The Island by Wasl
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In fact the tender has been issued three days ago.

Not much happened since May 2022. I got access to the site and it seems like they are still preparing most of the terrain and added some foundation structures. The security told me that tendering will start March 2023.

From MGM International earnings call (August 3):

in the U.A.E, we continue to make progress on bringing the MGM brand family to Dubai, where we have a management agreement for a nongaming integrated resort that has been developed in partnership with Wasl.

The project has broken ground and work continues on the development progress, and we will watch with great interest what does or doesn't happen around gaming in the region, hopefully, in the near future.

https://www.fool.com/earnings/call-transcripts/2022/08/03/mgm-resorts-international-mgm-q2-2022-earnings-cal/

More concept pictures of The Island by Wasl:





https://www.protenders.com/companies/wasl/projects/mgm-hotel-residences-bellagio-hotel

As the construction supervisor said the work is ongoing (pic 1). Lorries are leaving the site form time to time (pic 2). He also confirmed that the info on the board (at the entrance) is correct except for the 12/2021 date (pic 3). Even though it seems like there is nothing going on when we take a look at the construction from the outside (pic 4) we all know the truth now

Mirage global offers a different picture of the completed Island by Wasl project to what was proposed earlier by Vice President and Prime minister of UAE and ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum. The difference is in the centrical red circle structure. It is no longer on top of the central construction but positioned lower in between the surrounding hotel buildings. Also the color proposed is different. Now it's illustrated as blue, not red.

Current construction update:

Went to the construction site of The Island by Wasl and I got to take some construction photos from the public beach and mall nearby