Oceano
Al Marjan Island · by The Luxe · Ras Al Khaimah
The stated handover of Q2 2026 has already passed while the source still reports the building as under construction. It is counted as off-plan and running late, not as delivered.
This project sits outside the full evidence tier: it is in Ras Al Khaimah, where developer inventories are published less completely than in Dubai. The record below is what the corpus actually holds, with nothing filled in around the gaps.
The record
| Developer | The Luxe |
|---|---|
| Community | Al Marjan Island |
| City | Ras Al Khaimah |
| Sale status | Sold out |
| Construction | Under construction |
| Classification | Off-plan, handover date passed |
| Property types | Apartment |
| Bedrooms offered | 1, 2, 3, 4 |
| Priced unit records | 1 |
| Unit plans listed | 1 |
Read from developer-published inventories on 2026-07-30. Blank means the developer published nothing, not that the answer is zero.
Where this price sits
AED 2,209 per sqft, 27% below the Al Marjan Island median, and 9% above the Dubai median.
AED per sqft of built-up area, the median across 1 priced records published for this project, measured the same way for every project in the corpus so the three readings above are comparable. Asking prices, not transactions. See methodology.
The Luxe publishes 83 priced records across 2 projects in Al Marjan Island, at a median of AED 2,480 per sqft, 18% below the rate for the address as a whole. The full benchmark, every rival builder in Al Marjan Island beside it, is on The Luxe in Al Marjan Island.
The payment plan
On the published entry price of AED 5,313,702 that is AED 3,719,591 before handover. Run other prices through the payment plan calculator.
Booking, construction and handover are three independent medians, so they are normalised to 100 before drawing and the handover share carries the remainder. 16% of plans in Al Marjan Island schedule instalments after the keys.
More in Al Marjan Island
- AED/sqft
- 3,430
- From
- AED 2.74M
- Handover
- Q2 2029
- Before keys
- 50%
- AED/sqft
- 4,394
- From
- AED 2.10M
- Handover
- Q4 2028
- Before keys
- 70%
- AED/sqft
- 2,781
- From
- AED 1.51M
- Handover
- Q2 2030
- Before keys
- 60%
- AED/sqft
- 2,482
- From
- AED 2.30M
- Handover
- Q4 2028
- Before keys
- 70%
- AED/sqft
- 2,873
- From
- AED 2.53M
- Handover
- Q4 2027
- Before keys
- 50%
- AED/sqft
- 3,317
- From
- AED 2.50M
- Handover
- Q4 2028
- Before keys
- 40%
The full report: every community, every developer, ranked.
Al Marjan Island, Ras Al Khaimah in context: price per sqft by community and developer, payment plan structures ranked by cash due before handover, the 2026 to 2029 delivery pipeline, and the CSV behind every table. PDF plus data, delivered instantly.
OffplanIndex is an independent index. We are not the developer, not the agent and not a party to any sale. Figures are developer-published asking prices as read on 2026-07-30, not transaction records. Back to the project index.