The 22 million sq ft (2 million sq m) complex – set within the existing mixed-use Dubailand resort – will comprise 4,000 hotel rooms, 100 restaurants and retail outlets.

The centre of the new development will feature a 6.5 million sq ft (604,000sq m) Universal Studios Dubailand theme park, comprising a Hollywood zone, Metropolis zone and Adventure zone.

Saeed Al Muntafiq, executive chair of Tatweer, said: “There is no doubt that the new project will contribute to highlighting Dubai as a global tourist destination, providing the tourism sector – one of Dubai’s most active sectors – with a strong drive to further diversify the economy.”

Universal Studios currently feature in Los Angeles and Orlando, US, and Tokyo, Japan.

Photograph: Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and chair of Dubai Executive Council, His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum at the launch

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