What is the payment plan for Costa Mare?

Costa Mare by Ellington is sold on a 20/50/30 plan: 20% on booking, 50% during construction, 30% on completion, as published by the developer.

How much is the booking amount for Costa Mare?

20% of the price. On the cheapest unit at AED 2.85M that is AED 568,966.

How much do I pay before I get the keys to Costa Mare?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 2.85M that is AED 2.85M by handover in Q3 2029.

Does Costa Mare have a post-handover payment plan?

No. The published plan completes at handover in Q3 2029.

What are the registration fees on Costa Mare?

In Ras Al Khaimah the registration fee is set by the emirate's land department. It is paid to the land department, not to EZRE, and it sits outside the developer's payment plan. Ask us for the figure on Costa Mare.

When is the handover of Costa Mare?

Ellington publishes Q3 2029, which is 34 months from now.

Ellington · Al Marjan Island · handover Q3 2029

Costa Mare payment plan, price and handover

Costa Mare by Ellington in Al Marjan Island, Ras Al Khaimah is sold on a 20/50/30 payment plan. On the cheapest unit, starting from AED 2.85M, that is AED 2.85M (100%) paid by handover in Q3 2029. Handover is 34 months away.

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The Costa Mare payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On booking	20%
During construction	50%
On completion	30%

On the cheapest unit (1 BR, 744 sqft, AED 2.85M)

On booking	AED 568,966
During construction	AED 1,422,414
On completion	AED 853,448
Total (100%)	AED 2,844,828
Months to handover	34

Percentages as published by Ellington. Dirham figures are those percentages applied to the published starting price of AED 2,844,828. Registration and other fees are not included.

The Costa Mare instalment schedule, line by line

Every instalment Ellington publishes for Costa Mare, in order, with the charges listed alongside the plan.

Payment Plan

Published by Ellington

Stage	Instalment	Share	On AED 2,844,828
On booking20%	Registration Fee	fixed	AED 3,150
	On booking	20%	AED 568,966
During construction50%	90 days after the reservation date	10%	AED 284,483
	180 days after the reservation date	10%	AED 284,483
	On completion of 20% construction of the project	5%	AED 142,241
	On completion of 30% construction of the project	5%	AED 142,241
	On completion of 40% construction of the project	5%	AED 142,241
	On completion of 50% construction of the project	5%	AED 142,241
	On completion of 60% construction of the project	5%	AED 142,241
	On completion of 70% construction of the project	5%	AED 142,241
On completion	as published	30%	AED 853,448
Total of the plan		100%	AED 2,844,828

Lines marked fee (Registration Fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Instalments and charges as published by Ellington; the dirham column applies each percentage to the published starting price of AED 2,844,828. Fixed charges are printed as published. Registration is covered separately below.

What each unit size pays at Costa Mare

The same plan, applied to the starting price Ellington publishes for each size in the building.

Unit	From	On booking (20%)	During construction (50%)	On completion (30%)
1 bedfrom 744 sq ft	AED 2,844,828	AED 568,966	AED 1,422,414	AED 853,448
2 bedfrom 1,089 sq ft	AED 3,590,828	AED 718,166	AED 1,795,414	AED 1,077,248

Starting price per size as published by Ellington; each column is that size’s published starting price multiplied by the stage percentage above.

What it costs to register Costa Mare

In Ras Al Khaimah the registration fee is set by the emirate’s land department. It is paid to the land department, not to Ellington and not to EZRE, and it sits outside the payment plan above. Ask us for the figure on Costa Mare, or read what a buyer pays in each emirate.

Everything else on Costa Mare

Costa Mare payment plan: questions buyers ask

What is the payment plan for Costa Mare?: Costa Mare by Ellington is sold on a 20/50/30 plan: 20% on booking, 50% during construction, 30% on completion, as published by the developer.
How much is the booking amount for Costa Mare?: 20% of the price. On the cheapest unit at AED 2.85M that is AED 568,966.
How much do I pay before I get the keys to Costa Mare?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 2.85M that is AED 2.85M by handover in Q3 2029.
Does Costa Mare have a post-handover payment plan?: No. The published plan completes at handover in Q3 2029. If you sell before handover, this is how it works.
What are the registration fees on Costa Mare?: In Ras Al Khaimah the registration fee is set by the emirate's land department. It is paid to the land department, not to EZRE, and it sits outside the developer's payment plan. Ask us for the figure on Costa Mare.
When is the handover of Costa Mare?: Ellington publishes Q3 2029, which is 34 months from now.