Twice the size of Disneyland, construction of sci-fi theme park in Dubai commences
Construction work has moved forward on the site of the theme park planned at Dubai City of Arabia development, with the first amusement rides set to be shipped to the UAE later this year.
The erecting of the mega space frame at IMG Worlds of Adventure, the themed entertainment development being developed by Ilyas & Mustafa Galadari Group and situated within City of Arabia is underway at the site alongside on Sheikh Mohammad Bin Zayed Road.
In addition to the external structure works, the various rides to be incorporated into the project are being manufacturing at various sites and are expected to be shipped to the UAE later this year.
IMG Worlds of Adventure will include four zones themed around various attractions. In June 2012, it was announced Marvel Entertainment, the creator of popular comic book heroes X-Men and The Avengers, was to lend its name to one of the zones, which will feature retail outlets, dining facilities and interactive entertainment.
An additional zone will be themed around the Cartoon Network, which owns intellectual property to children’s series Ben10, and The Lost Valley, which will be the first of its kind in the theme park industry and will include animatronic dinosaurs and rollercoaster rides.
“With the structural columns in place, we have entered a new phase of development. IMG Worlds of Adventure is one of the most anticipated developments in the region offering a number of world firsts which will position Dubai and the UAE on the global map as a themed entertainment capital,” a spokesperson from Ilyas & Mustafa Galadari Group said.
Developers estimate the attraction will bring in up to 20,000 visitors per day.
Alexander Page, vice president – marketing, Ilyas & Mustafa Galadari Group (IMG), said in May construction was on track for an opening date in early 2014.
IMG has not revealed the cost of the development, but in May 2012 lenders Al Hilal Bank and Mashreq said they had closed a shari’ah fund facility to help finance the theme park.
The $5bn City of Arabia project, which will become home for 40,000 people, will be a self-contained urban community, with business and administrative offices, schools and clinics, supported by luxury apartments, shops, galleries, restaurants and attractions.
Originally launched in 2005, it was slated to be completed by 2010 but was put on hold when the impact of the global economic crisis hit Dubai's real estate and construction industries.
- Al Bustan Centre & Residence wraps up a successful participation in ATM 2015
- The reality of realty: inbound property investments in GCC 'far less' than outbound
- Dubai's hospitality sector is a sound investment
- Quiet and wise: How Oman is transforming itself into a major logistics hub
- Revealed: the top real estate tycoons in the ME
- DPG Awards construction contract for phase one of Mudon Residential Community to Shapoorji Pallonji Mideast
- Ilyas & Mustafa Galadari Group raise islamic facilities from Mashreq & Al Hilal Bank
- US$9 billion to be invested in Dubailand
- Saudi Al-Hakeer group opens new amusement park
- Initial groundworks completed at DAMAC Properties first Dubailand project