Costa Mare Tower I – 2-Bedroom Apartment on Al Marjan Island by Ellington Properties
Al Marjan Island·Developer: Ellington Properties
Description
Costa Mare Tower I presents a generously proportioned 2-bedroom apartment on Al Marjan Island, delivered under Ellington Properties' signature off-plan programme. The residence spans a total built-up area of 1,424 sqft, divided between 1,110 sqft of internal living space and a 314 sqft external area — an allocation that Ellington's characteristic emphasis on liveable, well-balanced floor plans in a coastal setting.
The project is offered direct from the developer at AED 5,156,828, equating to approximately AED 3,620 per sqft. Buyers benefit from a structured 70/30 payment plan, with 70% payable during construction and 30% due on handover — a schedule typical of Ellington's off-plan releases and designed to spread capital commitment over the build period. The listed service charge is AED 19 per sqft per year, which should be factored into any long-term cost modelling.
Al Marjan Island is Ras Al Khaimah's premier man-made island destination, attracting increasing interest from buyers who prioritise a waterfront lifestyle outside the density of central Dubai. Costa Mare sits within this evolving coastal corridor, positioning residents close to the island's leisure, hospitality, and beach infrastructure. For a broader comparison of off-plan destinations across the UAE, the 2026 buyer's shortlist of the best areas to buy off-plan property in Dubai and the UAE provides useful regional context.
Buyers who are newer to the off-plan acquisition process will find the comprehensive off-plan apartments buyer's guide — focused on numbers rather than marketing — a practical starting point for understanding escrow protections, handover procedures, and developer track records before committing.
This listing is classified as off-plan and is sourced directly from the developer. Amenity-level detail and handover timeline beyond what is stated above have not been confirmed in the listing data at this stage — [DATA NEEDED] for completion date and full amenity schedule. To explore the full range of off-plan opportunities currently available, visit the off-plan projects inventory.
Location on the Map
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Investment Insight
Payment Plan: 70/30 · Service Charge: AED 19/sqft/yr · Price per sqft: AED 3,620.
Frequently Asked Questions
›What is the total size of the 2-bedroom apartment in Costa Mare Tower I?
The apartment has a total built-up area of 1,424 sqft, comprising 1,110 sqft of internal living space and 314 sqft of external area.
›What is the asking price and price per sqft for this Costa Mare listing?
The listed asking price is AED 5,156,828, which equates to approximately AED 3,620 per sqft based on the total built-up area.
›What payment plan is available for this off-plan apartment in Costa Mare?
Ellington Properties offers a 70/30 payment plan on this unit: 70% is payable during the construction phase and 30% is due upon handover.
›What are the service charges for Costa Mare Tower I?
The listed service charge is AED 19 per sqft per year. For a unit of 1,424 sqft, this would translate to approximately AED 27,056 annually, though buyers should confirm the exact figure directly.
›When is the handover date for Costa Mare Tower I by Ellington Properties?
A specific handover date has not been confirmed in the current listing data. [DATA NEEDED] — please use the on-page enquiry form or contact the developer directly for the latest programme schedule.
›Is this apartment freehold for non-UAE nationals?
Freehold status for non-UAE nationals has not been confirmed in the listing data provided. [DATA NEEDED] — buyers should verify ownership eligibility with Ellington Properties or the relevant Ras Al Khaimah land authority.
›Where is Al Marjan Island located and what makes it a notable destination?
Al Marjan Island is a group of man-made islands in Ras Al Khaimah, United Arab Emirates. It is Ras Al Khaimah's flagship waterfront address, known for its coastal leisure infrastructure and relative distance from the density of central Dubai. For a wider perspective on UAE off-plan destinations, see the off-plan buyer's shortlist article linked in this listing.
