Dubai’s real estate investments never rest and businessmen from all over the world set their sights on this destination of endless skyscrapers. In Dubai, the islands are the preferred destinations among investors, where Palm Jumeirah and Palm Jebel Ali are among the favorites. However, there are others that want to earn a space among the most coveted in the United Arab Emirates, although they struggle to win the podium.
One of them is the set of artificial islands of Al Marjan, composed of Breeze Island, Treasure Island, Dream Island, and View Island, which for years was a little-frequented space and visited only out of curiosity by tourists. This site is located in the Arabian Gulf, about 45 minutes from Dubai International Airport and, despite its scarce fame, is about to receive a stroke of luck and become the object of desire for the world’s millionaires.
Al Marjan, the new investment focus near Dubai
Al Marjan is an underutilized space for investors, which is about to take an unexpected turn in its popularity due to the emergence of a new and unique investment in the United Arab Emirates. This island will be the destination of the region’s first casino with a typical Las Vegas imprint. On this occasion, the well-known developer Wynn Resorts will be in charge of this tourism project on the Al Marjan Islands, which will revolutionize the laws of Dubai and the entire country.
The company will develop a five-star hotel complex with 1,000 rooms, meeting centers, spa areas, various dining areas, and a wide range of leisure activities, which will also include an impressive casino, the first to be installed in the territory. The investment is estimated at around 4,000 million dollars on a 25,000 square meter plot of land.
The spotlight is on Al Marjan, the new paradise just an hour from Dubai.
The Al Marjan Islands are part of the new real estate policies of the United Arab Emirates that drive some of their investments in projects that promote leisure, luxury living, and rest in exclusive hotels. Therefore, Al Marjan is one of the chosen enclaves to apply these new developments that intend to significantly exceed the number of visits by 2027.
This artificial Al Marjan archipelago is located an hour from Dubai and belongs to the Emirate of Ras Al Khaimah, which also has a small airport, Ras Al Khaimah International Airport. With the growth and promise of new luxury buildings and resorts, experts estimate that this region could reach a visit of up to 2 million tourists in 2027.
The artificial island projects that will dethrone Dubai
The first casino in the United Arab Emirates, led by Wynn Resort, is one of the many programs that have begun to take shape in the Al Marjan region to attract luxury tourism to this site. For the moment, at least 20 companies have started to form different buildings, complexes, and resorts on the islands that make up this region. So far, this enclave has 12 hotels in the planning stage and seven under construction.
The big promise is the previously announced casino that will have a luxury space there that will attract Russian and local tourists. The peculiarity in this space is that alcohol is allowed, and investors hope that this site will become the “Las Vegas of the United Arab Emirates”. “Everyone expects tourism in RAK to grow rapidly with the casino,” said those in charge of the project, who will turn this destination into another gem of the desert in the UAE.
