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.
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.
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.