Costa Mare Tower II – 2BR Apartment, Al Marjan Island | Ellington | Muhalab Adam | Strategic Real Estate Intelligence
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Costa Mare Tower II | 2BR Apartment | Al Marjan Island | by Ellington

Costa Mare Tower II – 2-Bedroom Apartment for Sale in Al Marjan Island by Ellington Properties

Al Marjan Island·Developer: Ellington Properties

2 BR 1,095.77 sqftOff-Plan
AED 3,590,828
Quick Answer

This is a 2-bedroom off-plan apartment in Costa Mare Tower II by Ellington Properties on Al Marjan Island, priced at AED 3,590,828. Unit II 108 offers 1,095.77 sqft and suits buyers seeking a branded waterfront apartment with a 70/30 payment plan and stated service charge and price-per-sqft metrics.

Description

This two-bedroom apartment in Costa Mare Tower II is part of Costa Mare, Ellington Properties' residential project on Al Marjan Island in Ras Al Khaimah. The residence spans a total built-up area of 1,096 sq ft, comprising approximately 960 sq ft of internal living space and a 136 sq ft external area — a layout that balances everyday comfort with a degree of outdoor connection rarely found at this price point on the island.

The asking price is AED 3,590,828, equating to approximately AED 3,277 per sq ft. Ellington's structured 70/30 payment plan means buyers commit 70% during the construction period and the remaining 30% on handover — a schedule designed to reduce the capital deployed upfront while the project progresses. The annual service charge is AED 19 per sq ft, which translates to an estimated AED 20,820 per year based on the total built-up area.

Al Marjan Island is a man-made archipelago off the Ras Al Khaimah coastline that has attracted considerable developer attention in recent years. Ellington Properties — known primarily for its design-led residential projects across Dubai — has brought its characteristic approach to finishes and spatial planning to this RAK address. For buyers weighing up where Al Marjan Island sits relative to Dubai's off-plan corridors, the 2026 buyer's shortlist of the best areas to buy off-plan property provides a comparative framework worth reading before committing.

This listing is offered direct from the developer. The status is off-plan, so buyers should review the RERA registration details and escrow account documentation as standard practice. For a broader primer on evaluating off-plan purchases — from escrow checks to SPA clauses — the off-plan apartments buyer's guide covers the due-diligence steps without the marketing gloss.

Buyers actively comparing off-plan projects currently available across the UAE can explore the full inventory for side-by-side pricing and payment-plan comparisons. The property is unfurnished, as is standard for developer off-plan handovers at this stage.

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Highlights

2BR Apartment1096 sqftPayment Plan 70/30Costa MareAl Marjan Island

Investment Insight

Payment Plan: 70/30 · Service Charge: AED 19/sqft/yr · Price per sqft: AED 3,277.

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