PROPERTY SLUMP

Ras Al Khaimah’s property boom fades amid war-related troubles

Years of expansion since the Wynn resort was announced have left developers with a crowded pipeline, as registered projects more than doubled

Walaa Alshaer/Bloomberg via Getty Images

The Wynn Al Marjan Island resort and casino in Ras Al Khaimah

A  property boom in the UAE emirate of Ras Al Khaimah is losing momentum as project delays, rising construction costs and the Iran war take their toll.

Years of expansion following the announcement of the Wynn Al Marjan...