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.
The high-end complex will be equipped with a range of unrivalled amenities for a comfortable living environment. These will include:
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
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:
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
The creator of Oceano is The Luxe Developers.
Oceano is located on Al Marjan Island in Ras Al Khaimah.
There are 1–4 bedroom apartments, 6 duplex penthouses and 2 sky villas.
For detailed information on the completion date of Oceano, please contact our real estate agents.
You can take advantage of a 70/30 payment plan, with a 5% booking fee and a 15% down payment.
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).
Yes, you can obtain long-term residency, which applies to your family and domestic workers as well.
If your investment is worth AED 2M (USD 545K) and above, you will be granted a 10-year Golden Visa.
Any nationality can acquire property in Oceano, as it is a freehold development.
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.
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.
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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