Film actor, Mr. Shah Rukh Khan has announced the launch of his real estate development, Shah Rukh Khan Boulevard, which is to be located in the emirate of Ras Al Khaimah in the United Arab Emirates (UAE). The 8-billion Dirham ($2.2-billion) development will come up on Dana Island off the Ras Al Khaimah coast and will comprise studio and one and two-bedroom apartments. "I have a strange fetish for home. It's close to my heart," Mr. Shah Rukh Khan said. The project will be designed by a well-known architect, Mr. Toni Ashai and it will also comprise an underwater discotheque, a public square on the beach and a theatre. The development will cover three million square feet. The film star has associated himself with the project through TSA International Investments, a leading real estate financial consultancy in the UAE.