The $1-billion Dubai theme park is being constructed by UnitedArab Emirates-based AAG and will be the only global theme park inthe central area of the Emirates. The park is currently underconstruction and is expected to open in 2011.

"We are launching a long-term relationship with the Al AhliGroup to bring the Marvel Universe to Dubai with this exciting newtheme park development," says David Maisel, chairman of MarvelStudios and a member of the Office of the Chief Executive of MarvelEntertainment, in a statement. "Al Ahli Group has both animpressive team of theme park, entertainment and hospitalityexecutives and the financial strength to leverage that expertiseinto a world-class destination resort experience unparalleled inthe region."

To bring together Marvel's Super Heroes, which includeSpider-Man, Iron Man, the X-Men, the Incredible Hulk and theFantastic Four, a creative team, located in Hollywood, Orlando andDubai will coordinate throughout the next four years to come upwith new technology to make the park an "unparalleled visitorexperience."