Al Marjan Island is a cluster of coral-shaped islands in RAK and a part of the region's rapidly developing tourism and real estate sector. Al Marjan Island is known for its luxury hotels and resorts, offering visitors a range of accommodation options with stunning views of the Arabian Gulf. It features pristine beaches, providing opportunities for leisure and water activities. The fourth-largest of the seven Emirates, Ras Al Khaimah (RAK), aims to attract over 3.5 million tourists each year by 2030, up from 1.3 million in 2024. US and Hong Kong-listed integrated casino and hotel operator Wynn Resorts is set to open a casino there, the first in the UAE, in the first quarter of 2027. The development is poised to create a surge in demand for real estate in Ras Al Khaimah. Anticipated as a major tourist magnet, the resort is likely to stimulate real estate development, leading to increased property values and a dynamic real estate market in the emirate.