HomeNewsUAEWynn Al Marjan structure more than halfway there, schedule on track for $5.1B IR

Wynn Al Marjan structure more than halfway there, schedule on track for $5.1B IR

The $5.1 billion Wynn Al Marjan project, set to be the UAE’s first integrated resort featuring a casino, is well underway, with 55 percent of the structural concrete now complete and a new floor being added each week.

Wynn Al Marjan Island Project
Wynn Al Marjan Island project development-November 2024

According to an update from Wynn Resorts, the building has now reached the 26th floor, with the tower structure completed for 1,121 rooms – 73 percent of the total 1,542 rooms planned.

The group plans to top off the development in December of next year and is hoping to open the IR in the first quarter of 2027.

Wynn is taking a strong personal focus on the development – despite only being a 40 percent investor in the project, alongside RAK Hospitality – with Wynn Design and Development overseeing ‘all facets of the project’s design and development’.

‘Wynn Resorts is unique in that it maintains its own full-service design and architectural team,’ the group notes in its release.

The group prided itself on the fact that there are some 9,100 construction team members onsite, with over 100 concrete trucks on site daily.

The casino on the property is set to take up just 4 percent of the gross floor area but still constitutes about 225,000 square feet.

Aside from the casino, the property will feature a 15,000-square meter shopping promenade; 22 restaurants, lounges, and bars; 7,500-square meters for MICE, a theater and 3.6 hectares of tropical landscaping.

In October, Wynn was granted the UAE’s first commercial gaming operator’s license following a ‘diligent and extensive review’ conducted by the General Commercial Gaming Regulatory Authority (GCGRA).

Wynn Al Marjan Island’s recently-appointed president, Max Tappeiner, expressed confidence that the new ‘integrated gaming resort’ could transform Ras Al Khaimah into the world’s fourth major gaming jurisdiction – after Macau, Las Vegas and Singapore.

Kelsey Wilhelm
Kelsey Wilhelmhttps://agbrief.com
Kelsey Wilhelm is a print and broadcast journalist and editor. Based in Asia for over 20 years, he saw the birth of Macau's rampantly successful gaming industry, propelling him into the world of casinos. Now focusing on all markets throughout Asia, he embraces new technologies and trends, from sports betting to online gaming – always seeking the new frontier.

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