Ras Al Khaimah, UAE

Mira Coral Bay — Richmond Residences. Beachfront homes from AED 550K.

RBS Corporation USA is an authorized sales partner for Mira Coral Bay — the world's first multi-branded waterfront community, developed by Mira Developments in partnership with Marjan, Ras Al Khaimah's master developer. Richmond Residences brings 293 fully furnished homes designed with British fashion house John Richmond, direct on the beach, with a 50/50 payment plan and 3 years interest-free post-handover.

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Aerial view of Mira Coral Bay branded residences and beach community

Mira Coral Bay — Mira Developments & Marjan, Ras Al Khaimah, UAE

Richmond Residences tower render, Mira Coral Bay

Richmond Residences — designed with John Richmond

Yacht club & waterfront promenade

Indoor wellness & spa pool

Living room ocean and marina view, Mira Coral Bay

Living room — ocean & marina views

Fully furnished bedroom, John Richmond design

Dining table with ocean view, Mira Coral Bay

Italian-made furniture, dining with sea views

Location

Ras Al Khaimah — close to everything, set apart from all of it.

Mira Coral Bay sits directly on the water, minutes from downtown Ras Al Khaimah and within easy reach of Al Marjan Island, Sharjah and Dubai.

Ras Al Khaimah location and distance map, Mira Coral Bay

Official location map — Mira Coral Bay, Ras Al Khaimah, UAE

8 km

Downtown Ras Al Khaimah — 10 min

20 km

Al Marjan Island & Wynn — 20 min

110 km

Dubai — 1 hr 30 min

Watch & Explore

This is your private beach at Mira Coral Bay.

Direct beachfront, fully furnished and branded residences with five-star hotel-style services — see the waterfront setting before you see the unit.

Mira Coral Bay — private beach, Ras Al Khaimah

Why Mira Coral Bay

The world's first multi-branded waterfront community.

Mira Coral Bay is developed by Mira Developments in partnership with Marjan, Ras Al Khaimah's master developer behind large-scale government-backed projects across the emirate. Its residential component, Richmond Residences, brings together 293 fully furnished homes designed with British fashion designer John Richmond — translating the bold aesthetic of the British fashion legend into a collection of studios, 1-, 2- and 3-bedroom apartments and duplexes, each finished with Italian-made furniture, designer lighting, kitchen equipment, appliances, linens and tableware. Residents enjoy sandy beaches, a kids' pool, concierge, a lobby café, separate gym spaces, valet parking and housekeeping, alongside a yacht club, swimming pools, five-star hotels, beach clubs, restaurants and cafés, retail, fitness and wellness, and landscaped promenades. Ras Al Khaimah is one of the fastest-growing destinations in the UAE, with 1.35 million visitors in 2025, a target of 3.5 million annually by 2030, and Wynn Al Marjan Island opening in 2027.

293

Fully furnished branded homes

50/50

Payment plan, 3 yrs post-handover

Q2 2029

Projected handover

Authorized sales partner: RBS Corporation USA is an authorized sales partner for Mira Coral Bay and Richmond Residences. We source inventory directly against the developer's release schedule, confirm live pricing and unit availability before you reserve, and manage the Expression of Interest process and paperwork end to end.

Availability

Richmond Residences — unit mix & starting prices

293 fully furnished homes across six configurations, from studios to 3-bedroom duplexes.

Type	Units	Size	Price (AED)	Price (USD)
Studio	210	431 sqft / 40.07 m²	AED 550,000	$150,000
1 Bedroom	54	854 sqft / 79.37 m²	AED 1,100,000	$300,000
2 Bedroom	6	1,411 sqft / 131.07 m²	AED 1,750,000	$475,000
2 Bedroom Duplex	12	1,806 sqft / 167.79 m²	AED 2,500,000	$680,000
3 Bedroom	8	1,806 sqft / 167.76 m²	AED 2,300,000	$625,000
3 Bedroom Duplex	3	2,560 sqft / 237.89 m²	AED 3,500,000	$950,000

Starting prices per the developer's factsheet; exact unit pricing depends on floor, view and finish. Prices, availability and payment plans are set by the developer and subject to change without notice. RBS will confirm current live pricing and available inventory on enquiry.

Payment Plan

A 50/50 plan — half during construction, half over 3 years post-handover, interest-free.

Eight milestones through projected handover in Q2 2029, followed by nine further interest-free installments over three years.

Milestone	Timing	Percentage
Down payment	On booking	10%
2nd installment	1 month from booking	10%
3rd installment	6 months from booking	5%
4th installment	12 months from booking	5%
5th installment	18 months from booking	5%
6th installment	24 months from booking	5%
7th installment	30 months from booking	5%
Handover	Q2 2029 (projected)	5%
50% total during construction — then 9 further post-handover installments over 3 years, interest-free (5% at 4, 8, 12 & 16 months; 10% at 20 months; 5% at 24, 28, 32 & 36 months)

Schedule set by Mira Developments and subject to contract; confirm current terms with RBS before reserving.

MIRA CARE — 5-Year Warranty: Mira Developments is the first developer in the UAE to apply a five-year maintenance warranty as standard, covering core building systems and structural elements, including MEP installations, lighting and paintwork — plus a 3-year warranty on loose furniture and a 5-year warranty on fixtures.

● Fully furnished by John Richmond

● Sandy beaches

● Kids' pool

● Concierge

● Lobby café

● Separate gym spaces

● Valet parking

● Housekeeping

5-star hotel-level services — Richmond Residences, Mira Coral Bay

Invest Now

Priority allocation is open now.

Direct beachfront position on Ras Al Khaimah's coastline
Fully furnished, turnkey-ready homes designed with John Richmond
50/50 payment plan, 3 years interest-free post-handover
MIRA CARE 5-year maintenance warranty as standard
Backed by Marjan, Ras Al Khaimah's master developer
Fully managed by Mira Developments

Terms are set by the developer, subject to contract and not guaranteed by RBS.

Expression of Interest

How RBS secures your priority allocation.

Submit an AED 55,000 EOI deposit for priority allocation
Complete the Expression of Interest form with a passport copy and KYC documents
RBS confirms your unit allocation and current live pricing before you sign

Start Your EOI With RBS

Investment Highlights

A branded beachfront asset in one of the UAE's fastest-growing markets.

Full foreign ownership — no nationality restriction
0% personal income tax in the UAE
1.35M visitors to Ras Al Khaimah in 2025, targeting 3.5M annually by 2030
18,500 hotel rooms targeted by 2030, up from 8,500 today
Wynn Al Marjan Island opens 2027, roughly 20 minutes away
50/50 payment plan available — ask RBS for the current schedule

UAE Golden Visa

3-bedroom and duplex units can qualify for a 10-year Golden Visa.

The UAE Golden Visa offers 10-year renewable residency for a real estate investment of AED 2,000,000 (≈US$545,000) or more, in one property or a combined portfolio, issued by the relevant Land Department. Mira Coral Bay's 3-Bedroom (AED 2.3M) and Duplex units (from AED 2.5M) can qualify on their own; studio, 1- and 2-Bedroom units can be combined with other holdings toward the threshold. See our full UAE / Dubai overview for details.

Source: Dubai Land Department. Golden Visa eligibility is set by UAE federal and local authorities, subject to change, and not guaranteed by RBS.

Ready to reserve a Mira Coral Bay unit?

RBS is an authorized sales partner for Mira Coral Bay. Share this page directly with a client, or speak with our team about current inventory, payment plans and Golden Visa eligibility.

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