The UAE-based real estate firm The Luxe Developers has appointed China State Construction Engineering Corporation (Middle East) (L.L.C) as its main contractor for its AED1.5 billion ($408 million) Oceano development in Al Marjan Island.
The company, headquartered in Beijing, is the largest construction company in the world by revenue, and will carry out main construction, completion and maintenance for the pioneering project. All enabling works, such as shoring, piling and excavation, have been completed by S.S. Lootah Foundations.
Shubam Aggarwal Chairman and Co-owner – The Luxe Developers
“China State Construction is firmly established, has a solid reputation, combined with a wealth of experience working on prestigious projects in the UAE, the wider Middle East region, and globally. Their expertise will be invaluable in delivering our vision of Oceano and ensuring it meets the criteria of our overseas and local ultra-high-net-worth clientele.”
Tian Sanchuan, President of China State Construction Engineering Corporation (Middle East) (L.L.C), stated that, “We are honored to be appointed as the main contractor for The Luxe Developers’ Oceano project. This partnership reflects our commitment to delivering excellence and innovation in every endeavor. We look forward to leveraging our extensive experience and expertise to bring this visionary development to life, ensuring it meets the highest standards for our distinguished client The Luxe Developers.”
Oceano, set to be completed by 2026, comprises 206 units over 18 storeys and includes one-four bedroom apartments, six penthouses, and the two exclusive sky villas.
The development, located on a unique corner plot on Al Marjan Island, spans across a built-up area (BUA) of 79,000 sqm. It will feature an infinity pool with panoramic views of Arabian Sea connecting the twin tower development, cutting-edge fitness facilities with gyms and yoga studios, and rejuvenating spa services.
The development also includes a range of unique design attributes, such as free-flowing glass facades and minimalist frames. Each floor rotates on different planes, offering unique and uninterrupted view of the Arabian Gulf for each resident.
Siddharta Banerji, Managing Director and Co-owner of The Luxe Developers, added that, “At The Luxe Developers, we are dedicated to building unique homes that create extraordinary living experiences that inspire and elevate. Every project we undertake underscores our commitment and dedication to craftsmanship and attention to detail while pushing the boundaries of design. Our vision is to redefine the standards of exclusivity and transform spaces into architectural landmarks that stand the test of time.”
