Real Madrid Resort Island

Real Madrid Resort Island is an upcoming sports and amusement park planned by Real Madrid on Marjan Island, a 50 hectares (120 acres) artificial island near Ras al-Khaimah in the United Arab Emirates.[1] The project had a projected budget of $US 1 billion.[2] In September 2013, the project was stopped by the Ras Al Khaimah Investment Authority (RAKIA) due to a lack of funding, as the sheikdom was in the process of restructuring its debts.[3] In 2022, development of the themed resort was revived, as part of Dubai Parks and Resorts, with a tentative opening date of 2024.[4]

  1. ^ "Real Madrid Resort Island presented in the Presidential Balcony of the Santiago Bernabeu Stadium". Real Madrid Club de Fútbol. Archived from the original on March 25, 2012. Retrieved October 21, 2014.
  2. ^ "Real Madrid To Build $1 Billion Island Resort In UAE". Forbes. March 29, 2012. Retrieved October 21, 2014.
  3. ^ "Real Madrid's Plans for $1 Billion Resort in the UAE Faces Setbacks". Business of Soccer. September 22, 2013. Retrieved October 21, 2014.
  4. ^ Cite error: The named reference Revival was invoked but never defined (see the help page).