Dubailand
Unbuilt entertainment complex in Dubai / From Wikipedia, the free encyclopedia
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Dubailand was an entertainment complex planned to be built in Dubai, United Arab Emirates, which was owned by Tatweer (which belongs to Dubai Holding). When announced in 2003 it was one of the most ambitious leisure developments ever proposed anywhere in the world costing $64.3 billion,[1] but development has been severely impacted by global recession and Dubai's financial crisis. The development was put on hold in 2008, due to the global financial meltdown of 2007-2008, but resumed in mid-2013. Updates in 2013 showed that $55 billion had been raised towards the works.
Some projects were cancelled, although Dubailand has since become the name of an entertainment district in Dubai where some of the planned projects for the Dubailand complex have opened. Other projects are being built and are planned to open in 2025.[2]