Off-Plan Primary Al Marjan Island · Ras Al Khaimah The Luxe Developers

Oceano

Al Marjan Island · Ras Al Khaimah
Oceano 1
Oceano 2
Oceano 3
Oceano 4
Oceano 5
Oceano 6
Oceano 7
Living area
66 – 2,056 m²
Rooms
2 - 5
Handover
01/06/2026
Developer
The Luxe Developers

Penthouse in Al Marjan Island overview

Penthouse in Al Marjan Island from 1.900.000. Off-Plan Primary in Al Marjan Island, Ras Al Khaimah. 2 - 5 rooms, 66 – 2.056 m², handover 01/06/2026, by The Luxe Developers.

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.

More properties in Al Marjan Island · Ras Al Khaimah or the full project overview. Official market data at the RAK Municipality Land Department. Background in our NAP insights.

Property details

Status
Off-Plan Primary
Region
Al Marjan Island
City
Ras Al Khaimah
Developer
The Luxe Developers
Living area
66 – 2,056 m²
Rooms
2 - 5
Bedrooms
1 – 4
Handover
01/06/2026

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Payment plan

Phase
Due
Share
Down Payment
At Booking
20%
During Construction
In instalments until completion
50%
On Handover
At completion
30%

*The estimated completion date of the projects is subject to change.

Floor plans

4 Bedrooms
5 Rooms 307 m²
3 Bedrooms
4 Rooms 204 m²
2 Bedrooms
3 Rooms 149 m²
1 Bedroom
2 Rooms 66 m²

Location & map

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The exclusive island destination of Al Marjan Island in Ras Al Khaimah offers an unparalleled coastal location with direct access to the emirate's growing infrastructure. As part of the UAE's most dynamic growth market, this address promises above-average value appreciation through planned luxury resorts and leisure projects. Excellent connections to the international airport, along with proximity to award-winning beaches and golf courses, create an exclusive lifestyle for discerning investors. With projected rental yields of up to 10% and rising demand for premium residential space, Al Marjan Island positions itself as a top-tier investment for long-term wealth building.

Frequently asked questions about Penthouse in Al Marjan Island

Can foreigners buy property in Ras Al Khaimah?
Yes. In the UAE freehold zones, foreign buyers own Penthouse in Al Marjan Island outright, with title registered at RAK Municipality Land Department.
Are there taxes when buying?
The UAE charges no income tax on rental income and no annual property tax. A one-time transfer fee applies on purchase, handled in Ras Al Khaimah through the RAK Municipality Land Department.
When is handover?
Handover of Penthouse in Al Marjan Island is scheduled for 01/06/2026.
Is there a payment plan?
Yes. Penthouse in Al Marjan Island is offered with a structured payment plan, shown in the payment plan section above.
Who is the developer?
Penthouse in Al Marjan Island is developed by The Luxe Developers.
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