A Filipino real estate agent, has achieved a career milestone with the sale of a luxurious penthouse in Marjan Island, Ras Al Khaimah, for AED 17,148,750. This landmark deal highlights the region’s booming property market, particularly in areas surrounding the upcoming Wynn Al Marjan casino, the UAE’s first-ever gaming facility.
The penthouse, located in Danah Bay, spans 5,716.28 square feet and offers breathtaking views of the Arabian Gulf, the island, and the Wynn Casino. Equipped with state-of-the-art features, including smart home technology, private beach access, and floor-to-ceiling windows, the property represents the pinnacle of luxury living in Ras Al Khaimah.
Aquino Plotado expressed pride in being part of this historic transaction. “The Marjan Island area is rapidly gaining global attention, especially with the opening of the casino, which will undoubtedly elevate the demand for high-end properties,” Plotado said.
The casino project, valued at $5.1 billion, is set to transform the UAE’s entertainment and tourism landscape, attracting international tourists and high-net-worth individuals to Ras Al Khaimah. This development has had a ripple effect on the local real estate market, with properties near the casino seeing heightened interest from investors.
“The UAE is solidifying its status as a global tourism hub, and Ras Al Khaimah is emerging as a top destination for luxury investments,” Plotado added.
