

by Mira Developments · Mira Coral Bay, Ras Al Khaimah
Price
From AED 550K
Configurations
Studio, 1 Bedroom, 2 Bedroom, 3 Bedroom, 2 Bedroom duplex, 3 Bedroom duplex
Possession
Jun 2029
Developer
Mira Developments
Fully furnished John Richmond branded studios to 3-bedroom duplexes at Mira Coral Bay, Ras Al Khaimah, by Mira Developments. From AED 550K with a 50/50 payment plan, 3 years post-handover; handover Q2 2029.
- —293 fully furnished homes designed in the style of British fashion designer John Richmond
- —Studios from AED 550K, 1BR from AED 1.1M, 2BR from AED 1.75M
- —50/50 payment plan: 50% during construction, 50% over 3 years after handover
- —5-star hotel-level services: housekeeping, concierge, valet and in-residence dining
- —Private beaches, a yacht club and five-star hotels within Mira Coral Bay
- —Mira Care 5-year maintenance warranty as standard
Richmond Residences is the first residential phase of Mira Coral Bay, a waterfront community in Ras Al Khaimah developed by Mira Developments in partnership with Marjan, the emirate's master developer. The developer describes Mira Coral Bay as the world's first multi-branded waterfront community, set where Ras Al Khaimah's mountains meet the sea, bringing together branded residences, five-star hospitality, private beaches, a yacht club and waterfront amenities.
The building translates the bold aesthetic of British fashion designer John Richmond into 293 fully furnished homes: 210 studios, 54 one-bedroom and 6 two-bedroom apartments, 12 two-bedroom duplexes, 8 three-bedroom apartments and 3 three-bedroom duplexes. Each home comes with Italian-made furniture, lighting, kitchen equipment, appliances, linens and tableware, and residents have 5-star hotel-level services including housekeeping, concierge, valet, in-residence dining, 24/7 security and property management. The building offers a lobby café, separate gym spaces and a kids' pool.
Starting prices are AED 550K for a studio, AED 1.1M for one bedroom, AED 1.75M for two bedrooms, AED 2.3M for three bedrooms, AED 2.5M for a two-bedroom duplex and AED 3.5M for a three-bedroom duplex. The 50/50 payment plan spreads half the price over construction and the other half over three years after handover, which is scheduled for Q2 2029. Homes are covered by the Mira Care 5-year maintenance warranty.
Mira Coral Bay is 8 km (10 min) from Downtown Ras Al Khaimah, 20 km from Al Marjan Island and Wynn, 25 km from Ras Al Khaimah International Airport and 110 km (about 1 hr 30 min) from Dubai.
Prices, payment plan and handover date are as published by Mira Developments and may change. Images are computer renders; some show other buildings and brands within Mira Coral Bay.
At a glance
- Homes
- 293
- Handover
- Q2 2029
- Payment plan
- 50 / 50
- After handover
- 3 years to pay
- Interiors
- Fully furnished, John Richmond design
- Warranty
- Mira Care, 5 years
Configurations and pricing
| Type | Size | Details | Price |
|---|---|---|---|
| Studio | 431 sq ft | 210 homes · internal 351–463 sq ft · fully furnished | AED 550K |
| 1 Bedroom | 854 sq ft | 54 homes · internal 618–817 sq ft · fully furnished | AED 1.1M |
| 2 Bedroom | 1,411 sq ft | 6 homes · internal 990–1,085 sq ft · fully furnished | AED 1.75M |
| 3 Bedroom | 1,806 sq ft | 8 homes · fully furnished | AED 2.3M |
| 2 Bedroom duplex | 1,806 sq ft | 12 homes · fully furnished | AED 2.5M |
| 3 Bedroom duplex | 2,560 sq ft | 3 homes · fully furnished | AED 3.5M |
Payment plan
50 / 50 — 3 years to pay after handover
10%
Down payment on booking
10%
1 month after booking
25%
5% every 6 months, months 6 to 30
5%
On handover (Q2 2029)
50%
Over 3 years after handover, every 4 months
As published by Mira Developments: after handover, 5% at 4, 8, 12 and 16 months, 10% at 20 months, and 5% at 24, 28, 32 and 36 months. Sizes are as printed with the starting prices; internal areas are from the floor plans.
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We reply with current inventory, prices and the payment plan.
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Amenities
- Swimming pool
- Gymnasium
- 24×7 security
- Concierge
- Private beach
- Yacht club
- Kids’ pool
- Valet parking
- Housekeeping
- In-residence dining
- Lobby café
- Fully furnished
Around the project
- Downtown Ras Al Khaimah8 km / 10 min
- Al Marjan Island & Wynn20 km / 20 min
- Al Hamra Golf Club22 km / 20 min
- Ras Al Khaimah International Airport25 km / 25 min
- Sharjah60 km / 1 hr
- Dubai110 km / 1 hr 30 min
Questions buyers ask
Who is the developer of Richmond Residences?
Mira Developments. Mira Coral Bay is developed in partnership with Marjan, Ras Al Khaimah's master developer.
What is the payment plan?
50/50: 10% down payment, 10% one month after booking, 5% each at 6, 12, 18, 24 and 30 months from booking and 5% on handover; the remaining 50% is paid over 3 years after handover (5% at 4, 8, 12 and 16 months, 10% at 20 months, 5% at 24, 28, 32 and 36 months).
When is handover?
Handover is scheduled for Q2 2029.
Are the apartments furnished?
Yes. All 293 homes are fully furnished in John Richmond's design style, with Italian-made furniture, lighting, kitchen equipment, appliances, linens and tableware.
What are the starting prices?
Studio from AED 550K, 1 bedroom from AED 1.1M, 2 bedrooms from AED 1.75M, 3 bedrooms from AED 2.3M, 2-bedroom duplex from AED 2.5M and 3-bedroom duplex from AED 3.5M.
Is there a warranty?
Mira Care provides a 5-year maintenance warranty covering core building systems, structural elements, MEP installations, lighting and paintwork, with a 3-year warranty on loose furniture and 5 years on fixtures.
How far is Mira Coral Bay from Dubai?
About 110 km, around 1 hour 30 minutes by road. Ras Al Khaimah International Airport is 25 km (25 min) away.




