When Singapore legalised casinos in 2005, the Marina Bay area experienced a major pre-construction and speculative boom, with prices per square foot increasing by around 100% to 150% between 2004 and 2007.

That was before Marina Bay Sands became the global landmark it is today.

A similar pattern happened in Macau.

Before Wynn Macau opened in 2006, property prices in the surrounding area increased by 82.6% between 2002 and 2006.

Then, following the success of Macau, Wynn Palace opened in 2016, the area saw a further post-opening surge, with property prices reportedly by around 35% to 40% between 2016 and 2019.

And finally when Wynn Las Vegas opened on April 28 2005, median home prices across the Las Vegas metropolitan area more than doubled (increasing by over 100%) during its multi-year planning and construction cycle.

The point is simple.

Large-scale tourism and gaming destinations do not just create hotel demand.

They can completely change how an area is valued.

And with Al Marjan Island, we are before the main event.

These investment opportunities only come around once every decade.

This is the LAS VEGAS of the MIDDLE EAST.