Second Las Vegas-Style Sphere To Cost $1.7 Billion
Summary
Abu Dhabi will build a $1.7 billion entertainment venue called the Sphere, similar to the one in Las Vegas, featuring 360-degree screens and immersive experiences. The venue aims to attract visitors with concerts, sports, and cultural events and is part of Abu Dhabi’s plan to boost tourism and diversify its economy.Key Facts
- The Abu Dhabi Sphere will cost $1.7 billion and open by the end of 2029 on Yas Island.
- It will have a capacity of up to 20,000 people and offer immersive shows and events.
- The project is a partnership between Sphere Entertainment and Abu Dhabi’s Department of Culture and Tourism.
- Abu Dhabi chose the Sphere to support its goal of growing tourism and cultural offerings.
- Yas Island currently hosts major attractions like Formula 1 races and theme parks.
- Sphere Entertainment uses a franchise model where Abu Dhabi funds construction and pays for technology and branding.
- The Las Vegas Sphere, opened in 2023, has generated increasing revenue, with $386.4 million in Q1 2026.
- The Las Vegas Sphere cost about $2.3 billion to build and hosts popular shows like the “Wizard of Oz” experience and concerts.
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