Richmond Residences Mira Coral Bay

Richmond Residences

by Mira Development

Richmond Residences by Mira Developments is a collection of 293 fully furnished homes located within Mira Coral Bay in Al Mairid, Ras Al Khaimah. The project translates the British fashion designer John Richmond’s recognisable aesthetic into distinctive interiors, with studio,…

Starting Price AED 550K
Payment Plan 50/50
Handover 2029
Check Available Units

Project Overview

Richmond Residences by Mira Developments is a collection of 293 fully furnished homes located within Mira Coral Bay in Al Mairid, Ras Al Khaimah. The project translates the British fashion designer John Richmond’s recognisable aesthetic into distinctive interiors, with studio, 1, 2 and 3-bedroom apartments alongside 2 and 3-bedroom duplexes. Buyers can secure a residence with a 10% down payment.

Richmond Residences at Mira Coral Bay combines branded waterfront living with private beaches, a yacht club, swimming pools, restaurants and cafés, plus fitness and wellness facilities. Five-star hotel-level services, including concierge, valet parking and housekeeping, add day-to-day convenience, while the project’s distinctive positioning and resort-style setting support its potential for high capital appreciation.

Project Highlights

  • Waterfront Location – Set within Mira Coral Bay in Al Mairid, with direct access to a private beachfront setting.
  • John Richmond Signature – Distinctive interiors translate the British fashion designer’s recognisable aesthetic into fully furnished branded homes with individual character.
  • Extensive Amenities – Residents enjoy private beaches, swimming pools, beach clubs, dining, retail, fitness, wellness and family spaces.
  • Five-Star Services – Concierge, valet parking and housekeeping bring five-star hotel-level convenience into day-to-day living.
  • Mira Care Warranties – Coverage includes core building systems, structural elements and fixtures, alongside a three-year warranty on loose furniture.
  • Mira Developments – Developed by Mira Developments, which applies its five-year Mira Care maintenance warranty as standard for added buyer assurance.
  • 50/50 Payment Plan – A 50/50 structure allows 50% during construction and the remaining 50% across three post-handover years.
  • High Capital Appreciation Potential – Branded waterfront positioning, extensive hospitality amenities, and a fully furnished format strengthen the project’s capital appreciation potential.

Project Details

Starting Price AED 550,000
Payment Plan 50/50
Property Types Apartments, Duplex
Developer Mira Development
Handover 2029
Size Range 850 – 3,200 sq.ft
Bedrooms 1, 2, 3
Location Mira Coral Bay

Gallery

Amenities

Richmond Residences offers an exceptional array of world-class amenities designed to enhance every aspect of modern living.

  • Private Beaches
  • Yacht Club
  • Swimming Pools
  • Five-Star Hotels
  • Beach Clubs
  • Restaurants & Cafés
  • Retail
  • Fitness & Wellness
  • Landscaped Promenades
  • Family Spaces

Payment Plan

1
During Construction 50% of total price (AED 275,000)
2
On Handover 50% of total price (AED 275,000)

Explore Floorplans

Studio Apartments

Area 431 Sq. Ft.

1 Bedroom Apartments

Area 854 Sq. Ft.

2 Bedroom Apartments

Area 1,411 Sq. Ft.

2 Bedroom Duplexes

Area 1,806 Sq. Ft.

3 Bedroom Apartments

Area 1,806 Sq. Ft.

3 Bedroom Duplexes

Area 2,560 Sq. Ft.

Location & Connectivity

Location Map

John Richmond brand residences are located within Mira Coral Bay in Al Mairid, Ras Al Khaimah. Richmond Residences location offers residents a waterfront setting with convenient access to key destinations across the emirate and beyond.

  • 10 Minutes – Downtown Ras Al Khaimah
  • 20 Minutes – Al Marjan Island & Wynn
  • 20 Minutes – Al Hamra Golf Club
  • 25 Minutes – Ras Al Khaimah International Airport
  • 60 Minutes – Sharjah
  • 90 Minutes – Dubai

Investment Potential

This off-plan project presents strong investment potential across the UAE, with projected rental yields of 6–8%, long-term capital appreciation, and growing demand from both residents and international investors.

6–8% Projected Rental Yield
10–15% Potential Capital Appreciation
AED 2M+ Golden Visa Eligibility Potential

Market Context

  • UAE off-plan properties continue to attract strong local and international investor demand.
  • Selected communities may offer rental yields of around 6–8%, depending on location and unit type.
  • Buyers may benefit from 10–15% potential price growth by handover in high-demand areas.
  • Properties from AED 2 million may qualify for UAE Golden Visa eligibility, subject to regulations.

Flexible Financing Options

  • Low Down Payment
  • Developer Payment Plans
  • Post-Handover Plans
  • Mortgage Assistance
  • Interest-Free Installments
  • Resident & Non-Resident Financing

About the Developer

Mira Development

Founded in Dubai in 2023, Mira Developments is a luxury real estate developer specialising in branded, fully furnished residences and master-planned communities. The company combines international design partnerships with turnkey living, creating homes that integrate premium interiors, hotel-style services, and thoughtfully planned neighbourhoods. Its portfolio continues to expand across the…

View Developer Profile
Mira Development

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Frequently Asked Questions

Richmond Residences is a branded waterfront residential collection by Mira Developments featuring 293 fully furnished homes shaped by the signature aesthetic of British fashion designer John Richmond.

The Richmond Residences location is within Mira Coral Bay in Al Mairid, Ras Al Khaimah.

The Richmond Residences include studio, 1, 2 and 3-bedroom apartments, along with 2 and 3-bedroom duplexes. The Richmond Residences floor plans are available for better understanding.

Richmond Residences Ras Al Khaimah prices start from AED 550K.

The Richmond Residences payment plan follows a 50/50 structure, with 50% paid through handover and the remaining 50% payable over 36 months after handover.

Richmond Residences in Ras Al Khaimah will feature private beaches, swimming pools, a yacht club, beach clubs, hotels, restaurants, cafés, retail, fitness and wellness facilities.

Services at Richmond Residences at Al Mairid include concierge assistance, valet parking and professional housekeeping, bringing hotel-level convenience to everyday living.

Mira Care provides a five-year maintenance warranty covering core building systems, structural elements, MEP installations, lighting and paintwork. Fixtures carry a five-year warranty, while loose furniture is covered for three years.

Explore our available listings to compare Richmond Residences properties, then speak with our property experts for personalised guidance on availability and the purchase process.