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

Costa Mare Tower IV is one of Ellington Properties' signature waterfront addresses on Al Marjan Island, Ras Al Khaimah — a destination that has rapidly emerged as one of the Gulf's most-watched off-plan corridors. This 2-bedroom apartment spans a total built-up area of 1,254 sqft, comprising approximately 942 sqft of internal living space and 312 sqft of external area, delivering a layout that balances everyday liveability with the open-air character that island living demands.

Listed at AED 4,308,828 — equating to approximately AED 3,435 per sqft — the residence is offered direct from the developer under Ellington's off-plan programme. A structured 70/30 payment plan (70% during construction, 30% on handover) allows buyers to stage capital commitment in line with project milestones, rather than deploying the full purchase price upfront. The annual service charge is set at AED 19 per sqft per year, giving buyers a clear, quantifiable running-cost input for their financial modelling.

Ellington Properties has built a reputation in the UAE market for design-led residential projects, and Costa Mare continues that trajectory with its coastal positioning on Al Marjan Island. No specific amenity list has been provided for this tower at this time — view the full Ellington Properties developer profile for project-level detail as it is released.

Al Marjan Island itself is an artificial archipelago in Ras Al Khaimah comprising four coral-shaped islands extending into the Arabian Gulf. If you are still mapping out which off-plan locations suit your acquisition strategy, our editorial team's breakdown of the best areas to buy off-plan property in the UAE in 2026 provides a factual shortlist to benchmark this location against other active corridors. For a deeper look at how to read developer payment plans, absorption rates, and handover risk, the off-plan apartments buyer's guide strips back the marketing layer and goes straight to the numbers.

Buyers comparing Costa Mare Tower IV against other available off-plan releases can browse the full off-plan projects inventory to assess competing product across price, location, and developer. For context on community infrastructure and lifestyle offer on Al Marjan Island, the community guides section is the best starting point — [DATA NEEDED: a dedicated Al Marjan Island community guide page is not yet available in the linked pages list].