Porto Playa
Off-Plan

Porto Playa

From AED 2.00M·Handover Dec 2026·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 2.00M
Starting Price
Dec 2026
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
1 BR · Apartments
Type

Project Overview

Porto Playa is a contemporary project by Ellington Properties in Ras Al Khaimah. The residential complex features variable height, including a ground floor, mezzanine, and 8 residential levels. The project combines modern luxury with the natural beauty of a serene coastline, offering breathtaking views of the sea and pristine beaches. The complex features studios and apartments with 1-3 bedrooms, two-bedroom townhouses, and three and four-bedroom villas. All residences have balconies and are equipped with kitchen appliances (except for studios). The interiors are designed in a modern style with soft hues, creating a cozy atmosphere. Panoramic windows are filled with sunlight, visually expanding the space and offering stunning views of the Persian Gulf. World-class amenities are provided for residents: a gym with state-of-the-art equipment, a swimming pool, a yoga studio, a children’s play area, a barbecue zone, and mini-golf. The complex offers diverse opportunities for outdoor recreation. Porto Playa convenient location allows residents quick access to key points in Ras Al Khaimah. In just 6 minutes, you can reach Al Jazeera Al Hamra and RAK Track, in 8 minutes – Al Hamra Mall, and within 18-19 minutes are RAK Mall and Action Flight Air Adventure. RAK International Airport is 30 minutes away, and Dubai International Airport is 63 minutes away. The only casino in the UAE is also located nearby.

Project Specifications
DeveloperEllington Properties
LocationMina Al Arab
Unit Types1 BR, Apartments
AreaMina Al Arab
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 86,300 / year
Cash-on-Cash
2.2%
Levered cashflow AED 20,300
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 130,000 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Porto Playa launch basis2,222AED 2.00MCurrent launch / asking basis
Mina Al Arab ready-stock comps1,500AED 1.35MIndicative resale benchmark
Mina Al Arab premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Ellington Properties.

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Enter your details to access brochures, floor plans & payment schedules

Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Flexible Payment

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Floor Plans

Porto Playa — 1 Bedroom Floor Plan

Amenities & Lifestyle

Arbour
BBQ
Bar
Beach Access
Beach Volleyball
Cabanas
Club house
Fitness Zone
Golf course
Kids Play Area
Kids splash pad
Lavish Sundeck
Leisure areas
Lift
Lobby
Mini Golf
Open air gym
Outdoor cinema
Parking
Pool Deck
Resting Areas
SPA
Security and CCTV
Shared Pool
Shared gym & fitness
Sitting Area
Sunken Garden
Sunken Seating
Volleyball

Location

Mina Al Arab

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Mina Al ArabMina Al ArabDubai, UAE

Developer Track Record

01

Porto Playa by Ellington Properties

02

Located in Mina Al Arab

03

Starting from AED 2,000,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Dec 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Get Qualified for Porto Playa

Limited units available · Direct developer pricing · Serious buyer routing

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