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Oceano

About Oceano

1,900,000 AED Starting Price from
1-4BR Available Units
714 Area from
(sq. ft.)
In progress Handover

Buy Property in Oceano

Oceano is a premium residential development by The Luxe Developers on Al Marjan Island in Ras Al Khaimah. Overlooking the Arabian Gulf, the complex will consist of 2 twin 17-storey towers, which will have free flowing glass facades with minimalist frames. The entrance of Oceano will wow occupants and guests alike with a dynamic cascading fountain and landscaping.

The complex will feature 206 residential units, namely 1–4 bedroom apartments, 6 duplex penthouses and 2 sky villas. The property sizes range from 714 sq. ft to 22,128 sq. ft. The interiors of Oceano apartments will have a futuristic concept with smart technology integrated throughout.

Oceano

The high-end complex will be equipped with a range of unrivalled amenities for a comfortable living environment. These will include:

  • Private beach
  • Jetty
  • Spa
  • Gym
  • Swimming pool with Arabian Gulf views
  • Private salon
  • Cigar lounge
  • Informal breakout pool and terrace area
  • Retail level
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Property Information

Property Prices

As of Q2 2023, the initial cost for an apartment is AED 1.9M (USD 517K), whilst a duplex penthouse can be acquired for AED 18M (USD 4.9M). A luxury sky villa is on offer for a minimum of AED 88M (USD 24M).

*The price is valid for 2023

Payment Plan

5% Booking Amount
15% Down payment
6% 6 Months From Sale Date
6% 9 Months From Sale Date
6% 12 Months From Sale Date
6% 15 Months From Sale Date
6% 18 Months From Sale Date
6% 21 Months From Sale Date
7% 24 Months From Sale Date
7% 27 Months From Sale Date
30% On Handover

Location

When residing in Oceano, you will be able to enjoy ultimate, resort-like living thanks to an array of F&B venues and luxury resorts within walking distance. These include The Market, Neo Sky Bar, Movenpick Resort Al Marjan Island and DoubleTree by Hilton Resort & Spa Marjan Island, to name a few. For quick grocery shopping, you can stop at ZOOM, a few steps away.

Within about a 10-minute drive, the following facilities can be found:

  • RAK Medical Center Al Jazeera
  • RAK Medical Center Al Hamra
  • Al Hamra Mall
  • Leptis Hypermarket Al Hamra
  • RAK Academy — British School Al Hamra — BSH
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Economic Appeal

By investing in Oceano, you will have the opportunity to obtain a 10-year Golden Visa. It is available to those who purchase property worth AED 2M (USD 545K) and above. This residency type applies to family members and domestic staff, and can be renewed multiple times.

Another advantage of Oceano is the opportunity to enjoy lucrative rental income, thanks to its convenient location at the waterfront, about 35 minutes away from the international airport. The average ROI on Al Marjan Island is 6%, with the starting rental price for a 1-bedroom unit set at AED 30K (USD 8K) per annum.

*The price is valid for 2023

FAQ

Who is the developer of Oceano?

The creator of Oceano is The Luxe Developers.

What is the address of Oceano?

Oceano is located on Al Marjan Island in Ras Al Khaimah.

What are the offered unit types?

There are 1–4 bedroom apartments, 6 duplex penthouses and 2 sky villas.

What is the completion date of Oceano?

For detailed information on the completion date of Oceano, please contact our real estate agents.

What are the Payment Plans for Oceano?

You can take advantage of a 70/30 payment plan, with a 5% booking fee and a 15% down payment.

How much does an apartment, a penthouse and a sky villa cost in Oceano?

As of Q2 2023, the starting cost for an apartment is AED 1.9M (USD 517K), whilst a duplex penthouse can be acquired for AED 18M (USD 4.9M). A luxury sky villa has a minimum price tag of AED 88M (USD 24M).

Can I get residency if I buy property in Oceano?

Yes, you can obtain long-term residency, which applies to your family and domestic workers as well.

What type of visa can I get when I buy a property?

If your investment is worth AED 2M (USD 545K) and above, you will be granted a 10-year Golden Visa.

Can a foreigner buy property in Oceano?

Any nationality can acquire property in Oceano, as it is a freehold development.

Is an apartment in Oceano a good investment?

Real estate in Oceano is an excellent investment, providing you with the opportunity to earn decent rental profit. As of May 2023, the average ROI on Al Marjan Island is 6%, whilst the starting rental price is set at AED 30K (USD 8K) per annum.

Is Oceano a good place for living in Ras Al Khaimah?

Oceano will be perfect for single individuals, couples and families who wish to enjoy a resort-like living with easy access to social facilities and the international airport.

What are the pros and cons of living on Al Marjan Island?

Al Marjan Island is located a 10-minute drive away from prestigious medical and academic institutions. These include RAK Medical Center Al Jazeera, RAK Medical Center Al Hamra and RAK Academy — British School Al Hamra — BSH, among others.

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Metropolitan Premium Properties

  • [email protected]
  • +971 54 321 9259
  • Office 1913, Al Manara Tower,
    Business Bay, Dubai, UAE

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