MGM Resorts International has confirmed that construction of its three luxury hotel properties in Dubai remains firmly on schedule, with an anticipated opening set for the third quarter of 2028. The announcement came directly from President and CEO Bill Hornbuckle during the company’s Q4 2025 earnings call with financial analysts.
The project represents a significant expansion for the Las Vegas-based hospitality giant through a non-gaming management agreement with Dubai’s Wasl Hospitality. The development will introduce three of MGM’s premier brands – Bellagio, Aria, and MGM Grand – to the Emirates’ luxury hospitality market, though notably without gaming facilities.
This development marks MGM Resorts as the second U.S.-based hotelier and gaming operator to secure operational licensing within the UAE. Wynn Resorts previously obtained the first license to operate an integrated gaming resort, Wynn Al Marjan, in Ras Al Khaimah, scheduled to commence operations next year.
The UAE’s hospitality sector has demonstrated remarkable growth over the past five years, driven by increasing tourist arrivals and the emerging trend of staycations. Recent data from the Ministry of Economy and Tourism reveals impressive performance metrics, with hotel revenues reaching Dh12.5 billion during the latest “World’s Most Beautiful Winter” campaign. The sector welcomed approximately 5 million hotel guests, representing a 5% increase from the previous year, while occupancy rates climbed to 84%.
Industry analysts note that Dubai, Abu Dhabi, and Sharjah have emerged as preferred 2026 holiday destinations for travelers from Germany, Switzerland, Canada, and South Korea. According to Skyscanner’s 2026 Travel Trends Report, modern travelers are increasingly seeking authentic experiences beyond traditional tourist hotspots, favoring destinations that offer fresh and unique accommodation experiences.
The expansion coincides with strong financial performance for MGM Resorts, which reported consolidated net revenues of $4.6 billion in Q4 2025 – a 6% increase compared to the same period last year. Net income attributable to the company reached $294 million, substantially higher than the $157 million recorded in the prior year quarter.