I saw a game like this on Steam, which was made in Construct. But I don't remember the name.
I found this reddit post with some info, but they are probably right saying that now it's much easier to render a game like this in a 3D engine.
Here is some technical stuff about how the creators of EOB did this:
https://web.archive.org/web/20171002235520/http://eob.wikispaces.com/eob.vmp