DUBAI: Wynn Resorts Ltd. said they will be opening their new resort in Ras Al Khaimah at an estimated cost of $3.9 billion in a step that could contribute to the emirate’s rise as a major global tourist destination.
The luxury resort has recently unveiled plans and renderings in a presentation shared on its website for the development in Ras Al Khaimah, UAE.
Wynn Al Marjan will also be the first to include gaming in the Middle East. It is believed that it will become one of the world’s largest gaming facilities.
The property will include multiple resort amenities, including 1,500 hotel rooms and suites and will feature several high-priced villas with beachfront access.
Wynn CEO Craig Billings said during the presentation that the property will have 24 restaurants and lounges and other non-gaming amenities, including 120,000 square feet of retail space.
The development will see a 1,000-foot-tall hotel tower rising above the island’s shoreline.
Billings also said they wanted the design to stand out in the region, taking into consideration that the UAE is well-known for its unique architectural buildings and monuments.
The company asserts the project will bring meaningful long-term economic benefits to Ras Al Khaimah, supporting economic growth and diversification of tourism.
It also said the development, while supported by continued investments, is expected to support Ras Al Khaimah’s goal of achieving an increase in tourism, aiming for over 30 million tourists by 2030.
The opening, originally slated for 2026, will be delayed by a year, Wynn said in the statement.
