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Projects·Ras Al Khaimah·Al Marjan Island
Costa Mare Tower 2, apartments in Al Marjan Island, Ras Al Khaimah, by Ellington Properties
Off-PlanApartments

Costa Mare Tower 2

Al Marjan Island · Ras Al Khaimah · by Ellington Properties
Details are indicative, confirm with our desk before transacting
Price from
AED 1.2M
entry price
Bedrooms
Studio-3BR
Apartments
Handover
Q3 2028
Off-Plan
Est. gross yield
On ask

Costa Mare Tower 2 is an apartment development by Ellington Properties in Al Marjan Island, Ras Al Khaimah. The project offers Studio to 3BR homes. Unit sizes run from 394 to 3,181 sqft. Launch pricing starts at AED 1,200,000. The published payment plan is 70/30: 20 percent on booking, 50 percent during construction, 30 percent on handover. Handover is scheduled for Q3 2028. Amenities include gym or health club, swimming pool, kids play area. Ras Al Khaimah is freehold for all nationalities, with no annual property tax, and a purchase at AED 2 million or above supports a ten year Golden Visa.

Why it makes the list
  • Launch price from AED 1,200,000
  • 70/30 payment plan
  • Handover Q3 2028
  • Studio-3BR homes
Payment structure
70/30
Modelled on entry price AED 1.2M
Booking / down payment20% · AED 240,000
During construction50% · AED 600,000
On handover30% · AED 360,000

Payment plan as published on the developer's project listing, captured 2026-09-16. Confirmed with our desk before reservation. Figures shown against the entry price. Confirm the live schedule with our desk. Indicative, not financial advice.

Cost to entry
What it takes to secure a unit at Costa Mare Tower 2: the down payment plus government and trustee costs, before the mortgage question.
Down payment20%
AED 240,000
DLD fee4%
AED 48,000
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 292,500
Down payment 20% + DLD 4% + trustee. Indicative, not financial advice.
Location
Al Marjan Island · Ras Al Khaimah
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EL
Developer
Ellington Properties
Tier 2 developer · Design-led developer; delivered the Belgravia series, DT1, Wilton Park Residences and other projects since 2014, with expansion beyond Dubai · since 2014
Track record →
Data provenance

Details for Costa Mare Tower 2 are compiled from the developer’s published project listing, captured 16 September 2026. Figures are indicative and are reconfirmed against Ellington Properties’s current inventory before any reservation. Spotted something out of date? Tell us and we will check it against the source.

Same set · Ras Al Khaimah

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