Al Hamra Village, Ras Al Khaimah·Developer: Ellington Properties
This is a 1-bedroom off-plan apartment in Soto Grande Tower II by Ellington Properties in Al Hamra Village, Ras Al Khaimah, priced at AED 1,893,828. Unit II-2202 offers 775.97 sqft with a 70/30 payment plan, making it suitable for buyers seeking a branded off-plan residence or a compact investment unit with stated cost metrics.
Soto Grande Tower II is Ellington Properties' latest residential addition to Al Hamra Village, one of Ras Al Khaimah's most established waterfront master communities. This 1-bedroom apartment spans a total built-up area of 776 sq ft, comprising 680 sq ft of internal living space and a 96 sq ft external area — a layout that balances compact efficiency with the outdoor connection that RAK's coastal setting naturally invites.
Listed at AED 1,893,828 (approximately AED 2,441 per sq ft), the residence is offered directly from the developer under Ellington's off-plan programme. The 70/30 payment plan structures the majority of the purchase price across the construction period, with the remaining 30% due on handover — a structure commonly favoured by buyers who wish to manage cash flow without sacrificing access to a completed Ellington product. The indicative service charge is AED 16 per sq ft per year, which on this apartment equates to an estimated annual figure based on the total built-up area of 776 sq ft.
Al Hamra Village offers a self-contained lifestyle environment within Ras Al Khaimah, and Soto Grande Tower II sits within that broader master plan. Buyers who want to contextualise this RAK acquisition alongside the wider UAE off-plan landscape will find the off-plan apartment buyer's guide covering the key numbers and due-diligence checkpoints a useful independent. For those actively shortlisting locations across the Emirates, the 2026 shortlist of the best areas to buy off-plan property offers a structured comparison framework.
This listing is sourced directly from the developer. Buyers considering the broader Ellington portfolio or other off-plan opportunities across the region can browse the full off-plan project inventory to compare available options by location, developer, and price point.
Payment Plan: 70/30 · Service Charge: AED 16/sqft/yr · Price per sqft: AED 2,441.