Dubai real estate market seeing massive Chinese investment ahead of casino opening

In early 2027, the UAE’s first legal casino will start operating at the Wynn Resort in Ras Al Khaimah. The country is already attracting investors from all over the world, and the opening of gambling facilities will increase interest among potential buyers.

Since the announcement of the launch of the casino, Chinese investment in the area has skyrocketed 130%. Historically, Chinese investors have been attracted to destinations with legal gambling and casinos, which, until now, excluded the UAE. Chinese investors also prefer acquiring real estate that is more spacious and can be paid in cash, options that attracted the Chinese to Dubai even before news of the casino.

Legal gaming in Dubai has the potential to significantly boost tourism to the area, benefitting homeowners and investors alike. Not to mention the fact that the legal framework for licensing and opening the casino in Ras Al Khaimah also sets the stage for future casinos and gambling establishments to be opened all around the emirate. In addition to an increased demand for rental properties, areas with casinos can expect their hospitality, transportation, service, retail and lifestyle industries to see major developments as well.