Costa Mare

By Ellington Properties in Al Marjan Island, Ras Al Khaimah

Price from
AED 2,800,000
about £574K or $762K
Payment plan
20/50/30
70% before handover
Handover
Q3 2028
Status
Under construction

Payment plan

20/50/30

70% due before handover

  1. Down paymentAt sales launch20%AED 560,000
  2. During constructionIn 8 instalments50%AED 1,400,000
  3. On handover30%AED 840,000
  4. Paid before handoverAED 1,960,000

Amounts are worked on a 1-bedroom apartment at its starting price of AED 2,800,000. Change home type

For 1-bedroom apartments

Homes and prices

Costa Mare offers studio apartments, 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments, 1-bedroom duplexes, 2-bedroom duplexes and 5-bedroom villas. Open a home type for its payment schedule, buying costs and the nearest alternatives.

Starting prices are the published figures from the sources listed on this page, checked 13 November 2026. Sterling figures are indicative conversions. Ask for today's availability before relying on any figure.

  • Apartments, duplexes, villas
  • Studio to 5 bed
  • 385 to 7,735 sq ft
  • Freehold
Location
Al Marjan Island, Ras Al Khaimah
Buildings
4
Golden Visa
Prices reach the AED 2 million threshold

Overview

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.

Costa Mare is a beachfront development by Ellington Properties on 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.

Buying costs

Government fees are paid on top of the purchase price. This is the position for the entry-level home; costs scale with price. In Ras Al Khaimah the registration authority is the RAK Municipality.

Purchase priceEntry 1-bedroom apartment at Costa MareAED 2,800,000
Registration fee (2%, indicative)Ras Al Khaimah's buyer registration fee is most often quoted at 2%, but published sources disagree and master developers can apply their own registration charges. Confirm the figure for the specific project before budgeting.AED 56,000
Estimated total to completeAED 2,856,000about £585K

Developers may add their own administration charge on off-plan sales. It is set by the developer, not the land department, so it is not included in this estimate: ask for it in writing before you reserve. Registration fees in Ras Al Khaimah are quoted inconsistently by official and market sources, so treat this as indicative. Adjust the assumptions in the buying cost calculator.

Golden Visa. Every unit type here is priced above AED 2 million, the threshold for the 10-year visa by property. Check eligibility

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.

Map data © OpenStreetMap contributors (ODbL). Tiles Esri

View on map

Wynn Al Marjan Island
2 min
Al Hamra Mall
12 min
RAK Central
13 min
Al Hamra Golf Club
14 min
Royal Yacht Club of Ras Al Khaimah
20 min
RAK Mall
30 min
Ras Al Khaimah International Airport
35 min
Dubai International Airport
60 min

Approximate drive times in normal traffic.

About Al Marjan Island

  • Freehold for all nationalities; listed as a freehold area by Ras Al Khaimah Municipality.
  • 7.8 km of beaches and operating resorts by Rixos, Hilton, Radisson and Mövenpick.
  • Wynn Al Marjan Island, about 1,530 rooms, scheduled by its operator to open in September 2027.
  • CBRE reported apartment values up 23.1% year on year in H1 2026.

Al Marjan Island area guide

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

Developer: Ellington Properties

Design-led boutique developer of apartment buildings across Dubai's established communities, now also selling in Ras Al Khaimah.

Headquarters
Dubai, UAE
Ownership
Privately held; led by co-founders Robert Booth, Joseph Thomas and Elie Naaman.

Ellington Properties profile and track record

Adviser's view

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

Questions buyers ask

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. 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.

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 itemises it.

Sources and verification

Facts on this page were last checked on . Prices, availability and payment plans are set by the developer and can change without notice; treat them as a guide until you have a current offer in writing.

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