- From AED 550,000*
- Indicative starting price
- 50 / 50
- Payment plan
- 3 years
- Post-handover payments
- Q1 2029
- Scheduled handover
*Indicative pricing and payment terms for Richmond Residences, subject to availability and change. Imagery is a computer-generated visualisation.
One waterfront, fourteen brands
Mira Coral Bay is being created by Mira Developments in a joint venture with Marjan on the Al Mairid shoreline. Branded homes sit alongside private beaches, five-star hospitality, dining, culture and a yacht club, between the Arabian Gulf and the Hajar Mountains.
- Waterfront masterplan
- 220,000m²
- Global luxury brands
- 14
- Branded apartments
- 800+
- Villas
- 101
Inspired by the natural form of coral
The architecture takes its cue from the forms and structures of coral. One masterplan by Archea Associati carries that language across every branded collection, so the community reads as a single place by the sea.
Brands named so far
- Dolce&Gabbana Casa
- Bentley Home
- ETRO Home
- Jacob & Co.
- Trussardi
- John Richmond
More brand partners are still to be revealed by the developer.
See Mira Coral Bay take shape
The community, the Richmond Residences interiors and the waterfront amenities, as visualised by the developer.
Image 1 of 7: Aerial view of the Mira Coral Bay marina, beaches and low-rise villas at golden hour
Images are developer visualisations and location photography, indicative only.
Richmond Residences by John Richmond
293 fully furnished waterfront homes shaped by British fashion designer John Richmond. Furniture, lighting, kitchen equipment, appliances, linens and tableware are included, so every home is ready from the day the keys are handed over.
- Residences
- 293
- Layouts
- 16
- Sizes
- 40.07 to 333.23 m² (431 to 3,587 sq ft)
- Payment plan
- 50 / 50, 3 years post-handover
- Handover
- Q1 2029
Starting prices marked with an asterisk are indicative.
Studio
From 40.07 m² / 431 sq ft
- Starting price
- AED 550,000* (USD 150K)
1 Bedroom
From 79.37 m² / 854 sq ft
- Starting price
- AED 1.1M* (USD 300K)
2 Bedroom
From 131.07 m² / 1,411 sq ft
- Starting price
- AED 1.75M* (USD 475K)
3 Bedroom
From 167.76 m² / 1,806 sq ft
- Starting price
- AED 2.3M* (USD 625K)
2 Bedroom Duplex
From 167.79 m² / 1,806 sq ft
- Starting price
- AED 2.5M* (USD 680K)
3 Bedroom Duplex
From 237.89 m² / 2,560 sq ft
- Starting price
- AED 3.5M* (USD 950K)
*Sizes and starting prices are indicative, published by the developer, and subject to availability and change. USD figures are the developer's approximations.
Five-star living by the water
Planned amenities as published by the developer. Final provision and access are confirmed in your contract.
Across the community
Branded beach clubs
Swimming, dining and relaxed days along the coast, each club with its own character.
Five-star hotels
Hotels, pools and attentive hospitality bring the ease of a luxury stay into daily life.
Restaurants and cafés
Waterfront dining through the day, from long lunches to dinners after sunset.
Car-free upper level
Cars and parking sit below the podium, leaving gardens, walkways and cycle routes free of traffic.
Branded yacht club
A social hub by the water for sailing, meeting and unwinding between journeys.
Contemporary art gallery
The underground parking level doubles as a gallery with rotating contemporary works.
For Richmond Residences owners
Lobby café
Morning coffee, informal meetings or a quiet hour with a book.
Fitness by Technogym
Separate gyms for men and women, steps from home.
Swimming pools
Pools for adults and a children's pool.
Private sandy beaches
A morning swim, an afternoon in the sun, a walk along the shore at sunset.
Hotel-level services at home
- Concierge
- Butler service
- Housekeeping
- Valet parking
- In-residence dining
- 24-hour security
- Property management
Where the sea meets the mountains
Mira Coral Bay sits directly on the Al Mairid shoreline, on the northern side of Ras Al Khaimah city. The Arabian Gulf shapes the setting, the Hajar Mountains rise inland, and the city, beaches, golf and resorts stay within easy reach.
Al Mairid, Ras Al Khaimah, United Arab Emirates
Open in Google Maps- 10 min
- Downtown Ras Al Khaimah
- 20 min
- Al Marjan Island and Wynn Al Marjan Island
- 20 min
- Al Hamra Golf Club
- 25 min
- Ras Al Khaimah International Airport
- 1 hr
- Sharjah
- 1 hr 30 min
- Dubai
Approximate drive times published by the developer. The map pin follows the developer's own project map and is approximate.
A 50 / 50 payment plan
45% during construction and 5% on handover, then the remaining 50% over three years after handover, scheduled for Q1 2029. Amounts show a worked example on the AED 550,000 Studio starting price.
Up to handover
50%- 10%Down payment on bookingAED 55,000
- 10%1 month after bookingAED 55,000
- 5%6 months after bookingAED 27,500
- 5%12 months after bookingAED 27,500
- 5%18 months after bookingAED 27,500
- 5%24 months after bookingAED 27,500
- 5%28 months after bookingAED 27,500
- 5%On handover, scheduled for Q1 2029AED 27,500
After handover
50%- 5%3 months after handoverAED 27,500
- 5%6 months after handoverAED 27,500
- 40%4% every 3 months, from 9 months after handoverAED 22,000 × 10
Indicative and subject to availability and change. Verify current details with the sales team. The schedule is published by the developer for Richmond Residences; the handover date is the developer's schedule, not a guarantee. Transfer fees are confirmed with your sales offer.
Why buyers look at Mira Coral Bay
Fully furnished branded homes on the Ras Al Khaimah waterfront, at a time the developer describes as one of strong growth for the emirate's tourism and prime residential markets.
- 01
Half paid after handover
45% is paid during construction and 5% on handover. The remaining 50% is spread over three years after completion, while you already hold the keys to a furnished home.
- 02
A destination on the rise
Ras Al Khaimah welcomed a record 1.35 million overnight visitors in 2025 and targets more than 3.5 million a year by 2030. Hotel capacity is set to double from 8,500 keys, and Wynn Al Marjan Island is scheduled to open in 2027.
- 03
Freehold and the Golden Visa
International buyers can own on a freehold basis with full title. Properties valued at AED 2 million or more may qualify for the UAE's ten-year Golden Visa, subject to government requirements. The UAE levies no annual property tax or capital gains tax on individual owners.
- 04
Five years of Mira Care
The developer's post-handover warranty covers fixtures, core building systems, structural elements, MEP installations, lighting and paintwork for five years, and loose furniture for three.
Tourism figures, warranty terms and scheduled openings are published by the developer and are not a forecast of returns. Golden Visa eligibility is decided by the UAE authorities. This is not investment, legal or tax advice.
About the developer
Mira Coral Bay is developed by Mira Developments in a joint venture with Marjan. Mira Developments is known for branded, fully furnished homes created with names such as Bentley Home, ETRO Home, ELIE SAAB, Jacob & Co., Trussardi, John Richmond and Gianfranco Ferré Home, each delivered turnkey with designer interiors, premium appliances and hotel-style services.
Portfolio across the UAE, Oman, Georgia and Switzerland
- Abu Dhabi Mira HillsAbu Dhabi
- Mira Ocean EstatesSalalah, Oman
- Mira VerdeTbilisi, Georgia
- POST Hotel & Residences by ELIE SAABAndermatt, Switzerland
- Trussardi ResidencesDubai
- Mira Villas designed by Bentley HomeDubai
- Richmond DistrictDubai
- Gianfranco Ferré ResidencesRas Al Khaimah
What to know before you enquire
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