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{{short description|Holding company in Abu Dhabi}}{{Infobox company
{{short description|Holding company in Abu Dhabi}}
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{{Infobox company
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| name = Miral
| industry = [[Real estate]]
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Miral is the leading creator of immersive destinations and experiences that contributes to the growth of the leisure and entertainment industry and Abu Dhabi’s economic diversification.<ref>{{Cite web |last=Saadi |first=Dania |date=2018-12-20 |title=Miral building Dh6.2bn worth of projects on Yas Island, CEO says |url=https://www.thenationalnews.com/business/travel-and-tourism/miral-building-dh6-2bn-worth-of-projects-on-yas-island-ceo-says-1.803945 |access-date=2022-11-14 |website=The National |language=en}}</ref> Since 2011, Miral has transformed the sector, strengthening the Emirate’s reputation as a global tourism destination with unique attractions and world-class infrastructure. Miral’s key core pillars include design & development, operations and destination management of several key leisure and entertainment destinations, on [[Yas Island]], [[Saadiyat Island]] and in [[Abu Dhabi]], as well the marketing, sales and operations of globally recognised assets including [[Amusement park|theme parks]], attractions and hospitality outlets, through its subsidiaries Miral Destinations, Miral Experiences and Yas Asset Management.  
'''Miral''' is a [[real estate]] development, management and investment company responsible for the development and management of [[Yas Island]] in [[Abu Dhabi]].<ref>{{Cite web|url=https://www.thenational.ae/business/travel-and-tourism/miral-building-dh6-2bn-worth-of-projects-on-yas-island-ceo-says-1.803945|title = Miral building Dh6.2bn worth of projects on Yas Island, CEO says}}</ref> In addition, the company owns and operates [[Warner Bros. World Abu Dhabi]], [[Ferrari World]] and [[Yas Waterworld]] as well as the upcoming [[SeaWorld Abu Dhabi]], all through its wholly owned subsidiary Farah Experiences.

Miral's portfolio currently encompass entertainment, hospitality, leisure, sport, dining and retail experiences and attractions.<ref>{{Cite web |last=Release |first=Press |title=Abu Dhabi, Miral partner with Feld and SES to welcome new line-up of global entertainment shows to Yas Island |url=https://www.zawya.com/en/press-release/abu-dhabi-miral-partner-with-feld-and-ses-to-welcome-new-line-up-of-global-entertainment-shows-to-yas-island-nmhv2xmk |access-date=2022-11-14 |website=www.zawya.com |language=en}}</ref> Its developments in Abu Dhabi have contributed to the creation of the fastest growing theme park market in the world, while cementing the Emirate’s position as a prime location for international investment.

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. Miral’s asset management portfolio includes over 1,800 residential units, 90,000 sqm of retail currently in operation and over 1,000 hotel guest rooms.

== Portfolio on Yas Island ==

=== Ferrari World Abu Dhabi ===
Since 2010 on [[Yas Island]], [[Ferrari World Abu Dhabi]] is the world’s first Ferrari-branded theme park featuring 41 Ferrari-inspired rides and attractions. The theme park is home to the world’s fastest rollercoaster and the world’s tallest non-inverted rollercoaster loop, designed using technologically advanced simulators, and offering visitors of all ages a fully immersive experience. Ferrari World Abu Dhabi also offers a diverse range of quality dining venues and a premium shopping experience featuring Ferrari merchandise. The theme park was awarded “Middle East’s Leading Theme Park” at the World Travel Awards in 2017, 2018 2019, 2020, 2021 and 2022.<ref>{{Cite web |title=Middle East's Leading Theme Park 2021 |url=https://www.worldtravelawards.com/award-middle-easts-leading-theme-park-2021 |access-date=2022-11-14 |website=World Travel Awards |language=en-gb}}</ref><ref>{{Cite web |title=Middle East's Leading Theme Park 2022 |url=https://www.worldtravelawards.com/award-middle-easts-leading-theme-park-2022 |access-date=2022-11-14 |website=World Travel Awards |language=en-gb}}</ref>

=== Yas Waterworld Abu Dhabi ===
Since 2013, [[Yas Waterworld Abu Dhabi]] is a unique waterpark, located on [[Yas Island]], offering four thrill levels across 43 rides, slides, shows and attractions. It was designed to reflect the UAE’s rich heritage in pearl diving which can be experienced through the story of “The Legend of the Lost Pearl”.  Yas Waterworld Abu Dhabi has earned over 44 awards and accolades including “Middle East’s Leading Water Park” at the 2017, 2018, 2019, 2020, 2021 and 2022 World Travel Awards, and Tripadvisor Traveler’s Choice Award for five consecutive years. <ref>{{Cite web |title=Middle East's Leading Water Park 2022 |url=https://www.worldtravelawards.com/award-middle-easts-leading-water-park-2022 |access-date=2022-11-14 |website=World Travel Awards |language=en-gb}}</ref><ref>{{Cite web |date=2022-07-21 |title=Abu Dhabi’s top attractions win Traveler’s Choice Awards 2022 |url=https://www.gulf-insider.com/abu-dhabis-top-attractions-win-travelers-choice-awards-2022/ |access-date=2022-11-14 |website=Gulf Insider |language=en-US}}</ref>The waterpark is also home to exhilarating experiences and unique shopping and dining offerings.

=== Warner Bros. World™ Abu Dhabi ===
Opened in July 2018, [[Warner Bros. World Abu Dhabi|Warner Bros. World™ Abu Dhabi]] is the world’s first Warner Bros. branded indoor theme park covering a massive 1.65 million square feet. The theme park was officially declared the “World’s Largest Indoor Theme Park” by Guinness World Records.<ref>{{Cite web |last=Mitchell |first=Bea |date=2019-12-17 |title=WB World Abu Dhabi named world's largest indoor theme park by Guinness World Records |url=https://blooloop.com/theme-park/news/warner-bros-world-largest-indoor-theme-park/ |access-date=2022-11-14 |website=Blooloop |language=en-GB}}</ref> Featuring 29 thrilling rides, shows and attractions across 6 immersive lands, the theme park brings to life fan-favourite DC Superheroes such as Superman and Batman alongside beloved animation characters like Bugs Bunny and The Flintstones all under one roof.   The theme park, which was listed in Time Magazine’s “World’s Greatest Places to Visit” in 2018 and was awarded “Middle East’s Leading Tourist Attraction” at the 2019,2020, 2021 and 2022 World Travel Awards is a testament to Miral’s commitment in positioning [[Yas Island]] as a top 10 global destination for leisure and entertainment.

=== CLYMB™ Abu Dhabi ===
[[CLYMB Abu Dhabi]] is a multiple world-record-breaking sports attraction on [[Yas Island]], which opened in November 2019.<ref>{{Cite web |title=Miral’s $100m Clymb sports facility to open in early 2020 |url=https://www.arabianbusiness.com/construction/419224-mirals-100m-clymb-sports-facility-to-open-in-early-2020}}</ref> The attraction provides unique sporting challenges to active lifestyle enthusiasts from around the world. Appealing to expert climbers, skydivers and novices alike, the sporting facility features four walls of varying difficulty, including the world’s tallest artificial indoor climbing wall at 140 feet, and the world’s widest skydiving chamber spanning over 32 feet, allowing guests to mimic a skydiving experience. The sports attraction was awarded “Middle East’s Leading Adventure Tourist Attraction” at the 2020, 2021 and 2022 World Travel Awards. <ref>{{Cite web |date=2020-09-03 |title=Largest skydiving wind tunnel and tallest indoor climbing wall built in UAE |url=https://www.guinnessworldrecords.com/news/commercial/2020/9/largest-skydiving-wind-tunnel-and-tallest-indoor-climbing-wall-built-in-uae-628331 |access-date=2022-11-14 |website=Guinness World Records |language=en-gb}}</ref>

=== Yas Marina ===
Opened in 2009, [https://www.yasmarina.ae/ Yas Marina] is a stylish, fully-serviced 227 berth superyacht marina for yachts between 8m and 175m. Situated in a stunning nautical setting, the Five Gold Anchor marina features iconic views of the W Abu Dhabi Yas Island and [[Yas Marina Circuit]], offering a vibrant dining and entertainment scene with 9 licensed waterside restaurants and bars. Yas Marina also offers fitness and leisure facilities as well as a range of water sport and boat charter activities. Yas Marina is part of Miral’s diverse asset management portfolio, which includes globally-recognised assets across the leisure and entertainment sectors.

=== The Fountains at Yas Mall ===
Since 2014, [https://thefountains.ae/ The Fountains] at Yas Mall features casual dining restaurants and eateries showcasing food from around the world. Ideally located between [[Yas Mall]], [[CLYMB Abu Dhabi]] and [[Ferrari World Abu Dhabi]], The Fountains at Yas Mall offers something for everyone from quick bites to leisurely dining. Diners can choose tables inside or outside on the terrace, with spectacular fountain views.  By day, The Fountains at Yas Mall create the perfect setting for an al fresco dining experience. By night, the setting is transformed with spectacular water and light shows choreographed to popular Arabic and English music. The Fountains at Yas Mall is part of Miral’s diverse asset management portfolio, which includes 90,000 sqm of retail currently in operation.

=== Cipriani ===
Designed by Florentine architect Michele Bonan, [https://ciprianiyasisland.com/ Cipriani Yas Island] is one of Abu Dhabi’s top fine dining Italian restaurants overlooking Yas Marina and the [[Yas Marina Circuit]]. Opened in 2010, the restaurant is renowned for its impeccable quality and attention to detail and offers a menu which celebrates the rich heritage of Italian cuisine, with signature dishes from Harry’s Bar in [[Venice]].

=== Yas Bay ===
Located at the southern end of [[Yas Island]], Yas Bay is Abu Dhabi’s premier waterfront destination where unforgettable experiences are made. Opened in 2021, the AED 12 billion development of which Miral has invested AED 4 billion,<ref>{{Cite web |title=Abu Dhabi’s AED 12bn waterfront destination Yas Bay completes major milestones |url=https://www.arabianbusiness.com/industries/construction/431572-abu-dhabis-aed-12bn-waterfront-destination-yas-bay-completes-major-milestones}}</ref> comprises of three distinct areas, including The Waterfront, Residences at Yas Bay and [[Two Four 54|Yas Creative Hub]], and is expected to attract 15,000 residents and 10,000 professionals to Yas Island. <ref>{{Cite web |title=Yas Bay Waterfront, Abu Dhabi’s newest waterfront destination, to open on 1 December |url=https://www.mediaoffice.abudhabi/en/tourism/yas-bay-waterfront-abu-dhabis-newest-waterfront-destination-to-open-on-1-december/ |access-date=2022-11-14 |website=www.mediaoffice.abudhabi |language=en}}</ref>

The Waterfront has become an epicentre of cultural energy and entertainment in Abu Dhabi with iconic landmarks including the award winning [[Etihad Arena]], Hilton Abu Dhabi Yas Island and Pier71, a hub for waterside dining and nightlife.

=== [[Etihad Arena]] ===
Opened in 2021, the UAE's new landmark of entertainment is the largest multipurpose indoor entertainment arena, purpose-built for versatility and ease of use, multiple configurations are available at the click of a button.<ref>{{Cite web |title=Etihad And Miral Sign Agreement Naming Etihad Arena, The New Entertainment Venue On Yas Island |url=https://miral.ae/news-item/etihad-and-miral-sign-agreement-naming-etihad-arena-the-new-entertainment-venue-on-yas-island/ |access-date=2022-11-14 |website=Miral |language=en-US}}</ref> <ref>{{Cite web |title=Abu Dhabi’s Miral to open 18,000-seater Etihad Arena in April 2020 |url=https://www.constructionweekonline.com/news/262856-abu-dhabis-miral-to-open-18000-seater-etihad-arena-in-april-2020}}</ref>Located on Yas Bay Waterfront, the arena is a 7-minute drive from [[Abu Dhabi International Airport]] and 45 minutes from [[Dubai]], the iconic structure welcomes guests to world-class experiences in an architecturally stunning environment.

With an 18,000-standing capacity, the Arena is built around the 3,565 sqm Main Bowl featuring the region’s largest rigging grid, which can be easily transformed into various configurations thanks to bowl reduction curtains and a customizable rolling stage.

=== The WB, Abu Dhabi ===
Opened in 2021, [[The WB Abu Dhabi|The WB, Abu Dhabi]] is the world’s first Warner Bros. branded hotel, bringing to life the essence of Warner Bros. films, shows, comics and beloved characters.<ref>{{Cite web |last=Skirka |first=Hayley |date=2021-11-12 |title=World’s first Warner Bros hotel opens in Abu Dhabi |url=https://www.thenationalnews.com/travel/hotels/2021/11/12/worlds-first-warner-bros-hotel-opens-in-abu-dhabi/ |access-date=2022-11-14 |website=The National |language=en}}</ref> Located at the heart of [[Yas Island]], the hotel is located adjacent to the award-winning [[Warner Bros. World Abu Dhabi]] theme park and is set to be a major addition to Yas Island’s immersive hospitality and leisure attractions.

The hotel introduces a new international benchmark for hospitality experiences, offering Warner Bros. fans the unique opportunity of staying at a WB themed hotel while visiting the Island’s other award-wining entertainment and leisure attractions. The WB, Abu Dhabi complements Miral’s rapidly growing portfolio of unique entertainment and leisure attractions across Yas Island.

=== Doubletree by Hilton – Yas Island Residences ===
Miral has announced the debut of the first DoubleTree brand in Abu Dhabi, in partnership with [[Hilton Worldwide]]. <ref>{{Cite web |title=Hilton to open world’s first Warner Bros hotel in Abu Dhabi in 2021 |url=https://www.timeoutabudhabi.com/hotels/hotels-news/451839-hilton-to-open-worlds-first-warner-bros-hotel-in-abu-dhabi-in-2021}}</ref><ref>{{Cite web |title=DoubleTree by Hilton Abu Dhabi Yas Island Residences Set to Open to Guests in November |url=https://miral.ae/news-item/doubletree-by-hilton-abu-dhabi-yas-island-residences-set-to-open-to-guests-in-november/ |access-date=2022-11-14 |website=Miral |language=en-US}}</ref>Opened in 2021, DoubleTree by Hilton – Yas Island Residences offers an exclusive range of serviced accommodation on [[Yas Island]] meeting the growing demand from families and business guests for more flexible hospitality options when visiting the destination. Representing an investment value of AED 200 million, the hotel features 156 mixed configuration units and a variety of facilities all within a convenient location in close proximity to the best experiences and attractions on Yas Island.

=== Yas Village ===
Yas Village is a 108,600 sqm phased development designed by Miral to bring high-quality, modern and affordable accommodation to [[Yas Island]]. <ref>{{Cite web |last=Fahy |first=Michael |date=2019-09-08 |title=Miral secures backing for Yas Village scheme |url=https://www.thenationalnews.com/business/property/miral-secures-backing-for-yas-village-scheme-1.907794 |access-date=2022-11-14 |website=The National |language=en}}</ref>The campus-style development bring together residents from different nationalities and cultures, and comprises of 1,750 (1, 2 and 4 person) units, with an ultimate occupancy capacity of up to 5,400 residents. Yas Village includes 9 residential buildings with leisure amenities, sports areas, a running track, a multi-purpose building with a commercial kitchen, dining hall, gyms, fitness studio and retail. <ref>{{Cite web |last=Pradeep |first=Angitha |date=2019-09-15 |title=Miral launches affordable residential project in Yas Island |url=https://meconstructionnews.com/36762/miral-launches-affordable-residential-project-in-yas-island |access-date=2022-11-14 |website=Middle East Construction News |language=en-US}}</ref><ref>{{Cite web |title=Miral announces AED625 million Yas Village development |url=https://wam.ae/en/details/1395302784793}}</ref>

== Portfolio in Abu Dhabi ==

=== A’l Bahar at the Corniche ===
A’l Bahar is a vibrant beachfront community, which opened in 2018. Stretching over half a kilometre along the Abu Dhabi [[Corniche (Abu Dhabi)|Corniche]]. The 80,000-sqm mixed-use development offers a variety of dining, retail, leisure and wellness facilities catering to all aspects of an urban lifestyle. <ref>{{Cite web |last=Campbell |first=Felicity |date=2018-05-01 |title=Al Bahar, the new family-friendly section of the Abu Dhabi Corniche |url=https://www.thenationalnews.com/lifestyle/al-bahar-the-new-family-friendly-section-of-the-abu-dhabi-corniche-1.726309 |access-date=2022-11-14 |website=The National |language=en}}</ref>

=== Qasr Al Watan Experience ===
Housed within the Presidential Palace compound in Abu Dhabi, [[Qasr Al Watan]] is a cultural landmark that offers a unique insight into the UAE’s heritage, traditions and values. The Qasr Al Watan guest experience is designed, developed and managed by Miral. Projected onto the façade of the building every night, visitors can also enjoy the “Palace in Motion” light and sound show offering an enriching and inspiring cultural experience and is a testament to Miral’s commitment to building immersive experiences. The attraction was awarded “The World and Middle East’s Leading Cultural Tourism Attraction” at the World Travel Awards in 2022.<ref>{{Cite web |title=Qasr Al Watan nominee profile on WorldTravelAwards.com |url=https://www.worldtravelawards.com/profile-39536-qasr-al-watan |access-date=2022-11-14 |website=World Travel Awards |language=en-gb}}</ref>

=== Wahat Al Karama ===
[[Wahat Al Karama]] is a 46,000 sqm memorial site that honours those who have given their lives to serve the UAE since its foundation in 1971. Developed by Miral in 2017, the award-winning memorial is made up of 300 tons of steel and 900 aluminium panels, and features a Memorial Plaza, 2,000 sqm Reflective Pool and Pavilion of Honour.<ref>{{Cite web |title=Wahat Al Karama (Oasis of Dignity) - CODAworx |url=https://www.codaworx.com/projects/wahat-al-karama-oasis-of-dignity-miral-cpc/ |access-date=2022-11-14 |website=www.codaworx.com}}</ref> It is a symbol of national unity and pride.<ref>{{Cite web |last=Nowais |first=Shireena Al |date=2018-11-29 |title=Abu Dhabi's war memorial is an 'oasis of dignity' for UAE's heroes |url=https://www.thenationalnews.com/uae/heritage/abu-dhabi-s-war-memorial-is-an-oasis-of-dignity-for-uae-s-heroes-1.796584 |access-date=2022-11-14 |website=The National |language=en}}</ref>

== Upcoming Developments on Yas Island ==

=== SeaWorld® Abu Dhabi ===
Miral and SeaWorld® Parks & Entertainment partnered to develop [[SeaWorld Abu Dhabi|SeaWorld® Abu Dhabi]], a next-generation marine life park built across 183,000sqm featuring a dedicated marine life research, rescue, rehabilitation and return center.<ref>{{Cite web |title=SeaWorld Announces Partnership with Miral to Develop SeaWorld Abu Dhabi |url=https://seaworldentertainment.com/blog/seaworld-abu-dhabi/}}</ref> Scheduled for completion in 2023,<ref>{{Cite web |title=MIRAL ANNOUNCES THE OPENING OF SEAWORLD® ABU DHABI IN 2023 |url=https://miral.ae/news-item/miral-announces-the-opening-of-seaworld-abu-dhabi-in-2023/ |access-date=2022-11-14 |website=Miral |language=en-US}}</ref> the development will become Yas Island’s next mega attraction and first SeaWorld theme park built outside of North America.

Once complete, [[SeaWorld Abu Dhabi|SeaWorld® Abu Dhabi]] will deliver impactful education opportunities, integrating up-close animal experiences and interactive, immersive exhibits as well as feature one of the world’s largest and most progressive indoor aquariums. The marine park is designed around six distinct realms to unify the theme of “One Ocean”, showing the interconnectivity between all life on earth and our oceans; and has purpose-built habitats and ecosystems housing different species together as they are in the wild.

=== The Research Center ===
[[SeaWorld Abu Dhabi|SeaWorld® Abu Dhabi]]  leverages over 50 years of experience in marine research, conservation, and animal welfare.  It will be home to the UAE’s first dedicated marine research, rescue, rehabilitation and return center providing world-class facilities to support regional and global conservation efforts. The new research center will serve as an advanced knowledge hub for researchers, scientists, and marine conservationists to better understand and protect the region’s marine life and ecosystem. The research will include live studies into indigenous Gulf species such as dugongs and sea turtles, while further contributing to the global marine science community.


==References==
==References==

Revision as of 12:13, 14 November 2022

Miral
Company typePrivate
IndustryReal estate
Key people
Mohamed Khalifa Al Mubarak (Chairman)
Mohamed Abdalla Al Zaabi (CEO)
SubsidiariesFarah Experiences
Websitehttps://www.miral.ae/

Miral is a real estate development, management and investment company responsible for the development and management of Yas Island in Abu Dhabi.[1] In addition, the company owns and operates Warner Bros. World Abu Dhabi, Ferrari World and Yas Waterworld as well as the upcoming SeaWorld Abu Dhabi, all through its wholly owned subsidiary Farah Experiences.

References

  1. ^ "Miral building Dh6.2bn worth of projects on Yas Island, CEO says".