Of course, as pointed out in this Empire article, the idea is not for a general Bollywood-themed park. It's specifically related to the films of Yash Raj Entertainment. So, unfortunately, no Mother India-based "Canal of Modernization" flume ride. Or Lagaan-inspired cricket stadium. No Hum Aapke Hain Koun-based women-in-drag show, either. Still, Yash Raj has put out some of the most popular Indian films of this decade, including Bunty Aur Babli and Dhoom. The latter (and its sequel) should be able to lend itself to a cool motorcycle-type ride.
Personally, I'd rather see a Bollywood-related theme park open up in or near Bombay, just as Disneyland and the original Universal Studios parks are located near Hollywood. Of course, Walt Disney World and Universal Studios Florida are far away in Orlando, so I guess it's kinda fair. However, like Orlando, Dubai is soon going to have so many attractions that it's difficult to decide which to plan a trip around. What if there's a lot of people (like me) who like Bollywood and Marvel Comics?
The Yash Raj Entertainment District, as the development is being called, will include theme park attractions, a movie palace and a hotel. It is scheduled to open in 2012.