04/12/2023
πAL MARJAN ISLAND - Ras Al Khaimah
UAEβs next real estate hotspot for INVESTORS
In a bid to transform the UAE into a global gaming destination, US-based Wynn Resorts is investing USD $3.9 billion to build its first gaming resort in Al Marjan Island.
The company has partnered with Marjan LLC and RAK Hospitality Holding LLC to develop this grand oceanfront property planned on a group of four islands about 45 minutes away from Dubai. Construction work has already begun, with the the property estimated to open its magnificent doors to visitors by 2027.
This is the UAEβs first casino license to be issued, making Al Marjan island the new, hottest Real Estate investment area for international investors.
Leading developers; EMAAR, Dubai Investments, Aldar, Luxe Developers and Select Group (to name just a few) are already present on the island and have broke ground with some fantastic new residential projects, set for imminent launch.
With property prices in this area projected to see a jump of 25% in the next 12 months, now really is the time to invest!
To discover available opportunities in Ras Al Khaimah feel free to reach out
βοΈ +971 54 721 0421