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Side-by-side, facts only.

Compare two active projects on verifiable facts — developer, ownership structure, asset class, handover date, ownership type, tax treatment. No projections or recommendations on this page (those live in the gated brochures).

Market

Ras Al Khaimah

Abu Dhabi

Developer

Multiple developers · Wynn Resorts anchor

Modon Holding

Developer ticker

ADX:MODON

Asset class

Integrated-resort-adjacent residences + holiday-let villas

Off-plan villas · sovereign-backed island golf community

Status

launching

live

Edition

Brochure in research · Q3 2026 publish target

May 2026

Brochure

0 pages

14 pages

Resort anchor

Wynn Resorts (World's leading integrated-resort operator)

Resort scale

~$3.9 billion commitment (Per Wynn public disclosures)

Keys

~1,500 hotel keys (At Wynn flagship)

Opening target

2027

Licence

UAE federal gaming licence (First in the country)

Location

Al Marjan Island, Ras Al Khaimah

Hudayriyat Island, Abu Dhabi

Ownership

100% freehold (All nationalities)

100% freehold (All nationalities)

Tax

0% income · 0% CG · 0% property

0% income · 0% CG · 0% property

Connectivity

~75 km from DXB airport (Sheikh Mohammed Bin Zayed Rd)

Golden Visa

Qualifies from AED 2M purchase

Qualifies from AED 2M purchase

Developer

Modon Holding (ADX-listed (MODON))

Sovereign ownership

ADQ 38.7% + IHC 19.4% (= 58.1%)

Architecture

Andalusian-inspired

Anchor

18-hole PGA golf course

Handover

September 2030 (Year 5)

Escrow bank

ADCB (Segregated trust account)