Playa Del Sol

Playa Del Sol is a 17-storey residential tower on Al Marjan Island, Ras Al Khaimah, developed by Ellington Properties. It is the developer's second project on the island, comprising 516 units that include studios, 1–3 bedroom apartments, 4-bedroom penthouses and a single 5-bedroom villa. Unit sizes range from 411 to 8,674 sq ft.

Prices in Playa Del Sol start from AED 3,300,000. The project offers a range of unit types from studios to a 5-bedroom villa, so pricing varies significantly based on size and floor. A 60/40 payment plan is available to spread the cost across construction and handover.

Playa Del Sol is scheduled for handover in Q4 2027. This timeline aligns closely with the opening of Wynn Al Marjan Island in early 2027, making it a well-positioned entry for investors targeting the anticipated surge in short-term rental demand on the island.

Ellington Properties offers a 60/40 payment plan on Playa Del Sol. Buyers pay 60% during the construction phase and the remaining 40% on handover in Q4 2027. This structure is standard for Ellington off-plan projects and helps buyers manage cash flow over the build period.

Residents have access to a private beach, a clubhouse, an outdoor cinema, a gaming room, an interactive gym, a squash court, an outdoor yoga deck with sea views, a sunken garden, and salon and spa treatment rooms. The project also includes a private jetty with first-class yacht service, playgrounds, and dedicated beach access — positioning it firmly as a resort-style residence.

Playa Del Sol is located just steps from Wynn Al Marjan Island, the Middle East's first Wynn Resorts-branded property and the UAE's first licensed gaming destination, scheduled to open in early 2027. This proximity is a key driver of short-term rental demand and is expected to push occupancy rates and nightly rates significantly higher once the resort opens.

Al Marjan Island currently averages approximately 6% ROI on long-term rentals, with annual rental rates starting around AED 42,000. Short-term rental yields are projected to rise further once Wynn Al Marjan Island opens in 2027, increasing the investment case for units in Playa Del Sol specifically, given its walking-distance proximity to the resort.

Al Hamra Golf Club — the largest golf venue in Ras Al Khaimah and the only Northern Emirates stop on the DP World Tour — is a short drive away. Al Hamra Mall offers 120+ stores, 12 dining options, a Spinneys supermarket and RAK Medical Center. RAK International Airport is 30 minutes away, Dubai is reachable within an hour, and schools including RAK Academy British School Al Hamra are within a 10-minute drive.