Overview
- Disney and Miral Group have formalized their agreement for the fully indoor Yas Island park, with Miral funding and operating the resort under Disney's IP license and creative oversight.
- The park will blend Disney storytelling with Emirati culture, utilizing advanced technology and contemporary architecture to create immersive experiences.
- Located on Yas Island, the park will serve as a strategic hub, within a four-hour flight of one-third of the world's population and near the UAE's major airline hub.
- Construction is expected to take approximately five years, with the park's opening projected for the early 2030s as design and development work begins.
- The announcement has driven a 13% rise in Disney's stock price, with analysts raising share price targets to between $120 and $125.