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Wynn Resorts Offers Construction Update of Wynn Al Marjan Island

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Wynn Resorts provided a construction update on Wynn Al Marjan Island, its first integrated resort in the UAE. Located 50 minutes from Dubai International Airport, the project is 55% complete in structural concrete, with the main tower reaching the 26th floor. The resort will feature 1,542 rooms, with 1,121 rooms already structurally complete. Current progress includes fit-out work in 820 rooms and the start of elevator installation. The property will house 22 dining venues, a nightclub, beach club, extensive poolscape, 15,000-square-meter shopping area, spa, and a 7,500-square-meter events center. With 9,100 workers onsite, the project remains on track for a Q1 2027 opening.

Wynn Resorts ha fornito un aggiornamento sui lavori di costruzione del Wynn Al Marjan Island, il suo primo resort integrato negli Emirati Arabi Uniti. Situato a 50 minuti dall'Aeroporto Internazionale di Dubai, il progetto è completato al 55% in calcestruzzo strutturale, con la torre principale che ha raggiunto il 26° piano. Il resort presenterà 1.542 camere, di cui 1.121 già completate strutturalmente. I progressi attuali includono i lavori di finitura in 820 camere e l'inizio dell'installazione degli ascensori. La proprietà ospiterà 22 ristoranti, una discoteca, un beach club, un'ampia area piscine, un'area commerciale di 15.000 metri quadrati, una spa e un centro eventi di 7.500 metri quadrati. Con 9.100 lavoratori in loco, il progetto è ancora in linea per un'apertura nel Q1 2027.

Wynn Resorts proporcionó una actualización sobre la construcción del Wynn Al Marjan Island, su primer resort integrado en los Emiratos Árabes Unidos. Ubicado a 50 minutos del Aeropuerto Internacional de Dubái, el proyecto está un 55% completo en concreto estructural, con la torre principal alcanzando el 26° piso. El resort contará con 1,542 habitaciones, de las cuales 1,121 ya están estructuralmente finalizadas. Los avances actuales incluyen trabajos de acabado en 820 habitaciones y el inicio de la instalación de ascensores. La propiedad albergará 22 locales de comida, una discoteca, un club de playa, una extensa área de piscinas, un área comercial de 15,000 metros cuadrados, un spa y un centro de eventos de 7,500 metros cuadrados. Con 9,100 trabajadores en el sitio, el proyecto sigue en camino para una apertura en el Q1 2027.

윈 리조트윈 알 마르잔 아일랜드의 건설 진행 상황을 업데이트했습니다. 이곳은 아랍에미리트에서의 첫 번째 통합 리조트입니다. 두바이 국제공항에서 50분 거리에 위치하며, 이 프로젝트는 구조 콘크리트로 55% 완료되었고, 주요 타워는 26층에 도달했습니다. 리조트는 1,542개의 객실을 갖추고 있으며, 그 중 1,121개가 이미 구조적으로 완료되었습니다. 현재 진행 상황에는 820개의 객실에서의 내부 마감 작업 및 엘리베이터 설치 시작이 포함됩니다. 이 시설은 22개의 식당, 나이트클럽, 비치 클럽, 넓은 수영장, 15,000 제곱미터의 쇼핑 공간, 스파 및 7,500 제곱미터의 이벤트 센터를 갖게 됩니다. 현장에는 9,100명의 작업자가 있으며, 이 프로젝트는 2027년 1분기 개장을 목표로 하고 있습니다.

Wynn Resorts a fourni une mise à jour sur l'avancement des travaux de construction du Wynn Al Marjan Island, son premier complexe intégré aux Émirats Arabes Unis. Situé à 50 minutes de l'aéroport international de Dubaï, le projet est achevé à 55 % en béton structurel, avec la tour principale atteignant le 26ème étage. Le complexe comptera 1 542 chambres, dont 1 121 déjà structurées. Les progrès actuels incluent les travaux d'achèvement dans 820 chambres et le début de l'installation des ascenseurs. La propriété comprendra 22 lieux de restauration, une discothèque, un club de plage, un vaste espace piscine, une zone commerciale de 15 000 mètres carrés, un spa et un centre d'événements de 7 500 mètres carrés. Avec 9 100 travailleurs sur place, le projet reste sur la bonne voie pour une ouverture au T1 2027.

Wynn Resorts hat ein Update zum Baufortschritt des Wynn Al Marjan Island gegeben, seines ersten integrierten Resorts in den VAE. Das Projekt befindet sich 50 Minuten vom internationalen Flughafen Dubai entfernt und ist zu 55% in strukturellem Beton fertiggestellt, wobei der Hauptturm die 26. Etage erreicht hat. Das Resort wird 1.542 Zimmer umfassen, von denen 1.121 bereits strukturell fertig sind. Der aktuelle Fortschritt umfasst die Innenausbauarbeiten in 820 Zimmern und den Beginn der Aufzuginstallation. Die Anlage wird 22 Gastronomiebetriebe, einen Nachtclub, einen Strandclub, eine umfangreiche Poollandschaft, ein 15.000 Quadratmeter großes Einkaufscenter, ein Spa und ein 7.500 Quadratmeter großes Veranstaltungszentrum beherbergen. Mit 9.100 Arbeiter vor Ort bleibt das Projekt auf Kurs für eine Eröffnung im Q1 2027.

Positive
  • Construction progress on schedule for Q1 2027 opening
  • 55% of structural concrete complete
  • 73% of total guest rooms structurally complete (1,121 of 1,542)
  • First integrated gaming resort in MENA region, indicating potential market leadership
  • Strategic location near Dubai International Airport
Negative
  • None.

Insights

The construction progress of Wynn Al Marjan Island demonstrates strong execution with 55% structural concrete completion and efficient vertical development at one floor per week. The scale of operations, with 9,100 construction workers and 100+ concrete trucks daily, indicates robust project management and resource allocation. The 1,542-room property's development timeline remains on track for Q1 2027, with 73% of room structures already completed.

The project's strategic location near Dubai, combined with extensive amenities including 22 dining venues, 15,000 square meters of retail space and a 7,500 square meter event center, positions it well for the luxury tourism market. As the first integrated gaming resort in MENA, it represents a significant first-mover advantage in an untapped market with high-net-worth demographics.

An On Time Opening in Q1 2027 Anticipated

RAS AL KHAIMAH, United Arab Emirates--(BUSINESS WIRE)-- Wynn Resorts, Limited (WYNN) offered an update today on the construction progress of its newest resort, Wynn Al Marjan Island, the first integrated resort in the United Arab Emirates. Wynn Al Marjan Island is located 50 minutes from the Dubai International Airport in the emirate of Ras Al Khaimah.

Wynn Al Marjan Island, November 21, 2024 (Photo: Business Wire)

Wynn Al Marjan Island, November 21, 2024 (Photo: Business Wire)

Construction has proceeded as planned with 55% of the structural concrete now complete. The concrete structure is complete up to the 26th floor of the main resort tower, with walls extending to the 29th floor. The construction team is completing one floor per week, working toward a topping off in December 2025. In the last 100 days, the resort tower grew by 44 meters.

Wynn Design and Development (WDD), employing more than 90 talented architects, designers, and creative visionaries, is overseeing all facets of the project’s design and development. Wynn Resorts is unique in that it maintains its own full-service design and architectural team.

There are currently 9,100 construction team members onsite, and more than 100 concrete trucks in place on the site per day.

The resort will offer 1,542 rooms and well-appointed suites. To-date, the tower structure has been completed for 1,121 guest rooms, or 73% of the total. Fit out is underway in approximately 820 rooms – including walls, floors, and ceilings, as well as all mechanical, electrical, and plumbing services. The elevator and escalator installation also began this month.

Wynn Al Marjan Island will create a new category of luxury in the region through its unique collection of experiences. The twenty-two restaurants, lounges, and bars will range from high-energy social destinations to fine dining. Contributing to the atmosphere, a nightclub featuring the legendary “Only At Wynn” line-up of world-renowned DJs and a beach club will be situated on its own white sand beach on the Arabian Gulf. There will be an extensive poolscape adjacent to the beach with multiple swimming and wading pools, water features, private cabanas, and tropical landscaping covering 3.6 hectares.

The resort will also include a 15,000-square-meter shopping promenade filled with the world’s top luxury boutiques, a five-star spa, and a salon. The 7,500-square-meter meetings and events center, along with a theater, will offer exciting parties, events, and bespoke entertainment experiences.

Wynn Resorts is developing the project in partnership with Marjan and RAK Hospitality Holding. It is anticipated to be the first integrated gaming resort in the Middle East North Africa (MENA) region.

About Wynn Resorts:

Wynn Resorts, Limited is traded on the Nasdaq Global Select Market under the ticker symbol WYNN and is part of the S&P 500 Index. Wynn Resorts owns and operates Wynn Las Vegas (wynnlasvegas.com), Encore Boston Harbor (encorebostonharbor.com), Wynn Macau (wynnmacau.com), and Wynn Palace, Cotai (wynnpalace.com).

Wynn and Encore Las Vegas consist of two luxury hotel towers with a total of 4,748 spacious hotel rooms, suites, and villas. The resort features approximately 194,000 square feet of casino space, 20 signature dining experiences, 14 bars, two award-winning spas, approximately 513,000 rentable square feet of meeting and convention space, approximately 177,000 square feet of retail space as well as two showrooms, two nightclubs, a beach club, and recreation and leisure facilities, including Wynn Golf Club, an 18-hole championship golf course.

Encore Boston Harbor is a luxury resort destination featuring a 210,000-square-foot casino, 671 hotel rooms, an ultra-premium spa, specialty retail, 14 dining and lounge venues, a nightclub and approximately 71,000 square feet of state-of-the-art ballroom and meeting spaces. Situated on the waterfront along the Mystic River in Everett, Massachusetts, the resort has created a six-acre public park and Harborwalk along the shoreline. It is the largest private, single-phase development in the history of the Commonwealth of Massachusetts.

Wynn Macau is a luxury hotel and casino resort located in the Macau Special Administrative Region of the People's Republic of China with two luxury hotel towers with a total of 1,010 spacious rooms and suites, approximately 294,000 square feet of casino space, 14 food and beverage outlets, approximately 31,000 square feet of meeting and convention space, approximately 64,300 square feet of retail space, and recreation and leisure facilities including two opulent spas, a salon and a rotunda show.

Wynn Palace is a luxury integrated resort in Macau. Designed as a floral-themed destination, it boasts 1,706 exquisite rooms, suites and villas, approximately 468,000 square feet of casino space, 14 food and beverage outlets, approximately 37,000 square feet of meeting and convention space, approximately 107,000 square feet of designer retail, SkyCabs that traverse an eight-acre Performance Lake, an extensive collection of rare art, a lush spa, salon and recreation and leisure facilities.

Media Contact:

Michael Weaver, Chief Communications and Brand Officer, Wynn Resorts

Michael.weaver@wynnresorts.com, +1-702-770-7501

In Dubai, UAE:

The Romans, Wynn Al Marjan PR Partner

WynnAlMarjanPR@wearetheromans.com

Source: Wynn Resorts, Limited

FAQ

When will Wynn Al Marjan Island (WYNN) open?

Wynn Al Marjan Island is scheduled to open in Q1 2027, with construction currently proceeding on schedule.

How many rooms will Wynn Al Marjan Island (WYNN) have?

The resort will offer 1,542 rooms and suites, with 1,121 rooms already structurally complete.

What is the current construction progress of Wynn Al Marjan Island (WYNN)?

The project is 55% complete in structural concrete, with the main tower reaching the 26th floor and walls extending to the 29th floor.

What amenities will Wynn Al Marjan Island (WYNN) feature?

The resort will include 22 restaurants and bars, a nightclub, beach club, poolscape, 15,000-square-meter shopping promenade, spa, and a 7,500-square-meter events center.

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