Costa Mare
By Ellington Properties · Al Marjan Island · RAK · Tower I of four. Figures on this page are Tower I.
Costa Mare is a four-tower beachfront development on Al Marjan Island, Ras Al Khaimah, with 413 sqm of private beach and towers linked by bridges around a split amenity floor.
Tower I holds 163 residences: 77 one-bedroom, 60 two-bedroom-plus-study and 20 three-bedroom apartments, plus five signature homes, a one and a two-bedroom duplex, a four-bedroom duplex, a five-bedroom villa and a six-bedroom sky villa.
Amenities run across three levels: the ground floor carries the beach club, main pool and padel court; the twelfth floor the family pool, clubhouse, fitness and pilates studios and a floating edge walkway; the thirteenth the horizon lap pool, spa, cinema room and immersive dining.
The location is the argument. Wynn Al Marjan, the first casino resort in the UAE, is two minutes away and opens in 2027. Al Hamra Golf Club is fourteen minutes, RAK Central thirteen, and Dubai International Airport sixty.
Al Marjan Island · Ras Al Khaimah · 413 sqm private beach · two minutes from Wynn Al Marjan
The case for Costa Mare is Ras Al Khaimah, not the building. Wynn Al Marjan, the first integrated casino resort in the UAE, sits two minutes away and opens in 2027. One anchor of that size repositions an entire coastline: hotel demand, short-let demand, and the staff and executives who follow it.
Premium residential supply has not caught up. Al Marjan is being built out quickly, but design-led, lower-density stock is a small share of it, and scarcity is what protects pricing power when a market reprices.
The structure is conservative. 70% across certified construction milestones, 30% on completion, paid into a RERA escrow account that releases against verified progress, and no post-handover instalments dressed up as a discount.
The honest risk: this is a younger market than Dubai, resale liquidity is thinner, and the case leans on one catalyst arriving on time. If the Wynn opening slips or tourism growth undershoots, the exit takes longer. Buy it on a five to seven year view, not a flip.
Unit mix and specification
Payment plan
- 20%On booking
- 10%90 days after reservation
- 10%180 days after reservation
- 5%20% construction
- 5%30% construction
- 5%40% construction
- 5%50% construction
- 5%60% construction
- 5%70% construction
- 30%On completion
Plus AED 3,000 RERA registration at booking, and 4% on completion earmarked for title deed registration.
What is nearby
- Wynn Al Marjan Resort2 min
- Al Hamra Mall12 min
- RAK Central13 min
- Al Hamra Golf Club14 min
- Royal Yacht Club of RAK20 min
- RAK International Airport35 min
- Sharjah International Airport50 min
- Dubai International Airport60 min
Questions buyers ask about Costa Mare
Who is the developer of Costa Mare, and where is it?
Costa Mare is an Ellington Properties project in Al Marjan Island · RAK.
What is the starting price at Costa Mare?
Prices at Costa Mare start from AED 2.7M. Prices come from the developer and change with each release, so ask us for current availability.
What is the payment plan for Costa Mare?
The payment plan is 70 / 30. 20% on booking, then 8 further instalments, 30% on completion.
When is the handover at Costa Mare?
The developer’s handover date is Q3 2028.
What is the service charge at Costa Mare?
The service charge is AED 19 per sq ft / year (anticipated).