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A planned $1bn Real Madrid-branded resort in the UAE emirate of Ras al-Khaimah has been halted and the project may be switched to Abu Dhabi, Reuters has reported. The 50-hectare attraction was to have been built on the man-made Marjan Island in RAK, 105 km north of Dubai. Launched in 2012, the project it to comprise a 450-room hotel, a marina and yacht club and a Real Madrid museum, in addition to an amusement park and a 10,000-capacity stadium. However, construction work never started and Luxembourg-based Real Madrid Resort Island Co did not buy the land upon which the resort was meant to be built, Michael Hernandez, project director of Marjan Island, told the news service. A Real spokeswoman dismissed media reports in Spain that the project had been scrapped as 'untrue,' adding that there was a possibility the resort would now be built in Abu Dhabi.