AB Espresso: Inside the $3.9bn Wynn Al Marjan

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In today’s newsletter:

Take a look at the most recent news from Arabian Business, where our team of editors has gathered the notable advancements in the region from Monday.

Minor Hotels, owners of the Anantara hotel chain, has announced plans to open a new resort and branded residences development in Sharjah. The Anantara Sharjah Resort and Anantara Sharjah Residences are being developed by Arada and are scheduled to open in late 2027.

Meanwhile, British real estate investor behaviour is shifting from luxury villas towards affordable apartments and off-plan properties, experts told Arabian Business amid a flurry of investment activity in Dubai. “The data… shows that traditionally Brits are, on the whole, looking to settle and create a life in Dubai. They overwhelmingly elect to purchase mid-range, ready properties. There is quite an even split between apartments and villas in terms of the property type they go for,” said Paul Kelly, Operations Director at Allsopp & Allsopp Group.

In a major development, Wynn Resorts, Limited has released new images of its new luxury gaming resort – Wynn Al Marjan, currently under construction in Ras Al Khaimah. The beachfront resort will be built on the island spanning 62 hectares in partnership with Marjan and RAK Hospitality Holding, set to be the MENA region’s first ever gaming resort.

Aside from this, Dubai’s Burj Al Arab holds global recognition for being the only seven-star hotel in the world, this title comes with the offering of several over-the-top features including 24-karat gold interiors and Swarovski crystal ceilings but it doesn’t end there – the hotel offers the luxury of ‘quality sleep’ to guests with an extensive pillow menu and rare eiderdown duvets with quills harvested from eider duck nests in Iceland.

In other news, Saudi Arabia will see the Middle East’s largest water theme park open next year, complete with 28 rides and attractions. Qiddiya Investment Company (QIC) announced the launch of Aquarabia, the first water theme park of its kind in Saudi Arabia and the largest in the region.

THE LONGER READ:

Wynn Al Marjan, a $3.9bn beachfront resort in Ras Al Khaimah, will become UAE’s first integrated gaming resort, offering a diverse range of attractions and incorporating natural elements into its design

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