘The Palace in Motion’ light and sound show projected The nation’s newest cultural landmark, celebrating UAE’s onto the façade of the building every night heritage, traditions and values. • T estament to Miral’s commitment to creating and building immersive experiences for Abu Dhabi • Opened to the public in March 2019 26 27
Investment Opportunities 28 INVESTMENT OPPORTUNITIES
Miral Investment Opportunities
With numerous successful, globally-recognised projects in the entertainment and leisure sectors in our portfolio, Miral has established a reputation for bold innovation that sets us apart from our peers.
As such, we offer unmatched opportunities for investors to capitalise on Abu Dhabi’s highly positive growth prospects and economic diversification plans.
Propelled by the strength of our collaborative model with leading international brands, we continue to seek ambitious partners from around the world to bring their expertise to Abu Dhabi and Yas Island, driven by our vision to create a top destination for entertainment, leisure and business by 2025. 29
Yas Bay Theme Park Zone
Image is for illustrative purposes only 30 31
Yas Bay 32 INVESTMENT OPPORTUNITIES - YAS BAY
Yas Bay Overview
Welcome to Yas Bay, soon to be Abu Dhabi’s number one waterfront destination, where unforgettable experiences are made. When complete, Yas Bay is expected to attract 15,000 residents and 10,000 professionals to Yas Island. 18,000 capacity Leisure and entertainment Vibrant food and beverage 3 km of public multi-purpose Arena – the district, home to amplified pier overlooking the waterfront boardwalk Located in the south of Yas Island, the AED 12 billion development first in Abu Dhabi experiences sparkling blue waters comprises three distinct areas: of the Arabian Gulf
• The Waterfront, a vibrant leisure and entertainment district, including cafés and restaurants, retail outlets, boutique cinema, 2 hotels, a beach club, and the award winning Yas Bay Arena.
• Residences at Yas Bay, a unique and contemporary residential community, offering the complete Yas Island lifestyle, with 19 parks, 2 schools, 3 mosques and community retail, all within walking distance from The Waterfront.
• Media Zone, featuring the new campus for twofour54, New twofour54 campus Residential communities, Seamlessly integrated 19 parks and green a media and entertainment hub attracting top talent from - bringing 10,000 supported by parks, schools, community accessible spaces for fitness and the global media industry. professionals to Yas Bay mosques and retail by road, cycle, water recreation, including and by foot a skatepark 33
MEDIA ZONE
RESIDENCES AT YAS BAY
RESIDENCES THE WATERFRONT AT YAS BAY
3 Distinct Areas 34 INVESTMENT OPPORTUNITIES - YAS BAY
Yas Bay Investment Total GFA Total Land Area Residential Plots 1.28 million sqm 1.19 million sqm 35 Opportunities
Miral is investing AED 4 billion of the AED 12 billion masterplan to develop the world class infrastructure of Yas Bay including parks, roads and serviced land plots, as well as The Waterfront entertainment and leisure district.
• Construction started in Q1 2017 • Infrastructure completed by Q3 2019; including all parks and public boardwalks • Serviced land plots ready for third-party development across the 1.28 million sqm total GFA site
56 F&B and Retail Outlets 35