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Richmond Residences brings the distinctive design language of British fashion designer John Richmond to the waterfront of Ras Al Khaimah. Set within Mira Coral Bay, the world's first multi-branded waterfront community, the project comprises 293 fully furnished residences, from studios to three-bedroom apartments and duplexes. Every residence is delivered fully furnished, with interiors and furnishings conceived as part of the John Richmond design concept. Residents also have access to private amenities within the project and the beaches, hospitality, dining and leisure of the wider Mira Coral Bay community.
Richmond Residences is located on the Al Mairid shoreline in Ras Al Khaimah, within the waterfront setting of Mira Coral Bay. The address combines life by the Arabian Gulf with easy access to the city, Al Marjan Island, golf, the international airport and the wider attractions of the emirate.
Downtown Ras Al Khaimah
Al Marjan Island and Wynn, Al Hamra Golf Club
Ras Al Khaimah International Airport
Dubai
Richmond Residences forms part of Mira Coral Bay, the world's first multi-branded waterfront community, created by Mira Developments in a joint venture with Marjan. Set across 220,000 m² on the Al Mairid shoreline, the community brings residences by 14 global brands together with beaches, hospitality, dining, wellness and leisure in one waterfront destination.
Private sandy beaches, branded beach clubs, swimming pools and a yacht club put the Arabian Gulf at the centre of life at Mira Coral Bay. Waterfront restaurants and landscaped promenades extend along the coast, giving Richmond Residences owners places to swim, dine, walk and spend time by the water within the community.
Five-star hotels and resorts sit alongside restaurants and cafés, luxury retail, fitness and wellness facilities and a contemporary art gallery. Together, they create a wider destination around Richmond Residences, with much of what residents need for leisure, dining and wellbeing available close to home.
Cars and parking are kept below the podium, leaving the upper level of Mira Coral Bay free from traffic. Gardens, shaded walkways, cycling routes and landscaped promenades connect Richmond Residences with the beaches, restaurants, boutiques and leisure spaces across the community.
Life at Richmond Residences comes with the ease of five-star hospitality at home. Concierge, butler service, housekeeping, valet parking and in-residence dining are available to residents, alongside 24-hour security and property management.
Richmond Residences, Mira Coral Bay offers a 50/50 payment plan, with 45% payable during construction, 5% at handover and the remaining 50% spread across three years after handover.
|
Down payment |
10% |
On booking |
|
2nd payment |
10% |
1 month after booking |
|
3rd payment |
5% |
6 months after booking |
|
4th payment |
5% |
12 months after booking |
|
5th payment |
5% |
18 months after booking |
|
6th payment |
5% |
24 months after booking |
|
7th payment |
5% |
30 months after booking |
|
Handover |
5% |
|
|
Post-handover |
5% |
Every 4 months for 3 years* |
*The payment due 20 months after handover is 10%. All other post-handover instalments are 5%, with the final payment due 36 months after handover.
Richmond Residences combines 50/50 payment plan, freehold ownership for international buyers and fully furnished branded homes in Ras Al Khaimah. Half of the purchase price is paid after handover, while the emirate's growing tourism market and the five-year Mira Care warranty add to the project's investment appeal.
Buyers pay 45% of the purchase price during construction and a further 5% at handover in Q2 2029. The remaining 50% is spread across three years after completion, allowing owners to take possession of a fully furnished residence while continuing with scheduled post-handover instalments.
Ras Al Khaimah welcomed a record 1.35 million overnight visitors in 2025 and is targeting more than 3.5 million annually by 2030. Wynn Al Marjan Island, scheduled to open in September 2027, is expected to further strengthen the emirate's position as an international tourism and leisure destination.
Every residence is covered by Mira Care, Mira Developments' post-handover warranty programme. Coverage includes core building systems and structural elements, MEP installations, lighting and paintwork, with a three-year warranty on loose furniture and a five-year warranty on fixtures.
Leave your details to receive current availability, floor plans and prices for Richmond Residences, Mira Coral Bay.
Sales Manager, Mira Developments
Richmond Residences is a waterfront residential project by Mira Developments within Mira Coral Bay in Ras Al Khaimah. The project comprises 293 fully furnished studios, one-, two- and three-bedroom apartments and duplexes, with interiors by British fashion designer John Richmond.
Richmond Residences is located on the Al Mairid shoreline in Ras Al Khaimah, UAE, within the Mira Coral Bay waterfront community. Downtown Ras Al Khaimah is around 10 minutes away by car, Al Marjan Island and Al Hamra Golf Club around 20 minutes, Ras Al Khaimah International Airport 25 minutes, and Dubai approximately 1 hour and 30 minutes away.
Richmond Residences offers studios, one-, two- and three-bedroom apartments, as well as two- and three-bedroom duplexes. The project comprises 293 residences across 16 layouts, with sizes ranging from 40.07 m² / 431 ft² to 333.23 m² / 3,587 ft².
Richmond Residences offers a 50/50 payment plan. Buyers pay 45% of the purchase price in instalments during construction and 5% at handover. The remaining 50% is spread across three years after handover, with the final payment due 36 months after completion.
Yes. Every residence is delivered fully furnished, with furniture, lighting, kitchen equipment, appliances, linens and tableware included. The interiors and furnishings are created as part of the John Richmond design concept, so no separate furnishing stage is required after handover.
Residents have access to private amenities including separate gym spaces, a children's pool and a lobby café, alongside concierge, butler service, housekeeping, valet parking and in-residence dining. The wider Mira Coral Bay community adds private beaches, branded beach clubs, swimming pools, a yacht club, waterfront dining, wellness facilities and five-star hospitality.
Yes. International buyers can purchase property at Richmond Residences on a freehold basis with full title. Properties valued at AED 2 million or more may qualify for the UAE's ten-year Golden Visa, subject to applicable government requirements.
Every residence is covered by Mira Care, Mira Developments' post-handover warranty programme. Coverage includes core building systems and structural elements, MEP installations, lighting and paintwork, with a three-year warranty on loose furniture and a five-year warranty on fixtures.
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