What is the asking price for this 1BR in Porto Playa?
The asking price is AED 1,700,000 for a 941 sq ft 1-bedroom apartment with sea and Nikki Beach Resort view. This works out to approximately AED 1,807 per square foot. The unit is semi-furnished.
1-Bedroom Apartment in Porto Playa by Ellington and RAK Properties, Hayat Island, Mina Al Arab, Sea and Nikki Beach View, Semi-Furnished
AED 1,700,000
| Deal type | Below Market |
| Price | AED 1,700,000 |
| Bedrooms | 1 |
| Bathrooms | 2 |
| Size | 941 sq.ft |
| Type | Apartment |
| Status | Off-Plan |
| Handover | Q4 2026 |
| Developer | Ellington Properties and RAK Properties |
| Area / Master development | Mina Al Arab |
| Sub-community / Phase | Porto Playa |
| Community | Hayat Island |
Property Overview
This 1-bedroom apartment in Porto Playa on Hayat Island, Mina Al Arab, is available at AED 1,700,000. The unit offers 941 sq ft with sea and Nikki Beach Resort view, semi-furnished. Porto Playa is a joint venture between RAK Properties and Ellington Properties. Handover is scheduled for Q4 2026.
Property Highlights
- Type: 1-bedroom, 2-bathroom apartment
- Size: 941 sq ft
- View: sea and Nikki Beach Resort
- Condition: semi-furnished
- Asking price: AED 1,700,000
- Rate: AED 1,807 per sq ft
- Handover: Q4 2026
- Parking: 1 covered space
- Status: off-plan (construction started April 2024)
- Ownership: freehold
What the Agent Describes as an Investor Deal
The agent characterizes this as an investor deal. No original purchase price has been disclosed, so the exact discount or markup from the developer price cannot be calculated.
Comparable Pricing Within Porto Playa
A comparable 1-bedroom unit of 970 sq ft in the same building was listed on Dubizzle in July 2026 at AED 1,850,000, with a disclosed original price of AED 1,709,000 (a markup of AED 141,000 or 8.3%). That listing's OP rate was AED 1,761 per square foot. The agent's unit at AED 1,807 per square foot is above the comparable OP rate.
A second comparable 1-bedroom of 944 sq ft was listed on Dubizzle in June 2026 at AED 1,700,000, described as a distress deal but without a disclosed OP. The agent's unit is essentially at the same price point for a similar size.
Without the seller's SPA, the investor deal characterization relies on the agent's assessment. The value proposition appears to rest on the sea and Nikki Beach view, semi-furnished status and approaching handover rather than a demonstrated discount from OP.
Mina Al Arab Market Context
Property Finder data shows an average price per square foot of AED 1,600 across Mina Al Arab. The agent's unit at AED 1,807 per square foot is above the area average, consistent with Porto Playa's positioning as a premium beachfront project by Ellington and RAK Properties. 1-bedroom apartments in Mina Al Arab range from approximately AED 810,000 to AED 1,618,000 across all buildings, with Porto Playa sitting at the upper end given its beachfront location and developer pedigree.
Sea and Nikki Beach Resort View
The agent highlights the sea and Nikki Beach view as a key feature. Nikki Beach Resort and Spa is an upcoming luxury hospitality project on Hayat Island within Mina Al Arab, being developed by RAK Properties. The globally recognized beach club and resort brand adds a premium lifestyle element to the surrounding residential community.
Porto Playa sits on Hayat Island alongside the planned Nikki Beach Resort, making units with views of the resort and the Arabian Gulf particularly sought after. Buyers should verify the exact view on site, as the resort is still under development and the final built form may evolve from current plans.
Semi-Furnished Unit
The agent describes the unit as semi-furnished. In new developments by premium developers like Ellington, this typically includes fitted kitchen appliances, built-in wardrobes, bathroom fixtures and lighting. The exact scope of furnishing should be confirmed with the seller. Porto Playa units include a laundry room and balcony as standard features.
About Porto Playa
Porto Playa is a beachfront residential development on Hayat Island within Mina Al Arab, Ras Al Khaimah. The project is a joint venture between RAK Properties and Ellington Properties, combining local master developer expertise with Ellington's design-led approach.
The building is a G+M+8-storey structure comprising 282 units:
- Studios (from 437 sq ft)
- 1-bedroom apartments (from 891 sq ft)
- 2-bedroom apartments (1,361 to 1,958 sq ft)
- 3-bedroom apartments (2,034 to 2,328 sq ft)
- 2-bedroom townhouses
- 3-bedroom villas
- 4-bedroom presidential suite (6,323 sq ft)
The project is sold out at the developer level. Construction started in April 2024 with handover scheduled for Q4 2026 (30 December 2026 per Property Finder). Starting prices were from AED 800,828.
Building amenities include:
- Private beach access
- Infinity edge pool, walk-in pool and pool deck
- Beach club with cabanas
- Fitness studio and yoga studio
- Outdoor cinema
- Mini golf and amphitheatre
- Beach volleyball
- BBQ areas
- Jogging and cycling tracks
- Landscaped gardens
- Indoor and outdoor kids play areas with water features
- Clubhouse and business centre
- Scenic viewing deck
- Smart home systems
- Covered parking
- 24/7 security
Location and Connectivity
Porto Playa is located on Hayat Island within the Mina Al Arab master community in Ras Al Khaimah. Mina Al Arab is a waterfront development by RAK Properties spanning over 40 million square feet along the Arabian Gulf coastline.
- Hayat Island Beach: 2 minutes by car
- Al Jazeera Al Hamra: approximately 6 minutes
- RAK Track: approximately 6 minutes
- Al Hamra Mall: approximately 8 minutes
- InterContinental Mina Al Arab: approximately 5 minutes
- Al Naeem Mall: approximately 7 minutes
- RAK International Airport: approximately 25 minutes
- Dubai International Airport: approximately 60 minutes
- Sheikh Muhammad Bin Salem Road (E11): nearby access
This is a Ras Al Khaimah property and is not subject to Dubai Land Department (DLD) fees. RAK has its own property transfer fee structure administered by the RAK land department.
Verification Notes
Unit-specific facts including 1-bedroom configuration, 941 sq ft BUA, sea and Nikki Beach view, semi-furnished status, asking price of AED 1,700,000 and Q4 2026 handover are sourced from the agent's brief received on 2 October 2026. The original purchase price was not disclosed, so the investor deal characterization cannot be verified against the seller's contract. A comparable 1BR of 970 sq ft in the same building had a disclosed OP of AED 1,709,000 (AED 1,761 per sq ft on Dubizzle), while the agent's 941 sq ft unit is priced at AED 1,807 per sq ft, above the comparable OP rate. A second comparable of 944 sq ft was listed at AED 1,700,000 (same price as agent's unit). Porto Playa was launched with starting prices from AED 800,828 and is sold out. The 941 sq ft BUA falls within the range of 1-bedroom layouts in Porto Playa (891 to 970 sq ft across sources). Unit number, exact floor and the scope of semi-furnishing were not stated. This is a RAK property, not subject to DLD. The Nikki Beach Resort is under development and the view should be verified on site.
Frequently asked questions
Why does the agent describe this as an investor deal?
The agent characterizes this as an investor deal. No original purchase price was disclosed, so the exact discount or markup from the developer price cannot be calculated. A comparable 1-bedroom unit of 970 sq ft in the same building was listed on Dubizzle at AED 1,850,000 (AED 1,907 per sq ft) with a disclosed OP of AED 1,709,000. The agent's unit at AED 1,807 per square foot sits between the comparable unit's OP rate (AED 1,761 per sq ft) and its resale asking rate (AED 1,907 per sq ft). Without the seller's SPA, the exact value proposition relative to OP cannot be verified. The key features are the sea and Nikki Beach view, semi-furnished status and approaching handover.
How does the price compare to other Porto Playa 1BR listings?
A comparable 1-bedroom unit of 970 sq ft in Porto Playa was listed on Dubizzle in July 2026 at AED 1,850,000, with a disclosed original price of AED 1,709,000 (an 8.3% markup). Another 1-bedroom of 944 sq ft was listed at AED 1,700,000 in June 2026, described as a distress deal but without a disclosed OP. The agent's unit at AED 1,700,000 for 941 sq ft is priced in line with the lower end of the resale range for Porto Playa 1-bedroom apartments. Mina Al Arab overall averages AED 1,600 per square foot according to Property Finder.
What is Porto Playa?
Porto Playa is a beachfront residential development on Hayat Island within Mina Al Arab, Ras Al Khaimah. It is a joint venture between RAK Properties and Ellington Properties. The building is a G+M+8-storey structure comprising 282 units including studios, 1-bedroom to 3-bedroom apartments, 2-bedroom townhouses, 3-bedroom villas and a 4-bedroom presidential suite. Unit sizes range from 437 to 6,323 sq ft. The project is sold out at the developer level, with resale properties available. Construction started in April 2024 with handover scheduled for Q4 2026. The development features private beach access, infinity pool, beach club, outdoor cinema, mini golf, amphitheatre and extensive landscaping.
What is the Nikki Beach Resort view?
The agent states the unit has a view of the sea and Nikki Beach. Nikki Beach Resort and Spa is an upcoming hospitality project on Hayat Island within Mina Al Arab, being developed by RAK Properties. It is a globally recognized luxury beach club and resort brand. Proximity to and views of the Nikki Beach Resort are considered premium positioning within the Mina Al Arab master community. Buyers should confirm the exact view from the specific unit, as the resort is still under development and the final built form may differ from current plans.
When is the handover?
The agent states handover in Q4 2026. Property Finder lists the expected completion date as 30 December 2026. Construction started in April 2024 and the project is being developed by both RAK Properties and Ellington Properties. Buyers should confirm the exact handover timeline and any conditions for key collection with the developers.
What does semi-furnished mean?
Semi-furnished typically means the unit includes major fixtures and some furniture items but not a complete furniture package. In new developments, this often includes fitted kitchen appliances, built-in wardrobes, bathroom fixtures and lighting, but may exclude loose furniture such as sofas, beds and dining tables. The exact items included should be confirmed with the seller and cross-referenced against the developer's handover specification.
What are the verification limitations for this listing?
The original purchase price was not disclosed by the agent, so the deal cannot be verified as below OP. The agent describes this as an investor deal, but this characterization relies on the agent's assessment. A comparable 1BR of 970 sq ft in the same building had a disclosed OP of AED 1,709,000 (AED 1,761 per sq ft), while the agent's 941 sq ft unit is priced at AED 1,807 per sq ft, which is above the comparable OP rate. Unit number, exact floor level and the scope of semi-furnishing were not stated. This is a Ras Al Khaimah property and is not subject to DLD fees (RAK has its own property transfer fee structure). The Nikki Beach Resort is still under development and the view should be verified on site. Payment plan details for the resale transfer were not provided.
Buyer costs
What you will pay
Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.
AED
| Sale price | — |
| DLD transfer fee | — |
| NOC fee | — |
| Trustee / registration | — |
| Agency fee | — |
| VAT on agency (5%) | — |
Total cost
—
Full payment schedule and unit details are released to qualified buyers on enquiry.
Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.
Finance
Mortgage estimate
Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.
AED
| Down payment | — |
| Loan amount | — |
| Total interest | — |
| Total repaid | — |
Monthly payment
—
Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.
Read our full property verification methodology →
Explore related property pages
Browse this listing by developer, location, property type and bedroom count.
Similar properties
Below OP1BR in Binghatti Skyrise, Business Bay at AED 1,600,000 - 15.3% Below OP, Canal and Pool View1 Beds762 sqftApartmentAED 1,600,000Save AED 290,000 (15.3%)View property
Below OP1-Bedroom Sea and Beach View Apartment at DAMAC Bay 2 by Cavalli, Dubai Harbour – 21.1% Below Original Price1 Beds779 sqftApartmentAED 2,585,000Save AED 693,080 (21.1%)View property
Below OP1-Bedroom Burj-View Apartment in Sobha Creek Vista Heights Tower A, AED 96,696 Below Original Price1 Beds610 sqftApartmentAED 1,200,000Save AED 96,696 (7.5%)View property
Below OP1BR in Bayline, Mina Rashid at AED 1,590,000 - 7.6% Below OP, Park and Pool View1 Beds814 sqftApartmentAED 1,590,000Save AED 130,000 (7.6%)View property
Below OP1BR in Sobha Creek Vista Heights Tower B, Sobha Hartland at AED 1,460,000 - 15.7% Below OP+DLD, Downtown View1 Beds853 sqftApartmentAED 1,460,000Save AED 271,976 (15.7%)View property
Below OP1BR in Sobha Seahaven Tower B, Dubai Harbour at AED 2,900,000 - 11.3% Below OP+DLD, Canal and City View1 Beds850 sqftApartmentAED 2,900,000Save AED 370,492 (11.3%)View property