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Ras Al Khaimah, Al Mairid, United Arab Emirates (UAE)

Mira Coral Bay

Branded waterfront living in Ras Al Khaimah

Mira Coral Bay is a branded waterfront community in Al Mairid, Ras Al Khaimah, UAE, developed by Mira Developments in partnership with Marjan.
The master plan brings together apartments, villas, townhouses, hotels, waterfront dining and landscaped promenades. The developer describes a community with 14 lifestyle brands, more than 800 apartments and 101 villas.
Planned amenities include branded beach clubs, swimming pools, a yacht club, an art gallery and a car-free upper level. Residential homes are offered fully furnished.
Richmond Residences is a distinct component of Mira Coral Bay, with 293 homes including studios, one-, two- and three-bedroom apartments and duplexes. The Richmond presentation states a planned handover in Q1 2029 and a payment plan of 50% during construction and 50% over three years after handover. These terms apply to Richmond, not every phase of the wider community.
Contact REHOUSE to confirm current availability and contractual terms.
The unit types, apartment area range and category starting prices listed here refer to Richmond Residences. They are not a price ceiling or specifications for all phases, villas or townhouses within Mira Coral Bay. Prices and availability for a particular residence must be confirmed before reservation.

According to the broker presentation, Richmond occupies Plot 1 and comprises one G+9 residential building. Its own planned facilities include a double-height branded lobby with concierge desk, a residents’ pool on Level 1, separate men’s and women’s gyms equipped by Technogym, and a ground-floor residents’ lounge with café and restaurant. Concierge, butler, valet and housekeeping services are described by the developer; their scope and charges require contractual confirmation.

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Gallery
Mixed-use Development
Under Development
2029
Apartments, villas & townhouses
Furnished
Yes
40 - 238
MIRA DEVELOPMENTS
Al Mairid
12 557 675
14 %

Investment potential

Waterfront positioning, branded residences and resort-style amenities offer potential for owner occupation and rental use. Rental income and capital growth are not guaranteed.
Richmond payment schedule: 10% on booking; 10% one month after booking; 5% at 6, 12, 18, 24 and 28 months after booking; 5% on handover, planned for Q1 2029. Post-handover: 5% at 3 months, 5% at 6 months, then 4% every three months from month 9 through month 36. These terms apply to Richmond and require confirmation in the purchase agreement.

Amenities

Branded beach clubs
Swimming pools
Five-star hotels
Restaurants and cafés
Yacht club
Contemporary art gallery
Landscaped promenades
Car-free upper level
Spa (planned)
Fully furnished residences

MIRA DEVELOPMENTS

Crafting Branded Luxury Living Experiences

Founded in 2023, Mira Developments is a UAE-based developer specializing in fully furnished residences designed in collaboration with the world’s most iconic fashion and lifestyle brands. Every Mira property is created as a turnkey home, blending designer interiors, premium appliances, and hotel-style services, so residents can simply arrive with their luggage and settle into a lifestyle of effortless luxury.

A Vision of Branded Excellence

From high-rise residences in Dubai to alpine retreats in Switzerland, Mira Developments partners with leading global brands to deliver homes that embody both prestige and practicality. The company’s portfolio reflects a commitment to craftsmanship, design innovation, and hospitality-inspired living, redefining what it means to own a branded residence.

Flagship Projects:

  • Mira Villas by Bentley Home, Dubai.
    Exclusive lagoon-side villas, each with private pools and gyms, complemented by a five-star lounge, Technogym fitness center, and modern coworking spaces.
  • Trussardi Residences, Dubai.
    The world’s first branded residences by the Italian fashion house. Apartments feature private balcony pools, luxury finishes, and curated amenities.
  • POST Hotel & Residences by ELIE SAAB, Switzerland.
    Switzerland’s first branded hotel and residences, set within a restored 18th-century chalet in Andermatt. Fully furnished with ELIE SAAB Maison interiors, it offers a rare blend of heritage, alpine charm, and modern luxury.
  • John Richmond Residences & Townhouses.
    Distinctive developments across Dubai, Abu Dhabi, and Ras Al Khaimah, blending edgy contemporary design with Mira’s commitment to fully furnished luxury.
  • Mira Coral Bay, Ras Al Khaimah.
    The world’s first luxury waterfront community created in collaboration with 14 global fashion and lifestyle brands—featuring villas, apartments, beach clubs, and branded hospitality.
  • Gianfranco Ferré Residences, Ras Al Khaimah.
    Fully furnished seaside residences with resort-style amenities and uninterrupted views of the Arabian Gulf.

Beyond Development

Mira Developments is part of a vertically integrated group, including in-house construction, design, marketing, and furniture production arms, ensuring control over every stage of delivery. With this independence, Mira guarantees uncompromised quality, timely execution, and a cohesive brand experience across all its projects.

Mira Developments — redefining branded living by uniting global fashion with world-class real estate.

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Why
INVEST
Dubai, a captivating city, where all becomes possible – a place where imagination becomes reality. With its perpetual growth and opportunities, Dubai is one of the most enthralling cities in the world. The city continues to explore the unfathomable possibilities of the future. The confidence ... Read more

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Why invest

Dubai, a captivating city, where all becomes possible – a place where imagination becomes reality. With its perpetual growth and opportunities, Dubai is one of the most enthralling cities in the world. The city continues to explore the unfathomable possibilities of the future. The confidence in Dubai's business and economy, along with the diverse buyer base, has fueled demand for luxury homes.

Dubai presents residents and investors with numerous benefits compared to other countries. It stands out as one of the most enticing destinations for investment, particularly in real estate, given its status as the emerging global capital.

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