Real Estate Project · Ras Al Khaimah
Porto Playa: Ellington's Waterfront Development in Ras Al Khaimah
Hayat Island, Mina Al Arab: the private beach, the floating architecture, and a delivery that is now imminent
For its first project in Ras Al Khaimah, Ellington partnered with RAK Properties, the emirate’s long-standing developer, and created a layered architectural design on Hayat Island’s beach that appears to float above the sand. With boutique residences, a private beach club, and the feel of a «year-round seaside resort,» Porto Playa is nearing completion, and that is precisely what makes it the most compelling opportunity in our RAK selection.
Expected delivery: fourth quarter of 2026
Porto Playa: Project Highlights
Porto Playa is a waterfront residential development created as a joint venture between Ellington Properties and RAK Properties on Hayat Island, in the heart of the coastal community of Mina Al Arab, in Ras Al Khaimah (United Arab Emirates). The development, Ellington’s first project in the emirate, features 269 residences spread across two eight-story buildings connected by a podium: studios and 1- to 3-bedroom apartments (ranging from approximately 455 to 3,500 square feet), plus thirteen luxury units (2-bedroom townhouses, 3-bedroom villas, and a 4-bedroom presidential suite, ranging up to approximately 6,300 square feet). Residents have access to a private beach with a beach club and volleyball court, an infinity pool, an outdoor movie theater, a mini-golf course, an amphitheater, and fitness and yoga areas. The developer’s payment schedule is a 50/50 split (20 % upon reservation plus a 3,000 AED RERA registration fee, followed by 5 % installments during construction, 50 % upon key handover), and delivery is scheduled for the fourth quarter of 2026. Prices and availability upon request.
The project is nearing completion
including 13 exceptional units
half with keys
and direct access to the beach
The project
When Ellington Design Meets RAK's Longtime Developer
The secret to Porto Playa's success lies in its combination: on the one hand Ellington Properties, On one side is Dubai’s design-led firm, for which this is its first project in the emirate; on the other is RAK Properties, the publicly traded developer and long-standing player in Ras Al Khaimah, which has overseen Mina Al Arab since its inception. The former brings the aesthetic standards for which it is renowned, while the latter provides local expertise and institutional stability: for an off-plan purchase, this type of joint venture is a reassuring arrangement.
The result embraces its bold vision: a structure of curved layers designed to appear as if it’s floating above the beach, positioned to follow the sun’s path and optimized (as the developer claims, with the help of artificial intelligence) to maximize ocean views from the floor-to-ceiling windows. The intended vibe is that of a major beach club: a social, seaside destination that is inhabited year-round.
Residences
From studios to presidential suites: 269 residences, 13 rare gems
Last few units
Current Prices, Floor Plans, and Availability
As the delivery date approaches, inventory changes rapidly: let us know your target segment, and we’ll send you the product grid and the units that are actually available, along with our assessment of each orientation.
Request the application materialsThe Location
Hayat Island, Mina Al Arab: Ras Al Khaimah's Natural Coastline
Mina Al Arab is the other side of RAK’s coastline: a coastal community bordered by mangroves and protected wetlands, where flamingos are the neighbors. Porto Playa is located on Hayat Island, just a few minutes from the InterContinental Mina Al Arab, with the following distances provided by the developer:
Funding
A 50/50 payment schedule: half the price upon receipt of the keys
Official launch schedule; as the project is now in its final phase, the remaining timeline for a purchase made today focuses on the final deadlines: specific terms are provided on a unit-by-unit basis upon request.
Our Reading
Why Porto Playa Is the «Final Project» in Our RAK Selection
Most opportunities in Ras Al Khaimah are scheduled for completion between 2027 and 2029: buying today means accepting two to three years of construction. Porto Playa turns the proposition on its head: delivery is scheduled for the fourth quarter of 2026—meaning minimal residual schedule risk, rental income that begins almost immediately, and a location on Mina Al Arab just before the opening of the Wynn, which is set to transform the entire coastline in 2027. Add to that its boutique scale (269 residences, compared to the thousands in mega-projects), the private beach, and the Ellington-RAK Properties joint venture: this project checks off boxes that few others can match.
The trade-offs, plain and simple: the «launch price» window is behind us, as the initial entry prices have been largely absorbed by the market rally; the remaining inventory is, by nature, limited and uneven (orientations, floor levels); and a beach club address entails condominium fees that must be verified before any yield calculation can be made. This is exactly the kind of screening we perform, unit by unit, before recommending one to you.
To place the project within the emirate’s overall strategy, our guide to Invest in Ras Al Khaimah sets the stage; and if your thesis is more along the lines of Al Marjan Island at the foot of the resort, the Sheraton Residences are the other highlight of our RAK selection: two islands, two theses, the same spirit.
Your Questions
FAQ: Porto Playa
Where is Porto Playa located?
On Hayat Island, within the coastal community of Mina Al Arab in Ras Al Khaimah, directly on the waterfront: just a few minutes from the InterContinental Mina Al Arab and the Al Hamra district, about 30 minutes from Ras Al Khaimah Airport, and one hour from Dubai International Airport.
Who is developing Porto Playa?
A joint venture between Ellington Properties, Dubai’s leading design-led developer—for whom this is its first project in Ras Al Khaimah— and RAK Properties, the emirate’s long-established publicly traded developer and the master builder of Mina Al Arab: the aesthetic excellence of one, the local expertise of the other.
When will Porto Playa be completed?
Delivery is scheduled for the fourth quarter of 2026: the project is in the final phase of construction, making it one of the few «nearly completed» opportunities along the Ras Al Khaimah coastline, where most developments are slated for completion between 2027 and 2029.
What is Porto Playa's payment plan?
A 50/50 payment schedule: 20 % upon reservation (plus 3,000 AED in RERA fees), 5 % at 90 and 180 days, four installments of 5 % at construction milestone dates, and 50 % upon key handover. As the project is in its final phase, the exact remaining terms depend on the unit; we provide them on a case-by-case basis.
Can a foreigner buy property in Porto Playa, and what are the benefits?
Yes: Mina Al Arab is one of the areas in Ras Al Khaimah open to international freehold ownership; a valid passport is all that’s required, and the purchase can be completed entirely online. And for properties valued at over 2 million AED, the purchase may qualify you for a 10-year Golden Visa, which includes your spouse and children.
Waterfront, Home Stretch
Decide what you want before you get the keys
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Talk to an advisorThe information presented on this page is derived from the developer’s (portoplaya.ae) public communications, its marketing materials, and market data available as of the date of publication; Images are for illustrative purposes only; floor areas, payment schedules, amenities, and the delivery schedule are subject to change; only the developer’s contractual documents are binding. We act as a business introducer; all reservations are made directly with the developer. This page does not constitute investment advice; all investments involve risks.