I hope not, although it did always feel inevitable. If you ignore all of the sports washing arguments it still seems like a stupid idea. When would it be held?, hosting it in the winter would completely mess up the global sporting calendar. There have been quite a few major sporting events held there (excluding the world cup), recently, many which have been pretty flawed.
2019 athletics worlds - Held in October with almost empty crowds, many big names skipped due to timings. The marathon was held at midnight, and was just 7 laps of a track which involved running up and down a singular crowd with no athletes in sight.
2016 road cycling worlds - The mens race was 250km, of which 150km was in the desert, not exactly gripping viewing. In my opinion, a cycle course needs to be created to allow the riders to initiate an exciting race, which is obviously hard to do in a desert.