Beach
Private beaches inside the community
Mira Coral Bay is built around a bay on the Arabian Gulf, with private beaches for residents only. Two beach clubs and swimming pools are there for your comfort.
Richmond Residences
Furnished beachfront apartments by John Richmond in Ras Al Khaimah, 20 minutes from Wynn, the UAE’s first casino resort.
AED 550KStarting price, studiosUSD 150K
50/50Payment plan10% down payment, handover Q2 2029
About Richmond Residences
293 furnished apartments on the Ras Al Khaimah coast
Richmond Residences brings the look of British fashion designer John Richmond to the shore of Mira Coral Bay, a waterfront community by Mira Developments. Pick a studio, an apartment with one to three bedrooms or a duplex, and move in with a suitcase: Italian-made furniture, appliances, linens and tableware are part of the price. The beach, two beach clubs and the yacht club are inside the community. Handover: Q2 2029.
- Private beaches
- Yacht club
- Two beach clubs
- Swimming pools
- 10 branded restaurants
- Cafés and shops
- Five-star hotel
- Art gallery
- Spa with indoor pool
- Gyms for men and women
- Resident lounge
- Concierge
- Valet parking
- Housekeeping
- 24/7 security
- Landscaped promenades
Amenities
A beach, a yacht club and hotel service at home
Marina
A yacht club in the middle of the bay
The yacht club stands on an island, with all the facilities it needs.
Restaurants and shops
10 restaurants, cafés and shops on site
The community plan holds 10 branded restaurants, cafés, shops, an art gallery and a five-star hotel. Richmond Residences has its own resident lounge with a café and a restaurant.
Wellness
Spa with an indoor pool
The spa has an indoor pool with loungers, a steam room and treatment rooms. The building also has a pool for residents on level 1.
Fitness
Separate gyms for men and women
The Richmond Residences building has two gyms, one for men and one for women, with the best Technogym equipment.
Service
Concierge and hotel-level services
A double-height lobby with a concierge. Housekeeping, valet parking, in-residence dining, 24/7 security and apartment management are available to residents.
Richmond Residences gallery
Tap a picture to enlarge it. The first two show Mira Coral Bay from the air, with the bay, the beaches and the yacht club. On the plan, Richmond Residences is marked in red.
Apartments and prices
Studios, apartments and duplexes
TypeFromAreaPrice per m² / ft²
- Type
- Studio
- Area
- 431 ft² / 40 m²
- Homes of this type
- 210
- Included
- Italian-made furniture, lighting, kitchen equipment, appliances, linens and tableware
- Type
- Apartment
- Area
- 854 ft² / 79 m²
- Homes of this type
- 54
- Included
- Italian-made furniture, lighting, kitchen equipment, appliances, linens and tableware
- Type
- Apartment
- Area
- 1,411 ft² / 131 m²
- Homes of this type
- 6
- Included
- Italian-made furniture, lighting, kitchen equipment, appliances, linens and tableware
- Type
- Apartment
- Area
- 1,806 ft² / 168 m²
- Homes of this type
- 8
- Included
- Italian-made furniture, lighting, kitchen equipment, appliances, linens and tableware
- Type
- Duplex
- Area
- 1,806 ft² / 168 m²
- Homes of this type
- 12
- Included
- Italian-made furniture, lighting, kitchen equipment, appliances, linens and tableware
- Type
- Duplex
- Area
- 2,560 ft² / 238 m²
- Homes of this type
- 3
- Included
- Italian-made furniture, lighting, kitchen equipment, appliances, linens and tableware
Location
Al Mairid, Ras Al Khaimah: 20 minutes from Wynn
Mira Coral Bay stands on the Arabian Gulf in Al Mairid, and the beach is on site. 20 minutes to Al Marjan Island and Wynn by car. 90 minutes to Dubai.
- 10 min — Downtown Ras Al Khaimah
- 20 min — Al Marjan Island and Wynn
- 20 min — Al Hamra Golf Club
- 25 min — Ras Al Khaimah International Airport
- 60 min — Sharjah
- 90 min — Dubai
0% payment plan at Richmond Residences*
A payment plan from the developer: half, 50%, before you get the keys, half over the three years after.
50/50 payment scheduleAll apartments
10%Down payment
40%During construction and on handover
50%Over 3 years after handover (Q2 2029)
Full schedule
- 10%Down payment
- 10%1 month after booking
- 5%6 months after booking
- 5%12 months after booking
- 5%18 months after booking
- 5%24 months after booking
- 5%30 months after booking
- 5%On handover · Q2 2029
- 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
Half of the price is paid after you get the keys.
*Your instalment dates are counted from your booking date. Ask us for the current schedule. Handover: Q2 2029.
The numbers
Ras Al Khaimah is growing fast
The emirate received 1,350,000 visitors in 2025 and targets 3,500,000 a year by 2030. A tourist boom is expected when the casino opens: that flow will push rental income up and, with it, the price per metre.
AED 1,839 / ft²Price per ft², prime apartments, a year earlier
+32%AED 2,428 / ft²Price per ft², prime apartments, 2025
Prime apartments in Ras Al Khaimah, 2025 against the year before. Past prices are not a promise of future ones.
Wynn opens in 2027, 20 minutes away
Wynn Al Marjan Island is the first casino resort in the UAE. It is a 20-minute drive from Mira Coral Bay.
10-year Golden Visa
A property purchase of AED 2M or more lets the owner apply for the 10-year UAE Golden Visa, for the spouse and children too. At Richmond Residences the three-bedroom apartments and the duplexes start above that level.
0% property and income tax
The UAE has no tax on owning property, on rental income or on the gain from a resale. What the property earns stays with the owner.
50% paid over 3 years after handover
Half of the price is paid in instalments over 3 years after you get the keys, straight to the developer.
Get Richmond Residences prices and availability
Questions about Richmond Residences
Where is Richmond Residences?
Richmond Residences is in Mira Coral Bay, a waterfront community in Al Mairid, Ras Al Khaimah, UAE, on the Arabian Gulf shore. By car:
- Downtown Ras Al Khaimah: 10 minutes
- Al Marjan Island and Wynn: 20 minutes
- Ras Al Khaimah International Airport: 25 minutes
- Dubai: 90 minutes
How much does an apartment in Richmond Residences cost?
Starting prices:
- Studio: AED 550K (USD 150K)
- 1-bedroom apartment: AED 1.1M (USD 300K)
- 2-bedroom apartment: AED 1.75M (USD 477K)
- 3-bedroom apartment: AED 2.3M (USD 626K)
- 2-bedroom duplex: AED 2.5M (USD 681K)
- 3-bedroom duplex: AED 3.5M (USD 953K)
Ask us for the apartments still available and their prices.
What is the payment plan?
50/50, paid straight to the developer:
- 10% when you book
- 10% a month later
- 5% every six months while the building goes up
- 5% when you get the keys, Q2 2029
- 50% in instalments over the 3 years after that
When is the handover of Richmond Residences?
Handover is planned for the second quarter of 2029. Half of the price is paid by then, and the other half over three years after it.
Are the apartments furnished?
Yes. Every apartment is sold furnished: Italian-made furniture, lighting, kitchen equipment, appliances, linens and tableware are already in place. The interiors follow the style of British fashion designer John Richmond.
What sizes are the apartments?
Sizes start from:
- Studio: 40 m² (431 ft²)
- 1-bedroom apartment: 79 m² (854 ft²)
- 2-bedroom apartment: 131 m² (1,411 ft²)
- 3-bedroom apartment: 168 m² (1,806 ft²)
- 2-bedroom duplex: 168 m² (1,806 ft²)
- 3-bedroom duplex: 238 m² (2,560 ft²)
Who is the developer of Richmond Residences?
Mira Developments. It is building Mira Coral Bay together with Marjan, the master developer of Ras Al Khaimah, which runs the emirate’s large government-backed projects.
How far is Richmond Residences from Wynn Al Marjan Island?
About 20 minutes by car. Wynn Al Marjan Island, the first casino resort in the UAE, is planned to open in 2027.
What amenities does Mira Coral Bay have?
Private beaches, a yacht club, two beach clubs, swimming pools, 10 branded restaurants, cafés, shops, an art gallery and a five-star hotel. Richmond Residences itself has a spa with an indoor pool, separate gyms for men and women, a resident lounge with a café and a restaurant, a concierge, valet parking and 24/7 security.
What warranty comes with an apartment?
Every apartment comes with a 5-year maintenance warranty from the developer. Fixtures are covered for 5 years and furniture for 3 years.
Can foreigners buy in Richmond Residences, and does it qualify for a Golden Visa?
Yes. Richmond Residences is freehold, and buyers of any nationality own their apartment outright. On top of the price the buyer pays a registration fee of 2%. A purchase of AED 2M or more lets the owner apply for the 10-year Golden Visa.