Al Hamra Village, Ras Al Khaimah·Developer: Ellington Properties
This is a 3-bedroom off-plan apartment by Ellington Properties in Soto Grande Tower I, Al Hamra Village, Ras Al Khaimah, priced at AED 4,502,828. Unit I-1003 offers 2,077 sqft and a 70/30 payment plan, making it suited to buyers seeking a larger branded residence in a waterfront master community.
This spacious three-bedroom apartment in Soto Grande Tower I sits within Soto Grande by Ellington Properties, the developer's landmark residential project in Al Hamra Village, Ras Al Khaimah. The residence spans a total built-up area of 2,077 sqft, composed of 1,771 sqft of internal living space and 306 sqft of external area — a generous footprint that positions this unit among the larger three-bedroom configurations in the tower.
Listed at AED 4,502,828 (approximately AED 2,168 per sqft), the apartment is available under Ellington's structured off-plan programme. Buyers benefit from a 70/30 payment plan, with 70% payable during the construction phase and 30% on handover. The annual service charge is set at AED 16 per sqft per year — a figure to factor into long-term holding-cost calculations alongside any live market rental data you may wish to benchmark via an area guide.
Al Hamra Village is one of Ras Al Khaimah's most established master-planned communities, known for its integrated resort lifestyle, marina, golf course, and beach access. Ellington Properties brings its design-led philosophy — already well recognised across Dubai — to this RAK address, extending a curated residential experience beyond the emirate's capital. If you are weighing up comparable off-plan options across the Northern Emirates and Dubai, the 2026 buyer's shortlist of the best areas to buy off-plan property offers a useful location-by-location framework.
For buyers new to the off-plan acquisition process — including how to read a payment plan schedule, what escrow protection covers, and how to stress-test a service-charge estimate — the comprehensive off-plan apartments buyer's guide breaks down each stage without the sales layer. Both articles are relevant here because Al Hamra Village off-plan transactions follow the same RERA-aligned escrow and handover framework used in Dubai.
This listing is sourced directly from the developer. To browse additional off-plan releases from Ellington and other developers currently active in Ras Al Khaimah and Dubai, visit the full off-plan projects inventory. Use the on-page enquiry form to request the current handover timeline, floor plan, and any updated payment schedule milestones directly from the source.
Payment Plan: 70/30 · Service Charge: AED 16/sqft/yr · Price per sqft: AED 2,168.
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