Al Hamra Village, Ras Al Khaimah·Developer: Ellington Properties
This is an off-plan 1-bedroom apartment in Soto Grande Tower I by Ellington Properties, located in Al Hamra Village, Ras Al Khaimah. Unit I-1009 is priced at AED 1,719,828, spans 777.69 sqft, and suits buyers seeking a branded coastal residence or investors comparing entry price, price per sqft, and a 70/30 payment plan.
Soto Grande Tower I brings Ellington Properties' signature design sensibility to Al Hamra Village, Ras Al Khaimah — one of the emirate's most established master-planned communities. This 1-bedroom apartment spans a total built-up area of 778 sqft, comprising 701 sqft of internal living space and a 77 sqft external area, making efficient use of every square foot.
The asking price is AED 1,719,828, equating to approximately AED 2,211 per sqft — a figure that Ellington's positioning at the design-led end of the off-plan market. The project is offered under a 70/30 payment plan, meaning 70% is payable during construction and the remaining 30% on handover. Buyers should note the indicative service charge of AED 16 per sqft per year (approximately AED 12,443 annually on this unit's total area) when modelling holding costs.
As an off-plan residence sourced directly from the developer, Soto Grande Tower I sits within Ellington's broader commitment to boutique, amenity-rich living — a philosophy evident across its Dubai portfolio and now extended to Ras Al Khaimah. Al Hamra Village itself is a waterfront master community known for its golf course, marina, and resort-style infrastructure, giving this apartment a lifestyle context that goes well beyond the four walls of the unit.
If you are weighing up off-plan opportunities across the Northern Emirates and Dubai simultaneously, the 2026 buyer's shortlist of the best areas to buy off-plan property covers the key market considerations in detail. For buyers newer to the off-plan process, the off-plan apartments buyer's guide that goes straight to the numbers is a useful committing to any payment plan structure.
To explore additional off-plan launches and compare developer track records, browse the full off-plan projects available on the platform. The developer profiles directory provides further background on Ellington Properties and other active developers in the UAE market.
Key facts at a glance:
Payment Plan: 70/30 · Service Charge: AED 16/sqft/yr · Price per sqft: AED 2,211.