The new Disney Park will be on Yas Island. Yas Island also hosts many other fun theme park places from Miral.
Is Yas Island easy to get to? Yes!
It’s close to Abu Dhabi. You can get there in under 30 minutes. It’s also near Dubai, taking less than one hour to drive from Dubai.
What else is on Yas Island besides theme parks?
Yas Island has many exciting things:
His Excellency Mohamed Khalifa Al Mubarak, Chairman at Miral, said –
“Abu Dhabi is a place where heritage meets innovation, where we preserve our past while designing the future.”
UAE enables Disney to access new markets. Disney mentions that one-third of the global population is within a four-hour flight of the United Arab Emirates. When Abu Dhabi and Dubai airports are combined, they constitute the largest airline hub globally, with 120 million passengers a year.
Although the kingdom of magic will be in Abu Dhabi, Dubai stands in a special position to gain immensely. The two emirates are only an hour’s drive apart, a pleasant ride for visitors and residents alike.
The revelation is likely to have a spillover effect on different segments of Dubai’s real estate market:
The Disney development will enhance investor confidence in the UAE and make Dubai an even more sought-after destination for foreign property investors looking for secure, long-term investments in off-plan properties in Dubai.
The construction and running of Disney Parks will create thousands of jobs. Though they will mainly reside in Abu Dhabi, there will be an enormous number who, particularly in supporting industries or where their families wish to live in Dubai, might opt to remain in Dubai and travel up. It will generate demand for rental homes and sales, especially in areas with good accessibility to Abu Dhabi, such as Dubai South, Jebel Ali, and Sheikh Zayed Road neighborhoods.
Dubai communities known for their amenities for families, good schools, and large-sized housing, such as Arabian Ranches, Dubai Hills Estate, and DAMAC Hills, will likely see enhanced demand from end-users and investors looking at this segment.
Operating through the changing face of real estate needs experience and vision. GRD Off Plan provides complete support to investors interested in finding opportunities in the UAE’s changing marketplace. Staffed by experienced agents, we assist you on a one-to-one basis to help you find and acquire the ideal properties in areas in the ascendency, allowing your investments to respond to emerging opportunities and trends.
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