Ellington Properties and RAK Properties have appointed Nantong Construction Group Co. as the main contractor for Porto Playa, a luxury waterfront development on Hayat Island, valued at AED 310 million.

Part of the Mina masterplan in Ras Al Khaimah, the project will feature studios, apartments, townhouses, and villas with AI technology to enhance views of the Arabian Gulf and island landscapes.

Set for completion in Q4 2026, Porto Playa aims to set new standards for waterfront living through design excellence and innovation. RAK Properties CEO Sameh Al Muhtadi emphasized its role in shaping the emirate’s real estate landscape, while Joseph Thomas, Co-Founder of Ellington Properties, highlighted the commitment to superior craftsmanship.