Two Ultra-Luxury Sky Villas Sold for $49M in Oceano Project on Al Marjan Island, Ras Al Khaimah

Friday, 15 November 2024

A UAE real estate developer has made headlines by selling two high-end sky villas in the Oceano development on Al Marjan Island, Ras Al Khaimah, for a total of $49 million. These premier residences, named The Celest and The Stellar, exemplify ultra-luxury living and have captured the attention of global ultra-high-net-worth individuals (UHNWIs) looking to invest in Ras Al Khaimah’s thriving real estate market.

Highlights of the Oceano Sky Villas Sale

• Record-breaking price: Each sky villa sold off-plan for AED 90 million ($24.5 million), making them the most expensive residences in Ras Al Khaimah.
• Prime location appeal: Positioned on the exclusive Al Marjan Island, these villas boast proximity to high-end amenities, including the multi-billion-dollar Wynn integrated resort, located just two minutes away.
• Growing destination: Abdulla Al Abdouli, CEO of Marjan, noted that Al Marjan Island has emerged as a top choice for discerning investors, thanks to its sophisticated lifestyle options that rival global benchmarks.

Luxurious Features of The Celest and The Stellar

These residences stand out with their expansive layouts, curated designs, and premium finishes:

• The Celest: Spans over 22,000 square feet on the top two floors, featuring:
  • Seven bedrooms
  • Multiple living areas with sunken seating for entertaining
  • An extensive kitchen for grand hosting
• The Stellar: Covers more than 21,000 square feet across two levels, featuring:
  • Six bedrooms
  • Similar exclusive living arrangements

Spectacular Amenities for Ultimate Comfort

The Celest and The Stellar offer a lifestyle designed to exceed expectations, complete with unmatched beach and sea views over Al Marjan Island and exclusive interior designs by renowned Hirsch Bedner Associates. Amenities include:

• Private facilities:
  • Spa
  • Sauna and hammam
  • Private pool and snow room
  • State-of-the-art gym
  • Home theater and office space
• Expansive outdoor terrace: Each villa features a 4,504-square-foot terrace with a custom infinity pool, providing serene views and an ideal setting for outdoor leisure.
• Smart technology integration: These residences are equipped with advanced smart home systems, allowing seamless control over lighting, curtains, and climate at the touch of a button.

A Rising Real Estate Destination

Shubam Aggarwal, Chairman and Co-owner of The Luxe Developers, highlighted the appeal of these properties, noting the strategic decision to launch Oceano in Ras Al Khaimah, where demand for exclusive, high-quality real estate is on the rise. The rapid sale of these villas reaffirms the region’s potential as a luxury investment hub, offering a secluded, secure lifestyle with a unique shoreline and private beach access.