UAE-based High Rise Real Estate unveiled today the $1.9 billion dollar property Development in Ras Al Khaimah named Emirates Flag.

Its conceptual design is based on the Emirates Flag, and is spread over 7 blocks. Each of its seven blocks will be themed around one of the emirates and will include three towers: office, homes and hotel rooms.

The project is set for launch in Q1 2007 and will be developed together with Ras Al-Khaimah Free Zone Authority, Dream Industrial Park FZCO, and A&A Investment Group, the Emirates Flag Development will proudly reflect the spirit and history of the UAE.