Al Marjan Island is the man-made island that hosts Wynn Al Marjan Island, the UAE's first integrated casino resort, scheduled to open in September 2027 (Wynn Resorts SEC filing, August 2026). Palm Jumeirah: Apartments and villas on the Palm. Below, our weekly RAK asking-price index sits next to Dubai Land Department registered sales for Palm Jumeirah, so the two sides are never confused.
RAK index 2026-10-26 · Dubai registrations to 26 October 2026 · page rebuilt 27 October 2026
| Al Marjan Island | Palm Jumeirah | |
|---|---|---|
| Measure | Asking prices, PropertyFinder sample | Registered sales, Dubai Land Department |
| Sample | 169 listings, 2026-10-26 | 204 sales, last 90 days |
| Median AED/sqft | AED 2,353 | AED 2,801 |
| Range AED/sqft | AED 720 to AED 6,575 | AED 25 to AED 12,416 |
| Median price | AED 2,050,000 | AED 4,999,999 |
| AED 1.6M buys about | 680 sqft | 571 sqft |
| Catalyst | Wynn Al Marjan Island, September 2027 | Established, liquid resale market |
Asking prices overstate what sells; registered prices are what was paid. Keep that in mind when reading the gap. Medians, not averages.
| Type | Sales | Median AED/sqft | Median price |
|---|---|---|---|
| Studio | 17 | AED 1,942 | AED 1,121,299 |
| 1 B/R | 39 | AED 2,374 | AED 2,550,000 |
| 2 B/R | 89 | AED 3,363 | AED 5,950,000 |
| 3 B/R | 40 | AED 2,498 | AED 6,325,000 |
| 4 B/R | 15 | AED 4,609 | AED 27,250,000 |
| 5 B/R | 4 | AED 3,351 | AED 45,500,000 |
Ras Al Khaimah registered AED 2.89 billion of property transactions in the first half of 2026 (RAK Municipality via Economy Middle East, 12 August 2026). Cavendish Maxwell put RAK apartment prices up 6.5% year on year in H1 2026, with rents up 7%. Our index samples 405 live sale listings every week across Al Marjan Island, Mina Al Arab and Al Hamra; the RAK-wide median asking price is AED 1,460/sqft.
Our Ras Al Khaimah stock is on Hayat Island, inside Mina Al Arab: see Bay Views (one full floor of 12 residences, AED 16,200,000, handed over) and Bay Residences.
Read more: Al Marjan Island · Palm Jumeirah registered sales, every deal · RAK Waterfront Pulse · RAK market trends 2026 · Al Marjan Island vs Dubai Marina
Al Marjan Island vs Dubai Harbour · Al Marjan Island vs Bluewaters Island · Hayat Island, Mina Al Arab vs Dubai Creek Harbour · Mina Al Arab vs Jumeirah Beach Residence (JBR) · Mina Al Arab vs Dubai Islands · Al Hamra Village vs Dubai Hills Estate · Al Marjan Island vs Dubai Marina · Hayat Island vs Palm Jumeirah
Yes on today's numbers: Al Marjan Island asking prices sit at a median AED 2,353/sqft (2026-10-26, n=169), against a registered median of AED 2,801/sqft in Palm Jumeirah over the last 90 days (Dubai Land Department, n=204), a gap of 16%. Asking and registered prices are different measures; registered prices usually come in below asking.
At the current medians, about 680 sqft in Al Marjan Island (asking) against about 571 sqft in Palm Jumeirah (registered). AED 1,600,000 is the median asking price across our whole RAK sample of 405 listings.
Palm Jumeirah recorded 87 registered residential sales in the 30 days to 27 October 2026 at a median AED 3,074/sqft, +15.2% against the previous 30 days.
September 2027, per Wynn Resorts' 8-K filing of 4 August 2026. Wynn is on the island itself.
Our RAK Waterfront Pulse: PropertyFinder RAK sale listings (asking prices, deduped sample of 405) — RAK publishes no open transaction registry; this is an asking-price index and says so. Ras Al Khaimah publishes no open transaction registry, so RAK figures are asking prices and are labelled as such; Dubai figures are transactions registered with the Dubai Land Department.
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