Could a Disney vacation in Abu Dhabi be a bargain compared with the American equivalent? Travelers may think of the Middle Eastern destination as a place of unbridled luxury, replete with Michelin-starred restaurants and hotels whose rates can run as high as $1 million per week.

The Walt Disney Company and Miral, an Abu Dhabi-based leisure and entertainment company, have announced an agreement to create a Disney theme park | The waterfront resort, to be developed by Abu Dhabi-based company Miral,

Yas Island, Abu Dhabi, home of Disney's newest planned theme park, has boomed over two decades into one of the biggest consumer economic engines in the world.