Award-winning Wynn Resorts is moving forward with its first project on the land bank next to its $5.1 billion Wynn Al Marjan Island resort in the UAE. 

Wynn to Hold 40% Stake 

Called Janu Al Marjan Island, the new development will feature 132 hotel rooms along with a small selection of residences and standalone villas, aiming to appeal to high-end buyers and guests.

Ama Group will handle the impressive project under the ownership of the same joint venture behind Wynn Al Marjan Island. Wynn holds a 40% stake, while local partners Marjan LLC and RAK Hospitality Holdings LLC own the remaining 60%. 

Wynn expects to contribute between $25 million and $50 million to the development, which will be managed by the existing Wynn Al Marjan Island team. The company anticipates the project will bolster earnings, noting strong condo sales in the UAE and the quality of residents likely to be drawn to the property.

Janu’s High Quality Customers, “Additive” to the Island

“Beyond the standalone merits of the transaction, we also expect Janu’s high quality customers will be additive to Wynn Al Marjan Island,” said Wynn Resorts CEO Craig Billings. “With the Marjan land bank we have significant additional long term development opportunities in the UAE.”

Billings also provided updates on Wynn Al Marjan Island itself, revealing that concrete is being poured on the final two floors, with the tower expected to rise by the end of the year. 

As of now, the integrated resort remains on schedule for a 2027 opening, and marketing is already underway for VIP clients, with senior management focusing on one-to-one engagement. 

Billings explained, “Mass marketing and mass communication you obviously roll out much closer to the actual opening because to create awareness at this point, you’re so far from consideration and conversion that it really doesn’t do you much good. But we are actively marketing to the folks that we want in the building on a one-to-one basis and you should expect to see a lot more on the mass marketing side as 2026 progresses.”

Ex-Aspinall Casino Acquisition, an Inspiration

He also reflected on insights from Wynn’s recent purchase of the former Aspinall’s casino in Mayfair, London, saying, “Mayfair has been very interesting with an extremely high overlap between the Mayfair database and the database that we expect in that part of the world. We’ve learned a whole lot around game preference, reinvestment expectations, and the competitive dynamics in other parts of that region, and it’s really been very, very instructive to what we’re going to do in Wynn Al Marjan Island.”

Billings also took the opportunity to emphasize the resort’s unique position in the UAE, pointing out it will be the country’s only casino-integrated resort when it opens. 

“Our future continues to be bright. The opening of Wynn Al Marjan Island and the free cash flow inflection that will bring gives us confidence that our best days lie ahead,” he said, highlighting the project’s potential in a market analysts predict could reach $5 billion in gross gaming revenue.