Costa Mare Tower II by Ellington — 2-Bedroom Apartment on Al Marjan Island
Al Marjan Island·Developer: Ellington Properties
Description
Costa Mare Tower II is one of Ellington Properties' signature off-plan addresses on Al Marjan Island, Ras Al Khaimah — a waterfront master community that has attracted growing buyer attention from both the UAE and international markets. This 2-bedroom apartment within the project offers a total built-up area of 1,098 sq ft, comprising approximately 960 sq ft of internal living space and 138 sq ft of external area, giving residents a meaningful outdoor extension to the home.
The listed asking price is AED 3,595,828, equating to approximately AED 3,276 per sq ft — a figure buyers are encouraged to benchmark against broader Al Marjan Island comparable launches. The project is offered on a 70/30 payment plan: 70% payable during construction milestones and 30% on handover, which is a structure typical of Ellington's off-plan programme. Annual service charges are set at AED 19 per sq ft per year — equivalent to roughly AED 20,857 per annum on this unit's built-up area — a number worth factoring into any holding-cost calculation.
The unit is being offered directly from the developer, which means no secondary-market premium applies to the listed price. Bathrooms count is not confirmed in the current listing data — prospective buyers should request the floor plan from the developer for exact specifications.
Al Marjan Island's profile has shifted considerably as Ras Al Khaimah has accelerated its hospitality and residential pipeline. For a structured overview of where off-plan opportunities currently sit across the northern emirates and Dubai, the 2026 buyer's shortlist of the best areas to buy off-plan property provides a useful comparative lens. Separately, if you are new to navigating off-plan purchases — payment milestones, escrow accounts, SPA terms — the off-plan apartment buyer's guide that goes straight to the numbers is a practical signing anything.
Buyers evaluating the broader off-plan landscape can also browse the full off-plan projects currently tracked on the platform, or explore the developer profiles for background on Ellington Properties' delivery record and portfolio range.
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Investment Insight
Payment Plan: 70/30 · Service Charge: AED 19/sqft/yr · Price per sqft: AED 3,276.
Frequently Asked Questions
›What is the total size of this 2-bedroom apartment in Costa Mare Tower II?
The apartment has a total built-up area of 1,098 sq ft — approximately 960 sq ft of internal living space and 138 sq ft of external (terrace/balcony) area.
›What is the asking price and price per sq ft for this Costa Mare listing?
The listed asking price is AED 3,595,828, which works out to approximately AED 3,276 per sq ft based on the total built-up area.
›How does the 70/30 payment plan work for Costa Mare Tower II?
Under the 70/30 structure, 70% of the purchase price is paid in instalments tied to construction milestones during the build period, with the remaining 30% due upon handover. Exact milestone schedules should be confirmed in the Sales and Purchase Agreement.
›What are the annual service charges for this apartment?
Service charges are set at AED 19 per sq ft per year. On a total built-up area of approximately 1,098 sq ft, that amounts to roughly AED 20,857 per annum — though the precise figure will be based on the area specified in the title deed.
›Who is the developer of Costa Mare Tower II and is it available directly from the developer?
Costa Mare Tower II is developed by Ellington Properties, a Dubai-based developer known for design-led residential projects. This listing is sourced directly from the developer, meaning no secondary-market premium is included in the listed price.
›What community is Costa Mare Tower II located in?
Costa Mare Tower II is situated on Al Marjan Island, a man-made archipelago in Ras Al Khaimah that has become one of the northern emirates' most active destinations for residential and hospitality development.
