Investment of AED2.2 Billion Earmarked for Development of
Movie-Based Theme Park
Dubai-UAE: 20 December, 2011 – Meraas, a Dubai-based real estate company,
today announced the launch of Dubai Adventure Studios, a movie-based theme
park that will be located at its master development in close proximity to the Arabian
Ranches intersection.
Dubai Adventure Studios will form Phase-1 of a three-phase project spread across
eight million sq. feet. Hosting major US-based movie IPs, the two million sq. feet
park will be developed with an estimated investment of AED2.2 billion. Work on the
project is scheduled to begin in early 2012 and completed towards the end of 2014.
The movie-based theme park will comprise five zones featuring the latest-in-
technology games and new-generation rides, in addition to hospitality and F&B
zones to shape an all-inclusive entertainment destination that meets visitors’ needs.
Sina Al Kazim, Chief Business Development Officer, Meraas Holding, said: “Meraas
recognizes the need for a theme park in Dubai that will complement the UAE’s
growing popularity as a tourism hub. Dubai Adventure Studios will offer a truly unique
experience that will set a distinctive benchmark in the evolution of the theme park
industry.”
Dubai Adventure Studios will take centre stage at the Meraas stand in the 2012
Arabian Travel Market Exhibition (ATM) that will be held from 30 April - 3 May at the
Dubai International Convention and Exhibition Center.
Meraas is a Dubai-based real estate company with operations and assets in the
UAE and overseas. It operates with a mission to create integrated master-planned
communities that embody global standards of sustainability and quality.
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