Wynn Resorts and its partners have earmarked land for a second integrated resort on Al Marjan Island in Ras Al Khaimah, according to a shareholders’ agreement filed with the US Securities and Exchange Commission.
The document, dated June 21, 2024, and signed by Wynn Resorts, RAK Hospitality Holding, and Al Marjan Island LLC, identifies a “Second Integrated Resort Plot” covering 593,870 sq ft of existing land and a further 892,306 sq ft to be reclaimed from the sea. If developed, Wynn or an affiliate would hold exclusive gaming operator rights.
The filing also includes other parcels, such as a “Janu Plot,” a “Luxury Hotel and Apartments Plot,” and a broader “Land Bank,” reflecting the company’s long-term development plans in the emirate.
Wynn’s flagship Al Marjan Island resort, currently under construction, is scheduled to open in early 2027. The $3.9 billion project will feature 1,542 rooms and suites, 22 villas, retail promenades, a 7,500 sq m events centre, a spa, theatres, and a casino. The main tower will reach over 300 metres.
Construction, which began in 2023, has passed the halfway mark, with structural works up to the 26th floor completed and fit-out works in progress. The project is being developed in partnership with Marjan and RAK Hospitality Holding.
