Description
Porto Playa is a development located in Ras Al Khaima, around 40 minutes from Dubai. Jointly proposed by Ellington and RAK Properties, one of Dubai's most renowned developers, this project boasts many assets. On the seafront and less than 10 minutes from the future casinos of Ras Al Khaima, Porto Playa is probably the most beautiful residence in the RAK emirate. On this page, Dubai Immo is pleased to present you with a complete analysis of the project and all the information you need to know. You'll find apartment prices, the proposed payment plan and a downloadable brochure. Please do not hesitate to contact us if you would like to find out more about the project or reserve an apartment.
Project location: Ras Al Khaima
The Emirate of Ras Al Khaima (RAK), and Hayat Island for that matter, are located around 40 minutes from Dubai. RAK has been the talk of the town since the announcement of the opening of the first casinos, scheduled for 2026/2027. In addition to the very significant development prospects offered by the opening of the casinos, the Emirate offers a credible alternative for investment. Prices are much more affordable than in Dubai, and real estate taxation is also non-existent. For example, you can buy an apartment in a residence with a private beach, for the price of an apartment in an outlying district of Dubai. As Dubai's population continues to grow, residents are looking for nearby destinations to spend the weekend. There's no doubt that Ras Al Khaima will come into its own, offering very attractive returns on short-term rentals.
The Porto Playa RAK residence
Featuring a particularly successful modern design, this residence will benefit from an exceptional seaside location. As always with Ellington Properties, future residents will be able to enjoy the very highest standards of facilities. With a swimming pool, gym, concierge service and security, Porto Playa residents will enjoy all the comforts of a 5-star hotel while enjoying the privacy of a private residence.
Porto Playa RAK apartments
Several types of property are on offer. Choose from studios, 1, 2 and 3-bedroom apartments. The apartments feature generous floor areas and superb finishes, as always with Ellington. The modern design of the apartments, from kitchens to bathrooms, is of the highest quality. The most sought-after units will of course be those with breathtaking views over the crystal-clear sea of Hayat Island. Contact us for access to these coveted apartments!
Porto Playa apartment prices
- Studios from 800k AED (€200,000)
- 1-bedroom apartments from AED 1.5M (€ 375,000)
- 2-bedroom apartments from AED 2.5M (€625,000)
- 3-bedroom apartments from AED 3.8M (€ 950,000)
Studios
41m2-
40,000€ on reservation
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10,000 within 3 months
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10,000 within 6 months
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10,000€ at 20% construction
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10,000€ at 30% construction
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10,000€ to 40% construction
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10,000€ at 50% construction
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100,000€ on completion
1 bedroom
83m2-
75,000€ on reservation
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18,500 within 90 days
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18,500 within 90 days
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18,500€ at 20% construction
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18,500€ at 30% construction
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18,500€ at 40% construction
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18,500€ at 50% construction
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185,000€ on completion
2 rooms
127m2 to 279m2-
125,000€ at reservation
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31,250 within 3 months
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31,250 within 6 months
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31,250€ at 20% construction
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31,250€ at 30% construction
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31,250€ at 40% construction
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31,250€ at 50% construction
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312,500€ on completion
3 rooms
190m2 to 319m2-
190,000€ at reservation
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47,500 within 90 days
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47,500 within 90 days
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47,500€ at 20% construction
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47,500€ at 30% construction
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47,500€ at 40% construction
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47,500€ at 50% construction
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475,000€ on completion of work
Payment Plan & Financing
The developer offers you an interest-free payment plan. You'll be able to pay for your apartment in instalments, between the time you reserve the property and the time the work is completed. The Porto Plaza payment plan breaks down as follows:
- 20% to be paid upon reservation
- 5% payable within 90 days of reservation
- 5% payable within 180 days of reservation
- 5% to be paid from 20% of construction
- 5% to be paid from 30% of construction
- 5% to be paid from 40% of construction
- 5% to be paid from 50% of construction
- 50% to be paid at the end of the work
