Al Marjan Island·Developer: Ellington Properties
This two-bedroom apartment in Costa Mare Tower II, developed by Ellington Properties, sits within the coastal master community of Al Marjan Island — a man-made archipelago in Ras Al Khaimah that has emerged as one of the Gulf's most discussed waterfront destinations for off-plan buyers. The residence spans a total built-up area of 1,274 sqft, broken down into 1,128 sqft of internal living space and a 146 sqft external area — a split that lends the layout genuine versatility between enclosed living and outdoor enjoyment.
Listed at AED 4,238,828 (approximately AED 3,327 per sqft), the apartment is offered directly from the developer on an off-plan basis with a 70/30 payment plan — 70% payable during construction and 30% on handover — structured under Ellington's signature off-plan programme. The annual service charge is set at AED 19 per sqft per year, giving buyers a clear forward-cost baseline when modelling holding expenses. Handover timing, views, bathroom count, and specific floor details are [DATA NEEDED] and should be confirmed directly with the developer.
Ellington Properties has built its reputation on design-led, lifestyle-centric residential schemes, and Costa Mare is positioned as a seafront expression of that aesthetic philosophy on Al Marjan Island. For buyers comparing this development against other active off-plan launches across the UAE, the 2026 buyer's shortlist of the best areas to buy off-plan property provides a useful geographic context for where Al Marjan Island sits relative to Dubai and wider UAE growth corridors.
If you are new to the mechanics of off-plan purchasing — from escrow protections and SPA clauses to what a 70/30 structure actually means for your cash-flow — the detailed off-plan apartments buyer's guide that goes straight to the numbers is worth reading before committing. Those already active in the off-plan segment can also browse the full off-plan projects currently tracked on this platform to compare pricing, payment structures, and delivery timelines across live launches.
Al Marjan Island's community profile, infrastructure timeline, and comparable asset performance are best assessed via a dedicated area guide. While a specific Al Marjan Island community guide is not yet published on this platform, the full community guides library covers a growing roster of UAE destinations and is updated regularly as new communities are added.
Payment Plan: 70/30 · Service Charge: AED 19/sqft/yr · Price per sqft: AED 3,327.
The apartment has a total built-up area of 1,274 sqft, comprising 1,128 sqft of internal space and 146 sqft of external area.
The listed price is AED 4,238,828, which works out to approximately AED 3,327 per sqft based on the total built-up area.
The apartment is offered on a 70/30 payment plan — 70% is payable during the construction phase and 30% is due upon handover, as structured under Ellington Properties' off-plan programme.
The service charge is AED 19 per sqft per year. For a 1,274 sqft apartment, that equates to approximately AED 24,206 per year, though buyers should confirm the exact applicable area with the developer.
Costa Mare is located on Al Marjan Island in Ras Al Khaimah and is developed by Ellington Properties, a Dubai-based developer known for design-focused residential projects.
Freehold status and the specific handover date are [DATA NEEDED]. Buyers should confirm both directly with Ellington Properties or through the on-page enquiry form.
No specific amenity details have been provided for this listing at this time. Please use the enquiry form to request a full development brochure from the developer.