Ellington Views Phase 2 By Ellington Properties
Al Hamra Village · by Ellington · Ras Al Khaimah
This project sits outside the full evidence tier: it is in Ras Al Khaimah, where developer inventories are published less completely than in Dubai. The record below is what the corpus actually holds, with nothing filled in around the gaps.
The record
| Developer | Ellington |
|---|---|
| Community | Al Hamra Village |
| City | Ras Al Khaimah |
| Sale status | Sold out |
| Construction | Under construction |
| Classification | Off-plan |
| Property types | Apartment |
| Bedrooms offered | Studio, 1, 2, 3 |
| Priced unit records | 0 |
| Unit plans listed | 1 |
Read from developer-published inventories on 2026-07-30. Blank means the developer published nothing, not that the answer is zero.
Where this price sits
No priced unit records have been published for Ellington Views Phase 2 By Ellington Properties, so there is no median AED/sqft to compare and we will not estimate one. What can be said is the ground it sits on: the 36 priced off-plan units in Al Hamra Village run at a median of AED 2,306 per sqft, with the middle half between AED 1,963 and AED 2,857, against a Dubai median of AED 2,021.
The one published price is the entry point, AED 2,160,828. Without a unit size it cannot be turned into a price per sqft, so it is left as it was published.
The payment plan
This plan spreads the price over the months to handover and beyond, and money you have not paid yet is money you still have. Valuing every instalment on the day it actually falls due, at 5.0% a year, this schedule is worth 1.66% less than the headline, or AED 35,776 on the published entry price. It is not a discount anyone will give you at the counter, and the total you sign for does not change. It is what the timing is worth, and it is the number to compare against another project handing over at the same time.
Computed from the published schedule and the stated handover date, at a 5.0% annual cost of money compounded monthly. It credits no rent, no capital growth and no allowance for a handover delay. Definition and the reason for the rate: methodology. Where this project sits against every other: the plan discount ranking.
On the published entry price of AED 2,160,828 that is AED 1,080,414 before handover. Run other prices through the payment plan calculator.
Booking, construction and handover are three independent medians, so they are normalised to 100 before drawing and the handover share carries the remainder. 10% of plans in Al Hamra Village schedule instalments after the keys.
More in Al Hamra Village
- AED/sqft
- 2,341
- From
- AED 1.72M
- Handover
- Q4 2029
- Before keys
- 70%
- AED/sqft
- 1,905
- From
- AED 1.45M
- Handover
- Q1 2027
- Before keys
- 50%
- AED/sqft
- 2,026
- From
- AED 1.45M
- Handover
- Q4 2028
- Before keys
- 30%
- AED/sqft
- 4,848
- From
- AED 8.40M
- Handover
- Q2 2028
- Before keys
- 50%
- AED/sqft
- 2,836
- From
- AED 1.40M
- Handover
- Q4 2028
- Before keys
- 30%
- AED/sqft
- 1,406
- From
- AED 3.69M
- Handover
- Q2 2028
- Before keys
- 50%
The full report: every community, every developer, ranked.
Al Hamra Village, Ras Al Khaimah in context: price per sqft by community and developer, payment plan structures ranked by cash due before handover, the 2026 to 2029 delivery pipeline, and the CSV behind every table. PDF plus data, delivered instantly.
OffplanIndex is an independent index. We are not the developer, not the agent and not a party to any sale. Figures are developer-published asking prices as read on 2026-07-30, not transaction records. Back to the project index.