IMG Worlds of Legends
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To my understanding, I think they have cancelled it because I haven't seen any news about the theme park. Who knows, they might have halted construction, just like 20th Century Fox World Dubai.

Friends of mine have worked at IMG Worlds of Adventure. They told me that on a usual working day, even prior to all this coronavirus mess, the number of employees regularly exceeded the number of visitors. Chances that the second park will turn into reality on that empty parking lot (take a close look at the satellite pic) are absolutely zero.

Q1 2020 aerial imagery:

Any update on this park? It's been a year. Is it happening or not? Personally, I think it's not happening.

Here in Dubai, IMG Worlds has its sights set on its second park, set to open sometime around 2020.

IMG World of Legends is expected to exceed two million square feet in size, a third bigger than the 450,000-square-metre IMG Worlds of Adventures, already the world’s largest indoor theme park.

The new property, which will be linked via a sky bridge to IMG World’s original park, is also expected to feature a retractable roof.

“We’d still like to open in 2020,” said Otto, adding that he did not want to reveal any specifics about the cost of the project until the company was sure. “We’re still in the design phase, and that’ll hopefully be done by the end of year. We’ve been working behind the scenes on that,” he said.

Schedules, timelines, costs and plans for financing would be released at the same time, once the design phase was completed, Otto added.

Source: http://gulfnews.com/business/sectors/tourism/img-targets-theme-parks-in-russia-and-china-1.2081522

Last month when someone on twitter asked if the park was still happening, this was their response:

'Yes of course! We will be providing more info when we have any further updates on this '

The park isn't in limbo, its going to happen, its just in its design phase.

A Document Controller on LinkedIn working for 'Jouzy Consulting Engineers' just wrote:

Jouzy|Axianta is currently designing the infrastructure, the project includes design roads, parking, stormwater, sewerage, potable water (DEWA), irrigation system, telecom/ communications, electrical duct road-crossings, street-lighting and roads landscape.

Centrally located within City of Arabia, on Sheikh Mohammed Bin Zayed Road (formerly Emirates Road), IMG Worlds of Adventure is the first integrated entertainment destination in the Middle East and the only private themed entertainment facility in the entire Asian continent to feature attractions.

IMG Worlds of Legends appears to be alive... as of now...

I don't know if this project was on hold, but IMG boss has said in this project.

Our numbers have been healthy; hence we’re looking at a second phase adjacent to this - IMG World of Legends - slightly larger than the existing park. We don’t have an exact opening date yet.

Source: https://www.thenational.ae/business/day-in-the-life-img-worlds-of-adventure-boss-has-little-time-for-sleep-1.1457

I know the owners of this place, the rumors will stay rumors . This place will be improved and the expansion will happen

Is it a personal asumption, or you have any internal insight?