The Magic of Luxury Moves to Ras Al Khaimah … The Launch of the Two Most Expensive Residential Apartments for 180 Million Dirhams

The Luxe Developers Real Estate Development Company has officially launched The Celeste and The Stellar projects, which are two ultra-luxury residential apartments that form an integral part of the company’s luxurious Oceano residential development project, which is located on Al Marjan Island, where The two luxury properties – valued at more than AED 90 million – meet the growing demand for ultra-luxury properties in line with the increase in the number of high-net-worth individuals moving to the emirate.

The six-bedroom split-level apartment, The Stellar, spans over 21,000 square feet and features similar living arrangements. Both properties offer a serene and luxurious living experience, with stunning beach and sea views, and are located just two minutes away from the Wynn resort, Al-Murjan Integrated Project, which costs several billion dollars, which enhances the project’s attractiveness to investors.

A private elevator and exclusive access were provided for the owners of The Celeste and The Stellar apartments, to meet the privacy requested by high-net-worth individuals. The strategic location of the Oceano residential project also ensures that the property enjoys complete privacy, even on the private terrace, where residents also enjoy a secluded beach and a private beach. Which provides them with relaxation in a safe and quiet environment.

Strategic Response

Shubham Agarwal, Chairman and Co-Owner of The Luxe Developers, said: “Our decision to launch these properties at this stage is a strategic response to the growing demand for ultra-luxury properties in Ras Al Khaimah, as the area has become a sought-after destination for wealthy buyers and investors looking for unparalleled exclusivity, privacy and luxury, as this step demonstrates our awareness of the market and our commitment to meeting the needs of distinguished buyers.”

Agarwal added: “The launch of these properties represents a bold step forward in the development of the real estate sector in the region, and provides an exclusive opportunity for those who seek to experience living in absolute luxury, where the seascape becomes the horizon.”

Services

The Oceano residential project, scheduled for completion in the third quarter of 2026, includes a resort-style infinity pool connecting the twin towers, state-of-the-art fitness facilities including gyms and yoga studios, and spa services to rejuvenate Activity and liveliness, as residents will also have access to a designated smoking lounge, a library, a private beach, a designated play area for children, and a designated lounge for drivers. The retail section will include 12 retail units offering the best and highest quality hospitality, food, beverage, and entertainment services.

The project features a set of design features, such as streamlined glass facades and simple frames, with each floor rotating at different levels, ensuring that every resident enjoys a distinctive panoramic view of the Arabian Gulf.

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