In short
Elara Park is an off-plan apartment project in Al Marjan Island, Ras Al Khaimah by RAK Properties. Units start from AED 780,000 with a 60/40 payment plan and handover in Q2 2029.
Quick facts
- Developer
- RAK Properties
- Location
- Al Marjan Island, Ras Al Khaimah
- Property type
- Apartment
- Starting price
- AED 780,000
- Avg. price / sq ft
- AED 2,052
- Payment plan
- 60/40
- Handover
- Q2 2029
- Total units
- 219
- Service charge
- AED 15 / sq ft / year
- Ownership
- Freehold
- Project no.
- DEMO-P8211
Payment plan: 60/40
- 10% On booking
- 50% During construction
- 40% On handover
Unit types and prices
| Unit | Size (sq ft) | From |
|---|---|---|
| Studio | 380–520 | AED 780,000 |
| 1 Bedroom | 650–900 | AED 1,330,000 |
| 2 Bedroom | 1,050–1,400 | AED 2,150,000 |
| 3 Bedroom | 1,500–2,000 | AED 3,080,000 |
Prices last updated October 24, 2026. Subject to availability.
Overview
Elara Park brings new apartment homes by RAK Properties to Al Marjan Island, Ras Al Khaimah. Four man-made islands with beach resorts, branded residences and the integrated resort project nearby.
Why buy at Elara Park?
Buyers choose off-plan for staged payments, launch pricing and brand-new homes. Payments are made into a regulated escrow account and released to the developer as construction progresses.
What to check before you book
Compare the payment plan with your cash flow, confirm the service charge estimate, and read the sale and purchase agreement for handover and delay clauses.
Demo listing — fictional project for theme preview.
Amenities
- Jogging track
- Pet-friendly
- Private beach
- Sea view
- Smart home
- Spa
- Swimming pool
FAQ
Frequently asked questions
What is the starting price of Elara Park?
Units start from AED 780,000. Prices change with availability; ask for the latest price list.
What is the payment plan for Elara Park?
The payment plan is 60/40: 10% on booking, 50% during construction, 40% on handover.
When is the handover of Elara Park?
Handover is scheduled for Q2 2029, subject to construction progress.
Who is the developer of Elara Park?
Elara Park is developed by RAK Properties.
Where is Elara Park?
The project is located in Al Marjan Island, Ras Al Khaimah.