Porto Playa is a beachfront development on Hayat Island, Mina Al Arab, Ras Al Khaimah. It is 282 homes across a low rise building of ground, mezzanine and eight residential floors, ranging from 455 square foot studios up to a single four bedroom presidential suite of 6,323 square feet, with eight townhouses and four villas in between.
Two things make this project unusual. It is a joint venture between Ellington Properties and RAK Properties, and it is Ellington first project in Ras Al Khaimah. The service charge is anticipated at AED 12 per square foot, which is roughly half what you would pay to hold a comparable beachfront apartment in Dubai.
Porto Playa at a glance
| Property Name | Porto Playa |
| Developer | Ellington Properties |
| Location | Hayat Island, Ras Al Khaimah |
| Property Type | Apartments, townhouses and villas |
| Unit Types | Studios, 1, 2 and 3 bedroom apartments, 2 bedroom townhouses, 3 bedroom villas and one 4 bedroom presidential suite |
| Total Units | 282 |
| Sizes | 455 sq ft to 6,323 sq ft across all types |
| Size basis | As published by Ellington Properties. See the note below on per type sizes |
| Starting Price | Not published by the developer. Price on request |
| Payment Plan | Available from Cresco on request, direct from the developer |
| Handover | Q4 2026, anticipated |
| Service Charge | AED 12 per sq ft |
| Ownership | Freehold |
| Project Status | Off plan |
| Building | Ground floor, mezzanine and 8 residential floors |
| Parking | 1 space for studios and 1 bedroom homes, 2 spaces for 2, 3 and 4 bedroom homes |
| Lifts | 4 passenger lifts and 2 service lifts |
Unit mix and sizes
| Type | Units | Size range |
|---|---|---|
| Studio | 32 | |
| 1 Bedroom | 138 | |
| 2 Bedroom | 82 | |
| 3 Bedroom | 17 | |
| 2 Bedroom Townhouse | 8 | |
| 3 Bedroom Villa | 4 | |
| 4 Bedroom Presidential Suite | 1 | from 6,323 sq ft |
One bedroom homes are 49 percent of the scheme, so that is the deepest rental and resale pool. The premium tier of eight townhouses, four villas and one presidential suite is 13 units out of 282, which is where scarcity sits.
Ellington and RAK Properties publish the payment schedule as a multi column grid that does not reproduce reliably in text form. Rather than print a schedule that may be wrong, request the signed version through Cresco.
Questions answered
Who is the developer of Porto Playa? Ellington Properties, a Dubai based design led developer founded in 2014.
Where is Porto Playa? Hayat Island, Ras Al Khaimah.
When is handover? Q4 2026, anticipated
Is Porto Playa freehold? Yes. The developer states freehold ownership, which is open to all nationalities.
What is the payment plan? Available from Cresco on request, direct from the developer
What is the service charge? AED 12 per sq ft, as anticipated by the developer.
What is the starting price? Ellington has not published a price list in this collateral. Contact Cresco Real Estate for current availability and pricing.
Who is building Porto Playa? It is a joint venture between Ellington Properties and RAK Properties. It is Ellington first development in Ras Al Khaimah.
Why is the service charge so low? AED 12 per square foot reflects Ras Al Khaimah cost base and a low rise building with fewer serviced systems than a Dubai tower. Over a ten year hold that difference is significant.
About Hayat Island
Hayat Island is part of Mina Al Arab, an RAK Properties masterplan on the Ras Al Khaimah coast with mangroves, a marina and a stretch of natural beach. It carries freehold title open to all nationalities. It sits about 25 minutes north of Al Marjan Island, where the Wynn resort is under construction, so it benefits from the same tourism uplift without the island pricing.
Ellington Properties has delivered across Downtown Dubai, Jumeirah Village Circle, Mohammed Bin Rashid City, Palm Jumeirah, Dubai Hills Estate and Ras Al Khaimah. The house style is consistent: art led lobbies, heavy amenity decks and interiors designed in house rather than outsourced.
What the developer does not tell you
The per unit type size ranges are printed in a two column layout in the project brief that interleaves typical and premium units. We can read the unit counts with confidence but not which size range belongs to which bedroom count, so we have published the overall span only. Ask for the unit schedule in writing before you choose a layout.
The completion date and service charge are both marked anticipated by the developer, not committed.
This is a joint venture. Confirm which entity is the registered developer on the escrow account and on your SPA, because that determines who you have recourse against.
Every figure on this page is taken from Ellington Properties official project collateral. Cresco Real Estate LLC, RERA ORN 34288.
