Al Marjan Island is Ras Al Khaimah's iconic man-made archipelago — four coral-shaped islands stretching 4.5km into the Arabian Gulf. Home to the Wynn Al Marjan Island resort (UAE's first licensed casino, opening 2027), it's rapidly becoming the GCC's most exciting investment destination.
Al Marjan Island sits off the coast of Ras Al Khaimah, an emirate 45 minutes north of Dubai International Airport. The four coral-shaped islands offer 23km of pristine beachfront, clear Arabian Gulf waters, and a relaxed pace that is increasingly attractive to buyers priced out of Dubai or seeking a second home with stronger yield potential.
The announcement of Wynn Al Marjan Island — the UAE's first licensed casino resort — has fundamentally changed the investment narrative for the area. The integrated resort will include a luxury hotel, gaming facilities, retail, dining, and entertainment, anchoring a projected wave of hospitality and residential investment across the island. The resort is scheduled to open in 2027.
Comparable precedents from Singapore (Marina Bay Sands, 2010) and Macau demonstrate that integrated casino resort openings within undersupplied markets can drive 25–40% property price increases in surrounding areas within 3–5 years of opening. Al Marjan is at the beginning of that curve, with many off-plan units already having appreciated since their launch in 2023–2024.
RAK's Golden Visa programme mirrors Dubai's — qualifying properties from AED 2M allow investors and their families to obtain UAE residency. The emirate also benefits from 0% income and capital gains tax, freehold ownership for all nationalities, and lower service charges than comparable Dubai coastal communities.
| Studio | AED 500K – 800K |
| 1 Bedroom | AED 800K – 1.4M |
| 2 Bedroom | AED 1.3M – 2.2M |
| 3 Bedroom | AED 2M – 4M |
| Villa | AED 4M – 12M |
Short-term rental (holiday home) yields on Al Marjan Island currently run 8–10% gross, driven by strong tourism demand and the upcoming Wynn resort. Long-term rental yields average 6–8%. As the resort opens in 2027, occupancy and nightly rates are expected to increase materially, supporting further yield growth.
Wynn resort effect — comparable casino resort openings in Singapore and Macau drove 25–40% property price increases in surrounding areas. Al Marjan is ahead of that curve.
Dubai-based investors diversifying into RAK for higher yields, international buyers seeking UAE beachfront property at accessible price points, lifestyle buyers seeking a second home with Gulf views, and investors specifically targeting the Wynn effect appreciation thesis.
"Al Marjan is the trade everyone in the GCC is talking about. The Wynn effect is real — we saw it in Singapore and Macau. Buyers who got in early at Marina Bay Sands did extraordinarily well. Al Marjan in 2024–2025 is that moment."
— Joseph, RERA-Certified Agent · Astra Terra Properties
Al Marjan Island is one of the most talked-about investment destinations in the GCC for 2026–2027. The Wynn Al Marjan Island casino resort (opening 2027) is expected to significantly boost tourism and property values — comparable casino resort openings in Singapore drove 30–40% property price increases in surrounding areas.
Yes. Al Marjan Island is a freehold zone, meaning 100% foreign ownership is permitted. Properties qualifying at AED 2M+ also qualify for the RAK Golden Visa, which provides UAE residency.
Short-term rental (holiday home) yields on Al Marjan Island currently run 8–10% gross, driven by strong tourism demand and the upcoming Wynn resort. Long-term rental yields average 6–8%.
Speak with a RERA-certified specialist about this area today.
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