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Two Sky Villas on Al Marjan Island Sell for Over Dh180 Million

Two Sky Villas on Al Marjan Island Sell for Over Dh180 Million

Record Sales Highlight Growing Demand for Ultra-Luxury Homes in Ras Al Khaimah

Two of the most expensive residences on Al Marjan Island, Ras Al Khaimah have been sold for a total of Dh180 million. The properties known as The Celest and The Stellar are part of The Luxe Developers' Dh1.5 billion Oceano luxury development. Both sky villas were sold off-plan for Dh90 million each.

These record-breaking sales highlight the growing demand for ultra-luxury properties in Ras Al Khaimah, driven by an influx of high-net-worth individuals (HNWIs) relocating to the emirate. The Celest and The Stellar are the most expensive homes in Ras Al Khaimah, offering expansive and sophisticated living spaces with breathtaking views and world-class amenities.

The villas feature smart home technology, top-tier finishes and interior design by Hirsch Bedner Associates. The Celest spans 22,000 square feet with seven bedrooms while The Stellar covers 21,000 square feet with six bedrooms. Both properties offer direct beach access and are located just minutes from the multi-billion-dollar Wynn resort.

Marjan, the master developer behind Al Marjan Island, views these sales as a key milestone in positioning Ras Al Khaimah as a leading destination for luxury real estate investment. The Luxe Developers' quick sales further demonstrate the region's appeal for investors.


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