Costa Mare Tower IV | 2-Bedroom Apartment on Al Marjan Island by Ellington Properties

Positioned within Costa Mare Tower IV — part of the acclaimed Costa Mare development by Ellington Properties on Al Marjan Island — this 2-bedroom apartment offers a total built-up area of 1,282 sq ft, made up of approximately 1,128 sq ft of internal living space and 155 sq ft of external area. Priced at AED 4,580,828 (approximately AED 3,572 per sq ft), the residence sits within Ellington's signature off-plan programme, where the developer's design-forward approach is a consistent point of differentiation across its portfolio.

The listing is offered directly from the developer under a 70/30 payment plan, meaning 70% is payable during the construction phase and the remaining 30% falls due at handover. The annual service charge is AED 19 per sq ft per year — buyers should factor this into their holding-cost calculations alongside the purchase price. Freehold status, handover timeline, and specific finish specifications are [DATA NEEDED] and should be confirmed directly with the developer before reservation.

Al Marjan Island is a man-made archipelago in Ras Al Khaimah that has drawn increasing attention from off-plan buyers and long-term investors alike, in part due to major hospitality and entertainment announcements in the emirate. For buyers weighing this location against other growth corridors, our article on the best areas to buy off-plan property in Dubai and the wider UAE in 2026 provides a structured comparison of emerging and established markets.

If you are new to off-plan acquisitions or want a factual breakdown of how staged payment structures, escrow arrangements, and handover obligations work, the off-plan apartment buyer's guide that goes straight to the numbers is a practical starting point before committing to any reservation.

To explore other available residences across Ellington's current off-plan releases and compare this unit against the broader market, visit the off-plan projects inventory on this platform.