Overview

Property Description

Oceano is a premium residential development by The Luxe Developers on Al Marjan Island in Ras Al Khaimah. There will be two twin 17-storey towers with free flowing glass facades, with minimalist frames, overlooking the Arabian Gulf. Oceano's entrance will boast a dynamic cascading fountain and landscaping, sure to impress guests and occupants alike. With 206 residential units, there will be 1–4 bedroom apartments, 6 duplex penthouses, and 2 sky villas. Oceano apartments will have futuristic interiors with smart technology integrated throughout. Property sizes range from 714 sq. ft. to 22,128 sq. ft. Apartments start at AED 1.9M (USD 517K), while duplex penthouses cost AED 18M (USD 4.9M) and luxury sky villas cost AED 88M (USD 24M). *Prices are valid for 2023 Purchasing a property worth AED 2M (USD 545K) or more can qualify for a 10-year Golden Visa. This residency type is applicable to family members and domestic staff, and can be renewed several times. Due to its convenient location along the waterfront, about 35 minutes away from the international airport, Oceano offers the possibility of earning lucrative rental incomes. Al Marjan Island boasts an average ROI of 6%, with a 1-bedroom unit starting at AED 30K (USD 8K).

Location