Porto Playa, Mina Al Arab: Ellington Enters Ras Al Khaimah
Porto Playa is a residential development by Ellington in Mina Al Arab, a waterfront community in Ras Al Khaimah. It offers apartments, townhouses, and villas, priced from AED 800,828 to AED 3,800,828. Construction started in April 2024, with handover targeted for December 2026.
Mina Al Arab and What the Location Means
Mina Al Arab sits on RAK's coastline, roughly 70 to 90 kilometres north of Dubai. For daily commuters to Dubai, that is a real commitment. Under normal conditions the drive takes around 60 to 75 minutes, depending on your destination in Dubai. For buyers based primarily in RAK, or working remotely, the equation shifts.
Mina Al Arab is a master-planned waterfront community. Porto Playa sits within it, giving residents direct access to the coastal setting that defines the address.
What AED 800K to AED 3.8M Covers
The price range is wide because the product mix is wide. At the entry point, AED 800,828 gets you a studio apartment of 437 sq ft. Moving up: one-bedroom apartments start from AED 1,500,828 at 891 sq ft, with larger 1BR layouts reaching AED 2,513,828 at 1,042 sq ft. Two-bedroom apartments begin at AED 2,570,828 across sizes from 1,361 sq ft to nearly 1,960 sq ft. Three-bedroom apartments reach AED 3,800,828 at 2,034 to 2,328 sq ft.
Within the two-bedroom category, multiple layout types share the same starting price but differ meaningfully in size. A buyer at AED 2,570,828 might choose between 1,361 sq ft and 1,958 sq ft depending on the layout. That spread matters.
Apartments, Townhouses, and Villas
Porto Playa covers three formats: apartments, townhouses, and villas. Apartments run from studio to four-bedroom and cover the widest buyer profile, from investors seeking a lower entry point to families who want an urban layout. The two-bedroom townhouses at 1,711 sq ft and three-bedroom villas at 3,423 sq ft address buyers who want more floor area and a distinct living structure. Those formats suit owner-occupiers more than rental investors.
Amenities
| Theme | Facilities |
|---|---|
| Health and fitness | Well-being and fitness centre, Yoga room, Cycle track |
| Leisure | Dine-in cinema, Shared pool |
Five amenities across two themes. The dine-in cinema is an uncommon inclusion in residential developments. The active-living cluster of yoga room, cycle track, and fitness centre signals a project aimed at residents who want structured daily routines within the building. The overall set is compact and consistent with an active lifestyle focus.
Entering Six Months from Handover
Expected completion: December 2026. Construction started in April 2024. Buyers entering now are acquiring an asset roughly five to six months from handover.
That is a compressed off-plan window. Most construction risk is already behind you. The trade-off is that early-phase pricing is gone. You are buying a near-complete product with a defined delivery date rather than a long-horizon speculative position.
Getting In for 20%
| Stage | Payment |
|---|---|
| Down payment | 20% |
| During construction | 30% |
| Handover | 50% |
The 20% down payment brings the initial outlay to roughly AED 160K to AED 760K depending on the unit chosen. The structure is weighted toward handover: one-fifth in, another 30% during construction, and 50% due at keys. With completion arriving in December 2026, construction-phase payments will fall within a short window for buyers entering today. The handover payment is the largest single obligation and arrives soon.