Luxe Developers Selects China State Construction as Primary Contractor for Oceano Project
Exciting Developments on Al Marjan Island: Luxe Developers Team up with China State Construction for AED1.5 Billion Project
In a significant move that’s set to reshape the real estate landscape in the UAE, The Luxe Developers have announced the appointment of the prestigious China State Construction Engineering Corporation (Middle East) (L.L.C) as the main contractor for their impressive AED1.5 billion Oceano project. This striking development is located on the stunning Al Marjan Island, known for its picturesque views and luxurious living options. With this partnership, The Luxe Developers aim to elevate the standard of opulent living, appealing particularly to a clientele of ultra-high-net-worth individuals, both local and international.
China State Construction, headquartered in Beijing, is renowned as the largest construction company globally by revenue. With extensive experience in executing large-scale projects, they will oversee the main construction works, completion, and subsequent maintenance of the Oceano project. Interestingly, all preparatory works—including shoring, piling, and excavation—have already been successfully completed by S.S. Lootah Foundations, indicating that this ambitious project is well underway and on track.
Visionaries Behind the Project Share Insights
Shubam Aggarwal, the Chairman and Co-owner of The Luxe Developers, expressed his confidence in the partnership with China State Construction. He notes, “Their solid reputation and vast experience with high-profile projects in the UAE and the wider Middle East region will be instrumental in bringing our vision of Oceano to fruition.” This sentiment speaks volumes about the faith Luxe Developers have in their chosen contractor, emphasizing the need for design and construction that aligns with the tastes of affluent buyers.
Adding to the optimism, Tian Sanchuan, President of China State Construction Engineering Corporation (Middle East) (L.L.C), remarked, “We are honored to be part of this project. This collaboration highlights our commitment to innovation and excellence.” He mentioned that the firm is eager to leverage its extensive expertise to realize the Oceano vision while adhering to the highest architectural and construction standards.
What to Expect from the Oceano Development
Oceano is anticipated to be completed by 2026 and will stand majestically at 18 storeys tall, offering a total of 206 living units that include one-, two-, three-, and four-bedroom apartments, alongside six opulent penthouses and two exclusive sky villas. Spread across a substantial built-up area of 79,000 square meters, the development promises to be a crown jewel on Al Marjan Island.
Residents of Oceano will enjoy unparalleled features, including an infinity pool flaunting breathtaking views of the Arabian Sea, fitness facilities with state-of-the-art gyms and yoga studios, as well as rejuvenating spa services. The thoughtful design encapsulates a contemporary aesthetic, comprising free-flowing glass facades and minimalist frames. The project design ensures that each floor rotates on different planes, granting residents sweeping views of the majestic Arabian Gulf, something that is sure to make every sunrise and sunset an extraordinary experience.
Siddharta Banerji, Managing Director and Co-owner of The Luxe Developers, stated, “We are committed to delivering exceptional living experiences that inspire and elevate. Our projects reflect our dedication to craftsmanship and meticulous attention to detail.” This dedication is evident in their designs and the overall philosophy behind this grand undertaking. Luxe Developers aim to set new benchmarks in exclusivity, transforming contemporary spaces into architectural landmarks.
The Bigger Picture: How Oceano Fits into the UAE’s Real Estate Landscape
The selection of top-tier international contractors like China State Construction indicates a growing trend within the UAE’s real estate sector towards collaboration with firms that can deliver world-class quality. As the real estate market continues to evolve, high-end developments are becoming increasingly popular, especially in regions like Al Marjan Island, which has positioned itself as a premier destination for luxury seekers in the Middle East.
Such investments not only elevate the standard of living in the UAE but also have significant implications for the local economy, potentially attracting further investments and driving tourism. The integration of luxury living with first-rate facilities, scenic views, and innovative design is helping to place the UAE more prominently on the global real estate map.
Looking Ahead
As the Oceano project progresses, all eyes will be on how it evolves and the impact it has on the luxury real estate market. With its ambitious aspirations and an esteemed contractor by its side, The Luxe Developers’ Oceano is destined to set a new standard for luxury living in the region, reinforcing the UAE’s standing as a leader in the global real estate landscape.
Tags: #RealEstateNews #BusinessNews #UAE #Oman #LuxuryLiving #ConstructionIndustry #AlMarjanIsland
