Escape To Sea, Sand & Scenic Sunsets In The Uae Capital For A Relaxing Holiday! Wonderful Attractions. Diverse Destination. Luxurious 5 Star Resorts. Lush Green Oases. Activities & Experiences. Bustling Shopping Malls. Sandy Beaches. Variety Of Locations. Yas Island is an island in Abu Dhabi, United Arab Emirates. The island’s development project was initiated in 2006 by Abu Dhabi-based Aldar Properties, with the aim of turning the island into a multi-purpose leisure, shopping and entertainment center at an estimated total cost of over billion and includes the Formula 1 grand prix circuit and Ferrari World.