News
30 Nov 2023
Vegas-Style Island Coming Soon in Jumeirah Coastline
Get ready to experience the ultimate entertainment in Dubai, as a Dubai property developer has officially confirmed the construction of a 10.5-hectare “The Island Project” to bring the splash of Las Vegas to the UAE.
Dubai Developer Wasl Properties unveiled their plans to bring the glitz of Las Vegas to the coastlines of Jumeirah Beach. The developer awarded an AED 4.4 billion contract to the China State Construction Engineering Corporation to build the Las Vegas in Jumeirah Beach. This is one of the largest construction deals awarded to date, with a whopping cost of AED 4.4 billion. Named the Island project, it’s all set to welcome the iconic Las Vegas Hotels as MGM, Bellagio, and Aria; this trio is well-known for Vegas hospitality and casino experience. Featuring an array of world-class hotels, casinos, entertainment venues, and fine dining venues, The Island will take visitors into the land of Las Vegas, the dazzling city of entertainment.
The Island in Dubai
The Island project is set to become a landmark destination in Dubai, with its unique blend of entertainment, gaming, dining, and hospitality. “We are extremely excited to experience the spirit of Las Vegas in Jumeriah. This project will represent a new era in entertainment and hospitality,” says Tarlan Musaev, the CEO of MTR Properties.
MTR Properties, a leading real estate company in Dubai, has positioned itself as a go-to source for investors seeking investment advice to capitalize on the Vegas-style development. Our professional consultant team assists investors in achieving their real estate goals in the Dubai market by providing valuable insights on market trends. This has established us as a trusted partner for investors and homeowners alike.
Earlier this year, in 2023, the UAE announced the establishment of a General Commercial Gaming Regulatory Authority (GCGRA), which will implement specific regulations for lottery and commercial gaming inside the country. Despite this, the UAE’s first casino is expected to open in Ras Al Khaimah in 2026. Dream Island in RAK is now preparing for the grand opening of a 1500-room Wynn Resort, another Las Vegas Brand with a fully licensed casino.
With the official declaration of the Island Las Vegas project in the Jumeirah coastlines, the time is now to be a part of this stunning development. Explore the investment potential available to have an extraordinary lifestyle by connecting with us. Invest now in Dubai’s Vegas-inspired project and be ready to enjoy a lifestyle of luxury & entertainment.
For more updates, stay tuned with us!