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Universal, Tatweer park Dubailand

Duo to launch new theme park

Dubai just keeps getting bigger. Execs from the United Arab Emirates-based Tatweer have launched the $2 billion Universal City Dubailand in partnership with Universal Parks & Resorts.

The 505-acre development will include a 149-acre Universal theme park along with more than 4,000 hotel rooms, 100 restaurants and a range of retail outlets.

The theme park will be Universal’s fourth, after existing parks in Los Angeles, Orlando and Tokyo. Rides will center on the likes of “Jurassic Park” and “King Kong,” with Steven Spielberg acting as creative consultant. Park is due to open in 2010. Majority of park will be indoors, given Dubai’s soaring temperatures.

Universal Parks & Resorts chief executive Thomas L. Williams unveiled a model of the park in the presence of Crown Prince Sheikh Hamdan al Maktoum, son of Dubai ruler Sheikh Mohammed al Maktoum. Al Maktoum Sr. owns Tatweer through his Dubai Holding investment company.

Launch of Universal City Dubailand comes only days after the announcement of a $1 billion Marvel theme park, set to open in Dubai in 2011.

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