Soto Grande Tower I – 2BR Apartment | Al Hamra Village, RAK | Ellington | Muhalab Adam | Strategic Real Estate Intelligence
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Soto Grande Tower I | 2BR Apartment | Al Hamra Village, Ras Al Khaimah | by Ellington

Soto Grande Tower I – 2-Bedroom Apartment in Al Hamra Village, Ras Al Khaimah by Ellington Properties

Al Hamra Village, Ras Al Khaimah·Developer: Ellington Properties

2 BR 1,240.86 sqftOff-Plan
AED 2,898,828
Quick Answer

This is a 2-bedroom off-plan apartment in Soto Grande Tower I by Ellington Properties, located in Al Hamra Village, Ras Al Khaimah, priced at AED 2,898,828. Unit I-1406 offers 1,240.86 sqft with a 70/30 payment plan, making it suitable for buyers seeking a branded off-plan residence or a structured investment entry in Ras Al Khaimah.

Description

This 2-bedroom apartment in Soto Grande Tower I is part of Soto Grande by Ellington Properties, an off-plan residential development set within Al Hamra Village, Ras Al Khaimah — one of the emirate's most established waterfront master communities. The residence spans a total built-up area of 1,241 sqft, comprising 1,124 sqft of internal living space and 117 sqft of external area, offering a well-proportioned layout suited to owner-occupiers and buy-to-hold investors alike.

Listed at AED 2,898,828 — equivalent to approximately AED 2,336 per sqft — this off-plan apartment comes with a structured 70/30 payment plan, with 70% payable during construction and the remaining 30% on handover under Ellington's off-plan programme. The annual service charge is set at AED 16 per sqft per year, giving buyers a clear picture of holding costs from the outset.

Ellington Properties is recognised across the UAE for design-led residential projects that prioritise interior finish quality and lifestyle-oriented layouts. Soto Grande Tower I continues that signature approach in the Ras Al Khaimah market, where off-plan pricing per sqft remains notably different from Dubai's most in-demand corridors. Buyers comparing options across the Northern Emirates may find the 2026 buyer's shortlist for off-plan property locations a useful contextualising Al Hamra Village within the broader UAE off-plan landscape.

For buyers new to off-plan purchases, understanding contract structure, escrow protections, and handover milestones is essential before committing. The comprehensive off-plan apartment buyer's guide covers those fundamentals in detail — from reading the SPA to evaluating developer track records — and applies equally to projects in Ras Al Khaimah.

No bathroom count has been provided in the current listing data — [DATA NEEDED] for confirmed bathroom configuration. Similarly, no specific views, floor-level details, or amenity list have been confirmed in the source data and are the. Buyers are encouraged to request the full unit fact sheet and floor plan directly via the on-page enquiry form for verified specifications.

To explore comparable off-plan apartments currently available across the platform, visit the full off-plan projects inventory.

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Highlights

2BR Apartment1241 sqftPayment Plan 70/30Soto GrandeAl Hamra Village, Ras Al Khaimah

Investment Insight

Payment Plan: 70/30 · Service Charge: AED 16/sqft/yr · Price per sqft: AED 2,336.

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