Costa Mare
by Ellington Properties · Al Marjan Island (Ras Al Khaimah)
Beachfront Ellington on the island next to the UAE's first casino resort.
Price From
AED 2.84M
Handover
Q3 2029
29 Sept 2029 · ~38 months away
Listed Inventory
11
units live in the catalog
Unit Types
1 BR · 2 BR
Prices by Unit Type
Lowest listed price per unit type in Costa Mare, from live developer-catalog inventory as of 2 Jul 2026.
| Unit type | From | From AED/sqft |
|---|---|---|
| 1 BR | AED 2,844,828 | AED 3,537 |
| 2 BR | AED 3,595,828 | AED 3,260 |
full listed inventory analysed (11 units)
Payment Plan
20% booking (+4% RAK Municipality + AED 3,150 registration), 10% + 10% + six 5% instalments during construction, 30% on handover. 100% before handover.
20%
Down payment
50%
During construction
30%
On handover
Handover Timeline
Step 1
Launch
Booking + SPA, first payment due
Step 2
Construction
50% payable in construction-linked instalments
Step 3
Handover
29 Sept 2029
~38 months from now · 30% due
Handover dates are the developer's announced targets and can move — plan your cashflow with a buffer.
Why Costa Mare
- Beachfront Ellington on Al Marjan Island - the island that hosts the UAE's first casino resort (Wynn Al Marjan, adjacent)
- 1BR from AED 2.84M, 2BR from AED 3.60M with study options
- RAK fees run 4% municipality vs Dubai's 4% DLD - like-for-like transfer cost with a lower price base than Dubai beachfront
- Handover Sep 2029, 30% due only at handover
The Developer
Ellington Properties
30
Active projects
7
Delivered projects
16
Districts active in
AED 4.41M
Avg portfolio entry
Ellington Properties has 30 active projects and 7 delivered projects across 16 districts - the widest district spread relative to portfolio size among the majors. Average entry price AED 4,412,748.
Costa Mare — Buyer FAQs
What is the starting price of Costa Mare?
Costa Mare by Ellington Properties starts from AED 2,844,828 (1 BR from AED 2,844,828, 2 BR from AED 3,595,828). Prices are from the developer catalog as of 2026-07-02 and can change between releases.
When does Costa Mare hand over?
The announced handover for Costa Mare is 29 Sept 2029 (Q3 2029). Off-plan handover dates can shift, so treat this as the developer's current target rather than a guarantee.
What is the payment plan for Costa Mare?
20% booking (+4% RAK Municipality + AED 3,150 registration), 10% + 10% + six 5% instalments during construction, 30% on handover. 100% before handover. The full price is payable before or at handover — there is no post-handover tail.
Who is the developer behind Costa Mare?
Costa Mare is developed by Ellington Properties. Ellington Properties has 30 active projects and 7 delivered projects across 16 districts - the widest district spread relative to portfolio size among the majors. Average entry price AED 4,412,748.
Interested in Costa Mare?
Book a call with our off-plan specialist — current availability, the full payment schedule, and an honest view on whether this project fits your brief.
We work across multiple developers, so you get a comparison, not a sales pitch.
Data as of 2026-07-02— developer catalog + Dubai Land Department transaction records, refreshed monthly. Prices, plans and handover dates are the developer's announced figures and can change between releases.