Luxe Developers Launches Most Expensive Residences in RAK

The Celeste and The Stellar, two ultra-luxury residences, are valued at over AED 90 million each

The Luxe Developers, a UAE-based real estate development firm, has officially launched The Celeste and The Stellar, two ultra-luxury residences that form an integral part of the company’s Oceano development, located on Al Marjan Island. The properties, valued at over AED 90 million each, address the demand for ultra-luxurious properties in line with the increase in ultra-high-net-worth individuals (UHNWI) relocating to the emirate.

The Celeste, spanning over 22,000 square feet across the top two floors of the development, features seven bedrooms, multiple living areas with sunken seating for hosting, and an extensive kitchen. The six-bedroom Stellar, split across two levels, spans more than 21,000 square feet, and features similar living arrangements. Both properties offer a serene and luxurious living experience, uninterrupted beach and sea views across Al Marjan Island, and are conveniently located just two minutes from the multi-billion-dollar Wynn integrated resort, further enhancing the development’s attractiveness for investors.

Luxury Living

• The two luxury properties, The Celeste and The Stellar, are both priced at over AED90 million and form an integral part of Oceano, a luxury development located on Al Marjan Island
• The multi-billion-dollar Wynn Al Marjan, situated just two minutes from Oceano, is attracting a raft of UHNWI and putting ultra-luxurious properties in high-demand

Owners of the properties will be able to enjoy the luxury associated with five-star hotels, including a spa, sauna, hammam, private pool, snow room, state-of-the-art gym, home theatre, and dedicated office space. The residences also feature a sprawling 4504-square-foot terrace with a uniquely designed infinity pool incorporating breathtaking vistas and unrivalled tranquillity, perfect for outdoor living.

Catering to the privacy demanded by UHNWI, a private elevator and exclusive access are provided to owners of The Celeste and The Stellar. Furthermore, Oceano’s design aesthetic and unique location ensures the property has complete privacy, even on the private terrace. Residents also enjoy a secluded shoreline and private beach, providing relaxation in a safe and secure environment.

The region has become a coveted destination for affluent buyers seeking exclusivity, privacy, and unparalleled luxury. This move demonstrates our market awareness and commitment to meeting the needs of discerning buyers.

Shubam Aggarwal, Chairman and Co-owner of The Luxe Developers

Oceano is due for completion in Q3 2026 and will feature a resort-style infinity pool connecting the twin tower development, cutting-edge fitness facilities featuring gyms and yoga studios, and rejuvenating spa services. Residents will also have access to a cigar lounge, a library, and a private beach. A chauffeur’s lounge will be available, as will a dedicated retail level featuring the best in hospitality, F&B and leisure. 

Shubam Aggarwal, Chairman and Co-owner of The Luxe Developers, said, “Our decision to launch these properties at this juncture is a strategic response to the escalating demand for ultra-luxury properties in Ras Al Khaimah. The region has become a coveted destination for affluent buyers seeking exclusivity, privacy, and unparalleled luxury. This move demonstrates our market awareness and commitment to meeting the needs of discerning buyers.

Siddharta Banerji, Managing Director and Co-owner of The Luxe Developers, commented: "Our goal went beyond creating luxury homes; we aimed to offer an unmatched living experience. These properties demonstrate our commitment to excellence and deep understanding of the ultra-luxury market's needs. We're not just setting new standards for luxury living in Ras Al Khaimah; we're redefining them."