Costa Mare By Ellington

Ellington Properties proudly presents Costa Mare, their inaugural project in Ras Al Khaimah (RAK) , offering direct private beach access on the picturesque Al Marjan Island.

Project Overview:

• Residences : Over 900 meticulously designed homes, including 1 to 4 bedroom apartments, 2 exclusive beach villas, and a luxurious 6-bedroom penthouse.
• Location : Walking distance from the upcoming Wynn Al Marjan Island Resort and other world class hospitality venues.

Key Features:

• Architecture : Four distinct buildings, comprising three interconnected towers and one standalone structure.
• Amenities : Over 12,000 sq. ft. of premium lifestyle and wellness facilities, including:
  * Five pools (indoor & outdoor)
  * Hanging sky amenities connecting buildings
  * Leisure facilities: Spa, Pilates studio, wellness centers
  * Lifestyle facilities: Clubhouse, cinema

Expected Prices: Based on our estimate of AED 3,000 per sqft, prices maybe along the lines of:

• 1Br | 642-882sqft | AED 2-2.7M
• 2Br | 1097sqft | AED 3.3M+
• 2Br + M | 1278-1386sqft | AED 3.8-4.2M
• 3Br | 1659sqft | AED 5M+
• 4Br Penthouse POA
• 6Br Sky Villa POA
• 5Br Villa POA

Investment Highlights:

• ✅ 60/40 Payment Plan: Flexible structure with 60% during construction and 40% upon completion.
• ✅ Land Department Fee Paid at Completion: Unlike Dubai, investors can resell the apartment prior to handover without ever paying the Land Department fee.
• ✅ Developer Reputation: Ellington Properties is renowned for delivering high quality, design centric luxury residences in Dubai and beyond.

Market Insights:

The upcoming Wynn Al Marjan Island Resort , set to open in 2027, is a game-changer for RAK’s real estate and tourism industries:

• 🏨 Massive Tourism Growth: Expected to attract over 5 million visitors annually, significantly boosting real estate demand.
• 📈 Strong Capital Appreciation Potential: Apartment values in RAK have already surged by 35% in the past year, and further increases are expected as the casino launch nears.
• 💰 High Rental Yield Expectations: Rental returns in prime RAK locations are projected to surge to record highs following the opening of the Wynn Casino, driven by increased tourism demand, hospitality expansion, and rising property values.

EOI & Registration Process:
Ellington is now accepting Expressions of Interest (EOIs) for Costa Mare. Secure priority booking before the official launch with a fully refundable EOI:

💳 1-Bedroom: AED 100,000 minimum
💳 2-Bedroom: AED 150,000 minimum
💳 3-Bedroom+ & Villas: AED 200,000 minimum

To Register:

• Passport Copy
• Completed Registration Form (with preferred unit & price range)
• EOI Payment (fully refundable)

This fully refundable process allows early investors to lock in priority while retaining flexibility.

For more details or to discuss this exciting opportunity, feel free to reach out:

Md Ferdous
Off Plan & Investment Consultant
Dubai 🇦🇪 +971 50 565 0812
Bangladesh 🇧🇩 +880 16 7712 9497
Email: [email protected]