Disney will build its seventh theme park, this one in the United Arab Emirates, the entertainment company said Wednesday.

The waterfront resort will be built on Yas Island on the outskirts of Abu Dhabi, already home to Formula One’s Abu Dhabi Grand Prix, the Ferrari and Warner Bros. amusement parks, SeaWorld and a waterpark.

Abu Dhabi is the capital of the United Arab Emirates, a federation of seven sheikhdoms on the Arabian Peninsula. Home to 9 million people, it has leveraged its long-haul carriers Emirates and Etihad Airways to bring in more tourists over the years. A real-estate boom and the city’s highest-ever tourism numbers have made Dubai a destination as well as a layover.

Disney and Miral, the Abu Dhabi developer overseeing the project, hope to capitalize on the 120 million airline passengers that travel through Abu Dhabi and Dubai each year.

A projected opening date has not been announced.