Al Hamra Village, Ras Al Khaimah·Developer: Ellington Properties
This is a 1-bedroom off-plan apartment in Soto Grande Tower I by Ellington Properties in Al Hamra Village, Ras Al Khaimah, priced at AED 1,864,828. Unit I-718 offers 780.81 sqft and a 70/30 payment plan, making it suitable for buyers seeking a branded coastal residence or an off-plan investment with clearly stated price-per-sqft and service charge.
This off-plan one-bedroom apartment in Soto Grande Tower I sits within the established coastal master community of Al Hamra Village, Ras Al Khaimah — one of the emirate's most recognised waterfront addresses. Developed by Ellington Properties, Soto Grande brings the Dubai-based developer's signature design-led approach to the RAK market for the first time, targeting buyers who want residential quality outside of Dubai's densely priced corridors.
The apartment measures 781 sqft in total built-up area, comprising 701 sqft of internal living space and an 80 sqft external area — a practical split that allows for a private outdoor extension to the primary living zone. At an asking price of AED 1,864,828, the unit is priced at approximately AED 2,388 per sqft, giving buyers a clear per-sqft benchmark to carry into their own due diligence.
The structured 70/30 payment plan — 70% payable during construction and 30% on handover — is particularly suited to buyers who pof their capital commitment with the construction timeline rather than front-loading at signing. The annual service charge is fixed at AED 16 per sqft per year, which on this unit translates to a transparent and calculable holding cost from day one.
No bathroom count is confirmed in the current listing data; buyers should verify the bathroom configuration directly via the on-page enquiry form before proceeding. The unit is offered unfurnished, as is standard for off-plan handovers under Ellington's programme. No specific view corridor is confirmed in the listing data at this time.
For buyers comparing off-plan entry points across the Northern Emirates and Dubai, the 2026 buyer's shortlist of the best areas to buy off-plan property provides a structured framework for evaluating location fundamentals before committing. Those newer to off-plan purchasing in this region will also benefit from reading the off-plan apartments buyer's guide that cuts through the marketing and focuses on the numbers — the same due-diligence logic applies to RAK purchases. To explore the broader range of off-plan opportunities currently available, the full off-plan projects inventory is the most direct starting point.
Payment Plan: 70/30 · Service Charge: AED 16/sqft/yr · Price per sqft: AED 2,388.