Real Madrid, one of the most important soccer teams and sports institution worldwide (with permission of the Barcelona) revealed yesterday their plans to build the Real Madrid Resort Island, a development which will include exclusive villas, a 5-star hotel, an amusement park, a club museum and the world’s first stadium with one side open to the sea.
The Investment Fund RAK Marjan Ilsland Football, based in Luxembourg, will finance the 430,000 sqm resort project and worth 1,000 million dollars and whose facilities are located on the artificial island called Al Marjan in Ras Al Khaimah emirate. “Real Madrid Resort Island will be a major tourist and sporting centre of great dimensions and the highest level. This extraordinary complex will attract millions of people looking for quality leisure services”, said Florentino Pérez, the club president. Real Madrid Resort Island will open in January 2015.