P
Off-PlanApartments
Porto Playa
Hayat Island, Mina Al Arab · Ras Al Khaimah — by Ellington Properties
Price from
AED 1.2M – AED 4.8M
Bedrooms
Studio–3 BR
Handover
2027
Price / sqft
~6.5% yield
Porto Playa is Ellington Properties' debut Ras Al Khaimah project, a design-led beachfront development on Hayat Island launched in 2023 with handover in 2027. Studios to 3-bed apartments from around AED 1.2M bring Ellington's signature architecture to Mina Al Arab. A holiday-let play near the Al Marjan and Wynn corridor at around 6.5% yields.
Why it makes lists
- Ellington's first Ras Al Khaimah beachfront project
- Design-led architecture and amenities
- Hayat Island beachfront setting
Payment structure
60/40
Booking / down payment20% · AED 240,000
During construction40% · AED 480,000
On handover40% · AED 480,000
During-construction instalments, 40% on handover. Figures shown against the entry price; confirm the current schedule with our desk.
DLD fee (4%)
AED 48,000
Trustee + admin
≈ AED 4,500
All-in entry estimate
AED 292,500
EL
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
Runs in the same set
Q
Off-Plan
Hayat Island, Mina Al Arab · Ras Al Khaimah
Quattro Del Mar
RAK Properties
AED 1.1M – AED 4.5M
Studio–3 BR & duplexes · 60/40
J
Under Construction
Hayat Island, Mina Al Arab · Ras Al Khaimah
Julphar Residences
RAK Properties
AED 900K – AED 3.5M
Studio–3 BR · 40/60
B
Ready
Jumeirah Village Circle (JVC) · Dubai
Belgravia
Ellington Properties
AED 1M – AED 2.8M
1–2BR · Ready — mortgage/cash