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

Costa Mare Tower IV is one of the residential towers within Costa Mare, Ellington Properties' waterfront development on Al Marjan Island in Ras Al Khaimah. This two-bedroom apartment offers a total built-up area of 1,290 sqft, composed of 942 sqft of internal living space and a 347 sqft external area — a layout that balances generous indoor comfort with dedicated outdoor space.

The listing price is AED 4,428,828, equating to approximately AED 3,434 per sqft, and the residence is offered directly from the developer as an off-plan unit. Buyers benefit from a 70/30 payment plan — 70% payable during construction and 30% on handover — structured to spread commitment across the build timeline. The annual service charge is set at AED 19 per sqft per year, which for this unit translates to an estimated annual service fee based on the total built-up area.

Al Marjan Island is an archipelago of four coral-shaped islands on the Ras Al Khaimah coastline, offering seafront living within roughly an hour's drive of central Dubai. The island has attracted significant developer interest and is among the locations discussed in our 2026 buyer's shortlist of the best areas for off-plan property in the UAE. Buyers new to the off-plan acquisition process may also find practical context in the off-plan apartments buyer's guide covering due diligence, payment structures, and what the numbers actually mean.

Ellington Properties is a design-led Dubai developer with a portfolio spanning villa and apartment communities. To explore other off-plan releases currently tracked on this platform, visit the full off-plan projects inventory.