TravTalk India Online Magazine
Abdulla Abdooli, Chief Executive Officer, Marjan – the master developer of freehold properties in Ras Al Khaimah, shares updates on an exciting new project it is currently developing within Al Marjan Island.
Hazel Jain
Abdulla Abdooli, Chief Executive Officer of Marjan, was recently in India to explore opportunities with investors, developers and institutional funds who would be interested in participating in the real estate development in the Emirate of Ras Al Khaimah. He shares, “Marjan would like investors to explore the success story of Al Marjan Island in Ras Al Khaimah, to build their own real estate model whether it is a hotel, resort, service apartments, residential apartment and other F&B products.” Sharing how Ras Al Khaimah’s hospitality sector has been growing, Al Abdouli says, “Ras Al Khaimah is a destination in itself. A lot of visitors come to enjoy the topography. We are proud to have Jebel Jais – the highest mountain in the UAE – as well as the famous sandy dunes and beautiful white-sand beaches.
Wynn Integrated Resort
Marjan, RAK Hospitality Holding and Wynn Resorts are working together to develop the first Wynn Resort in the Middle East. The multi-billion-dollar resort will be a product that will be a game-changer not just for Ras Al Khaimah but for the entire region.
The integrated resort will be developed with significant foreign direct investment by Wynn Resorts. As the largest project of its kind in the Emirate’s growing hospitality sector, it will create substantial value for the local economy by accelerating tourism, creating jobs, and energising the growth of related sectors.
The development is the first beach resort being developed by Wynn Resorts globally. The current scope includes more than 1,000 rooms, high-end shopping mall, state-of-the-art meeting and convention facilities, a spa, more than 10 restaurants and lounges, a wide array of entertainment choices, a gaming area, and other amenities.
