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

This 2-bedroom apartment in Soto Grande Tower I sits within Ellington Properties' flagship master development in Al Hamra Village, Ras Al Khaimah — one of the emirate's most recognised waterfront communities. The residence spans a total built-up area of 1,129 sqft, divided between approximately 981 sqft of internal living space and a 149 sqft external area, providing a meaningful outdoor extension to the home.

Listed at AED 2,649,828 (approximately AED 2,346 per sqft), the apartment is available under a structured 70/30 payment plan — 70% payable during construction and the balance of 30% on handover — giving buyers a phased entry into an off-plan asset without requiring full capital commitment upfront. The annual service charge is AED 16 per sqft, equating to an estimated AED 18,070 per year across the total built-up area, a figure worth factoring into your holding-cost calculations.

Soto Grande by Ellington is positioned within Al Hamra Village, a master-planned coastal community in Ras Al Khaimah that encompasses a marina, golf course, retail strip, and beach access. For buyers weighing up-and-coming emirate locations against established Dubai corridors, the off-plan buyer's guide linked below provides a framework for comparing purchase structures across markets: read the off-plan apartment buyer's guide for an objective look at how payment plans and handover terms affect real purchase cost.

This listing is offered direct from the developer. Bathroom count is [DATA NEEDED] — not confirmed in the listing data. Views and amenities have not been confirmed in the source data and will be updated as project-level disclosures are made available.

Buyers considering this apartment alongside other off-plan opportunities in the Northern Emirates and Dubai may find it useful to benchmark the market more broadly. Explore the 2026 shortlist of best areas to buy off-plan property to understand how Al Hamra Village compares with other high-growth corridors. You can also browse the full off-plan project inventory to compare other Ellington and developer launches currently available.