Soto Grande
Off-Plan

Soto Grande

From AED 1.80M·Handover Dec 2029·20% down payment Payment
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AED 1.80M
Starting Price
Dec 2029
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Soto Grande is a residential complex by the developer Ellington Properties, located in the Al Hamra area, Ras Al Khaimah. The project consists of two towers with a shared ground floor. They rise to twenty-two and twenty-three residential floors and are topped with elegant roofs. The towers are connected by a bridge, located from the sixth to the tenth floor. This creates a unified architectural solution and allows for the placement of residential spaces within the bridge structure, thus creating unique layouts. The rooftop relaxation areas add to the complex's appeal. The project offers studios, one- to three-bedroom apartments, as well as spacious four-bedroom penthouses. Each residence features exquisite design. The interiors are crafted using soft textures in textiles and furniture, creating a relaxing atmosphere. The kitchens are designed with smooth countertops, bronze accents, and convenient storage solutions. The bathrooms combine practicality with warm, organic finishes. Among the main amenities of the complex are: a lobby with a reception area, an internal courtyard, swimming and leisure pools, a clubhouse, a fitness studio, a yoga studio, and a children's playground. The convenient location allows residents to quickly access key infrastructure: 2 minutes to Al Hamra Waterfront, 6 minutes to RAK Central, 7 minutes to Al Hamra Mall, and 34 minutes to RAK International Airport.

Project Specifications
DeveloperEllington Properties
LocationAl Hamra Village
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaAl Hamra Village
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 77,576 / year
Cash-on-Cash
2.2%
Levered cashflow AED 18,248
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 116,859 / 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
Soto Grande launch basis1,998AED 1.80MCurrent launch / asking basis
Al Hamra Village ready-stock comps1,500AED 1.35MIndicative resale benchmark
Al Hamra Village 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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Soto Grande official render 1

Soto Grande official render 1

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Soto Grande official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Ellington Properties.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

Soto Grande — 1 Bedroom Floor Plan

Amenities & Lifestyle

Adults Pool
BBQ
Beach Access
Cabanas
Children’s pool
Climbing Wall
Club house
Concierge Service
Covered Kids Play Area
Covered Parking
Covered gym
Dining outlets (coffee houses & restaurants)
Electric Vehicle Charger
Fitness Zone
Gaming Lounge
Kids Club
Landscape Open Areas
Landscaped garden
Lavish Sundeck
Leisure areas
Lift
Lobby
Lounge
Multipurpose Sports Courts
Open Kids Play Area
Paddle court
Pool Deck
Recreational areas
Resting Areas
Sauna
Security and CCTV
Shared Pool
Shared gym
Sitting Area
Social zone
Sports ground
Steam
Sunken Seating
Table Tennis
Tennis court
Walking paths
Yoga studio

Location

Al Hamra Village

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Al Hamra VillageAl Hamra VillageDubai, UAE

Developer Track Record

01

Soto Grande by Ellington Properties

02

Located in Al Hamra Village

03

Starting from AED 1,797,828

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Dec 2029

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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