The Next Dubai?

Villas in the Butain Al Samer district of Ras Al Khaimah, about 45 minutes from Dubai’s international airport. — Villas in the Butain Al Samer district of Ras Al Khaimah, about 45 minutes from Dubai’s international airport.
Photographer: Christopher Pike/Bloomberg

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By Ben Bartenstein

July 10, 2023 at 2:23 PM UTC

The United Arab Emirates has seen one of the world's biggest net inflows of wealthy individuals this past year, and a now a lesser known territory wants in on the action.

Ras Al Khaimah, the UAE's northern-most emirate, is pitching itself as the new haven for billionaires. Central to the push is a $3.9 billion gaming resort planned by Las Vegas-based Wynn Resorts as well as a citizenship-by-investment program.