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Tue 13 Aug 2013 02:03 PM

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Construction work starts on Dubai theme park

First rides to be shipped to the UAE later this year for Dubai City of Arabia development

Construction work starts on Dubai theme park
Ilyas & Mustafa Galadari Group have announced the next partnership for the IMG Theme Park, called ‘The Lost Valley’

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 said the park will be in excess
of1.5 million square feet, and is designed to welcome in excess of 20,000 guests a

Adam Alexander Page, vice president – group 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.

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Bernard M.A. Doff 6 years ago

How much credibility can be granted to this announcement, given the developer's abject track record?

Anonymous 6 years ago

Are you blind? You can see the progress from the road.

annoyed investor CoA 6 years ago

I want to know what's happening to my property which has still not been built and is being replaced by a theme park! No word from IMG on that one! Probably funding the billboards which will no doubt be seen all round Dubai soon. Construction of this theme park is good news and progress is being made but what about the poor idiots that poured thousands into city of arabia only to be robbed of our money without anything to show for it.

John Johnson 6 years ago

IMG turning the original masterplan into a turist intertainment park.
Ongoing construction of this theme park positive.

Mani 6 years ago

I have invested in a number of commercial units in one of the towers in City of Arabia. The developer does not take any of my calls and is ignorant to the fact that I have invested my life savings in this project.

I believe the ruler of Dubai stated that no investor will loose their in investing in property in Dubai.

I will not let this rest . I want my money back.

Tashfeen 5 years ago

Actually we have lost sight... since it has taken the progress more than 10 years to be seen...
I believe you and the people at the galadari group are deaf and blind, insensitive and careless, and utterly unprofessional, that they donot respond to the people who first put thier trust to this losing cause.
Honesty is the least one expects in such cases.

Siobhan 5 years ago

I am furious my property was never built.My money taken by the developer spent some and the rest stuck in an escrow accout which i can not seem to get it out of.
The money has been there sone 2007 and nobody in Dubai seems to want to pay people back their money.It is appaling.