Oceano
1 BR · Apartment
About the building
A residential building in Al Marjan Island, Ras Al Khaimah, currently under construction. Developer — The Luxe Developers.
Specifications for Oceano as published by the developer — the project is under construction, so there is no Land Department record yet. They describe the whole building, not the individual unit.
Video: Oceano
Reviews from the English YouTube channel — each one with a written breakdown on this site.
19:45 Oceano on Al Marjan Island: the Luxe Developers project and the island being built around it
A walkthrough of Al Marjan Island as it is being built: current infrastructure, the resort plots still under construction, and the architectural vision for the hotels going up around Oceano.
WatchA mortgage covers the final instalment
The final payment on this building falls in 2026 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.
- Up to 80% of the appraised value, no extra down payment
- 3.99% fixed for three years, up to 25 years in term
- 6–12 months before the keys — the bank wants six months of income history
Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.
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