Costa Mare – Beachfront Apartments on Al Marjan Island

Costa Mare – Beachfront Apartments on Al Marjan Island

Four boutique towers on a gated lagoon with a private white-sand beach on Al Marjan Island, steps from the Wynn resort. Studios to three-bedroom apartments, every one facing the water.

Costa Mare — A Gated Lagoon With Its Own Beach

Al Marjan Island is being rebuilt around one thing: the Wynn resort, the first licensed casino in the Middle East, opening on the next headland. Costa Mare sits on the shoreline facing it.

Location: Al Marjan Island, Ras Al Khaimah
Completion: Q3 2028
Property types: Studio – 3 Bedroom Beachfront Apartments
Main render of the project — Costa MareSea view from the residenceInfinity poolBeach loungeBuilding lobbyThe spa
Developer Ellington
Completion Q3 2028
From AED 1.5M ≈ $408K
Payment Plan 70/30 20% on booking · 50% through construction · 30% on handover
Developer

Ellington Properties

Ellington is Dubai's design-led developer, known for elegant architecture, considered floor plans and build quality rather than tower count. Its portfolio spans waterfront and city neighbourhoods — DT1, Belgravia and Upper House among the communities recognised for design and liveability. Ellington prioritises durable materials and interior detail over headline height.

Costa Mare is the studio's move onto the Ras Al Khaimah coastline, and it is a low-rise, four-tower scheme rather than a landmark tower.

Full Ellington Properties profile: ownership, track record and every project →
Location

Costa Mare — Al Marjan Island, Ras Al Khaimah

Al Marjan Island is a group of four man-made islands off the Ras Al Khaimah coast. Costa Mare sits on a gated lagoon with its own beach, facing the Wynn Al Marjan resort, with Nobu Residences and JW Marriott on the same stretch of shoreline.

On the water
  • Private white-sand beach
  • Gated lagoon, every apartment facing it
  • Infinity pool in Bisazza mosaic
  • Beach lounge
Wellness & leisure
  • Indoor swimming pool
  • Spa zone and yoga studios
  • Fitness centre
  • Cinema and kids' zone
Everyday
  • Co-working lounge
  • Landscaped park and jogging track
  • Wine storage
  • Concierge lobby
Around the island
  • Wynn Al Marjan resort
  • Nobu Residences
  • JW Marriott
  • RAK International Airport

Costa Mare
Beachfront at a price the Dubai coastline stopped offering.

A beachfront studio around AED 1.5M does not exist on Palm Jumeirah or Emaar Beachfront. On Al Marjan it does — and it comes with a private lagoon rather than a shared public beach.

1 / 4

Every Unit Faces Water

Four boutique towers arranged around the lagoon — there is no inland stock, so there is no compromise line in the price list.

A Private Beach, Not a Public One

The lagoon is gated with its own white sand. On most beachfront schemes the beach is shared with the district.

Specification Over Height

Natural marble, solid wood doors, German Schüco windows, smart home and designer kitchens — Ellington's interiors are the product here.

Next To The Wynn

The first licensed casino resort in the Middle East opens on the neighbouring headland — the single event repricing the whole island.

Property Types & Floor Plans

rate of 2026-08-10

Studio

394–409 ft² (37–38 m²)

AED 3,643/ft² · ≈ $10,678/m²

Beachfront, lagoon-facing · launched at AED 1.0M

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1 Bedroom

718–1,112 ft² (67–103 m²)

AED 1,709/ft² · ≈ $5,008/m²

Lagoon-facing terrace · asking to AED 3.02M

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2 Bedroom

1,089–1,216 ft² (101–113 m²)

AED 2,336/ft² · ≈ $6,845/m²

Corner layouts available · asking to AED 5M

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2 Bedroom + Study

1,301–1,631 ft² (121–152 m²)

AED 3,066/ft² · ≈ $8,985/m²

Separate study room · top of the two-bedroom band

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3 Bedroom

1,095–1,322 ft² (102–123 m²)

AED 2,458/ft² · ≈ $7,205/m²

Duplex layouts reach 3,181 sqft · asking to AED 4.67M

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Payment Plan Costa Mare

70/30 — most of the price paid before you get the keys.

Costa Mare is sold on a 70/30 construction-linked plan with handover in Q3 2028. Seventy per cent is paid across the build, the balance on completion. Two costs sit outside that schedule, both stated in Ellington's own price list: AED 3,000 is payable to RERA as a registration fee at booking, and 4% is charged at completion for the title deed. Ras Al Khaimah's headline transfer rate matches Dubai's, but it is collected by RAK's own land department rather than the DLD.

20%
Down payment
On booking
50%
During construction
2026–2028
30%
On handover
Q3 2028
Economic Appeal

Why Costa Mare Is Worth Knowing on Al Marjan

For Growth

Costa Mare launched at AED 1M for a beachfront studio. Today the same stock asks from AED 1.49M, a one-bedroom from AED 1.9M, and Ellington itself sold a 1,216 sqft two-bedroom in Tower III for AED 3.92M in December 2025 — roughly AED 3,225 per square foot. The island's thesis is the Wynn resort opening on the next headland and the tourism volume that follows it, and handover in Q3 2028 puts completion after the resort opens, not before.

For the Long Hold

A gated lagoon with private sand and no inland-facing stock is genuinely scarce product. The honest counterweights: Ras Al Khaimah is a thinner resale market than Dubai, the rental record on the island is short, the investment case leans heavily on a single anchor project delivering as promised, and much of the launch-to-today gain has already been taken by the first buyers — the entry now is the resale market, not the launch list.

Costa Mare
Alex Graf
Your Real Estate Manager · Al Marjan Island specialist

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