SUPERSTAR Shah Rukh Khan has announced the launch of his very own real estate development, Shah Rukh Khan Boulevard.

The $2.2 million development is to be located in the emirate of Ras Al Khaimah in the UAE.

The star said he always had a fetish for houses.

He told reporters: "I guess it’s either because of the frustrated architect inside me or because I have seen my own house being taken away during my childhood.

"Our property was attached but I was too young to realise why we had to vacate."

The development will be built on Dana Island off the Ras Al Khaimah coast.

Scheduled for completion in 2012, Shah Rukh Khan Boulevard will be a world-class beachfront community comprising of 10 premium residential towers and featuring a diverse range of lifestyle amenities on Dana Island, a project developed by Rakeen.