ID RAH 5012
Costa Mare by Ellington Properties
Ellington Properties launches new waterfront project on Al Marjan Island - Costa Mare The complex will consist of 4 residential buildings.
Readiness: 3rd quarter 2028
Starting price: AED 1.3 million (USD 354 thousand)
Payment plan: 70/30
The property in the project will be represented by apartments with 1-4 bedrooms, a penthouse with 6 bedrooms and two beach villas. To find out the cost of residences, contact our experts.
Residents will have access to a private beach. The infrastructure of the complex will include swimming pools, a spa, a Pilates area, wellness areas and a clubhouse.
The new Costa Mare complex is conveniently located on Al Marjan Island, just steps from Wynn Al Marjan Island under construction. In the prestigious area will be the first casino in the region.
Developer of Ellington Properties
Ellington Properties is one of the leading luxury real estate developers in Dubai. The company has been operating in the emirate market since 2014. For their projects, Ellington Properties selects the most prestigious locations, including Downtown Dubai, Palm Jumeirah and JVC. The company has received many awards.
Location.
Al Marjan Island is an artificial island on the Arabian Gulf coast. It consists of four small parts that together form the shape of a coral. Nearby are Umm Al Quwain, Al Hamra Village and Mina Al Arab. There is a developed infrastructure, there is everything necessary for life and entertainment.
Nearby are exclusive resorts Rixos Bab Al Bahr, Movenpick Resort Al Marjan Island and DoubleTree by Hilton Resort & Spa Marjan Island.
How to get there
30min - Ras Al Khaimah International Airport
60min - Dubai International Airport
Medicine and education
12min - RAK Academy - British School Al Hamra - BSH
12min - RAK Medical Center Al Hamra
15min - Al Ghadeer Kindergarten:9011
15min - Al Afia Medical Center
Entertainment
9min - Umm Al Quwain
10min - Al Hamra Mall
14min - Al Hamra Golf Club
16min - Al Hamra Marina & Yacht Club
Why should you invest in Al Marjan Island?
Costa Mare on Al Marjan Island is a promising project for those who plan to invest in Ras Al Khaimah real estate. The island is actively developing, attracting tourists and investors due to large infrastructure facilities. The demand for the location is positively affected by the construction of Wynn Resort, a large resort complex with the first casino in the region.
The average yield on real estate on the island already reaches 7-8% per annum, so apartments in Ellington Costa Mare are perfect for renting out in order to obtain a stable passive income. They can also be considered for permanent residence, as the high quality of construction and corporate identity of Ellington never cause complaints.
Flexible payment terms will allow investors to comfortably distribute the financial burden. And the steady increase in prices for apartments from Ellington Properties makes the purchase especially profitable during the construction phase.
For more information, please contact us.