Apartments, Duplex · Mira Coral Bay
Richmond Residences
by Mira Development · Mira Coral Bay
- Family Friendly
- Gated Community
- Private Pool
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,…
Listed 19 Aug 2026 · updated 25 Aug 2026
Off-planSource: developer listing, last verified .
DLD verification pendingOverview
About Richmond Residences
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.
Highlights
Why buyers look at this project
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.
Details
Project details
- Starting Price
- AED 550,000
- Payment Plan
- 50/50
- Property Types
- Apartments, Duplex
- Developer
- Mira Development
- Handover
- 2029
- Bedrooms
- 1, 2, 3
- Location
- Mira Coral Bay
- Status
- Off-plan
Gallery
Renders and views
Developer renders and photos as published. Drag or swipe for more.
Amenities
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
How the price is paid
50/50
How 50/50 plans workStep 1
During Construction
50%
≈ AED 275,000 on the starting price
Step 2
On Handover
50%
≈ AED 275,000 on the starting price
Post-handover payment plans may be available. Contact our specialists for customized financing options.
Amounts are indicative, calculated on the published starting price. The 4% DLD registration fee and admin fees are extra.
Unit types
Units and floor plans
Floor plans are sent on request, with current availability and the exact price list.
Studio Apartments
- Area
- 431 Sq. Ft.
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1 Bedroom Apartments
- Area
- 854 Sq. Ft.
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2 Bedroom Apartments
- Area
- 1,411 Sq. Ft.
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2 Bedroom Duplexes
- Area
- 1,806 Sq. Ft.
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3 Bedroom Apartments
- Area
- 1,806 Sq. Ft.
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3 Bedroom Duplexes
- Area
- 2,560 Sq. Ft.
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Location
Mira Coral Bay and connectivity
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.
Drive times
- Downtown Ras Al Khaimah10 min
- Al Marjan Island & Wynn20 min
- Al Hamra Golf Club20 min
- Ras Al Khaimah International Airport25 min
- Sharjah60 min
- Dubai90 min
Drive times as published by the developer, off-peak.
Investment
Investment outlook
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.
- Projected Rental Yield
- 6–8%
- Potential Capital Appreciation
- 10–15%
- Golden Visa Eligibility Potential
- AED 2M+
- 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.
General Dubai market context as published in the developer’s marketing, not a project-specific forecast. Yields depend on the unit, the purchase price and the rent achieved.
Financing
Financing options
- Low Down Payment
- Developer Payment Plans
- Post-Handover Plans
- Mortgage Assistance
- Interest-Free Installments
- Resident & Non-Resident Financing
Developer plans are interest-free by design; bank mortgages for off-plan are usually available from a set construction stage. Our experts can introduce mortgage advisors for residents and non-residents.
About the developer
Mira Development
3 projects listed
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…
All projects by Mira DevelopmentFAQ
Questions buyers ask
What is Richmond Residences?
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.
Where is Richmond Residences located?
The Richmond Residences location is within Mira Coral Bay in Al Mairid, Ras Al Khaimah.
What property types are available at Richmond Residences?
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.
What is the starting price at Richmond Residences?
Richmond Residences Ras Al Khaimah prices start from AED 550K.
What is the payment structure for Richmond Residences?
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.
What amenities are available to residents?
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.
What services are provided at the development?
Services at Richmond Residences at Al Mairid include concierge assistance, valet parking and professional housekeeping, bringing hotel-level convenience to everyday living.
What warranties are included with Richmond Residences?
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.
How can I invest in Richmond Residences for sale?
Explore our available listings to compare Richmond Residences properties, then speak with our property experts for personalised guidance on availability and the purchase process.
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Enquire
Ask about Richmond Residences
Brochure, floor plans, current availability and the exact price list, sent by a real estate expert who answers. Starting price AED 550,000, 50/50 plan, handover 2029.
AED 550K
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