3BR + Maid in Oceano Tower A, Al Marjan Island with Casino View – Below OP

Property Overview

This 2,580 sq ft three-bedroom plus maid apartment in Oceano Tower A, Al Marjan Island, Ras Al Khaimah, is offered at AED 6,900,000. The agent states the price is 10% below the original purchase price and describes a casino view, with handover given as Q3 2026. Oceano is a twin-tower waterfront project by The Luxe Developers.

Property Highlights

• Property type: Apartment, 3 bedrooms plus maid's room
• Built-up area: 2,580 sq ft (agent-stated)
• Asking price: AED 6,900,000 (agent-stated)
• Discount: 10% below OP (agent-stated; OP figure not supplied)
• Price per sq ft: about AED 2,674 (calculated)
• View: Casino view (agent-stated)
• Handover: Q3 2026 per agent, now past and to be confirmed
• Developer: The Luxe Developers

Why the Price Qualifies as Below OP

The agent states the asking price is 10% below the original purchase price, but the original price itself was not supplied. If the discount is exactly 10%, the implied original price would be about AED 7,666,667, a saving of roughly AED 766,667. These figures are indicative only, so DPF does not record a confirmed savings amount; buyers should confirm the original price from the seller's SPA before relying on the discount.

Handover Status

The agent gives a Q3 2026 handover date, which has now passed. Buyers should confirm with The Luxe Developers whether Tower A has been handed over or has a revised schedule, and check the amount paid, any balance still due, and the Ras Al Khaimah transfer and registration fees before making an offer.

About Oceano and The Luxe Developers

Oceano is a waterfront development by The Luxe Developers on Al Marjan Island, with a project value of about AED 1.5 billion. Its two towers contain 206 residences, from one- to four-bedroom apartments to six penthouses and two sky villas. Diwan Architectural and Engineering Consultants designed the rotating floor plates and glass facades, with interiors by Hirsch Bedner Associates.

Amenities include an infinity-edge pool connecting both towers, a spa, a gym, a yoga room, a private beach, a yacht jetty and retail units.

Layout and View

The agent lists the unit as a three-bedroom apartment with a maid's room and 2,580 sq ft of built-up area, with a view towards the casino resort. The floor, bathroom count and parking were not supplied and should be confirmed against the floor plan and SPA.

Location: Al Marjan Island, Ras Al Khaimah

Al Marjan Island is a man-made archipelago in Ras Al Khaimah home to several five-star hotels and the Wynn integrated resort under development. Travel times have not been independently verified for this unit and are not stated here.

Verification Notes

• Agent-stated facts: 3 bedrooms plus maid, 2,580 sq ft BUA, casino view, 10% below OP, handover Q3 2026, asking price AED 6,900,000.
• Calculated by DPF: price per sq ft of about AED 2,674, and an indicative implied OP of about AED 7,666,667 if the discount is exactly 10%.
• External research: project facts from Gulf Today coverage of The Luxe Developers' Oceano project.
• Not supplied: original price figure, handover status, floor, bathrooms, parking and amount paid.