Recently, two of the most costly Properties on Al Marjan Island have been bought at the overall price of Dh180 million. The Luxe Developers, a real estate company based in the UAE, has recently announced the sale of two luxurious sky villas, “The Celest” and “The Stellar”. Each property for sale in Al Marjan Island was located at the top of their Oceano development in Ras Al Khaimah. Both properties were sold off-plan for Dh90 million each, highlighting the strong demand for high-end properties in the area, particularly from ultra-wealthy individuals relocating to Ras Al Khaimah.
Growing Appeal for Properties on Al Marjan Island, Dubai:
Abdulla Al Abdouli, CEO of Marjan the developer behind freehold properties in Ras Al Khaimah, commented on the sale and said that it reflects the growing appeal of Al Marjan Island as a high-end destination that offers an exclusive lifestyle along with top-tier amenities and stunning views. He noticed that the region is becoming increasingly attractive to international investors, especially high-net-worth individuals and this sale is one of the significant steps forward in the area’s real estate growth.
Inside The Celest and The Stellar:
The Celest covers over 22,000 square feet on the top two floors and has spacious and beautiful seven bedrooms, multiple living areas with sunken seating, and a large modern kitchen. The overall beauty of this property is outstanding and alluring for all investors.
The Stellar covers more than 21,000 square feet and has six bedrooms and similar living spaces. Both properties are equipped with smart home technology that allows residents to control lighting, curtains, and air conditioning with ease. As a result, this property ensures a high level of comfort.
| Property Name | Price (AED) | Bedrooms | Size (sq.ft) | Features | Developer | Completion Date |
| The Celest | AED 90 Million | 7 | 21,000 | Spa, sauna, home theater, infinity pool, private elevator | The Luxe Developers | 2026 |
| The Stellar | AED 90 Million | 6 | 21,000 | Gym, sauna, private beach access, smart technology | The Luxe Developers | 2026 |
Shubam Aggarwal, Chairman and Co-owner of The Luxe Developers, shared that the decision to build these ultra-luxurious properties was based on market research that symbolizes a strong demand in Ras Al Khaimah. The quick sale of the villas in less than four months validated their approach. He emphasized that unique and high-quality properties in prime locations will always attract buyers.
Al Marjan – The Next Investment Potential in Dubai:
Marjan, as the master developer of freehold properties in Ras Al Khaimah is responsible for developments like Al Marjan Island which is positioned as a leading destination for tourism and investment in the region. By carefully planning communities and making the most of the natural beauty of the area, Marjan aims to make Ras Al Khaimah a top choice for both investors and visitors and also contribute to the emirate’s economic growth and future expansion.
Source: khaleejtimes.com