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

A two-bedroom apartment within Costa Mare Tower IV on Al Marjan Island presents one of Ellington Properties' signature waterfront off-plan residences in Ras Al Khaimah. With a total built-up area of 1,235 sqft — comprising approximately 1,110 sqft of internal living space and a 125 sqft external area — the layout delivers a generous footprint that is notably above the typical two-bedroom benchmark for this coast.

The listed asking price is AED 4,264,828, equating to approximately AED 3,453 per sqft, with a structured 70/30 payment plan: 70% payable during construction and 30% on handover under Ellington's off-plan programme. Annual service charges are set at AED 19 per sqft per year, giving buyers a clear holding-cost baseline from day one. Buyers comparing this unit against a broader set of off-plan launches across the UAE may find the detailed breakdown in our off-plan apartments buyer's guide — a numbers-first walkthrough of costs, risks, and SPA structures a useful committing.

Al Marjan Island is Ras Al Khaimah's principal man-made island archipelago, anchored by an expanding hospitality and residential corridor. Costa Mare by Ellington Properties is positioned as a premium lifestyle development within this corridor, with Ellington's design sensibility — known for material palettes and considered layouts — carried through to each residence. The project is listed as off-plan with handover governed by Ellington's standard programme timeline; no specific handover date is confirmed in the current listing data.

For buyers assessing waterfront off-plan opportunities across the UAE, the 2026 shortlist of the best areas to buy off-plan property provides a location-by-location investment context that includes emerging corridors beyond Dubai's core. To explore the full range of off-plan projects currently tracked on this platform, visit the off-plan projects inventory.

Key figures at a glance:

• Property type: 2-bedroom apartment, off-plan
• Total area: 1,235 sqft (1,110 sqft internal + 125 sqft external)
• Price: AED 4,264,828 | AED 3,453/sqft
• Payment plan: 70/30
• Service charge: AED 19/sqft/year
• Developer: Ellington Properties
• Location: Costa Mare Tower IV, Al Marjan Island
• Amenities: [DATA NEEDED]
• Bathrooms: [DATA NEEDED]
• Handover date: [DATA NEEDED]
• Views: [DATA NEEDED]
• Freehold status: [DATA NEEDED]