Located in Al-Khobar’s Half Moon bay, the project’s first phase calls for the construction of residential villas and apartments, a five-star hotel, a marina, an aqua park and associated retail facilities. Phase 1 will be completed by 2008. Phases 2 and 3 will be sold to other developers and are scheduled for completion within four years. Beirut-based Associated Consulting Engineers (ACE) International is the consultant. Arriyada is the financial consultant.

The project is one of several being built in the area. Al-Khobar-based real estate developer Rikaz Development & Planning is building the Royal Amwaj resort (MEED 5:8:05), and the local Khalid Saud al-Shubaily for Real Estate Investment is developing a 7 million-square-metre beachfront development including a floating shopping mall (MEED 12:8:05).