Projects·Ras Al Khaimah·Al Hamra Village

Off-PlanApartments

Soto Grande Tower I

Al Hamra Village · Ras Al Khaimah · by Ellington Properties

Details are indicative, confirm with our desk before transacting

2 photos of Soto Grande Tower I. Renders and photography supplied by Ellington Properties.

Price from

AED 1M

entry price

Bedrooms

Studio-4BR

Apartments

Handover

Q4 2029

Off-Plan

Est. gross yield

On ask

In Al Hamra Village, Ras Al Khaimah, Ellington Properties has Soto Grande Tower I, an apartment project across Studio-4BR homes. AED 1,600,000 to AED 4,125,000 was the live spread over 8 units at our September 2026 check. Its AED 1,000,000 entry is matched by 4 others of the 12 priced Al Hamra Village projects we track. Q4 2029 is the stated handover, some 39 months off, and 30 percent of the price, AED 300,000, sits on the far side of it.

Why it makes the list

Launch price from AED 1,000,000
70/30 payment plan
Handover Q4 2029
Studio-4BR homes

Payment structure

70/30

Modelled on entry price AED 1M

Booking / down payment20% · AED 200,000

During construction50% · AED 500,000

On handover30% · AED 300,000

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 Soto Grande Tower I: the down payment plus government and trustee costs, before the mortgage question.

Down payment20%

AED 200,000

DLD fee4%

AED 40,000

Trustee + adminfixed

≈ AED 4,500

All-in entry estimate

AED 244,500

Down payment 20% + DLD 4% + trustee. Indicative, not financial advice.

Location

Al Hamra Village · Ras Al Khaimah

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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 Soto Grande Tower I 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 Spotted something out of date?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.

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