Al Marjan Island·Developer: Ellington Properties
This is a 2-bedroom off-plan apartment in Playa del Sol by Ellington Properties on Al Marjan Island, priced at AED 3,807,828. The unit offers 1,263.9 sqft, a 70/30 payment plan, and a price of about AED 3,013 per sqft, making it suitable for buyers seeking a premium coastal residence or investment apartment.
A 2-bedroom apartment within Playa del Sol, Ellington Properties' beachfront-inspired off-plan development on Al Marjan Island, is listed at AED 3,807,828. The residence delivers a total built-up area of 1,264 sqft, comprising approximately 1,096 sqft of internal living space and a 168 sqft external area — a generous balance for a 2-bedroom configuration at this price point of AED 3,013 per sqft.
The project is offered off-plan directly through the developer, with a 70/30 payment plan: 70% payable during the construction phase and the remaining 30% on handover. Buyers should factor in an annual service charge of AED 16 per sqft, which equates to an estimated AED 20,222 per year based on the listed built-up area. No specific completion date or amenity list has been confirmed by the developer at the time of this listing — buyers are encouraged to request the latest project timeline and facilities schedule directly via the on-page enquiry form.
Al Marjan Island is Ras Al Khaimah's flagship man-made archipelago, positioned along the emirate's coastline and drawing increasing attention from investors looking beyond Dubai's traditional submarkets. Ellington Properties brings its signature design-led residential approach to this address, making Playa del Sol one of the more design-forward options on the island. To understand how Al Marjan Island and similar waterfront destinations are performing relative to established Dubai corridors, the 2026 shortlist of the best areas to buy off-plan property covers the current landscape in detail.
Buyers new to the off-plan purchase process — particularly regarding escrow protections, handover milestones, and what a 70/30 split means in practice — will find the off-plan apartment buyer's guide that goes straight to the numbers a useful committing. Additional off-plan opportunities across the wider market are catalogued in the off-plan projects section.
Payment Plan: 70/30 · Service Charge: AED 16/sqft/yr · Price per sqft: AED 3,013.