--- title: "Costa Mare by Ellington Properties" canonical: https://www.uaepropertyagents.com/ras-al-khaimah/al-marjan-island/costa-mare markdown: https://www.uaepropertyagents.com/md/ras-al-khaimah/al-marjan-island/costa-mare.md type: development description: "A four-tower beachfront scheme by Ellington on Al Marjan Island, close to the Wynn resort, with studios to villas and one-bedroom apartments from AED 2.8 million; completion is listed for September 2028." last_verified: 2026-11-13 sources: 2 publisher: "UAE Property Agents (Omnia)" language: en-GB usage: "You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting." --- # Costa Mare by Ellington Properties > A four-tower beachfront scheme by Ellington on Al Marjan Island, close to the Wynn resort, with studios to villas and one-bedroom apartments from AED 2.8 million; completion is listed for September 2028. Facts last verified 13 November 2026 against the sources listed at the end. ## Key facts | Fact | Value | | --- | --- | | Developer | [Ellington Properties](https://www.uaepropertyagents.com/developers/ellington) | | Location | [Al Marjan Island](https://www.uaepropertyagents.com/ras-al-khaimah/al-marjan-island), Ras Al Khaimah | | Status | under construction | | Developer's handover target | Q3 2028 | | Tenure | freehold | | Price | From AED 2,800,000 to AED 4,300,000 (published figure, 13 November 2026) | | Average price per sq ft | AED 3,366 | | Home types | Studio apartments, 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments, 1-bedroom duplexes, 2-bedroom duplexes, 5-bedroom villas | | Buildings | 4 | | Golden Visa value test | Some homes are priced at or above AED 2,000,000 | ## Overview Costa Mare is a beachfront development by [Ellington Properties](https://www.uaepropertyagents.com/developers/ellington) on [Al Marjan Island](https://www.uaepropertyagents.com/ras-al-khaimah/al-marjan-island) in Ras Al Khaimah. Property Finder describes four buildings with about 900 homes, and Ellington's page says residents will have direct beach access and are about 2 minutes from the Wynn resort. Property Finder records construction from February 2025 and completion in September 2028. The range is wide. Ellington lists studios, one- to four-bedroom apartments, one- to three-bedroom duplexes, four-bedroom penthouses and five- to six-bedroom villas. Property Finder's unit table on 13 November 2026 gave one-bedroom apartments of 840 to 919 sq ft from AED 2.8 million and two-bedrooms of 1,265 to 1,530 sq ft from AED 4.3 million, with three- and four-bedroom apartments, duplexes and a five-bedroom villa of 7,735 sq ft priced on request. Its FAQ gives studios of 385 to 606 sq ft and a different two-bedroom range starting at 1,096 sq ft and AED 3.4 million, so treat the per-type figures as indicative and ask for the unit sheet. The shared spaces include a family pool with a kids' pool, a leisure pool, pet gardens, indoor and outdoor yoga and fitness areas, a cinema room, a steam, sauna and ice room, and shops and cafés at ground level. Ellington also mentions smart-home features. The listed plan is 20% at launch, 50% across eight instalments during construction and 30% on handover. Costa Mare is priced for buyers who see Al Marjan Island as a resort market shaped by the Wynn opening, rather than as a cheaper alternative to Dubai. At AED 2.8 million for a one-bedroom, entry is close to Dubai beachfront levels. The island has a large pipeline of branded and resort apartments, Ras Al Khaimah's rental and resale market is much smaller than Dubai's, and holiday-let returns depend on visitor numbers that are still building. Buyers should see it as a longer hold. ## Unit types and prices | Unit type | Price from | Price to | Size | Bathrooms | Availability | | --- | --- | --- | --- | --- | --- | | Studio apartments | Not published | | 385 to 606 sq ft | | available | | 1-bedroom apartments | AED 2,800,000 | | 840 to 919 sq ft | | available | | 2-bedroom apartments | AED 4,300,000 | | 1,265 to 1,530 sq ft | | available | | 3-bedroom apartments | Not published | | 1,697 sq ft | | available | | 4-bedroom apartments | Not published | | 5,471 sq ft | | available | | 1-bedroom duplexes | Not published | | 1,321 sq ft | | available | | 2-bedroom duplexes | Not published | | 2,149 sq ft | | available | | 5-bedroom villas | Not published | | 7,735 sq ft | | available | Prices are published starting prices from the developer or Property Finder, as each type's note says, checked 13 November 2026. ## Payment plans ### 20/50/30 - Down payment: 20% (At sales launch) - During construction: 50% (In 8 instalments) - On handover: 30% Paid before handover: 70%. ## What works - Direct beach access on Al Marjan Island, about 2 minutes from the Wynn resort on Ellington's figure - Wide product range, from studios to duplexes and beach villas - Construction recorded from February 2025, with completion listed for September 2028 - Ellington's second Al Marjan Island scheme after Playa Del Sol ## What to weigh - Entry prices are close to Dubai beachfront levels - Al Marjan Island has a heavy pipeline of resort and branded apartments - Ras Al Khaimah's rental and resale market is smaller and less liquid than Dubai's - Property Finder's unit table and FAQ give different size and price ranges - About 60 minutes to Dubai International Airport on Ellington's figure ## Location On Al Marjan Island, Ras Al Khaimah. Ellington gives about 2 minutes to the Wynn resort, 12 minutes to Al Hamra Mall and 35 minutes to Ras Al Khaimah International Airport. - Wynn Al Marjan Island: about 2 minutes - Al Hamra Mall: about 12 minutes - RAK Central: about 13 minutes - Al Hamra Golf Club: about 14 minutes - Royal Yacht Club of Ras Al Khaimah: about 20 minutes - RAK Mall: about 30 minutes - Ras Al Khaimah International Airport: about 35 minutes - Dubai International Airport: about 60 minutes ## Amenities - Private beach access - Family pool with a dedicated kids' pool - Leisure and lounge pool - Pet gardens - Lobbies with reception and lounge - Indoor and outdoor kids' play areas - Indoor and outdoor yoga studio - Cinema room with pantry - Garden and campfire seating - Steam, sauna and ice flakes room - Indoor and outdoor fitness areas - Food and beverage outlets and shops ## Questions and answers ### What is the starting price at Costa Mare? Property Finder listed one-bedroom apartments from AED 2.8 million and two-bedrooms from AED 4.3 million on 13 November 2026. ### When will Costa Mare be completed? Property Finder lists completion in September 2028. ### What is the payment plan at Costa Mare? 20% at sales launch, 50% during construction in eight instalments and 30% on handover, according to Property Finder. ### Can foreigners buy at Costa Mare? Property Finder lists the project as freehold. Confirm the title type and registration with Ellington in writing. ### Who is the developer of Costa Mare? Costa Mare is being developed by [Ellington Properties](https://www.uaepropertyagents.com/developers/ellington). About Ellington Properties: Design-led boutique developer of apartment buildings across Dubai's established communities, now also selling in Ras Al Khaimah. ### Does buying at Costa Mare qualify for a Golden Visa? Homes priced at AED 2 million or more can support an application for the UAE's 10-year Golden Visa. At Costa Mare, every unit type starts above that level. Approval is at the authorities' discretion and off-plan purchases have their own conditions: see our [Golden Visa guide](https://www.uaepropertyagents.com/guides/uae-golden-visa-property). ### What fees are payable on top of the price at Costa Mare? The main cost is the registration fee (2%, indicative). On the entry price of AED 2,800,000 that comes to about AED 56,000, plus small administration charges. There is no stamp duty, no annual property tax and no tax on rental income for individuals in the UAE, though your home country may tax you. Our [buying cost calculator](https://www.uaepropertyagents.com/tools/purchase-cost-calculator) itemises it. ## Sources Facts on this page were last checked against these sources on 13 November 2026. - [Ellington Properties: Costa Mare](https://ellingtonproperties.ae/en/property-for-sale/costa-mare-ras-al-khaimah) - [Property Finder: Costa Mare](https://www.propertyfinder.ae/en/new-projects/ellington/costa-mare) --- Source page: https://www.uaepropertyagents.com/ras-al-khaimah/al-marjan-island/costa-mare. Published by UAE Property Agents, Omnia Capital Group. You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting.