The Collaborative International Dictionary of English v.0.48:
dreamworld \dream"world`\ (dr[=e]m"w[^u]rld), n. A pleasing country existing only in dreams or imagination; a fantasy land. Syn: never-never land, dreamland. [WordNet 1.5]WordNet (r) 3.0 (2006):
dreamworld n 1: a pleasing country existing only in dreams or imagination [syn: never-never land, dreamland, dreamworld]