The UAE's luxury real estate market has marked another major milestone as The Luxe Developers proudly announced that their landmark project, Oceano, has completely sold out. Nestled on Al Marjan Island in Ras Al Khaimah, this twin-tower development has captivated global investors and set new records for high-end residential sales in the emirate.
Breaking Records, Elevating Standards
Oceano’s sold-out status comes in the wake of the AED180 million ($49 million) sale of two of its most prestigious residences — The Celest and The Stellar, ultra-exclusive Sky Villas that collectively span over 43,000 square feet. These sales not only represent the highest-value residential transactions in Ras Al Khaimah’s history, but also signal a growing appetite for ultra-luxury coastal living outside of traditional hotspots like Dubai and Abu Dhabi.
“Oceano has reshaped the skyline of Al Marjan Island and redefined expectations for waterfront living in the UAE,” said Shubam Aggarwal, Chairman and Co-owner of The Luxe Developers. “From its architecture to its finishes, every element reflects a deep commitment to design excellence, privacy, and exclusivity.”
A First of Many Firsts
Oceano was not only The Luxe Developers’ debut project, but also a game-changer for the Ras Al Khaimah property scene. It became the first off-plan development on Al Marjan Island to offer Golden Visas to investors — a compelling incentive for global buyers seeking long-term residency in the UAE.
Each home at Oceano is a private sanctuary, offering panoramic Arabian Gulf views, secluded balconies, and a level of design precision rarely seen in the region. Designed by Dewan Architects + Engineers and with interiors curated by the iconic Hirsch Bedner Associates, the project incorporates a futuristic rotating floor layout that optimizes both aesthetics and privacy.
World-Class Amenities, Tailored for the Elite
Life at Oceano goes beyond high ceilings and sea views. Residents enjoy a suite of bespoke amenities, including:
Whether it’s for family relaxation or executive-level entertaining, Oceano offers a fully integrated luxury lifestyle experience.
Construction on Track, Vision Becoming Reality
Construction on Oceano is progressing rapidly. With enabling works completed, China State Construction Engineering Corporation Middle East has entered the advanced vertical phase. The project is on schedule for handover next year, promising a seamless transition from vision to reality.
“Our mission was to deliver timeless architecture that inspires and sustains value,” noted Siddharta Banerji, Managing Director and Co-owner. “Oceano proves that even emerging luxury markets like Ras Al Khaimah can compete on the world stage.”
What This Means for Investors
Oceano’s success signals a pivotal shift in regional real estate trends. With Ras Al Khaimah investing heavily in tourism, entertainment (like the upcoming Wynn Resort), and infrastructure, Al Marjan Island is emerging as a high-potential investment destination for those seeking beachfront elegance with long-term upside.
Final Thoughts:
Oceano isn’t just a development — it’s a statement. A statement that Ras Al Khaimah is no longer a hidden gem, but a rising beacon for ultra-luxury living. With its record-setting sales, timeless design, and global investor appeal, Oceano has carved out a unique place in the UAE’s evolving real estate narrative.
Breaking Records, Elevating Standards
Oceano’s sold-out status comes in the wake of the AED180 million ($49 million) sale of two of its most prestigious residences — The Celest and The Stellar, ultra-exclusive Sky Villas that collectively span over 43,000 square feet. These sales not only represent the highest-value residential transactions in Ras Al Khaimah’s history, but also signal a growing appetite for ultra-luxury coastal living outside of traditional hotspots like Dubai and Abu Dhabi.
“Oceano has reshaped the skyline of Al Marjan Island and redefined expectations for waterfront living in the UAE,” said Shubam Aggarwal, Chairman and Co-owner of The Luxe Developers. “From its architecture to its finishes, every element reflects a deep commitment to design excellence, privacy, and exclusivity.”
A First of Many Firsts
Oceano was not only The Luxe Developers’ debut project, but also a game-changer for the Ras Al Khaimah property scene. It became the first off-plan development on Al Marjan Island to offer Golden Visas to investors — a compelling incentive for global buyers seeking long-term residency in the UAE.
Each home at Oceano is a private sanctuary, offering panoramic Arabian Gulf views, secluded balconies, and a level of design precision rarely seen in the region. Designed by Dewan Architects + Engineers and with interiors curated by the iconic Hirsch Bedner Associates, the project incorporates a futuristic rotating floor layout that optimizes both aesthetics and privacy.
World-Class Amenities, Tailored for the Elite
Life at Oceano goes beyond high ceilings and sea views. Residents enjoy a suite of bespoke amenities, including:
- Private beach access
- Cigar lounge and exclusive library
- Children’s play area and dedicated pool zone
- Business lounge and chauffeur’s retreat
- A retail level featuring high-end hospitality, dining, and leisure
Whether it’s for family relaxation or executive-level entertaining, Oceano offers a fully integrated luxury lifestyle experience.
Construction on Track, Vision Becoming Reality
Construction on Oceano is progressing rapidly. With enabling works completed, China State Construction Engineering Corporation Middle East has entered the advanced vertical phase. The project is on schedule for handover next year, promising a seamless transition from vision to reality.
“Our mission was to deliver timeless architecture that inspires and sustains value,” noted Siddharta Banerji, Managing Director and Co-owner. “Oceano proves that even emerging luxury markets like Ras Al Khaimah can compete on the world stage.”
What This Means for Investors
Oceano’s success signals a pivotal shift in regional real estate trends. With Ras Al Khaimah investing heavily in tourism, entertainment (like the upcoming Wynn Resort), and infrastructure, Al Marjan Island is emerging as a high-potential investment destination for those seeking beachfront elegance with long-term upside.
Final Thoughts:
Oceano isn’t just a development — it’s a statement. A statement that Ras Al Khaimah is no longer a hidden gem, but a rising beacon for ultra-luxury living. With its record-setting sales, timeless design, and global investor appeal, Oceano has carved out a unique place in the UAE’s evolving real estate narrative.
