{"id":55615,"date":"2017-05-22T21:50:26","date_gmt":"2017-05-22T14:50:26","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=55615"},"modified":"2017-05-22T20:02:52","modified_gmt":"2017-05-22T13:02:52","slug":"aldar-to-build-twofour54s-yas-home","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-to-build-twofour54s-yas-home\/","title":{"rendered":"Aldar to build twofour54's Yas home"},"content":{"rendered":"


\nThe media and entertainment free zone twofour54 in Abu Dhabi said it has appointed Aldar Properties, the emirate’s biggest listed developer, to build its new home on Yas Island.The project is part of a Dh12 billion development of the southern part of Yas Island by the master developer Miral Asset Management.The first phase of the new free zone will cost Dh1bn and will be based on the build-operate-transfer (BOT) model, twofour54 said.
\n“This supports the Abu Dhabi vision of a public-private partnership by capitalising on Aldar’s private sector expertise and equity to develop strategic projects and attract foreign direct investment to the emirate,” twofour54 said.The new free zone, which is targeting 10,000 media professionals, will be spread across an initial gross floor area of 95,000 square metres, with a view to increasing this to more than 300,000 sq metres in the future.
\nThe new development will include offices, TV studios and retail outlets.Twofour54, which was set up in 2008, is currently home to more than 450 Arabic and international media and entertainment companies including Sky News Arabia, Image Nation, Ubisoft, CNN, Fox, Flash Entertainment, M&C Saatchi and Flat6labs. The free zone is operated under the ownership of Media Zone Authority – Abu Dhabi, a government body.
\nA new pier, arena and waterfront promenade with residential complexes and restaurants are part of the Dh12bn development of a 14 million sq foot area on Yas, which is already home to the Yas Marina Circuit, Yas Waterworld and Yas Mall.Mohamed Al Mubarak, Miral’s chairman, has said the development plan was an important phase in its aim to attract 48 million visitors a year to Yas Island by 2022.Other projects such as Warner Brothers World Abu Dhabi and Clymb, a climbing wall and skydiving chamber, are expected to open next year, while SeaWorld Abu Dhabi – the first outside the United States – is scheduled to open in 2022.
\ndalsaadi@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Aldar to build twofour54’s Yas home<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The media and entertainment free zone twofour54 in Abu Dhabi said it has appointed Aldar...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-55615","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-et1","jetpack-related-posts":[{"id":130143,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabis-twofour54-launches-community-hub-to-empower-creatives-and-startups\/","url_meta":{"origin":55615,"position":0},"title":"Abu Dhabi\u2019s twofour54 launches community hub to empower creatives and startups","date":"September 30, 2022","format":false,"excerpt":"\r The hub, located at the heart of Yas Creative Hub, will be the first purpose-built development for media, entertainment and gaming in the region\r \r Source : arabianbusiness.com\r Read more...Abu Dhabi\u2019s twofour54 launches community hub to empower creatives and startups","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/09\/twoFour54-community-hub-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":87975,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabi-media-hub-to-get-satellite-uplink-in-deal-with-arabsat\/","url_meta":{"origin":55615,"position":1},"title":"Abu Dhabi media hub to get satellite uplink in deal with Arabsat","date":"May 10, 2018","format":false,"excerpt":"\r twofour54 partners and broadcasters across the region will have the ability to distribute content to a huge audience directly from the free zone\r \r Source : arabianbusiness.com\r Read more...Abu Dhabi media hub to get satellite uplink in deal with Arabsat","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48854,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabi-developer-aldar-sets-sights-on-yas-and-reem-projects\/","url_meta":{"origin":55615,"position":2},"title":"Abu Dhabi developer Aldar sets sights on Yas and Reem projects","date":"March 21, 2017","format":false,"excerpt":"\r Aldar Properties expects to invest Dh1.9 billion in developing four new projects on Reem Island and Yas Island in Abu Dhabi as part of the company's plans to boost its recurring revenue. Abu Dhabi's largest listed property developer said on Monday in a statement it plans to build a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10418,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabi-developer-aldar-to-build-1315-villas-on-yas-island\/","url_meta":{"origin":55615,"position":3},"title":"Abu Dhabi developer Aldar to build 1,315 villas on Yas Island","date":"April 11, 2016","format":false,"excerpt":"\r \r Abu Dhabi's largest property developer has announced plans to build more than 1,000 villas on Yas Island.Aldar Properties unveiled plans for Yas Acres, a Dh6 billion project of 1,315 new villas which it plans to build on the northern shores of Yas Island alongside a golf course, club\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51701,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-closes-in-on-early-completion-of-abu-dhabi-projects\/","url_meta":{"origin":55615,"position":4},"title":"Aldar closes in on early completion of Abu Dhabi projects","date":"April 12, 2017","format":false,"excerpt":"\r Aldar Properties has said that it is nearing completion on two of its new Abu Dhabi housing projects ahead of planned hand\u00adovers in this autumn.The developer said in that it was on track to hand over its Ansam project on Yas Island and Hadeel on Raha Beach in September.The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40902,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-property-projects-in-abu-dhabi-move-closer-to-2017-completion\/","url_meta":{"origin":55615,"position":5},"title":"Aldar property projects in Abu Dhabi move closer to 2017 completion","date":"January 17, 2017","format":false,"excerpt":"\r Two new luxury projects by Aldar Properties in Abu Dhabi are on track for completion this year, the developer said.It said steady progress was being made across all of its projects, with Yas Island's Ansam and Al Raha Beach's Al Hadeel moving closer towards completion and handover this year.Al\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/55615"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=55615"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/55615\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=55615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=55615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=55615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}