Ras al-Khaimah
Real Madrid Resort Island was a proposed sports and amusement park planned by Real Madrid on Marjan Island, a artificial island near Ras al-Khaimah in the United Arab Emirates. The project had a projected budget of $US 1 billion. In June 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.