Dubai ruler and UAE prime minister Sheikh Mohammed has approved the development of a $2.7bn leisure and entertainment complex in Jebel Ali.
The development is to comprise five separate theme parks based on movies, animals and characters.
The first phase of the project, the $600m Dubai Adventure Studios, was announced by master developer Meraas Holdings in December 2011.
It will serve as the anchor for the development and will host a number of Hollywood brands, according to news agency WAM.
Another of the parks, Bollywood Parks, will be based on the appeal of Indian Cinema and will contain a large theatre that will host musical shows.
A water and marine life park with rides and attractions will also be built, alongside a children’s’ theme park and a night safari.
The first component of the park is set to be built by the end of 2014.
Chairman of Meraas Holding, Abdulla Ahmed Mohammed Al Habbai, said: “Meraas has been working with several industry experts to bring together a powerful mix of components that fulfill the need for a pure entertainment-based destination.
“The new initiative comes in response to Dubai’s status as a top global touristic destination which will contribute to the growth of the economy. With work on critical infrastructure including transport links gaining speed in the emirates, Dubai’s projections for the tourism sector are optimistic and well-founded.
“We expect the comprehensive offering to set a new benchmark within the leisure and entertainment industry and offer tourists one more reason to visit Dubai.”
Dubai-based Meraas has said the development will contain a number of rides and attractions that will be the first of their kind, as well as themed hotels and innovative food offerings.
On Saturday, a new multi-billion project, Mohammeed bin Rashid City, was unveiled, which will also contain a Universal theme park and the world’s biggest shopping centre. It is set to be built in an area between Emirates Road, Al Khail Road and Shaikh Zayed Road, and will include Mohammad bin Rashid Gardens Project.