Costa Mare
Project Overview
Costa Mare is a luxury waterfront development on Al Marjan Island, Ras Al Khaimah, by Ellington Properties. Four towers rising to the top form an elegant architectural ensemble. The first, a sixteen-story tower, offers fifteen floors of living space and 2 basement levels. The other 3 towers have twenty residential floors and 2 basement levels, hidden from prying eyes. A special feature of the complex is its unique landscaping, which takes up an entire floor. Thanks to this, each residence boasts impressive panoramic views of the bay. There are over 900 meticulously designed residences: 1-4 bedroom apartments, exclusive beach villas and impressive six-bedroom penthouses. All residences are characterized by modern interiors, and high-tech “smart home” solutions provide maximum comfort and convenience. Costa Mare is an amazing place where you can enjoy the beauty of nature and relax from the hustle and bustle of the city. Residents of the project can enjoy swimming pools, saunas, yoga studios, barbecue area and children's playgrounds. For recreation there is a private beach with sea breeze. From the complex to Al Hamra Mall - 12 minutes, to RAK Central - 13 minutes, to Royal Yacht Club of Ras Al Khaimah - 20 minutes, to RAK Mall - 30 minutes, to Sharjah International Airport - 50 minutes and to Dubai International Airport - 60 minutes.
Illustrative Rental Scenario
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Pricing and Area Research
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Astraterra Properties
Official Documents
Download official marketing materials from Ellington Properties.
Payment Structure
Published payment summary
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Amenities & Lifestyle
Location
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Developer and Project Facts
Costa Mare by Ellington Properties
Located in Al Marjan Island
Starting from AED 2,844,828
Unit mix includes 1 BR, 2 BR, Apartments
Expected handover: Sep 2028
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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