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 park will be owned and operated by Miral, with Disney Imagineers designing the IP-laden resort. Disney Experiences chairman Josh D'Amaro breaks down the deal with THR.