Join our Waitlist for Expert Advice!

Six Flags Dubai Begins Second Phase Of Construction Adding its name to the theme parks that will be opening soon under the Dubai Parks and Resorts development is Six Flags, the world's largest amusement park corporation- and Six Flags Dubai has already started its phase two of construction on its Dubai edition.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Shutterstock
Texas Star, the largest ferris wheel in North America, rises above the horizon at Fair Park in Dallas, Texas.

Adding its name to the theme parks that will be opening soon under the Dubai Parks and Resorts development is Six Flags, the world's largest amusement park corporation- and Six Flags Dubai has already started its phase two of construction on its Dubai edition. Scheduled to open in 2019, Six Flags Dubai will be spread across 3.5 million square feet, estimated to cost at AED2.6 billion. It will include 27 rides in six themed zones: Thrillseeker Plaza, Magic Mountain, Fiesta Texas, Great Escape, Great Adventure and Great America.

Earlier this year, via debt and equity funding, Dubai Parks and Resorts secured AED1.68 billion of funding raised through the Rights issue, with AED993 million of that raised through debt financing from Abu Dhabi Commercial Bank, Dubai Islamic Bank, and Sharjah Islamic Bank (Zawya).

Related: Dubai Islamic Bank CEO Dr. Adnan Chilwan Discusses 'Treps Opting For Faith-Based Finance

Six Flags rendering
Source: Dubai Parks and Resorts

Six Flags Dubai will be situated alongside other destinations of Dubai Parks and Resorts: motiongate Dubai, featuring characters from DreamWorks Animation, Sony Pictures Studios and Lionsgate; Bollywood Parks Dubai dedicated to showcasing "authentic Bollywood experiences;" and LEGOLAND Dubai and LEGOLAND Water Park, which will bring the LEGO brand to the Middle East through its interactive theme park and water park for families and children.

The entire theme park destination will be linked together by Riverland Dubai, a retail, dining and entertainment walkway at the destination, as well as Lapital Hotel, a Polynesian-themed resort that will be managed by Marriott. And with the planned Warner Bros. World in Yas Island Abu Dhabi too (which will feature characters under the DC Entertainment umbrella, among others), it looks to be theme parks all around in the UAE. Get ready to queue up!

Related: Warner Bros. Theme Park Under Construction In Abu Dhabi

Starting a Business

The Scientific Method for Entrepreneurs: 6 Steps to Long-Term Success

Here's how to use the scientific method to achieve success as an entrepreneur.

Business News

Meta Fires Employee Making $400,000 Per Year Over a $25 Meal Voucher Issue

Other staff members were fired for the same reason, per a new report.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Starting a Business

50 Steps Every Entrepreneur Must Take to Build a Business

Inspiration, passion and a cash-flow plan are startup essentials.

Starting a Business

UAE-Based Tech Startup Alfii Launches With A Private Beta Program Aimed At Solving HR Issues For Small Businesses

By adopting a human approach to its operations, Alfii is on a mission to negate the many mundane and repetitive tasks that largely contribute to the inefficiencies of HR teams across the region.

Growing a Business

10 Tips to Negotiate Like a Boss

Learn the secrets, and close the deal.