Meraas launches Dubai Adventure Studios

• Investment of AED2.2 Billion planned for the development of the movie-based theme park

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 projectis scheduled to begin in early 2012 and completedtowards 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’sgrowing 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 centrestage at the Meraas stand in the 2012 Arabian Travel Market Exhibition (ATM) that will be held from 30 April – 3 Mayat 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.