Marjan, RAK Hospitality Holding and Wynn Resorts have announced a multibillion-dollar integrated resort development on the man-made Al Marjan Island in Ras Al Khaimah, United Arab Emirates.
Spanning an area of 2.7 million square metres of reclaimed land extending into the Arabian Gulf, Al Marjan Island is only 15 minutes from the Ras Al Khaimah International Airport and 45 minutes from the Dubai International Airport. Comprising four islands, it offers over 7.8km of sparkling beaches and 23km of waterfront, in addition to world-class hotels and residential developments.
The new integrated resort on one of the exclusive islands, which covers an area of almost 250,000 square metres, will offer a pristine setting with spectacular views of the Arabian Gulf, as well as sandy beaches and a marina. The development is the first beach resort being developed by Wynn Resorts globally.
The current scope includes a 1,000+ room hotel, high-end shopping mall, a state-of-the-art meeting and convention facility, an exclusive spa, more than 10 restaurants and lounges, a wide array of entertainment choices, a gaming area, and other amenities.
The integrated resort will be developed with significant foreign direct investment by Wynn Resorts. It will create substantial value to the local economy by accelerating tourism, creating jobs, and energising the growth of related sectors. Set to be completed in 2026, the entire project will be developed to the highest standards of sustainability best practices.
“The integrated development, featuring a world-class hotel, entertainment and gaming amenities, will add to the Emirate’s destination strategy to attract tourists from across the world,” comments Eng. Abdulla Al Abdooli, CEO of Marjan. “We are partnering with Wynn Resorts, one of the world’s most renowned integrated resort companies, which has a strong track record of developing luxury destinations with exceptional accommodation, dining, entertainment concepts and gaming facilities.
“By leveraging Wynn Resorts’ expertise in developing luxury hospitality destinations, the new development will raise the benchmark in luxury hospitality in the region. It will also create exceptional value to the Ras Al Khaimah economy and boost the leisure, business, and MICE tourism sectors.”
Craig Billings, newly appointed CEO of Wynn Resorts, adds: “Al Marjan Island is a pristine setting and an ideal greenfield location for us to create the one-of-a-kind guest experiences for which Wynn Resorts is renowned. The region offers tremendous potential for the hospitality and tourism industry, and we are excited about the prospect of developing an integrated resort in Ras Al Khaimah.”
The new resort is in the initial stages of design and development and will be applying for an integrated resort licence from Ras Al Khaimah Tourism Development Authority.