Off-PlanApartments
Porto Playa
Hayat Island, Mina Al Arab · Ras Al Khaimah · by Ellington Properties
Details are indicative, confirm with our desk before transacting
Price from
AED 1.2M
to AED 4.8M
Bedrooms
Studio-3 BR
Apartments
Handover
2027
Off-Plan
Est. gross yield
6.5%
indicative
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 the list
- Ellington's first Ras Al Khaimah beachfront project
- Design-led architecture and amenities
- Hayat Island beachfront setting
Payment structure
60/40
Modelled on entry price AED 1.2M
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 live schedule with our desk. Indicative, not financial advice.
Cost to entry
What it takes to secure a unit at Porto Playa: 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.
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
Same set · Ras Al Khaimah
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