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Dubai Property OPL
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Thursday November 20th, 2008

DreamWorks to set up theme park in Dubai

Dubai Property OPL | Latest Pre-Launch
Dubai-owned real estate company Tatweer has teamed up with US production company DreamWorks Animation SKG is to develop tourism and leisure projects in the emirate, including a branded theme park, the company announced on Sunday.

Tatweer said the 46.5-hectare DreamWorks Animation theme park would be located in Dubailand, billed as the biggest tourism, leisure and entertainment complex in the world.

Tatweer did not say how much the theme park would cost other than it was a "multi-billion dirham investment".

It said the two companies would also work together to develop Dreamworks Animation themed restaurants, hotels and retail outlets in the region.

DreamWorks Animation is just the latest US studio to announce a tie-up the region.

Warner Bros Entertainment said in September it would set up a film and video game production firm with Abu Dhabi-based Aldar Properties and Abu Dhabi Media Company, as well as developing a theme park, hotel and cinemas in the emirate.

And in May Tatweer announced it would build a Universal Studios theme park in Dubailand as part of a multi-use Universal City development at a cost of 8 billion dirhams ($2.2 billion).

Tatweer, part of conglomerate Dubai Holding, is the owner and lead developer of Dubailand, a 279-square kilometer leisure and tourism project that includes developments such as Dubai Sports City, Motor City, Falcon City and Dubai Heritage Vision.

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Jumeirah Village

A World Class Living in Dubai Dubai Property OPL | News
Lying at the heart of Dubai's most desirable district, and set amid luscious landscaped surroundings, Jumeirah Village promises every amenity required for true world class living.

A collection of more than 2,000 spacious villas and townhouses built in classic Arabian and Mediterranean styles, Jumeirah Village will provide for a real sense of community living - international schools, town and country clubs, and community centres offer everything required for a self-sustained lifestyle. [Read More]

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