Planned
AED 20,547per m²Ras Al Khaimah, United Arab Emirates
Soto Grande by Ellington, photo 1Price from
AED 1,696,828≈ $462,036 · Rate as of 2026-10-14US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.AED 23,166 per m² ≈ $6,308
cheaper than 55% of city projects: -4%Data verified Oct 1, 2026 · price source: developer partner network · updated 13 days ago
- Properties
- Condominium
- Area
- 72 - 193 m²
- Bedrooms
- 1 - 3
- Completion
- Q4 2029
- Readiness
- Under construction
- Dry season
- May, Jul, Aug
- First instalment
- 20%
Price
Is this expensive for the city
$6,308 per m², Ras Al Khaimah median $6,593
Median $6,593This project $6,308
$3,636$10,935
-4% vs the city median (Ras Al Khaimah), sample of 38 projects. cheaper than 55% of city projects.
Rate as of 2026-10-14, city data updated 2026-10-14. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue. The scale is logarithmic.
The cost of this project
A breakdown of this project for your budget and goals
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What it really costs
Payment plan
- 20%Step 1 · On booking$92,407
- 4%Step 2 · Tax$18,481
- 50%Step 3 · Before commissioning$231,018
- 30%Step 4 · On transfer$138,611
- Total
- $462,036
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
$231,018$1,471,312
$449$6,943
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
40%100%
0%20%
- Monthly income
- $1,768
- Annual income
- $21,212
- Gross yield
- 5.7%
- Net yield
- 4.6%
- Value in 5 years
- $618,309
- 5-year ROI
- 57%
See calculation details
- Gross annual rent
- $26,385
- Common area fee
- -$221
- Tax (10%)
- -$2,639
- Agent commission
- -$2,314
- Net annual income
- $21,212
Read moreCollapse
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
Show monthly table
| Month | Temperature, °C | Rainfall, mm |
|---|---|---|
| Jan | 20.1 | 23 |
| Feb | 21.1 | 10 |
| Mar | 23.7 | 16 |
| Apr | 27.5 | 6 |
| May | 31.5 | 1 |
| Jun | 34.1 | 2 |
| Jul | 35.7 | 1 |
| Aug | 35.7 | 1 |
| Sep | 33.7 | 1 |
| Oct | 30.8 | 2 |
| Nov | 26.4 | 8 |
| Dec | 22.4 | 14 |
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
- Completion
- Q4 2029
- Status
- Under construction
- Area
- 72 - 193 m²
Description
Ellington Group is building Soto Grande by Ellington in Ras Al Khaimah, in the Ras Al Khaimah region of the UAE. The project is under construction, with completion set for December 2029.
Layouts range from 1 to 3 bedrooms, with areas from 72.09 to 192.97 square meters, covering everything from compact units to larger homes suited to families.
Prices start at AED 1,696,828 and go up to AED 4,502,828, with a price per square meter from AED 23,166. The spread in price lines up with the difference between the smallest and largest layouts on offer.
Soto Grande by Ellington sits in Ras Al Khaimah city, within the Ras Al Khaimah region. Construction is ongoing and the project has not yet been handed over.
This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.
Price in your currency
Rate: 1 USD = 3.6725 AED≈ $462,036Rate as of 2026-10-14
Denominated in AED - a natural hedge against a weakening USD.
Sources: exchangerate-api.com
Location
Ras Al Khaimah, United Arab Emirates
Market context
Residential price growth39% YoY
Apartment price levelDh2,000 per sqft
Rental growth5% YoY
Average gross rental yield5.6%
Foreign buyer share68%
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.
Sources (6) · updated 21/08/2026
- UAE: RAK property rally continues in 2025 as prices near Dh2,000 per sqft | Khaleej Times ↗
- UAE: RAK Property Rally Continues In 2025 As Prices Near Dh2,000 Per Sqft ↗
- Why savvy investors are flocking to Ras Al Khaimah - Construction Week Online ↗
- ValuStrat Launches Ras Al Khaimah ValuStrat Price Index - ValuStrat ↗
- UAE Real Estate In 2025: Ras Al Khaimah Emerges As Hotspot ↗
- Ras Al Khaimah Real Estate Investment 2025 | Growth & ROI Guide ↗
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