Projects in Oceano

The Premium End of Al Marjan Island: New Projects in Oceano

Oceano sits within Al Marjan Island, one of Ras Al Khaimah's most recognised waterfront addresses. Inventory here is concentrated: 2 apartment projects, both from The Luxe Developers. Buyers looking at Oceano are choosing within a single developer's portfolio, not across a competitive field.

Both projects consist of apartments. The price range spans AED 5,313,702 to AED 90,000,000, with a median of AED 47,656,851. That is a wide spread for one property type. The gap points to meaningful differences in unit size or position within the development, with the upper end serving buyers for whom scale or direct waterfront positioning carries significant weight. At nearly AED 48M at the midpoint, Oceano sits firmly in the premium tier of the Al Marjan Island market.

Entry requires a minimum down payment of 5%, a low threshold for this price range. Neither project includes post-handover payment plans.

Completion Dates That Have Now Passed

The developer targeted handover in June 2026 and July 2026 for the two projects. Both scheduled dates have now passed. Buyers should confirm directly with The Luxe Developers whether units have transferred to owners, and treat this as a potential secondary market purchase rather than an off-plan entry.

What the On-Site Facilities Reflect

Children's play area, community park, and indoor swimming pool anchor the resident leisure offer. A mosque and retail facilities on-site cover daily needs without requiring residents to leave the development. CCTV security throughout is standard for this category. The combination points toward owner-occupiers or long-term investors rather than short-stay rental product. Al Marjan Island's waterfront positioning means well-placed apartments here also draw rental interest from yield-focused buyers.