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Costa Mare

Costa Mare

By Ellington Properties in Al Marjan Island

Apartments for highly liquid investments on the first beachfront line on Al Marjan Island, Ras Al Khaimah. A developer whose properties sell and rent at higher prices than similar offerings. 5 minutes by car to the first casino resort in the UAE – Wynn Al Marjan Island Resort. 10+ amenities.

2,300,000 AED

Minimum cost

Q3 2028

Project completion

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Costa Mare — About the project

Costa Mare by Ellington is a premium residential complex on Al Marjan Island, Ras Al Khaimah, consisting of four towers. The project offers 1-, 2-, and 3-bedroom apartments, 2-bedroom apartments with a study, and 3-bedroom duplexes. The buildings have heights of 16 and 20 floors. The apartments feature modern finishes and fully equipped kitchens. Residence sizes range from 386 to 3,181 sq. ft. Prices start from AED 2.3 million. The internal infrastructure includes a private beach, multiple pools, a fitness center, a clubhouse, children’s play areas, and a wellness studio. The complex is located on the first beachfront line and offers residents panoramic views of the Arabian Gulf. Al Marjan Island is one of the most promising locations for real estate investments due to the presence of the first casino resort in the UAE – Wynn Al Marjan Island Resort, developed tourism infrastructure, and growing demand for premium-class housing. Data as of February 27, 2027. Please check with Everhomes experts for up-to-date information.

Costa Mare

Costa Mare — Location

Costa Mare, Al Marjan Island

The Costa Mare residential complex by Ellington is located on Al Marjan Island, Ras Al Khaimah, one of the most promising areas in the UAE for elite real estate investments. This artificial archipelago attracts buyers due to its unique location on the Arabian Gulf coast, developed tourism infrastructure, and high investment appeal.

It features international brand resorts, first-class beaches, and exclusive residential complexes that create a comfortable environment for living and relaxation. Additionally, in 2026, the first casino resort in the UAE – Wynn Al Marjan Island Resort – will open on one of the islands.

Over the past two years, the real estate market on Al Marjan Island has shown stable growth. In 2023, the average rental yield for new apartments and duplexes was 6.5-7%, and in 2024, this figure remained at the same level.

The cost per square meter of housing on the island increased by 15% in 2023 and continued to rise in early 2025, making investments in Costa Mare a promising decision for both rental income and resale. With growing demand for elite coastal real estate, further price increases are projected, supported by international investor interest and large developers’ plans for the area’s expansion.

New apartments and duplexes on Al Marjan Island are suitable for both long-term and short-term investments. Long-term investments provide stable income due to high rental demand among tourists and UAE residents who prefer premium districts with developed infrastructure. Short-term investments are also attractive due to the dynamic property price growth and the possibility of quick resale at a profit. In 2024, some properties were resold with a markup of up to 20% from the initial price.

The UAE and Ras Al Khaimah governments pay special attention to the development of Al Marjan Island, positioning it as one of the key tourism and investment hubs. In the coming years, further infrastructure expansion is planned, including new hotels, marinas, and entertainment complexes.

Costa Mare has excellent transport accessibility. A public transport stop is within a 5-minute drive. The nearest shopping malls include Al Hamra Mall (10 minutes by car) and RAK Mall (25 minutes). International schools and universities near the complex: RAK Academy Al Hamra (12 minutes), GEMS Westminster School (20 minutes), American University of Ras Al Khaimah (30 minutes).

Travel time to airports: Ras Al Khaimah International Airport (40 minutes), Dubai International Airport (55 minutes). Key locations in the emirate that are easily accessible: Ras Al Khaimah city center (30 minutes), Ras Al Khaimah National Museum (35 minutes), Al Wadi Desert Reserve (40 minutes), Waldorf Astoria Resort (15 minutes).

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Costa Mare — Key facts

Price fromAED 2,300,000
HandoverQ3 2028
StatusOff-plan
DeveloperEllington Properties
CommunityAl Marjan Island
EmirateRas Al Khaimah
Property typeApartment, Studio
BedroomsStudio, 1, 2, 3

Facts updated: 2025-02-27

Costa Mare — Payment plan

  • 20%01

    down payment

  • 50%02

    during construction

  • 30%03

    on handover in q3 2028

Costa Mare — Floor plans

Studio

Studio
BedroomsStudioTotal area386 sqft · 36 m²

1 bedroom apartment

2,300,000AED

1 bedroom apartment
Bedrooms1Total area629 sqft · 58 m²

2 bedroom apartment

3,500,000AED

2 bedroom apartment
Bedrooms2Total area1,088 sqft · 101 m²

2,5 bedroom apartment

2,5 bedroom apartment
Bedrooms2Total area1,274 sqft · 118 m²

3 bedroom apartment

5,500,000AED

3 bedroom apartment
Bedrooms3Total area1,659 sqft · 154 m²

3 bedroom Duplex apartment

3 bedroom Duplex apartment
Bedrooms3Total area3,181 sqft · 296 m²

Amenities

  • Private beach
  • Main infinity pool
  • Family pool
  • Fitness studio and wellness center
  • Yoga area
  • Children's play area
  • Jogging track
  • Clubhouse
  • Cinema
  • Restaurant and café spaces
  • Underground parking
  • First beachfront line with a private beach

    First beachfront line with a private beach

    Residents of Costa Mare enjoy exclusive access to a private beach with white sand, perfect for walking, sunbathing, and water activities.

  • Spacious residences with terraces and balconies

    Spacious residences with terraces and balconies

    The apartments at Costa Mare are designed for maximum comfort: spacious living areas, balconies, and terraces create a cozy relaxation space. Layouts include apartments with separate kitchens and panoramic windows.

  • 10+ amenities

    10+ amenities

    Costa Mare offers top-tier amenities, including a main pool, family pool, private beach, clubhouse, children’s play area, modern fitness center, jogging track, infinity pool, restaurants, wellness studio, and yoga center. All spaces are thoughtfully designed to provide a comfortable atmosphere, blending modern design, luxury, and convenience on the first beachfront line.

  • Developed tourist location

    Developed tourist location

    Costa Mare's location on Al Marjan Island ensures high rental demand and promising property value growth. The immediate surroundings include the first casino resort in the UAE – Wynn Al Marjan Island Resort, five-star resorts, shopping malls, and the largest casino resort in the region.

Artur Galliamov

Artur Galliamov

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