Coming Q3 2028
    Al Marjan Island, RAK

    Costa Mare

    Costa Mare, Al Marjan Island, Ras Al Khaimah

    Asking Price

    AED 1,995,000

    1

    Bedrooms

    2

    Bathrooms

    850

    Sq. Ft.

    12th Floor

    Floor

    About This Property

    Costa Mare by Ellington Properties at Al Marjan Island offers beachfront resort-style living in Ras Al Khaimah. With studio to 3-bedroom options and a 20/50/30 payment plan, this is an ideal investment in the UAE's emerging luxury destination.

    Features & Amenities

    Beachfront location
    Resort amenities
    Infinity pool
    Private beach
    Gym & spa
    Retail & dining
    Near Wynn Resort
    20/50/30 payment plan
    Currency
    Live rates from ECB

    Property Price

    AED 1,995,000

    Property Details

    Property TypeApartment
    DeveloperEllington Properties
    Year Built2028
    Parking1 Space
    StatusComing Q3 2028

    Investment Analysis

    Investment Analysis

    Financial Overview

    7.0%

    Gross Rental Yield

    Per Annum

    6.4%

    Net Rental Yield

    After Fees

    108.2%

    5-Year ROI Projection

    Total Return

    12%

    Capital Appreciation

    Annual Average

    Currency
    Live rates from ECB

    1 AED = 1.0000 AED•Source: ECB

    Financial Details

    Property PriceAED 1,995,000
    Annual Rental IncomeAED 139,650
    Annual Service ChargesAED 11,970
    Net Annual IncomeAED 127,680
    5-Year Projected ValueAED 3,515,872
    5-Year Total ReturnsAED 2,159,272

    Investment Highlights

    • Prime location with exceptional rental demand from corporate executives and high-net-worth tenants.

    • Dubai's real estate market has shown consistent 12% annual appreciation over the past decade.

    • Tax-free rental income with no capital gains tax on property sales.

    • Golden Visa eligibility for property investments over AED 2 million.

    • Professional property management services available with guaranteed rental programs.

    • Guaranteed rental return programs available by individual agreement.

    Dubai Rental Yield by Price Tier

    Ultra-luxury properties typically yield less due to limited tenant pools, longer vacancy periods, and owner-occupier dominance.
    This Property
    Other Tiers

    Source: Dubai Land Department & RERA Q4 2025 data

    * Projections are based on historical data and market analysis. Actual returns may vary. Past performance is not indicative of future results.

    Financial Planning

    Mortgage Calculator

    Calculate your monthly payments and understand the total cost of ownership

    Adjust Your Terms

    Property PriceAED 1,995,000
    Down Payment
    25%

    AED 498,750

    15%50%
    Interest Rate
    4.5%
    2%8%
    Loan Term
    25 Years
    5 years25 years
    Currency
    Live rates from ECB

    1 AED = 1.0000 AED•Source: European Central Bank

    Total Cost of Ownership

    AED 3,364,584

    Upfront CostsAED 645,153
    Total Mortgage PaymentsAED 2,494,993
    Insurance (25 years)AED 224,438

    Complete cost over 25-year term including all fees, interest, and insurance

    Monthly Payment

    AED 8,317

    Over 25 years at 4.5% interest

    Loan Summary

    Loan AmountAED 1,496,250
    Total InterestAED 998,743
    Total RepaymentAED 2,494,993

    Upfront Costs

    Down Payment (25%)AED 498,750
    DLD Registration (4%)AED 79,800
    Agency Fee (2%)AED 39,900
    Mortgage Registration (0.25%)AED 3,741
    Bank Processing (1%)AED 14,963
    Valuation FeeAED 3,000
    Trustee/Oqood FeeAED 4,000
    NOC FeeAED 1,000
    Total Upfront RequiredAED 645,153

    Annual Insurance Costs

    Life Insurance (0.5% of loan)AED 7,481
    Property Insurance (0.075%)AED 1,496
    Total Annual InsuranceAED 8,978

    * Insurance is mandatory for mortgage approval and must be renewed annually

    * Calculations are estimates based on standard UAE mortgage terms. Actual rates and fees may vary by bank and borrower profile.