Ras Al Khaimah: Wynn Al Marjan Island, the multi-billion-dollar integrated resort under development on the coast of Ras Al Khaimah, will officially welcome its first guests in September 2027, several months later than its previously announced first-quarter 2027 launch.
The revised timeline was confirmed by Wynn Resorts CEO Craig Billings during the company’s second-quarter earnings call, citing ongoing disruptions linked to regional conflict that have affected global supply chains, shipping insurance, and project logistics.
Billings said construction continues at a strong pace despite the challenges.
“Construction at Wynn Al Marjan Island is progressing at a rapid pace. Wynn Resorts, alongside our partners in Ras Al Khaimah, are pleased to announce that Wynn Al Marjan Island will open its doors to guests in September 2027,” he said.
Interior work has now begun across the resort’s hotel rooms, with mechanical, electrical, and finishing works progressing according to schedule. At the same time, recruitment for pre-opening operations and business planning is advancing steadily.
Regional Conflict Drives Delays
According to Billings, the ongoing geopolitical situation has significantly disrupted international supply chains and shipping insurance markets, forcing the project team to source alternative materials, reroute deliveries, and expedite equipment to keep construction moving.
The company also faced temporary disruptions involving the movement of staff, consultants, and other specialists required for the project.
These combined factors have extended the construction schedule and increased overall project costs.
Project Budget Increases by $600 Million
Wynn Resorts also announced that the total development budget for Wynn Al Marjan Island has increased by approximately $600 million (Dh2.2 billion).
Around half of the additional expenditure is directly related to regional conflict, including higher material prices, increased shipping costs, and additional pre-opening and financing expenses resulting from the extended construction period.
The remaining increase reflects project remeasurement, trade coordination, and other construction-related costs typically associated with large-scale developments of this size.
Confidence in the UAE Market Remains Strong
Despite the revised opening date and higher investment, Wynn Resorts remains optimistic about the UAE’s tourism and hospitality sector.
Billings, who recently visited the UAE to inspect construction progress, said business activity in Dubai remained vibrant.
“My flights were full, and day-to-day activity in Dubai was healthy. We continue to believe this will be the most exciting integrated resort opening globally in over a decade, and we remain fully committed to and confident in the UAE,” he said.
Wynn’s Investment Continues
Wynn Resorts owns a 40 percent stake in the joint venture developing Wynn Al Marjan Island.
During the latest reporting period, the US-based hospitality and gaming company invested an additional $48.1 million (Dh176.5 million) into the project, bringing its total cash contribution to approximately $1.06 billion since construction began.
Once completed, Wynn Al Marjan Island is expected to become one of the UAE’s most significant tourism developments, featuring luxury hotels, entertainment venues, premium dining, retail outlets, and leisure attractions, positioning Ras Al Khaimah as a major global hospitality destination.
