- It was built for the celebration of the Universiade Palma de Mallorca 1999. It replaced the old Lluís Sitjar stadium, which had been the RCD Mallorca stage since 1945.
- The first official League match was played on August 21, 1999 with the clash between RCD Mallorca and Real Madrid with a 1-2 win for whites.
- The first goal in the history of the club "bermellón" in their new stadium was scored by striker Carlitos.
- It was the arena of the team's debut in the UEFA Champions League, in which faced Arsenal, Schalke 04 and Panathinaikos in the group stage.
The Spanish national team has played three official matches at the Iberostar Stadium. The most recent was against Belarus on 11 October 2013.
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