Universal Studios Dubailand
is a proposed Universal
theme park located in Dubai
, United Arab Emirates
. It is to be located within Dubailand
, an entertainment mega-complex. The project broke ground in July 2008 but was put on hold shortly thereafter, and as of mid-2011, no work has taken place on the project since early 2009.
Universal Studios Dubailand was a joint venture costing over 8 billion dirhams ($2.2 billion US) between Universal Studios and Tatweer
, a subsidiary of Dubai Holdings
. The theme park was announced on April 30, 2007 with a theme park plan that expected to attract 5 million visitors annually and was scheduled to be complete in 2010.
The project broke ground July 27, 2008., but the global financial crisis of 2008-2009
prompted the developers to announce that they will delay further development, and push back opening until at least the first quarter of 2012. However, no work has carried out on the project since at least early 2009. As of mid-2011, the only public evidence of the project is a gate bearing the Universal Studios local next to the Dubai Outlet Mall.
The identity of the Dubai joint venture partner is also not clear as Tatweer was dissolved in mid-2010 with most of its assets merged into TECOM or other members of Dubai Holdings.
In April of 2011 Universal was once again in talks with Dubai officals about finishing the Universal park. As of April 2011 there is still no word of when the... Read More