Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DUBAI-The three-billion-sf Dubailand development has secured another entertainment tenant: Six Flags. The amusement park giant has agreed to open its first park outside of North America in Dubai. The five-million-sf Six Flags Dubailand will be the first of a chain of Six Flags parks slated for development in the Arab world. Company officials have not release the financial terms of the deal.

Six Flags has forged an agreement with Tatweer, Dubailand’s developer, to create the theme park. In addition, Tatweer and Six Flags Dubailand also have agreed to create new concepts across the region, such as Six Flags theme parks, branded restaurants, hotels and retail outlets.

Dubailand has already inked deals with other theme parks and entertainment companies. It will include Universal Studios Dubailand, the Tiger Woods Dubai golf complex, and DreamWorks Animation Park–a five-million-sf theme park, which alone is projected to be twice the size of Florida’s Walt Disney World.

Like its North American parks, Six Flags Dubailand will feature thrill rides and adventure attractions. It will also show case the children’s musical group, the Wiggles, and professional skateboarder Tony Hawk. Groundbreaking is expected in 2009.

“The new alliance with yet another global leisure and entertainment leader such as Six Flags consolidates Tatweer’s commitment to becoming a leading global tourism, leisure and entertainment investor, and a key contributor to the tourism objectives of Dubai Strategic Plan 2015,” says Saeed Al Muntafiq, executive chairman of Tatweer. “The addition of Six Flags, one of the world’s most reputed leisure and entertainment companies, to our burgeoning portfolio complements Dubailand’s value proposition as an unrivalled tourism destination.”

Mark Shapiro, president and CEO of Six Flags, says, “Expanding Six Flags beyond our current North American borders validates the growing strength and momentum of our brand. Through this partnership with Tatweer, we now have the opportunity to create a world-class theme park destination that will allow guests from around the globe to experience Six Flags’ unique combination of thrills and entertainment.” Six Flags currently operates 21 parks in the US, Mexico and Canada.

Dubai is planning a wide range of attractions in an effort to draw 15 million tourists to the country annually. Dubailand will also include Dubai Sports City, Motor City, Falcon City, Dubai Heritage Vision, and Al Barari, which are under development. The Polo and Equestrian Club and City of Arabia are currently in the initial stages of development. Dubailand will also include residential units, shopping malls and 55 hotels.

Tatweer is a member of Dubai Holding. In addition to tourism and real estate development, it is involved in energy, healthcare and industry.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.