Work begins on ultra-luxury Dhs1.5 billion Oceano project in Ras Al Khaimah

Gulf Today, Staff Reporter

The Luxe Developers, a UAE-based real estate development company, has laid the foundation stone for Oceano Residences, a luxury waterfront twin towers project located on Al Marjan Island in the Emirate of Ras Al Khaimah.

The Dhs 1.5 billion Oceano project consists of 206 residential units and is spread over 18 floors and includes one, two, three and four bedroom apartments, 6 penthouses and two exclusive Sky villas, which will have access to private swimming pools as well as indoor entertainment areas and the exterior with views of the Arabian Gulf.

The Oceano residential project is located on a prime plot in Al Marjan Island in the Emirate of Ras Al Khaimah and spreads over a built-up area of 79,000 square metres, where residents will have access to a variety of amenities similar to the facilities of luxury five-star hotels, including: a luxurious spa, an infinity-edge swimming pool connecting the two towers, a modern gymnasium, a smoking lounge, a library, a yoga room, a children’s play area, and a drivers’ lounge.

The retail section will include 12 retail units offering the best and finest hospitality, food, beverage and entertainment services.

Luxury resorts

Residents will enjoy a luxury resort-style swimming pool, a children's pool, a private beach and a jetty for moored yachts, in addition to extensive green spaces and lush outdoor landscaping. Concierge service and security will be provided throughout the day.

The highly acclaimed Diwan Architectural and Engineering Consultants, a leading architectural and engineering design firm in the Middle East, was responsible for developing the unique Oceano residential design, incorporating free-flowing glass façades and streamlined framing with each floor rotating on different planes, so that residents can enjoy unparalleled panoramic views.

Interiors have been designed by the renowned Hirsch Bedner Associates, the world's largest hospitality design firm, where the focus is on marble finishes and unique touches within each of the luxury residences.

Luxurious spaces

On this occasion, Shubham Agarwal, Chairman and Co-Owner of The Luxe Developers, said: “As a leading real estate developer, we are committed to delivering a project that affirms our company’s philosophy of creating luxurious spaces and elevating the human experience, so we have selected best-in-class architects and designers to ensure the project stands out.

Oceano as a major residential developer in Ras Al Khaimah and the United Arab Emirates, where we expect the unique design of the project and the world-class amenities that the project contains to attract regional and international investors, as we have already witnessed a large and growing demand from buyers who are keen to secure their properties.

Siddhartha Banerjee, CEO and co-owner of The Luxe Developers, said: “When we first conceived the concept of Oceano, we wanted to create a unique project unlike anything else built on Marjan Island, as Marjan Island is known for its wealth of hotels. Five-star and soon to be home to the multi-billion dollar integrated resort by Wynn Resorts, Al Marjan Island is the ideal location and opportunity for us to launch our vision for the future of luxury residential living.”

Bold vision

Abdullah Al Abdouli, CEO of Marjan, commented: “The bold vision of The Luxe Developers, a new entrant in the luxury real estate sector in the UAE, defines the concept of luxury living for the residents of Al Marjan Island, as it enhances the exclusive amenities and exceptional lifestyle of the super project. The luxury is the attractiveness of Al Marjan Island as a preferred investment center and reflects the huge potential for growth offered by the planned community.”

The real estate sector in the emirate witnessed strong growth in the past year, according to recent data issued by Ras Al Khaimah Municipality, following the realization of multi-billion dollar investment deals by several companies such as: Wynn Resorts, Nobu Hotels, Aldar Properties, Dubai Investments, Abu Dhabi National Hotels Company, and most recently The Luxe Developers.  

Al Marjan Island is home to a variety of hotels and entertainment venues on the 2.7 million square meter artificial archipelago, as well as the new Oceano residential development.