The Richmond Residences facade at Mira Coral Bay, stepped balconies rising above the palms on the approach road
Mira Coral Bay, Al Mairid, Ras Al Khaimah, UAE

Richmond Residences, Mira Coral Bay

The first collection released at Mira Coral Bay: 293 apartments delivered fully furnished, with interiors by the British fashion house John Richmond.

Starting Price
From AED 550,000
Status
Off-Plan
Handover
Q2 2029
Project Overview

Richmond Residences,
Mira Coral Bay

Richmond Residences, Mira Coral Bay is the first residential collection released within Mira Coral Bay, the multi-branded waterfront community in Al Mairid, Ras Al Khaimah, developed by Mira Developments in collaboration with the British fashion house John Richmond. The building holds 293 branded apartments across 16 layouts on nine residential levels above a ground floor, each home delivered fully furnished, with handover scheduled for Q2 2029.

Apartments at Richmond Residences run from studios of 40.07 m² / 431 ft² to three-bedroom duplexes of up to 333.23 m² / 3,587 ft², priced from AED 550,000 / USD 150,000. Studios and one-bedroom apartments account for 264 of the 293 homes, with two-bedroom apartments, two-bedroom duplexes, three-bedroom apartments and three-bedroom duplexes making up the balance.

Location
Mira Coral Bay, Al Mairid, Ras Al Khaimah, UAE
Developer
Mira Developments
Community
Mira Coral Bay
Property type
Branded apartments
Building
Residential building, G+9
Total units
293 apartments across 16 layouts
Number of bedrooms
Studio to 3, including duplexes
Area from
40.07 m² / 431 ft²
Ceiling height
Up to 3.4 m / 11 ft
Starting price
From AED 550,000 / USD 150,000
Payment plan
50/50, with 50% across three years after handover
Handover
Q2 2029
Status
Off-plan
A Richmond Residences bedroom with its walk-in dressing room and the John Richmond monogram on the wall
Branded Interiors

Interiors by John Richmond, the British Fashion House

John Richmond was established in London in the 1980s and built its name by setting music and street culture against couture, producing a style that reads as irreverent and luxurious at once. At Richmond Residences, Mira Coral Bay the house shapes the interiors of all 293 apartments: furniture, materials, décor and finishing textures follow the John Richmond design language rather than a general developer specification. For a buyer, that fixes the design identity of the home at the point of purchase and attaches the apartment to a named fashion house, which carries into how the unit is positioned on resale and against unbranded stock in the same district.

Turnkey Handover

Fully Furnished Handover with Italian-Made Furniture and Tableware

Every apartment at Richmond Residences, Mira Coral Bay is handed over fully furnished and equipped. The package covers Italian-made furniture, lighting, kitchen equipment, appliances, linens, tableware and premium finishing materials, so the home is ready to occupy on the day keys are issued. Owners skip the fit-out stage entirely, with furniture, kitchen and interior finishing already in place at completion.

The fitted kitchen and dining table of a Richmond Residences apartment at sunset
The waterfront elevation of Richmond Residences at Mira Coral Bay, its balconies stepping back above the pool deck
Architecture and Layouts

One Building, 293 Apartments Across 16 Layouts

Richmond Residences, Mira Coral Bay is a single G+9 residential building on the community waterfront. Ceilings reach up to 3.4 m / 11 ft, and layouts are drawn to carry daylight from the glazed facade through the depth of the apartment. Smart home technology and energy-efficient building systems are fitted as standard, alongside the construction materials and technical standards Mira Developments applies across its portfolio.

Within the Community

Richmond Residences Inside the Mira Coral Bay Master Plan

Richmond Residences stands on the waterfront inside Mira Coral Bay, the 220,000 m² / 2,368,058 ft² multi-branded community developed by Mira Developments together with Marjan. Owners in the building hold access to the community's private beaches, two branded beach clubs, yacht club, five-star hotels and resorts, waterfront dining, retail promenade, spa and wellness facilities, contemporary art gallery and car-free upper level.

Explore Mira Coral Bay
Mira Coral Bay from the air at dusk: villa clusters and apartment buildings around the bay, marina and beach clubs
Floor Plans

Floor Plans and Prices at Richmond Residences, Mira Coral Bay

Richmond Residences, Mira Coral Bay is built around six unit types across 16 distinct layouts, from single-level studios to three-bedroom duplexes. Sizes and starting prices per type are set out below.

Plan on request

Studio

Units
210
Layouts
1
Total area
40.07 to 45.32 m² / 431 to 488 ft²
Starting price
From AED 550,000 / USD 150,000
Plan on request

1-Bedroom Apartment

Units
54
Layouts
6
Total area
79.37 to 99.74 m² / 854 to 1,074 ft²
Starting price
From AED 1,100,000 / USD 300,000
Plan on request

2-Bedroom Apartment

Units
6
Layouts
1
Total area
131.07 m² / 1,411 ft²
Starting price
From AED 1,750,000 / USD 475,000
Plan on request

2-Bedroom Duplex

Units
12
Layouts
2
Total area
167.79 to 216.13 m² / 1,806 to 2,326 ft²
Starting price
From AED 2,500,000 / USD 680,000
Plan on request

3-Bedroom Apartment

Units
8
Layouts
3
Total area
167.76 to 244.10 m² / 1,806 to 2,627 ft²
Starting price
From AED 2,300,000 / USD 625,000
Plan on request

3-Bedroom Duplex

Units
3
Layouts
3
Total area
237.89 to 333.23 m² / 2,561 to 3,587 ft²
Starting price
From AED 3,500,000 / USD 950,000

Drawings for the 16 layouts at Richmond Residences, Mira Coral Bay are released on request. Leave your details and a licensed EVA Real Estate agent will send the plans for the unit types and price band you are considering.

A Richmond Residences living room at Mira Coral Bay at sunset, the bay and the shoreline beyond the glazing

Find Your Apartment at Richmond Residences, Mira Coral Bay

Request the current price list, availability by floor and the full payment schedule.

Amenities

Amenities at Richmond Residences, Mira Coral Bay

Richmond Residences, Mira Coral Bay carries its own amenity provision on top of the facilities shared across the wider community. The building opens through a double-height branded lobby with a concierge desk at ground level, alongside a residents' lounge, a café and a restaurant. Level 1 holds the swimming pool for residents, a kids' pool and separate gyms for men and women, both equipped by Technogym. Day-to-day service runs at hotel standard, covering concierge, butler, valet parking and housekeeping.

The residents' swimming pool at Richmond Residences, Mira Coral Bay, loungers along the water under a colonnade
Al Mairid, Ras Al Khaimah

Richmond Residences Location: Beach On Site, 10 Minutes to Downtown Ras Al Khaimah

Richmond Residences, Mira Coral Bay stands on the Al Mairid shoreline on the northern side of Ras Al Khaimah city, where the coast meets the Hajar mountain range inland. The beach is on site. Downtown Ras Al Khaimah lies 8 km away, a drive of roughly 10 minutes, which places the emirate's retail, schools and offices within easy reach of a low-density waterfront address. Al Marjan Island and Wynn Al Marjan Island sit 20 km down the coast, Al Hamra Golf Club 22 km, and Ras Al Khaimah International Airport 25 km to the south. Sharjah is 60 km away and Dubai 110 km.

Richmond Residences Mira Coral Bay, Al Mairid
  • The beach — 0 min
  • Downtown Ras Al Khaimah — 10 min
  • Al Marjan Island and Wynn Al Marjan Island — 20 min
  • Al Hamra Golf Club — 20 min
  • Ras Al Khaimah International Airport — 25 min
  • Sharjah — 1 hr
  • Dubai — 1 hr 30 min
  • The beach — 0 min
  • Downtown Ras Al Khaimah — 10 min
  • Al Marjan Island and Wynn Al Marjan Island — 20 min
  • Al Hamra Golf Club — 20 min
  • Ras Al Khaimah International Airport — 25 min
  • Sharjah — 1 hr
  • Dubai — 1 hr 30 min

Drive times are indicative and measured off-peak.

Getting Around

Al Mairid Connectivity: Two Airports and the Coastal Corridor

Richmond Residences, Mira Coral Bay sits in Al Mairid, a district linked to the rest of the United Arab Emirates by Ras Al Khaimah International Airport and the E11 highway running south along the coast. Ras Al Khaimah International Airport, 25 minutes from the building, carries direct routes across Europe, the CIS, India and the wider Gulf. Dubai International Airport works as a second gateway, 85 km from Ras Al Khaimah city and around 45 minutes by road. Sharjah is an hour from the district and Abu Dhabi 180 km, roughly 2 hours 15 minutes, which keeps the northern corridor of the country open to owners travelling in through either airport and to short-stay guests arriving for the coast.

Advantages

Richmond Residences Advantages: Warranty, Unit Mix and Hotel-Level Service

Mira Care Five-Year Warranty

Richmond Residences, Mira Coral Bay is covered by Mira Care, a maintenance warranty that runs for 5 years from handover. Coverage extends to core building systems and structural elements, MEP installations, lighting and paintwork, with loose furniture warrantied for 3 years and fixtures for the full term. Mira Developments was the first developer in the United Arab Emirates to apply a programme of this length as standard.

Compact-Format Weighting

Studios account for 210 of the 293 apartments at Richmond Residences, Mira Coral Bay, and one-bedroom apartments for a further 54, which holds the entry ticket at AED 550,000 / USD 150,000. The remaining 29 homes cover six two-bedroom apartments, 12 two-bedroom duplexes, eight three-bedroom apartments and three three-bedroom duplexes, sized from 131.07 m² / 1,411 ft² upwards.

Hotel-Level Service Inside the Building

Service at Richmond Residences, Mira Coral Bay runs to hotel standard: concierge, butler, valet parking and housekeeping, with in-residence dining, 24/7 security and property management available across the community. The branded lobby holds a concierge desk on the ground floor beside the residents' lounge, café and restaurant, so arrival and daily requests are handled the way they are in a five-star hotel.

Waterfront Frontage and On-Site Beach

Richmond Residences, Mira Coral Bay faces the water directly, with the beach on site rather than a drive away. Two branded beach clubs and the yacht club on the community waterfront extend that frontage into dining, lounges and boat access. The upper level of the master plan is car-free and parking sits below the podium, so movement between building, promenade and shoreline is on foot.

Elvira Sharshenalieva, Founder of EVA Real Estate, in a navy suit
Elvira Sharshenalieva
Founder, EVA Real Estate

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Payment Plan

Payment Plan and Handover at Richmond Residences, Mira Coral Bay

Richmond Residences, Mira Coral Bay is sold on a 50/50 payment plan: half the price falls due across construction, and half in instalments over the three years following handover in Q2 2029.

50% during construction

Percentage Stage Date
10% Down payment On booking
10% 2nd payment 1 month after booking
5% 3rd payment 6 months after booking
5% 4th payment 12 months after booking
5% 5th payment 18 months after booking
5% 6th payment 24 months after booking
5% 7th payment 30 months after booking
5% 8th payment On handover, Q2 2029

50% post-handover across three years

Percentage Date
5% 4 months after handover
5% 8 months after handover
5% 12 months after handover
5% 16 months after handover
10% 20 months after handover
5% 24 months after handover
5% 28 months after handover
5% 32 months after handover
5% 36 months after handover
Handover Q2 2029
Investment Appeal

Investment Appeal of Richmond Residences, Mira Coral Bay

32%
Capital appreciation

Ras Al Khaimah prime apartments rose 32% in 2025 to a record AED 2,428 per sq ft, still trading at a discount to Dubai.

3.5M
Visitor target by 2030

Ras Al Khaimah drew 1.35 million visitors in 2025 and targets 3.5 million a year by 2030, with hotel keys rising from 8,500 to 18,500.

2027
Wynn Al Marjan Island

The first casino licensed in the UAE, USD 5.7 billion and 1,530 keys, opens 20 minutes away in September 2027.

50%
Post-handover payment

Half the price is paid across the three years following handover in Q2 2029, once the furnished home can be occupied or let.

2M
Golden Visa

Purchases from AED 2 million may qualify the buyer for the UAE 10-year Golden Visa, subject to government requirements.

100%
Freehold ownership

Foreign buyers take title in perpetuity, with no property tax and no capital gains tax in the United Arab Emirates.

The Richmond Residences entrance colonnade at Mira Coral Bay, its glazed doors open to the gardens
About the Developer

Mira Developments

Mira Developments is known for delivering branded, fully furnished homes in collaboration with leading lifestyle names, including Bentley Home, ETRO Home, ELIE SAAB, Jacob & Co., Trussardi, John Richmond and Gianfranco Ferré Home.

Whether a high-rise residence or an ultra-luxurious villa in a gated community, each Mira Developments property is turnkey-ready. From designer interiors and premium household appliances to hotel-style services, every detail is thoughtfully considered.

2023
Founded
10
Global brand collaborations
FAQ

Questions,
answered

Richmond Residences, Mira Coral Bay is the first residential collection released within Mira Coral Bay in Al Mairid, Ras Al Khaimah, developed by Mira Developments in collaboration with the British fashion house John Richmond. It is a single G+9 building holding 293 fully furnished apartments across 16 layouts.

Richmond Residences, Mira Coral Bay sits on the Al Mairid waterfront in Ras Al Khaimah, United Arab Emirates. The beach is on site, Downtown Ras Al Khaimah is 8 km away at roughly 10 minutes by car, Ras Al Khaimah International Airport 25 km, and Dubai 110 km.

Richmond Residences, Mira Coral Bay holds 293 apartments across 16 layouts. Studios account for 210 units and one-bedroom apartments for 54. The larger formats comprise six two-bedroom apartments, 12 two-bedroom duplexes, eight three-bedroom apartments and three three-bedroom duplexes, ranging up to 333.23 m² / 3,587 ft².

Studios at Richmond Residences, Mira Coral Bay start from AED 550,000 / USD 150,000 and one-bedroom apartments from AED 1,100,000 / USD 300,000. Two-bedroom apartments begin at AED 1,750,000 / USD 475,000, three-bedroom apartments at AED 2,300,000 / USD 625,000, two-bedroom duplexes at AED 2,500,000 / USD 680,000 and three-bedroom duplexes at AED 3,500,000 / USD 950,000.

Richmond Residences, Mira Coral Bay is sold on a 50/50 payment plan. During construction, 10% falls due on booking, 10% one month later, then 5% at six, 12, 18, 24 and 30 months from booking, and 5% on handover. The remaining half is paid in instalments across the three years afterwards.

Handover at Richmond Residences, Mira Coral Bay is scheduled for Q2 2029. Each apartment is delivered fully furnished and equipped, ready to occupy from the day keys are issued, and the post-completion half of the payment plan then runs across the following three years.

Yes. Richmond Residences, Mira Coral Bay is branded by John Richmond, the London fashion house established in the 1980s. The house shapes the interiors of all 293 apartments, covering furniture, materials, décor and finishing textures, and the wider Mira Coral Bay community is planned around 14 global luxury brands.

Yes. Every apartment at Richmond Residences, Mira Coral Bay is handed over fully furnished. The package covers Italian-made furniture, lighting, kitchen equipment, appliances, linens, tableware and premium finishing materials, so no fit-out stage sits between completion and the point at which the home can be occupied.

Richmond Residences, Mira Coral Bay has a double-height branded lobby with a concierge desk, a swimming pool for residents, a kids' pool, separate gyms for men and women equipped by Technogym, a residents' lounge, a café and a restaurant. Owners also reach the private beaches, beach clubs, yacht club and hotels across the community.

Mira Care covers Richmond Residences, Mira Coral Bay for 5 years from handover: core building systems and structural elements, MEP installations, lighting and paintwork. Loose furniture is warrantied for 3 years and fixtures for the full term. Mira Developments was the first UAE developer to apply the programme as standard.

Yes. Richmond Residences, Mira Coral Bay sits inside a community developed with Marjan, the master developer of freehold property in Ras Al Khaimah, so overseas buyers take title in perpetuity, with no property tax and no capital gains tax. Purchases from AED 2 million may qualify for the UAE 10-year Golden Visa, subject to government requirements.

Mira Coral Bay is a 220,000 m² / 2,368,058 ft² multi-branded waterfront community in Al Mairid, Ras Al Khaimah, developed by Mira Developments in a joint venture with Marjan and planned around 14 global luxury brands. Richmond Residences is the first collection released within it.

About EVA Real Estate

Ten Years in the UAE Market

EVA Real Estate is a Dubai-based brokerage with more than ten years of experience in the UAE property market. The agency partners with over 12 leading developers, including Emaar Properties, Meraas, Dubai Properties, DAMAC, The Select Group and Sobha, and holds more than 30 exclusive listings across the UAE. EVA Real Estate has sold more than 3,700 properties, maintains a database of over 8,500 residential and commercial units and adds around 20 new listings every week. The agency's 150+ agents communicate in more than 30 languages.

10+
Years in the Market
3,700+
Properties Sold
150+
Agents
30+
Languages Spoken
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    Sales Awards Q3 2018 — EMAAR

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    Outstanding Contribution 2022 — EMAAR

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    8th Place, Golden Globe Channel Partner Awards 2022