Al Marjan Island branded residences: W, Jacob & Co and Sheraton next to Wynn, delivering 2027–2028

In three years Al Marjan Island in Ras Al Khaimah has become a shop window for hotel brands, and the reason is a single building: Wynn Al Marjan Island. In August 2026 Wynn Resorts confirmed a September 2027 opening, later than the spring date it had held since 2024, with the construction budget up by roughly USD 600m to about USD 5.7bn. Around the resort, developers have sold residences carrying the W, Jacob & Co and Sheraton names, and nearly all of them complete in the same window, late 2027 to 2028.

Three brands and one unbranded building

Project	Developer	Product	Delivery
W Residences Al Marjan Island	Dalands Holding with Marjan	1–2 bed apartments, duplexes, a beach mansion; from AED 1m	Q4 2027
Jacob & Co Residences	Mantra Properties	223 units, studios to 2 beds; from AED 1.01m	2027–2028, sources differ
The Residences at Sheraton Al Marjan Island	ATARA Development	141 furnished units, studios to 2 beds	Q3 2028
Park Beach Residences 2	DECA Properties	studios, 1–2 beds, some with plunge pools	2027

W arrives under a 2023 agreement between Marriott International and Dalands Holding; the roughly 300-key hotel will be the brand’s fourth in the UAE. Jacob & Co Residences is the jeweller’s third residential scheme in the country, after Burj Binghatti Jacob & Co Residences in Dubai and Jacob & Co Beachfront Living in Abu Dhabi. For India’s Mantra Properties it is a first Middle East project, valued at AED 400m; the developer reports more than AED 300m of sales in the first 12 hours. Sheraton’s scheme with ATARA is the brand’s first residential product in the Gulf.

What the brand actually buys you here

On Al Marjan the buyer is almost always an investor, and the income will come from short lets. The logo matters less than the rental arrangement: whether the unit joins a hotel-run pool, what share the operator keeps, and whether you may let it yourself. W and Sheraton will have an operating hotel of the same brand next door; Jacob & Co is a design and service concept on a residential building. They are different products, even when they sit side by side in marketing.

Unbranded Park Beach Residences 2 is a useful comparison. Its selling point is a three-year post-handover plan, half during construction and half after keys. That eases cash flow but shifts risk to the buyer: if 2028 rents disappoint, the instalments are still due.

The real risk is simultaneous delivery

Much of what was sold on the back of the casino news completes in 2027–2028, and Wynn alone adds more than 1 500 rooms and suites. Rental demand arrives with the casino, but in the first seasons supply may run ahead of it. So treat advertised yields with care:

• get the rental-management terms in writing before paying a reservation fee;
• compare price per square foot with completed buildings on the island, not with neighbours’ launch lists;
• allow for the first year after handover to go on furnishing and finding the market;
• check whether the building will be ready when the casino opens — delivery dates differ by two or three quarters between sources.

Ras Al Khaimah is also a separate market with its own land department and procedures; Dubai experience does not transfer wholesale. For another brand already under construction on the island, see Fairmont Residences Al Marjan Island.

Why the casino’s opening date matters more than any single brand — our analysis of the UAE gaming industry and Wynn Al Marjan.