Layouts and the handover date come from the sales-launch announcement; the date
of that announcement is shown next to the prices. It is what the developer
claimed at launch, not a registry record — off-plan, phasing and dates get
revised. I will send the current ones over WhatsApp.
Developer prices
These are the starting prices as of the date shown, not today's list: off-plan
they are revised several times a year, and more often upwards than down.
1 bedroom
from AED 2,900,000 as of 20 August 2026
2 bedrooms
from AED 3,500,000 as of 20 August 2026
Developer
Ellington Properties
Figures come from the developer's own materials sent to brokers, dated 20 August 2026. The commentary behind them is written up in the Russian
version of this page.
About the building
A residential building in Al Marjan Island, currently under construction. Developer — Ellington Properties.
Specifications for Costa Mare as published by the developer — the project is under construction, so there is no Land Department record yet.
They describe the whole building, not the individual unit.
About the project
Costa Mare is a residential building in Al Marjan Island.
The developer is Ellington Properties.
Layouts, according to the sales-launch announcement — studios, 1 and 2 bedrooms.
The database currently holds 3 lots in this project, from 2,100,000 AED; 3 of them priced below the market, the deepest discount 17%.
The final payment on this building falls in 2028 — under off-plan plans that is
40–60% of the price in one go. A UAE bank closes it: the flat becomes the security,
and nothing is added on top of what the developer has already been paid.
Up to 80% of the appraised value, no extra down payment
3.99% fixed for three years, up to 25 years in term
6–12 months before the keys — the bank wants six months of income history
Already been invoiced, or missed the date? That is not a dead end either — write and
we will look at what the developer will accept.
Studios, 1-bedroom and 2-bedroom, according to the sales-launch announcement. Which sizes are actually free right now depends on what is on the market; I will send the current list.
How much does an apartment in Costa Mare cost?
The database currently holds 3 lots in this project, from 2,100,000 AED; 3 of them priced below the market, the deepest discount 17%. Prices move every day, so it is worth asking for the current list for this building.
A company that builds few buildings and competes on architecture and floor plans. What the boutique format gives on quality and costs on liquidity, and what needs checking with a smaller developer.
A launch sells out in an afternoon, which is exactly the problem: the buyer has the least time to think at the moment the most is being decided. What the price list is actually telling you, and which columns matter.
The developer that made the monthly instalment its main product. How the 1% plan actually works, what it does not include, and what to verify before committing to sixty payments.
Where this project stands today
I will send the available layouts, the real entry price and what owners and tenants
actually say about the building — without the brochure language.