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About This Project
Porto Playa marks Ellington Properties' first venture into Ras Al Khaimah, delivered in partnership with RAK Properties on Hayat Island. The development spans 269 units — studios, 1–3BR apartments, 2BR townhouses, 3BR villas, and a single 4-bedroom presidential suite — ranging from 455 to 6,323 sq. ft. Floor-to-ceiling windows and private balconies frame unobstructed Arabian Gulf views across every unit type. Hayat Island sits within Mina Al Arab, one of RAK's most established waterfront communities. Residents have a private beach with sun loungers, a beach club, an infinity-edge pool with cabanas, pool spa, yoga studio, mini-golf, beach volleyball, indoor fitness studios, a teen's arcade, children's playground, and a coffee bar. Schools including The British School Al Hamra are reachable in under 10 minutes, RAK city centre in 30, and Dubai in roughly an hour. With a 50/50 payment plan and Q4 2026 handover, Porto Playa suits both end-users and investors eyeing RAK's fast-growing short-term rental market. Ras Al Khaimah's upcoming casino resort and expanding tourism pipeline add long-term capital appreciation potential. Prices start from AED 2,500,000.
Investment Highlights
Average rental yield of 5% in the surrounding Mina Al Arab area
Eligibility for UAE 10-year Golden Visa with purchase from AED 2M
Beachfront resort-style living on Hayat Island with strong resale potential post-completion
Proximity to Dubai (approx. 1 hour) broadens rental and buyer demand pool
Payment Plan
50/50
