UAE Property: the Wynn Al Marjan Island Complex

UAE property: the Wynn Al Marjan Island complex

This ultra-luxury complex, worth more than $3.9 billion, will be Wynn Resorts' first gaming resort in the region. It is being built on the man-made Al Marjan archipelago in the Persian Gulf, a 45-minute drive from Dubai.

The project promises to attract not only local and regional residents but also tourists from around the world seeking a unique, one-of-a-kind getaway.

The resort will offer all the modern amenities expected by guests of the world's top hotels. Guests will be offered 1,500 luxury rooms, suites, and villas, each designed to the highest standards of comfort and style. The residences' interiors will be custom-built, reflecting the most refined architectural and design solutions.

In addition, guests will be able to rent townhouses with private pools and gardens, offering unforgettable privacy and relaxation.

Besides luxury accommodation, Wynn Al Marjan Island will offer guests a broad range of entertainment and amenities, including:

• a spacious gaming area;
• 24 restaurants and lounges;
• an innovative spa and wellness center;
• an upscale shopping esplanade;
• a state-of-the-art event venue.

The developer also plans to build a theater within the elite complex featuring a unique light and laser show that will add a special touch to evenings at the resort.

The project's creators paid close attention to preserving the natural beauty of the surroundings, incorporating elements of the natural landscape into the resort's design. The man-made oasis will be harmoniously integrated into the ecosystem of the Ras Al Khaimah islands, preserving their untouched, unique character.

The project is scheduled to be completed in 2027, but you can invest in the luxury apartments and secure eligibility for resident status today.

Why buy property in the UAE

Buying property in the UAE has numerous advantages that attract investors from around the world.

First, high returns on investment (ROI) allow for a quick payback on capital. Depending on the property and its location, the yield can be 8-9% in Dubai and around 8% in Abu Dhabi. For comparison: in Moscow, the payback period for residential property investment exceeds 20 years, whereas in Dubai it takes just 8-13 years. In the context of real estate, that is a fast result that supports steady income and long-term financial gain.

Another significant advantage is the absence of taxes in the UAE. Unlike the US and the UK, where the tax burden on business and property can be very high, the Emirates offer a zero business tax. This makes the UAE an attractive country for entrepreneurs, who often relocate their companies here along with 100-150 employees. A tax-free country with a stable and secure economy creates comfortable conditions for running a business and for living.

Moreover, buying property in the UAE opens up the possibility of obtaining a 10-year Golden Visa. This requires purchasing a property worth at least 2 million dirhams (approximately $545,000), paying for it from your own funds, and buying an already-completed property.

Along with the applicant, the following family members also receive the visa:

• spouse;
• sons up to 25 years old;
• unmarried daughters, regardless of age.

A UAE resident visa opens up a wide range of opportunities, largely comparable to residence permits in European countries: freedom of movement, the ability to run a business, access to education and healthcare, and the ability to open bank accounts and take out loans.

In short, buying property in the UAE is a strategically sound step, delivering both a strong return on investment and broad social and economic privileges.