Al Marjan Island is a man-made island in Ras Al Khaimah and the location of the Wynn casino resort being built there. Wynn Al Marjan Island is not open: Wynn Resorts' earnings release dated 4 August 2026 says it opens in September 2027. Hotels already operate on the island, according to Bayut's property-portal guide, fetched 14 September 2026.
Wynn Resorts' Q2 2026 earnings press release, dated 4 August 2026 and filed with the US SEC as Exhibit 99.1, states that Wynn Al Marjan Island “will open its doors to guests in September of 2027”. The same filing puts Wynn Resorts' life-to-date cash contributions at USD 1.06 billion and its joint-venture stake at 40%. That is Wynn's own contribution to date, not the total project cost.
Could not verify on 14 September 2026: We could not verify the earlier spring opening target or total project cost from a primary source today; those claims remain trade-press reporting. We could not verify the room count, number of storeys or gaming floor size from a primary source today because the project's website was unreachable. We could not verify the exact gaming operator licence date from a primary source today because the UAE General Commercial Gaming Regulatory Authority's site was also unreachable.
Bayut's guide to Al Marjan Island hotels, fetched 14 September 2026, lists Rixos Bab Al Bahr, Movenpick Resort, DoubleTree by Hilton, Hampton by Hilton and Pullman Resort as operating on the island. This is a property portal's guide, not an official tourism roster. We could not retrieve an official list on 14 September 2026.
On the timetable in Wynn Resorts' 4 August 2026 earnings release, the casino resort remains a construction site until 2027. Anantara and InterContinental are in Mina Al Arab, a different community, not on Al Marjan Island; the two locations are often confused.
The National's 3 August 2026 report cites Property Monitor data for Q1 2026. Its ready-apartment figures are emirate-wide. Bayut's annual report covers calendar 2025, not today's asking prices. Property Finder's area insights describe listed prices, not completed sales.
| Market measure | Figure | Source and date |
|---|---|---|
| RAK ready apartments: average sale price | AED 1,219/sqft | The National, 3 August 2026, citing Property Monitor data for Q1 2026 |
| RAK ready apartments: average annual rent | AED 65.14/sqft | The National, 3 August 2026, citing Property Monitor data for Q1 2026 |
| Mina Al Arab apartments: average sale price and annual change | AED 1,171/sqft; up 4.61% | Bayut Ras Al Khaimah Annual Market Report 2025, published 21 January 2026; calendar 2025 |
| Mina Al Arab: average one-bedroom sale price | AED 1,245,000 | Bayut Ras Al Khaimah Annual Market Report 2025, published 21 January 2026; calendar 2025 |
| Mina Al Arab: average one-bedroom annual rent | AED 60,000 | Bayut Ras Al Khaimah Annual Market Report 2025, published 21 January 2026; calendar 2025 |
| Mina Al Arab: median listed sale price | AED 1.81M across 2,808 listings | Property Finder Mina Al Arab area insights, fetched 14 September 2026 |
We could not verify an Al Marjan Island-specific price per square foot from a source fetched on 14 September 2026. Circulating island figures are higher than the emirate-wide average. We are not publishing a number we could not verify today.
We are not selling on Al Marjan Island. For buyers seeking a lower entry price, our ready alternative starts at AED 1,191,000. We cannot publish a verified like-for-like island price comparison.
| Measure | Al Marjan Island | Our Hayat Island stock |
|---|---|---|
| The address itself | Al Marjan Island, Ras Al Khaimah | Hayat Island, Mina Al Arab |
| Status today | Operating hotels; Wynn is not open | Bay Views and Bay Residences are ready |
| What you can buy from us | We offer no stock here | Bay Views residences and two Bay Residences one-beds |
| Entry price | Not quoted | Bay Residences: AED 1,191,000 |
| Rent | Not verified here | Bay Views one-bed: AED 65,000–70,000/year |
| Gross yield | Not verified here | Bay Views one-bed: about 5.4%–5.8%, before costs |
| Service charge | Not verified here | Bay Views: approximately AED 12/sqft/year |
| Drive to the Wynn site | The site is on this island; journey time not verified | 12–15 minutes to Al Marjan Island, our measurement; exact site journey not verified |
The trade-off is a ready home with potential income from day one if let, rather than an Al Marjan Island address. Read about Hayat Island and Mina Al Arab and the available Bay Views residences. Hayat Island is not on Al Marjan Island or next to Wynn.
Trade-press reporting suggests the opening has already moved once from an earlier spring target. We could not verify that earlier target from a primary source today. The current date could move again.
Do not substitute the Wynn headline for an assessment of the purchase price, rent and costs. We make no claim about what Wynn will do to property prices.
Ras Al Khaimah resale liquidity is thinner than Dubai's. If you might need a quick exit, treat that as a risk rather than assuming a buyer will be available immediately.
We could not verify total project cost, rooms, storeys, gaming floor size or the exact licence date from primary sources on 14 September 2026. Treat circulating figures with caution.
Bay Views by RAK Properties is handed over and ready now on Hayat Island, Mina Al Arab. Our floor 9 allocation comprises 12 residences: 3 studios, 6 one-beds and 3 two-beds. One-beds start at AED 1,200,000 for approximately 826 sqft, or approximately AED 1,452/sqft. Studio and two-bed prices are on request.
The full floor is available as one lot for AED 18,000,000, approximately AED 1,923/sqft. Two-bedroom rent is AED 110,000 a year. The quoted one-bedroom gross yield excludes service charges and other costs; it is not net income. There is a lobby on floor 9. A V-shaped building stands in front, while the sea view is unobstructed from floor 5 upwards.
At Bay Residences in Mina Al Arab, Building 3, units 1001 and 1101 are ready one-bedroom Type 1 homes. Each measures 828 sqft and is priced at AED 1,191,000.
The UAE Golden Visa property threshold is AED 2,000,000, and purchases can be combined. Review every unit on our desk, our explanation of why we invest in Ras Al Khaimah, and the Dubai market update before choosing the location and property.
Request current availability, unit details and a viewing. We will show you the ready stock we can actually sell.
Wynn Resorts' own second-quarter 2026 earnings press release, dated 4 August 2026 and filed with the US Securities and Exchange Commission, states that Wynn Al Marjan Island "will open its doors to guests in September of 2027". It is not open today. Trade press reports that this date replaced an earlier spring 2027 target, but we could not verify the original date from a primary document, so we do not state it as fact.
Al Marjan Island is a man-made island off the coast of Ras Al Khaimah in the United Arab Emirates. It is where Wynn Al Marjan Island, the UAE's first casino resort, is being built. Several hotels already operate on the island. It is a separate island from Hayat Island in the Mina Al Arab community, which is about a 12 to 15 minute drive away.
Bayut's guide to Al Marjan Island hotels, fetched on 14 September 2026, lists Rixos Bab Al Bahr, Mövenpick Resort, DoubleTree by Hilton, Hampton by Hilton and Pullman Resort as operating on the island. That is a property portal's guide rather than an official tourism roster; we could not retrieve an official list on that date. The Anantara and the InterContinental are in Mina Al Arab, not on Al Marjan Island, and the two are often confused.
We do not publish a figure, because we could not verify an Al Marjan Island-specific price per square foot from a source we fetched on 14 September 2026. What we can cite: The National, on 3 August 2026, citing Property Monitor data for the first quarter of 2026, reported that ready apartments across Ras Al Khaimah averaged AED 1,219 per square foot with rents averaging AED 65.14 per square foot a year. That is emirate-wide, not island-specific.
They are different products. Al Marjan Island is the casino island and carries the headline; Hayat Island in Mina Al Arab is about a 12 to 15 minute drive away and has completed buildings you can collect keys to now. Our own stock is on Hayat Island: 12 handed-over residences on floor 9 of Bay Views, one-bedrooms from AED 1,200,000 letting at AED 65,000 to AED 70,000 a year, roughly 5.4% to 5.8% gross before the service charge. We do not forecast what the Wynn opening will do to either island's prices.
We could not verify the room count, the number of storeys or the gaming floor size from a primary source on 14 September 2026, because the project's own website was unreachable when we checked, so we publish no figure. Industry reporting places the UAE General Commercial Gaming Regulatory Authority's gaming operator licence in October 2024, but the regulator's own site was also unreachable on that date, so we treat it as trade-press reporting rather than a verified fact. What we can cite from Wynn Resorts' 4 August 2026 filing: its life-to-date cash contributions to the project total USD 1.06 billion, and it holds a 40% stake in the joint venture. That is Wynn's own contribution, not the total project cost.
No, and we do not make that claim. A dated catalyst is a reason to look, not a forecast. The opening date has already moved once, resale liquidity in Ras Al Khaimah is thinner than in Dubai, and we could not verify several project specifics from primary sources today. Our own numbers are stated as they are: a one-bedroom at Bay Views lets for AED 65,000 to AED 70,000 a year, about 5.4% to 5.8% gross before a service charge of roughly AED 12 per square foot.
Twelve handed-over residences on floor 9 of Bay Views on Hayat Island, Mina Al Arab — three studios, six one-bedrooms from AED 1,200,000 and three two-bedrooms — or the whole floor as one lot at AED 18,000,000. Plus two ready one-bedrooms at Bay Residences, units 1001 and 1101, 828 square feet at AED 1,191,000 each. Studio and two-bedroom prices at Bay Views are on request.