Many investors and homebuyers often ask why they should invest in JW Marriott Residences Al Marjan Island in Ras Al Khaimah (RAK) instead of opting for Dubai. The answer lies in the huge potential and visionary developments shaping RAK today, reminiscent of Dubai a decade ago. With significant investments flowing into infrastructure and luxury developments, the emirate is on track to becoming a premier destination.
UAE’s Emerging Premium Travel Destination
In 2023, RAK saw an impressive 28% increase in international tourist arrivals, reaching 1.22 million visitors. This momentum is expected to continue, with projections reaching 1.35 million in 2024. By 2030, the emirate aims to host 3.5 million overnight tourists annually.
As a result, the emirate plans to quadruple its hotel room offerings and triple its visitor numbers by 2030. This initiative aims to bolster RAK’s presence in the regional hospitality industry, making it a formidable competitor. This bold strategy aims to reshape its tourism sector and draw worldwide attention.
In brief, RAK is setting the stage to become a key player in the UAE’s luxury travel sector. So, the northern emirate is charting a new course with plans for new upscale hotels, residential developments, expanded airport amenities, and an innovative gaming resort.
The Wynn Resorts RAK Phenomenon
Central to RAK’s expansion is the Wynn Resorts, a sprawling 62-hectare project. This resort is set to feature 1,500 hotel rooms and the nation’s first official gambling establishment. The Wynn Al Marjan Island is not just a hotel; it’s a beacon for the emirate’s future development plans.
The UAE’s General Commercial Gaming Regulatory Authority (GCGRA) is currently reviewing the gaming license for this monumental project. Its approval will mark a significant milestone, positioning RAK as a new gaming destination in the Middle East.
RAK: A Budding Hub of Luxury and Growth
Currently, Ras Al Khaimah mirrors where Dubai was years ago, bustling with opportunities and emerging developments. The introduction of upscale hotels and residences marks a pivotal shift, promising robust growth in the region. Among these exciting developments, JW Marriott Residences Al Marjan Island shines as a beacon of luxury and strategic investment. The newly ground-broken development is just a minute away from Wynn Resorts.
Unrivaled Location and Potential for Growth
Above all, JW Marriott Residences holds the prime spot among all the upcoming projects on Al Marjan island.
Its proximity to major attractions, including the Wynn Resorts, positions it as a top choice for equity growth and investment returns. With a remarkable 50% increase in real estate prices last year, experts now predict a further 25% rise in Ras Al Khaimah in 2024.
According to a recent Bayut report, Al Marjan Island is a favored choice among homebuyers looking for flats in the emirate. So, if you’re thinking about purchasing a property in Dubai, it’s time to reconsider your options. WHY?
The newly groundbreaking development promises more returns than a property in Dubai. So expect more than merely enjoying views of a bay sprinkled with superyachts and living a lifestyle that matches global luxury standards.
And what could be more enticing than living in your dream home with a JW Marriott touch, all within a beachfront setting?
Distinction of JW Marriott Residences Al Marjan Island
JW Marriott stands at the pinnacle of the Marriott brand’s portfolio, renowned for its commitment to hospitality and classic luxury. Known for providing mindful experiences that enrich the mind, body, and soul, JW Marriott creates inspiring spaces that enhance well-being. This unmatched level of service and attention to detail makes JW Marriott a top choice for travelers worldwide.
Now, imagine calling a place home where JW Marriott thoughtfully curates every detail in association with WOW Resorts. That’s right—Wow Resorts is a renowned developer with a broad portfolio of hospitality developments in the US. Those seeking a luxurious escape can be assured of high-quality, fully furnished accommodations.
Exclusive Lifestyle and Leisure Opportunities
JW Marriott Residences Al Marjan Island, the third of its kind globally, offers luxury living in an idyllic setting. Residents can enjoy white sandy beaches, turquoise waters, and stunning sunsets. This is more than a residence; it’s a lifestyle choice that offers daily relaxation and luxury.
The island lifestyle is complemented by an array of activities and amenities. Residents can dine at seven fine dining restaurants, dance at the on-site nightclub, or unwind in the wine room or beach bar. For sports enthusiasts, a golf simulator and pedal court offer leisure activities within the community.
Families will appreciate the dedicated kids’ play areas and a kids’ swimming pool. Additionally, the largest temperature-controlled man-made lagoon in the UAE ensures fun and relaxation for all ages.
Conclusion
Investing in JW Marriott Residences Al Marjan Islandoffers more than just a luxury home; it’s an opportunity to be part of a visionary project in a rapidly growing region. As Ras Al Khaimah continues to develop and attract global attention, the decision to invest here looks not only promising but also strategically sound.
For those seeking a combination of luxury, comfort, and potential, JW Marriott Residences Al Marjan Islandpresents an unparalleled option in today’s real estate market. Interested in details about unit types, sizes, prices, or payment plans? Contact One Broker Group, the exclusive sales partner, before availability runs out.
