https://www.youtube.com/watch?v=PDSiRrTZ5bY
I've been a long time player of EQ and mess around with both EQEMU and the Unreal engine. I was able to import the original Arena zone into UE4 (latest version 4.20.2). It wasn't too hard; I used one of the many tools here to extract the obj file, convert it to fbx in Blender and then import the fbx into the Unreal Editor.
The textures are converted to unreal materials automatically, although the materials need to be flipped horizontally as they'll appear backwards. It's a fun little experiment for sure, but once converted it can't be distributed.