Costa Mare Tower II — 2-Bedroom Apartment on Al Marjan Island by Ellington Properties

Costa Mare Tower II is one of Ellington Properties' signature coastal projects on Al Marjan Island, Ras Al Khaimah — a destination that has steadily drawn attention from Gulf and international buyers seeking a sea-facing lifestyle outside of Dubai. This two-bedroom apartment within the Costa Mare development offers a total built-up area of 1,328 sq ft, comprising approximately 960 sq ft of internal living space and a generous 368 sq ft of external area — a layout that suits both owner-occupiers and investors planning for future rental demand along the island's expanding coastline.

Listed at AED 4,328,828 (approximately AED 3,260 per sq ft), the unit is offered directly from the developer under Ellington's off-plan programme. The payment structure follows a 70/30 split — 70% payable during the construction phase and 30% on handover — providing buyers with a phased capital commitment common to premium off-plan launches in the UAE. Projected service charges are set at AED 19 per sq ft per year, which buyers should factor into their holding-cost calculations alongside any financing arrangements.

Al Marjan Island is a man-made archipelago in Ras Al Khaimah that has attracted a growing roster of branded residences and resort-adjacent developments, partly driven by the emirate's evolving leisure and hospitality pipeline. For buyers assessing where Al Marjan Island sits within the broader UAE off-plan landscape, the 2026 buyer's shortlist of the best areas to buy off-plan property in the UAE provides useful regional context.

Ellington Properties is a Dubai-headquartered developer known for design-led residential projects across the UAE. Buyers who want to compare Costa Mare against Ellington's wider portfolio, or explore other developer options, can browse the full UAE developer directory for background on track records and delivered projects.

If you are new to the off-plan acquisition process in the UAE — including escrow arrangements, RERA registration, SPA review and phased payment mechanics — the off-plan apartment buyer's guide covering the numbers behind UAE off-plan purchases is a practical starting point before committing to any reservation. Additional off-plan opportunities across the UAE can also be explored in the live off-plan projects listings.

Key figures at a glance: Total area 1,328 sq ft · Internal 960 sq ft · External 368 sq ft · Price AED 4,328,828 · AED 3,260/sq ft · Payment plan 70/30 · Service charge AED 19/sq ft/yr · Status: Off-Plan (Ellington Properties, direct from developer).