Soto Grande by Ellington

Ras Al Khaimah, United Arab Emirates

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Price from

≈ $465,576AED 1,709,828Rate as of 2026-08-30

US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

AED 23,166 / m²

cheaper than 60% of city projects

-4% vs the city median (Ras Al Khaimah), sample of 37 projects

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Data verified Aug 26, 2026price source: developer partner networkupdated 4 days ago

Properties

Condominium

Area

70 - 193 m²

Bedrooms

1 - 3

Readiness

Under construction

Available

6 of 6

Dry season

May, Jul, Aug

Is this expensive for the city

$6,308per m²cheaper than 60% of city projects

Median $6,595
$4,191$10,935

-4% vs the city median (Ras Al Khaimah), sample of 37 projects

Rate as of 2026-08-30, city data updated 2026-08-30. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.

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What it really costs

Payment plan

  1. Step 1

    On booking

    20%

    $93,115

  2. Step 2

    Tax

    4%

    $18,623

  3. Step 3

    Before commissioning

    50%

    $232,788

  4. Step 4

    On transfer

    30%

    $139,673

Total$465,576

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

$463$6,984

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

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40%100%
0%20%
Monthly income

$1,768

Annual income

$21,212

Gross yield

5.7%

Net yield

4.6%

Value in 5 years

$623,046

5-year ROI

57%

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Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

When is the season here

Driest months: May, Jul, Aug

Wettest months: Jan, Mar, Dec

Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.

Rainfall, mm per monthTemperature, °C
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan20.123
Feb21.110
Mar23.716
Apr27.56
May31.51
Jun34.12
Jul35.71
Aug35.71
Sep33.71
Oct30.82
Nov26.48
Dec22.414

Source: NASA POWER, climate normal (2001-2020). Grid node 25.7, 55.8. This is a multi-year normal, not a weather forecast.

About the project

Properties

Condominium

Status

Under construction

Total units

6

Available

6

Area

70 - 193 m²

Description

Two buildings make up Soto Grande by Ellington, a condo development under construction in Ras Al Khaimah, with 6 units in total and all 6 currently available. The developer is Ellington Group.

Unit sizes range from 70.56 to 192.97 square meters, with layouts of 1, 2 and 3 bedrooms. Prices start at AED 1,719,828 and go up to AED 4,502,828, with an average price per square meter of AED 24,374. With all 6 units still on the market, the full spread of layouts and sizes remains open to choose from.

The project sits in the Ras Al Khaimah region, in the UAE. It is registered as a condo property type, currently at the under construction stage.

Soto Grande by Ellington suits buyers looking at property under construction in Ras Al Khaimah who want to pick from a defined range of unit sizes and bedroom counts.

Location

Ras Al Khaimah, United Arab Emirates

Market context

Residential price growth

39% YoY

Apartment price level

Dh2,000 per sqft

Rental growth

5% YoY

Average gross rental yield

5.6%

Foreign buyer share

68%

Ras Al Khaimah’s residential market is on a sharp upward trajectory, with prices and rents both posting solid year‑on‑year gains and the emirate attracting a growing share of foreign investors. The momentum is underpinned by strong economic growth, new premium projects such as the Wynn Al Marjan Resort and expanding tourism, suggesting continued capital appreciation and robust rental demand into 2026.

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