WYNN · News · 20260804N
UAE Resort Capital Expenditure
WYNN RESORTS LTD · 2026-08-04 · Importance 52 · Surprise 42
Wynn Al Marjan Island in Ras Al Khaimah, United Arab Emirates, is expected to open in September 2027. The integrated resort's construction budget increased by $600 million to approximately $5.7 billion, or about $5.8 billion in some reports. The increase reflects higher material and shipping costs, capitalized interest, Middle East conflict-related disruptions, and the extended construction timeline. The project is a joint venture and had 425 team members hired as interior fit-out work progressed.
Key facts
- Wynn Al Marjan Island project budget reported as $5.8 billion in company disclosures/coverage. source