OVERVIEW

Wynn Al Marjan Island is set to become the first integrated gaming resort in the Middle East North Africa region (MENA), located on Al Marjan Island in Ras Al Khaimah, UAE. This multi-billion-dollar project by Wynn Resorts is a significant addition to the company’s portfolio, bringing their signature luxury and high-design opulence to the Arabian Gulf. Inspired by the tranquil seascape, the resort aims to offer a serene and stylish setting, featuring approximately 1,500 rooms, suites, and villas, along with extensive entertainment, dining, and gaming amenities. With an estimated project cost of USD 3.9 billion, Wynn Al Marjan Island is poised to transform the tourism landscape in Ras Al Khaimah, enhancing its global appeal as a major tourist destination and contributing substantially to the local economy through job creation and tourism. 

LOCATION, LOCATION, LOCATION

Al Marjan Island, a flagship development in Ras Al Khaimah, is a man-made archipelago extending 4.5 kilometers into the Arabian Gulf. It boasts over 7.8 kilometers of pristine beaches and 23 kilometers of waterfront, making it an ideal location for luxury resorts and residential developments. The island’s proximity to Dubai International Airport, just a 50-minute drive away, ensures easy accessibility for international tourists. Al Marjan Island is rapidly becoming a world-class resort destination, offering a unique blend of natural beauty and high-end amenities. The development of Wynn Al Marjan Island further cements its status as a premier location for luxury tourism, combining stunning sea views with state-of-the-art facilities and sustainable, nature-based tourism practices. 

HISTORY OF WYNN

Wynn Resorts, known for its luxurious casino and hotel properties in Las Vegas, Macau, and Boston, is expanding its footprint into the MENA region with Wynn Al Marjan Island. The company has a 40% equity ownership in the joint venture with local partners Marjan LLC and RAK Hospitality Holding LLC. This development marks Wynn’s first foray into the Middle East, leveraging its extensive experience in creating high-end integrated resorts. The project on Al Marjan Island aligns with Ras Al Khaimah’s strategic vision to become a leading investment destination for hospitality projects. The construction of Wynn Al Marjan Island began in early 2023, with the resort expected to open in early 2027, offering a blend of gaming and non-gaming amenities designed to attract a diverse global clientele. 

DEVELOPMENT HIGHLIGHTS

  • Economic Impact: The USD 3.9 billion investment is the largest foreign direct hospitality investment in Ras Al Khaimah, expected to create substantial economic value through tourism and job creation. 
  • Tourism Growth: The development is anticipated to drive significant growth in tourism, with projections of visitors to Ras Al Khaimah increasing from 1.1 million in 2022 to over 3 million by 2030. 
  • Luxury Amenities: The resort will feature 1,500 luxury hotel rooms, suites, and villas, a 120,000 sq. ft. luxury retail space, a 100,000 sq. ft. MICE space, a theater, and extensive dining and entertainment options. 
  • Strategic Location: Al Marjan Island’s proximity to Dubai International Airport and its pristine beachfront location make it a prime destination for international tourists. 
  • Gaming Potential: As the first integrated gaming resort in the MENA region, Wynn Al Marjan Island will attract high-spending customers, contributing to strong property EBITDA and ROI. 
  • Sustainable Tourism: Ras Al Khaimah’s focus on sustainability and nature-based tourism, combined with its rich archaeological heritage, positions it as a top destination for eco-conscious travelers. 
  • Increased Employment: The project is expected to create over 7,000 full-time jobs upon opening, significantly boosting local employment opportunities. 
  • Enhanced Global Reach: The Wynn brand’s expansion into the MENA region extends its global reach, placing a Wynn resort within an 8-hour flight of approximately 95% of the world’s population. 
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