Latest news with #Oceano
ME Construction
21-05-2025
- Business
- ME Construction
Luxe Developers sees increased demand for premium residences with co-working spaces
Property Luxe Developers sees increased demand for premium residences with co-working spaces By Research has shown a surge in demand for co-working spaces across the UAE, the market is projected to grow by 43% by 2029 The Luxe Developers has tracked a surge in demand for premium residences with integrated co-working spaces from high-net-worth investors. This trend is said to be driven by investors and professionals who value flexible and business ready living environments, transforming the luxury real estate landscape in the UAE. The latest research from Mordor Intelligence underscores the growing demand for co-working spaces in the UAE. The market is projected to experience 43% growth in value by 2029. Consequently, luxury residential developers are integrating business facilities within their properties, which allows residents to work from home without compromising on the luxury they expect. According to Shubam Aggarwal, Chairman and Co-owner of The Luxe Developers, 'Buyers are increasingly demanding luxury homes that incorporate excellent business and meeting facilities, particularly in their developments in Ras Al Khaimah. Traditionally, luxury residences have been associated with leisure and exclusivity. However, with remote work and global entrepreneurship on the rise, affluent buyers are now prioritising developments that support their professional needs as much as their lifestyle aspirations. Investors and professionals are no longer looking at luxury properties solely as homes or holiday residences; they want spaces that enable them to work efficiently while enjoying an ultra-luxurious lifestyle.' The Luxe Developers has launched two projects on Al Marjan Island, the company's flagship development, the sold-out Oceano, and the recently launched La Mazzoni. The latter is a fully furnished project that combines luxury with the contemporary, transient lifestyle of the UNHWI investor by crafting spaces that allow them to work efficiently without compromising on the elevated offering, said a statement. 'With La Mazzoni, we have designed fully furnished luxury residences that meet the demands of a new generation of global business leaders who expect top-tier co-working facilities within their private residence community. In addition to world-class amenities, we have carefully crafted co-working spaces inspired by nature to curate an environment that blurs the boundaries between personal sanctuary and a thriving entrepreneurial ecosystem,' added Agarwal. Siddharta Banerji, Managing Director and Co-owner, The Luxe Developers added, 'The future of luxury real estate is about creating homes that are more than just a place to live; they must cater to every aspect of modern life, including business and productivity. This is why La Mazzoni offers fully equipped workspaces alongside world-class leisure amenities. Integrated co-working spaces in La Mazzoni are built to foster networks where like-minded resident entrepreneurs, venture capitalists, and creatives can cross paths. Our co-working spaces are designed to inspire ideas and future collaborations. Ras Al Khaimah is no longer just a second-home destination; it is now the primary choice for modern investors seeking a lifestyle destination that offers the versatility of a personal retreat combined with a professional hub.' With the rapid expansion of co-working spaces in the UAE, Ras Al Khaimah is becoming a destination where business and leisure intertwine. This presents an opportunity for investors and entrepreneurs to acquire property that aligns with their lifestyle and professional aspirations. The emirate has established itself as an investment hub, offering developments, while maintaining a more serene and exclusive environment. According to market analysts, prices in the emirate have surged by up to 60%, fueled by investors and arrival of mega-developments.
Mid East Info
20-05-2025
- Business
- Mid East Info
Coworking spaces in luxury real estate developments driving demand in Ras Al Khaimah, according to leading developer
Research has revealed increased demand for co-working spaces across the UAE, with the market expected to grow in value by 43% by 2029 The Luxe Developers is attracting a raft of investors and entrepreneurs by integrating state-of-the-art business facilities within its ultra-luxury residential developments The Luxe Developers' AED2.3 billion La Mazzoni development combines professional needs with lifestyle aspirations Dubai, United Arab Emirates, May 2025 : The Luxe Developers, a leading UAE-based real estate development firm, has highlighted the growing demand for premium residences featuring integrated co-working spaces from high-net-worth investors. This demand is predominantly driven by investors and professionals seeking flexible, business-ready living environments, which is reshaping the luxury real estate landscape in the UAE. Underscoring this demand is the latest research from Mordor Intelligence, which shows a surge in co-working spaces across the UAE, with the market expected to grow in value by over 43% by 2029. As a result, luxury residential developers are integrating state-of-the-art business facilities within high-end properties, allowing residents to work seamlessly from home without compromising on luxury. According to Shubam Aggarwal, Chairman and Co-owner of The Luxe Developers, buyers are increasingly demanding luxury homes that incorporate excellent business and meeting facilities, particularly in their developments in Ras Al Khaimah. He said, 'Traditionally, luxury residences have been associated with leisure and exclusivity. However, with remote work and global entrepreneurship on the rise, affluent buyers are now prioritising developments that support their professional needs as much as their lifestyle aspirations. 'Investors and professionals are no longer looking at luxury properties solely as homes or holiday residences; they want spaces that enable them to work efficiently while enjoying an ultra-luxurious lifestyle.' The Luxe Developers has successfully launched two projects on Al Marjan Island, the company's flagship development, the sold-out Oceano, and the recently launched AED 2.3 billion development, La Mazzoni. The latter is a fully furnished project that combines bespoke luxury with the contemporary, transient lifestyle of the UNHWI investor by crafting spaces that allow them to work efficiently without compromising on the elevated offering. 'With La Mazzoni, we have designed fully furnished luxury residences that meet the demands of a new generation of global business leaders who expect top-tier co-working facilities within their private residence community. In addition to world-class amenities, we have carefully crafted co-working spaces inspired by nature to curate an environment that blurs the boundaries between personal sanctuary and a thriving entrepreneurial ecosystem,' added Agarwal. With the rapid expansion of co-working spaces in the UAE, Ras Al Khaimah is increasingly becoming a destination where business and leisure cross over. This presents an opportunity for investors and entrepreneurs to acquire property that aligns with their lifestyle and professional aspirations. The emirate has established itself as a leading investment hub, offering high-end developments while maintaining a more serene and exclusive environment. According to market analysts, prices in the emirate have increased by up to 60%, driven by investor confidence and upcoming mega-developments. Siddharta Banerji, Managing Director and Co-owner of The Luxe Developers, said: 'The future of luxury real estate is about creating homes that are more than just a place to live; they must cater to every aspect of modern life, including business and productivity. This is why La Mazzoni offers fully equipped workspaces alongside world-class leisure amenities. Integrated co-working spaces in La Mazzoni are built to foster networks where like-minded resident entrepreneurs, venture capitalists, and creatives can cross paths. Our co-working spaces are designed to inspire ideas and future collaborations. 'Ras Al Khaimah is no longer just a second-home destination; it is now the primary choice for modern investors seeking a lifestyle destination that offers the versatility of a personal retreat combined with a professional hub.' About The Luxe Developers: The Luxe Developers is a leading real estate development firm specialising in crafting extraordinary spaces with opulent interiors. At The Luxe Developers, the company believes that exceptional living spaces can inspire and transform lives and are passionate about creating architectural marvels that redefine the concept of luxury and provide an unmatched living experience with a commitment to excellence and attention to detail that ensures every project the company undertakes sets a new standard in urban living. From incredible attention to detail and sourcing the finest materials to seeking out the world's most skilled artisans and handpicking the best-in-class architects and designers, the company's vision is to deliver spaces that elevate the human experience with the belief that extraordinary quality and luxury craftsmanship elevates every living moment. The Luxe Developers aims to bring a sense of individualism to every project and build structures that turn into the landmarks of tomorrow.
Yahoo
10-05-2025
- Yahoo
Huge great white shark spotted swimming near surfers in Pismo Beach. See the video
After surfing for 34 years, David Steiner knows he's not alone in the ocean. The idea of creatures lurking beneath the waves used to freak him out. But now, the Arroyo Grande resident is a bit of a shark enthusiast — and he captures drone footage of the 'king of the ocean' whenever he can. In April, he took videos of great white sharks swimming near Oceano and Pismo Beach. He posted the videos on his Instagram @caveman_476. One video shows a massive shark slowly cruising through the shallow waters off Pismo Beach as surfers wait to catch waves nearby. 'They're definitely seasonal, and they're back in town,' he said. Seeing the sharks on video and understanding their habits eased his fears about encountering them. 'I started really watching what they were doing, and they were just ignoring surfers completely,' Steiner said. 'That kind of helps my mentality with staying in the water.' In 2022, he saw an 8-foot-long shark and a 10-foot-long shark swimming together, and he sailed closer to check them out. 'It's kind of surreal, because, you know you probably shouldn't be tempting fate,' Steiner said. 'But it's too hard to not take the opportunity to just have a longer glance at them.' Normally, he sees sharks swimming out past the furthest waves. When the waves are tall, the sharks travel deeper into the ocean. When the surf is flat, sharks swim about 100 feet from shore, he said. 'They're just like the perfect creature,' he said. 'They're so still. Like, when I had one just right next to me, I didn't know it was there, and then I realized, we never know they're there.' Back in April, Steiner said his friend was chased out of the water by a great white shark between Pier Avenue and Grand Avenue in Oceano. So on April 16, Steiner packed up his drone and set out to find the shark. 'I flew it up and immediately saw it,' he said. For three days, the shark swam to the same spot at 10:45 a.m. Steiner suspected that the shark was hunting for fish in the rip current. Steiner then took the drone to Pismo Beach on his 49th birthday. On April 21, he spotted a 12-foot-long shark that he called Big Mama. 'I swear to God, this thing's body was so fat, I thought it was somebody's boat. I thought it was an orca. And then when I saw it was a great white, I was trembling,' he said. The shark swam near a group of surfers, and Steiner started to worry. 'I have tried flying my drone in people's faces, and they don't react anyway,' he said. 'They wave you off, they don't know what you're trying to tell them. There's no speaker.' Steiner moved his drone above the shark, and luckily, the surfers paddled to shore. When he later posted the video on Instagram, a surfer messaged him and said when he saw the drone, he decided to stop surfing for the day just in case there was a shark nearby. Steiner had a message for swimmers on the Central Coast: 'Don't be afraid of the water,' he said. 'The lack of incidents proves to me that they're not interested.' Steiner recounted an incident in 2019, when a shark approached his paddle board in the water off Oceano. He paddled out about 100 feet from shore, then spotted a 13-foot-long great white shark beside him in the water. 'It popped up right in front of me, and it was bigger than my board,' he said. Then, the shark darted through the water — leaving not a ripple on the surface of the ocean. 'It turned, made a U-turn, and it came to the other side of me and stopped,' he said. A wave rocked the paddle board, and Steiner fell into the water, landing in the patch of ocean where the shark had just appeared. 'I was just waiting to get bit,' Steiner said, but the shark swam away — uninterested in him. To calm himself down, Steiner visualized the videos he'd seen of sharks swimming around surfers without interest. He figured that sharks swim near humans every day without taking a bite. San Luis Obispo County's last recorded fatal great white shark attack happened near Morro Rock in 2021. Before that, only two fatal shark attacks had been recorded in recent history, one in Morro Bay in 1957 and another in Avila Beach in 2003. Considering the number of non-lethal shark encounters that occur regularly, Steiner doesn't worry too much about the big fish. In fact, when he's windsurfing, Steiner will sometimes approach sharks to get a closer look. 'You just, kind of, ride with them and watch them swim. They're not concerned with you,' he said. 'They're just, like, the king of the ocean.'
Trade Arabia
07-05-2025
- Business
- Trade Arabia
Luxe Developers' Oceano development sold out
The Luxe Developers, the UAE-based real estate development firm, has announced its flagship twin-tower development Oceano, situated on Al Marjan Island, has now sold out, underscoring the project's global appeal and highlighting the demand for ultra-luxury real estate in Ras Al Khaimah. The announcement follows the historic AED180 million sale of The Celest and The Stellar, two ultra-luxury Sky Villa residences within the development. These residences are the most expensive to be sold in Ras Al Khaimah and are redefining the property landscape in the emirate. Collectively, these exclusive Sky Villa residences span over 43,000 sqft, differentiating them from anything else on the market in terms of space and design. Shubam Aggarwal, Chairman and Co-owner of The Luxe Developers, said: 'Oceano's sold-out status highlights the global appetite for high-design, privacy-first living while underscoring Al Marjan Island's and Ras Al Khaimah's evolution as a luxury lifestyle destination. Oceano was our first project and a first for Al Marjan Island in shaping the skylines of tomorrow in terms of its iconic design, opulent finishes and top-tier detailing. 'We are committed to setting new standards for architectural brilliance, amenity integration, and service excellence, which is why Oceano was the optimal choice of ultra-high-net-worth investors (UHNWIs), which will be showcased when the project is handed over next year.' At Oceano, bespoke amenities mean residents will have access to a cigar lounge, a library, and a business lounge. A chauffeur's lounge will also be available, as will a dedicated retail level featuring the best in hospitality, F&B, and leisure. A private beach, children's play area, and pool area will add to the development's family focus. Designed by the acclaimed Dewan Architects + Engineers and interiors by Hirsch Bedner Associates, Oceano's unique design features floors rotated on a plane, offering panoramic views of the Arabian Gulf. Every unit is configured to ensure total seclusion, including all terraces and balconies. This also extends to the shoreline and beach, providing relaxation in a safe and secure environment. Construction on Oceano is moving quickly, with all enabling works, including shoring, excavation, and pilling, having been completed. China State Construction Engineering Corporation Middle East was appointed as the main contractor in October 2024. The company focuses on delivering The Luxe Developers' vision of an architectural landmark, and construction is moving into advanced civil works and the vertical building phase. Siddharta Banerji, Managing Director and Co-owner, added: 'Our strategy was clear from the outset – create timeless spaces that inspire and retain long-term investment value. Oceano proves that ultra-luxury developments in emerging markets like Ras Al Khaimah are as sought-after as those in global metropolitan hubs. 'Backed by a team of seasoned professionals, The Luxe Developers has set new benchmarks for Ras Al Khaimah with our flagship project, Oceano, and we are committed to building future landmarks designed to elevate the UAE's global real estate profile.'
Zawya
07-05-2025
- Business
- Zawya
UAE: Luxe Developers' Oceano development sold out
The Luxe Developers, the UAE-based real estate development firm, has announced its flagship twin-tower development Oceano, situated on Al Marjan Island, has now sold out, underscoring the project's global appeal and highlighting the demand for ultra-luxury real estate in Ras Al Khaimah. The announcement follows the historic AED180 million sale of The Celest and The Stellar, two ultra-luxury Sky Villa residences within the development. These residences are the most expensive to be sold in Ras Al Khaimah and are redefining the property landscape in the emirate. Collectively, these exclusive Sky Villa residences span over 43,000 sqft, differentiating them from anything else on the market in terms of space and design. Shubam Aggarwal, Chairman and Co-owner of The Luxe Developers, said: 'Oceano's sold-out status highlights the global appetite for high-design, privacy-first living while underscoring Al Marjan Island's and Ras Al Khaimah's evolution as a luxury lifestyle destination. Oceano was our first project and a first for Al Marjan Island in shaping the skylines of tomorrow in terms of its iconic design, opulent finishes and top-tier detailing. 'We are committed to setting new standards for architectural brilliance, amenity integration, and service excellence, which is why Oceano was the optimal choice of ultra-high-net-worth investors (UHNWIs), which will be showcased when the project is handed over next year.' At Oceano, bespoke amenities mean residents will have access to a cigar lounge, a library, and a business lounge. A chauffeur's lounge will also be available, as will a dedicated retail level featuring the best in hospitality, F&B, and leisure. A private beach, children's play area, and pool area will add to the development's family focus. Designed by the acclaimed Dewan Architects + Engineers and interiors by Hirsch Bedner Associates, Oceano's unique design features floors rotated on a plane, offering panoramic views of the Arabian Gulf. Every unit is configured to ensure total seclusion, including all terraces and balconies. This also extends to the shoreline and beach, providing relaxation in a safe and secure environment. Construction on Oceano is moving quickly, with all enabling works, including shoring, excavation, and pilling, having been completed. China State Construction Engineering Corporation Middle East was appointed as the main contractor in October 2024. The company focuses on delivering The Luxe Developers' vision of an architectural landmark, and construction is moving into advanced civil works and the vertical building phase. Siddharta Banerji, Managing Director and Co-owner, added: 'Our strategy was clear from the outset – create timeless spaces that inspire and retain long-term investment value. Oceano proves that ultra-luxury developments in emerging markets like Ras Al Khaimah are as sought-after as those in global metropolitan hubs. 'Backed by a team of seasoned professionals, The Luxe Developers has set new benchmarks for Ras Al Khaimah with our flagship project, Oceano, and we are committed to building future landmarks designed to elevate the UAE's global real estate profile.' Ras Al Khaimah continues to experience heightened interest from UHNWIs regionally and internationally. With the sale of its most expensive residences, the emirate is holding its own against the more established luxury markets in the UAE. - TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
