UAE golden visa offered for Al Marjan Island investments in Ras Al Khaimah
The Oceano development records surge in international interest, particularly from Russian
Dubai: The Luxe Developers, a UAE-based real estate firm, has announced its milestone achievement as the first off-plan developer in Ras Al Khaimah to secure the prestigious UAE Golden Visa for investors.
The investor acquired two three-bedroom properties and a penthouse at the Oceano development on Al Marjan Island, representing a total investment of over Dh35 million.
Golden Visa Eligibility and Benefits
The UAE Golden Visa, a long-term renewable visa valid for five or ten years, is available to investors, entrepreneurs, scientists, outstanding students and graduates, humanitarian leaders, and frontline workers. It allows holders to live, work, and study in the UAE without the need for a national sponsor and enables them to sponsor their families and dependents.
Oceano Development Attracts Global Interest
The Oceano development has seen a surge in international interest, particularly from Russian, British, and German investors, followed by Indian and American buyers. Shubam Aggarwal, Chairman and Co-owner of The Luxe Developers, highlighted this achievement as a testament to their commitment to offering unparalleled real estate opportunities and contributing to the growth of Ras Al Khaimah's property market.
Launch of the Celest and the Stellar Residences
Recently, The Luxe Developers launched The Celest and The Stellar, two ultra-luxury residences within the Oceano development. These properties have captivated ultra-high-net-worth individuals due to their prime location, expansive space, and world-class amenities. Valued at over AED 90 million each, they are the most expensive properties in Ras Al Khaimah, featuring extensive luxury amenities and breathtaking views.
Completion and Features of Oceano
Oceano is set for completion in Q3 2026 and will include a signature infinity pool, cutting-edge fitness facilities, rejuvenating spa services, and exclusive amenities such as a cigar lounge, library, private beach, and a dedicated retail level.
For more information, visit The Luxe Developers.