Al Marjan Island, the gem of Ras Al Khaimah, is undergoing a massive transformation. The immaculate island, in the clear water of Arabian Gulf is going to become one of the global destinations for luxury living, leisure and investment.
Al Marjan Island is known for stunning man-made islands and is already a tourism marvel. Comprising four coral-shaped islands, Al Marjan Island is home to world-class hotels and resorts, and beautiful natural attractions, including 7 kilometers of pristine sandy beaches.
The Rise of a NEW luxury Destination: The Wynn Resort in Al Marjan Island
The development of the world’s largest casino, Wynn, is a significant catalyst for Al Marjan’s Island’s future. The 3.9 Billion dollar project is set to open in early 2027, which will make the island an even more attractive location for real estate investment. The Wynn gaming resort is set to become the fourth major gaming market in the world, and is the first one in the MENA region.
The long-term development plan of Wynn Resort will significantly increase multiple investment potential in the hospitality, travel and leisure, and infrastructure projects.
- World-class amenities: With 1,542 rooms and suites, 22 private villas, Five Star spa , and a variety of dining and entertainment options, the Wynn Resort will attract high-end tourists to the location.
- A state-of-the-art Casino: This will be the first one in the UAE- and will attract gaming enthusiasts to the location without a doubt.
- An exclusive shopping experience: The vibrant shopping options will be available with exclusive brands setting up their retail stores in the area for high- end visitors.
The Impact of Real Estate Sector at Al Marjan Island: THE ROI Surge
Al Marjan Island has seen a remarkable growth for real estate in recent years and is set to increase potentially in the coming years. The Wynn resort is expected to have a visible and major impact on Al Marjan Island. As the demand for luxury properties increases, the property values are expected to rise significantly.
The ROI of real estate investments in Al Marjan Island is set to increase significantly due to several factors:
The Wynn Resort:
- Increased tourist Footfall: The resort will attract a large number of tourists, boosting demand for accommodation requirements and other leisure activities.
- Higher Property Values: The presence of a world-class luxury resort will elevate the property values of the island.
- Rental Income Potential: The high demand of tourists and visitors pouring into the gaming resort, will increase the rents of the area.
The Growing Infrastructure and Amenities:
- Improved Transport Connectivity: The infrastructure developments of the roads , highways and public transportation will enhance accessibility to the area and offer convenience to reside in the area.
- Diverse Lifestyle Offerings: A wide range of shopping and dining experiences with shopping malls, entertainment venues, restaurants will attract residents and tourists alike.
- Strong Rental Demand: The increasing population and growing demand for quality housing will increase the rental prices of the properties in the area.
Government Support Plans
- Investor-Friendly Policies: The UAE government policies creates a favourable investment atmosphere for potential investors looking to set up business activities or even buy properties.
- Diverse Economy: The diverse UAE Economy, with people coming from all nationalities and places, looking forward to investing in a variety of sectors including tourism and hospitality, will positively impact the real estate markets.
- Tax Benefits: The government offers tax advantages and benefits for investors even including the real estate.
High occupancy Rates
- Strong Rental Income: The demand for short-term and long-term rentals is expected to be high, providing a steady income for investors.
- Residential hub: The growing popularity of Al Marjan Island as a tourist destination and also a residential hub will lead to high occupancy rates for rental properties.
All the factors mentioned above contribute to the promising ROI on real estate investments in Al Marjan Island. You can consult our real estate consultants to get more of an evaluation on individual projects to make any investment decisions.
The Capital Appreciation of Real Estate Investment on AL Marjan Island
Al Marjan Island is one of the prime locations that fuel its real estate value. With just 45 minutes away from Dubai and 25 minutes from Ras Al Khaimah city, the island offers investors the best of both worlds: proximity to the UAE’s business, cultural, and leisure hubs, while offering the peaceful lifestyle associated with luxury island living.
In addition, Al Marjan Island has a limited supply of land for development, especially given its man-made nature, making the properties here particularly valuable. As the island continues to evolve and attract more residents, the scarcity of available land ensures that real estate values will continue to rise over time, particularly for waterfront properties.
Also with the anticipated expansion of the tourism industry: through new attractions, leisure facilities, and a growing reputation as a tourist hub, Al Marjan Island is positioned for increased capital appreciation as it continues to attract both tourists and investors.
The real estate market on Al Marjan Island is on the rise with significant capital appreciation due to its strategic location, limited land supply, robust infrastructure development, and growing tourism. With a focus on sustainability, a diverse range of investment options, and a favorable economic environment, the island is set to continue its upward trajectory in terms of property values.
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