RAK'S INTRODUCTION OF LEGAL GAMING POSES A NEW CHALLENGE TO DUBAI'S REAL ESTATE MARKET
Ras Al Khaimah is set to introduce the UAE's first legal casino, a sprawling 18,500 sq m complex forming part of a luxury resort by Wynn Resorts on Al Marjan Island. Anticipation around this development has triggered increased real estate activity, drawing in reputable developers previously absent in the emirate. The casino's presence is expected to reshape the local real estate landscape, attracting a surge in tourists and investors, particularly in residential properties. The government's establishment of the Ras Al Khaimah Department of Entertainment and Gaming Regulation further signals the emirate's commitment to becoming a premium destination.