Al Marjan Island·Developer: Ellington Properties
Costa Mare Tower II is an off-plan residential development by Ellington Properties positioned on Al Marjan Island, the man-made archipelago off the coast of Ras Al Khaimah that has become one of the most closely watched waterfront addresses in the Northern Emirates. This two-bedroom apartment offers a total built-up area of 1,098 sq ft, comprising approximately 960 sq ft of internal living space and a 138 sq ft external area — a configuration that suits owner-occupiers seeking a full-time coastal residence and investors looking for a compact, high-specification off-plan entry point.
The listing price is AED 3,595,828, equating to approximately AED 3,276 per sq ft at the time of listing. Ellington Properties is offering a 70/30 payment plan: 70% payable during the construction phase and the remaining 30% on handover. Buyers should note a service charge of AED 19 per sq ft per year — translating to an indicative annual service fee in the region of AED 20,855 — which should be factored into any long-term cost-of-ownership or yield calculation. Handover is scheduled under Ellington's off-plan programme; prospective purchasers should confirm the precise handover timeline directly with the developer.
Ellington Properties has built a reputation for design-led residential projects across the UAE, and Costa Mare extends that identity to the waterfront context of Al Marjan Island. The project's island setting places residents within reach of Ras Al Khaimah's growing leisure, hospitality, and retail infrastructure. No specific amenity list for this tower has been provided in the current listing data — buyers are encouraged to request the full facilities schedule from the developer before committing.
Al Marjan Island continues to attract attention from buyers diversifying beyond Dubai's established districts. For a broader perspective on where off-plan opportunities are being identified across the UAE in 2026, the 2026 buyer's shortlist for the best areas to buy off-plan property provides a useful. If you are new to purchasing off-plan in the region, the comprehensive off-plan apartment buyer's guide covering pricing, SPA terms, and escrow structures is worth reviewing before you sign anything.
To compare Costa Mare Tower II against other active off-plan launches, browse the full off-plan projects inventory or explore additional listings across the live residential inventory.
Payment Plan: 70/30 · Service Charge: AED 19/sqft/yr · Price per sqft: AED 3,276.
The apartment has a total built-up area of 1,098 sq ft, made up of approximately 960 sq ft of internal living space and 138 sq ft of external area.
The listed asking price is AED 3,595,828, which equates to approximately AED 3,276 per sq ft based on the total built-up area at the time of listing.
Under the 70/30 structure offered by Ellington Properties, 70% of the purchase price is payable in instalments during the construction phase, with the remaining 30% due on handover. Buyers should confirm the exact instalment schedule directly with the developer, as milestone dates are subject to construction progress.
The service charge is AED 19 per sq ft per year. Based on the total built-up area of approximately 1,098 sq ft, the indicative annual service fee is around AED 20,855. This figure should be verified with the developer or the relevant owners' association before purchase.
Freehold status for this project has not been specified in the current listing data. Prospective buyers should confirm ownership structure and freehold eligibility directly with Ellington Properties or through official Ras Al Khaimah land department records before proceeding.
A detailed amenities list for Costa Mare Tower II has not been provided in the current listing data. Buyers are encouraged to request the full facilities schedule from Ellington Properties directly.
A specific handover date has not been confirmed in the listing data provided. Handover is described as being under Ellington's off-plan programme. Buyers should request the latest construction timeline and milestone schedule directly from the developer.