The first phase is scheduled to open in 2018 and will include a Warner Bros branded hotel on Abu Dhabi's Yas Island, which is currently home to a Formula 1 race track, Ferrari World amusement park and waterpark.
The project's developer is Abu Dhabi's Miral Asset Management. The project was joint announced Tuesday by Warner Bros and Miral.
Dubai has plans for a USD 3 billion theme park with a Six Flags, a Bollywood-themed amusement area and Legoland.