Costa Mare

The Costa Mare residential complex by Ellington is located on Al Marjan Island, Ras Al Khaimah, one of the most promising areas in the UAE for elite real estate investments. This artificial archipelago attracts buyers due to its unique location on the Arabian Gulf coast, developed tourism infrastructure, and high investment appeal.

It features international brand resorts, first-class beaches, and exclusive residential complexes that create a comfortable environment for living and relaxation. Additionally, in 2026, the first casino resort in the UAE – Wynn Al Marjan Island Resort – will open on one of the islands.

Over the past two years, the real estate market on Al Marjan Island has shown stable growth. In 2023, the average rental yield for new apartments and duplexes was 6.5-7%, and in 2024, this figure remained at the same level.

The cost per square meter of housing on the island increased by 15% in 2023 and continued to rise in early 2025, making investments in Costa Mare a promising decision for both rental income and resale. With growing demand for elite coastal real estate, further price increases are projected, supported by international investor interest and large developers’ plans for the area’s expansion.

New apartments and duplexes on Al Marjan Island are suitable for both long-term and short-term investments. Long-term investments provide stable income due to high rental demand among tourists and UAE residents who prefer premium districts with developed infrastructure. Short-term investments are also attractive due to the dynamic property price growth and the possibility of quick resale at a profit. In 2024, some properties were resold with a markup of up to 20% from the initial price.

The UAE and Ras Al Khaimah governments pay special attention to the development of Al Marjan Island, positioning it as one of the key tourism and investment hubs. In the coming years, further infrastructure expansion is planned, including new hotels, marinas, and entertainment complexes.

Costa Mare has excellent transport accessibility. A public transport stop is within a 5-minute drive. The nearest shopping malls include Al Hamra Mall (10 minutes by car) and RAK Mall (25 minutes). International schools and universities near the complex: RAK Academy Al Hamra (12 minutes), GEMS Westminster School (20 minutes), American University of Ras Al Khaimah (30 minutes).

Travel time to airports: Ras Al Khaimah International Airport (40 minutes), Dubai International Airport (55 minutes). Key locations in the emirate that are easily accessible: Ras Al Khaimah city center (30 minutes), Ras Al Khaimah National Museum (35 minutes), Al Wadi Desert Reserve (40 minutes), Waldorf Astoria Resort (15 minutes).