Aldar is taking Yas Island to Asia

While Yas will be the hallmark of Aldar's participation in ITB, Abu Dhabi's leading property development, investment and management company will also use the high profile event to highlight its diverse portfolio of developments that are aimed at promoting the capital of the United Arab Emirates as an investment magnet and a tourist destination.

As Abu Dhabi stands poised for hosting the F1 Etihad Airways Abu Dhabi Grand Prix in November 2009, progress on the Yas Circuit which will be the play ground for the highly anticipated event should be of particular interest to the visitors of the show, being held at the Suntec Singapore International Convention & Exhibition Centre from 22nd-24th of October.

Special focus will also be given to Yas Island's other attractions including Ferrari World Abu Dhabi, destined to become the world's largest indoor theme park when it opens in 2009, the Warner Bros. Theme Park, and the water park.

In addition, Aldar's plans to transform Abu Dhabi into a world-class yachting destination will be highlighted during the three-day event. The newly introduced entity, Aldar Marinas, will provide a broad range of leisure marine facilities and services that constitute an integral part of Aldar's waterfront developments. The first marinas to become operational are located on Aldar's premier Yas Island and Al Raha Beach projects. Each marina will have its own identity and will provide state-or-the-art facilities for the yachting community from entry level boating to destination yachting.

"ITB is a great opportunity to showcase what this luxury leisure destination has to offer. Aside from its leisure attractions, Yas will also feature schools, hospitals, luxury residences, and a significant retail facility,"

commented John Bullough, CEO, Aldar Properties.

He added: "The Ferrari branded theme park is taking shape and is progressing for its anticipated opening in early 2010. The racetrack on Yas Island which will welcome the F1™ Etihad Airways Abu Dhabi Grand Prix in 2009 is also firmly on schedule. The diverse package of developments being created at Yas will contribute substantially to the attainment of Abu Dhabi's aspiration to become a tourist epicentre. "

The Yas Island development covers an area of 2500 hectares and is set to become a cornerstone of Abu Dhabi's fast growing tourism industry. In addition to the Yas Marina racing circuit, the development will include Ferrari World Abu Dhabi, a Warner Bros. Theme Park, five-star and boutique hotels, a water park, over 300,000 square meters of retail space, a links golf course, several marinas, restaurants, various entertainment facilities and luxurious residential property.