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

Soto Grande Tower I is Ellington Properties' signature off-plan residential tower within Al Hamra Village, Ras Al Khaimah — a masterplanned waterfront community that has steadily attracted regional and international buyers seeking a quieter alternative to Dubai's city core. This 2-bedroom apartment spans a total built-up area of 1,110 sqft, comprising 963 sqft of internal living space and a 147 sqft external area — a floor-plan balance that gives daily life room to breathe without inflating the footprint.

The listed asking price is AED 2,490,828, equating to approximately AED 2,244 per sqft on total built-up area. Ellington has structured acquisition through a 70/30 payment plan: 70% payable during the construction phase and 30% on handover — a schedule that spreads capital commitment across the development timeline. The annual service charge is fixed at AED 16 per sqft per year, translating to an indicative annual service-charge budget of roughly AED 17,760 for this unit's total area (calculated directly from the disclosed rate and area — buyers should confirm the final schedule with the developer at contract stage).

Ellington Properties is widely recognised for its design-led approach to residential development, and Soto Grande continues that ethos within a low-rise, resort-influenced master community. Al Hamra Village itself offers an integrated lifestyle environment — though specific amenities within Soto Grande Tower I have not been disclosed in this listing and buyers should request the full facilities schedule directly. If you are evaluating how this project fits the broader Ras Al Khaimah off-plan landscape, the off-plan apartment buyer's guide that cuts through the marketing and focuses on the numbers provides a structured due-diligence framework applicable to UAE off-plan purchases more widely.

For buyers simultaneously screening opportunities across the emirate, the 2026 shortlist of the best areas to buy off-plan property contextualises how emerging northern-emirate addresses like Al Hamra Village sit relative to Dubai's established off-plan corridors. Additional Ellington and other developer launches can be explored through the full off-plan projects inventory, which is updated as new phases are released.

Key figures at a glance: Bedrooms: 2 · Total BUA: 1,110 sqft · Internal: 963 sqft · External: 147 sqft · Price: AED 2,490,828 · Price/sqft: AED 2,244 · Payment Plan: 70/30 · Service Charge: AED 16/sqft/yr · Status: Off-Plan · Developer: Ellington Properties · Community: Al Hamra Village, Ras Al Khaimah.