Costa Mare Tower II — 2-Bedroom Apartment on Al Marjan Island by Ellington Properties
Al Marjan Island·Developer: Ellington Properties
Description
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).
Location on the Map
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Investment Insight
Payment Plan: 70/30 · Service Charge: AED 19/sqft/yr · Price per sqft: AED 3,260.
Frequently Asked Questions
›What is the total area of this 2-bedroom apartment in Costa Mare Tower II?
The apartment has a total built-up area of 1,328 sq ft, made up of approximately 960 sq ft of internal living space and 368 sq ft of external area such as a terrace or balcony.
›What is the asking price and price per sq ft for this Costa Mare unit?
The listed asking price is AED 4,328,828, which equates to approximately AED 3,260 per sq ft based on the total built-up area.
›How does the 70/30 payment plan for Costa Mare Tower II work?
Under the 70/30 structure, 70% of the purchase price is paid during the construction phase in instalments agreed with the developer, and the remaining 30% is due upon handover of the completed unit. Buyers should confirm the precise instalment schedule directly with Ellington Properties.
›What are the projected service charges for this apartment?
Service charges are set at AED 19 per sq ft per year. For this apartment's total area of 1,328 sq ft, that equates to approximately AED 25,232 per year, though buyers should verify the final figure with the developer's team at the time of contract.
›Is Costa Mare Tower II a freehold property on Al Marjan Island?
[DATA NEEDED] — freehold or leasehold status for this specific unit has not been provided in the listing data. Buyers should confirm tenure directly with Ellington Properties before signing any reservation form.
›When is the expected handover date for Costa Mare Tower II?
[DATA NEEDED] — a specific handover or completion date has not been included in the listing information. Please contact the developer or enquire via the on-page form for the current project timeline.
›What amenities are available within Costa Mare on Al Marjan Island?
[DATA NEEDED] — the listing does not specify individual amenities for this apartment or the wider Costa Mare development at this stage. We recommend reviewing Ellington Properties' official project brochure for a confirmed amenity list.
