Costa Mare at Al Marjan Island by Ellington Properties offers a luxurious coastal lifestyle with premium waterfront residences.
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Key details about Costa Mare at a glance — from pricing and unit types to handover timelines.
Explore renders, interiors, and the breathtaking coastal setting of Costa Mare.
Enjoy 0% interest on your payment plan with manageable installments spread across the construction period.
Costa Mare plan lets you secure a premium unit with a modest upfront payment. During construction, your property can appreciate significantly — and you can even resell after paying 30% to the developer.
Detailed breakdown based on starting price AED 2,300,000
| Stage | % | Amount (AED) | Description | Milestone |
|---|---|---|---|---|
| Down Payment | 20% | AED 460,000 | Initial payment on booking | On booking |
| Installment 1 | 10% | AED 230,000 | Construction progress payment | 6 months |
| Installment 2 | 10% | AED 230,000 | Construction progress payment | 12 months |
| Installment 3 | 10% | AED 230,000 | Construction progress payment | 18 months |
| Installment 4 | 10% | AED 230,000 | Construction progress payment | 24 months |
| Installment 5 | 10% | AED 230,000 | Construction progress payment | 30 months |
| Handover Payment | 30% | AED 690,000 | Final payment upon key collection | Q1 2029 |
| Total | 100% | AED 2,300,000 | Full purchase price | |
* Amounts shown for 1BR starting unit. Actual amounts vary per unit type and floor. Payment schedule subject to developer confirmation.
Hi, I'm Lana — Senior Investment Advisor at Palmera. I've personally assisted dozens of investors with Costa Mare and know every unit, floor plan, and payment option inside out.
Pick the configuration that fits your investment goals.
Al Marjan Island is one of the UAE's premier investment destinations. With the Wynn Resort casino opening nearby in 2027, this area is set for explosive growth in tourism and property values.

Est. 2014 • Dubai, UAE
Ellington Properties is a renowned luxury real estate developer in the UAE, recognized for its commitment to design excellence, quality craftsmanship, and premium living experiences. Established to redefine contemporary residential communities, Ellington creates homes that blend sophisticated aesthetics with functionality.The developer focuses on architectural innovation, high-end materials, and meticulous attention to detail, ensuring each project reflects timeless elegance and superior comfort. With an impressive portfolio spanning exclusive waterfront developments, high-rise towers, and boutique residences, Ellington Properties continues to set new benchmarks in luxury living, offering stylish homes tailored for modern lifestyles and high investment value.
View All Projects by Ellington PropertiesRas Al Khaimah's property market is poised for significant growth. Here's what makes this opportunity exceptional.
AI-based studies predict up to 58% return on investment over five years for premium Ras Al Khaimah properties, driven by the Wynn Resort effect.
The first casino resort in the UAE, opening on Al Marjan Island in spring 2027. Property values in RAK already rose 20-35% in 2024.
UAE offers 0% income tax, 0% property tax, and 0% capital gains tax. Pay only a one-time 4% registration fee to the Land Department.
RAK has an unprecedented $75 billion in active development projects, signaling massive government commitment to growth and infrastructure.
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