Since when is showing one's knees or shoulders considered a lot of skin? That's ridiculous, medieval thinking. If they want to force their women to be covered from head to toe then that's their issue, but to expect to force tourists to do so in a country where the temperatures easily hit 40 degrees is absurd and irrational. For theme parks, it's just too hot, the parks would either have to be entirely indoors or shut down for six months of the year.
As for the country having it all, I've been to Dubai and besides the shopping malls and some interesting architecture, it really doesn't offer much. There are no theme parks or shows or attractions. The beaches are boring with no surf. There is no sense of Arab or Islamic history or culture at all (go to Egypt or Jordan or Oman for that). It's just mindless, modern consumerism. There is no nature either except for dust, sand and dirt. I appreciate that they are attempting to diversify their economy away from oil, but their perceived religious and cultural restrictions will kill their nascent tourist industry. Note that majority-Muslim Malaysia imposes none of these draconian restrictions that are imposed in the Arabian Gulf, and still maintain a family atmosphere in their tourism and country. The UAE should put their money into something else besides tourism, they're throwing their money away into a black hole that won't work (imagine what kind of artwork will be allowed in the Abu Dhabi Guggenheim? Nothing will be religiously permissible, and many artists are boycotting it already due to labor issues in the UAE).
Dubailand is going nowhere and should be removed from this construction board.