Question №1 — What is Mira Coral Bay and who is the developer?

Mira Coral Bay is the world's first multi-branded waterfront community, developed by Mira Developments in partnership with Marjan in Al Mairid, Ras Al Khaimah. The 220,000 m² master plan includes apartments, villas, townhouses, five-star hotels, branded beach clubs, a yacht club, fine dining, retail and other lifestyle amenities.

Question №2 — Where is Mira Coral Bay located?

Mira Coral Bay is located directly on the Al Mairid shoreline in Ras Al Khaimah, UAE. Downtown Ras Al Khaimah is approximately 10 minutes away, Ras Al Khaimah International Airport around 25 minutes away and Al Marjan Island around 30 minutes away.

Question №3 — What types of properties are available at Mira Coral Bay?

Mira Coral Bay comprises more than 800 apartments and 101 villas, with townhouses also forming part of the residential offering. Apartment options include studios and one-, two- and three-bedroom residences, including duplex layouts within Richmond Residences.

Question №4 — What are the starting prices at Mira Coral Bay?

Property prices at Mira Coral Bay currently start from AED 550,000 for a studio. One-bedroom apartments start from AED 1.1 million, with prices varying according to residence type, size and layout.

Question №5 — What is the Mira Coral Bay payment plan?

Payment terms are confirmed separately for each residential collection within Mira Coral Bay. Current payment plan information is available on request.

Question №6 — When is the handover date for Mira Coral Bay?

Mira Coral Bay is being released in phases, with handover dates confirmed for each residential collection individually. Current handover information is available on request.

Question №7 — Is Mira Coral Bay a branded residential community?

Yes. Mira Coral Bay is the world's first multi-branded waterfront community and brings together 14 international luxury brands within one master plan. Each residential collection is created and fully furnished by its respective brand partner.

Question №8 — Are the residences at Mira Coral Bay furnished?

Yes. Residences at Mira Coral Bay are delivered fully furnished by their respective brand partners, with furniture, materials and décor incorporated into the original interior concept.

Question №9 — What amenities are available at Mira Coral Bay?

Amenities include branded beach clubs, a yacht club, five-star hotels, fine dining restaurants, a luxury retail boulevard, a contemporary art gallery and a car-free upper level. Concierge, valet parking, housekeeping, in-residence dining and maintenance services are also available to residents.

Question №10 — Can foreign nationals buy property at Mira Coral Bay?

Yes. Foreign nationals can acquire freehold property at Mira Coral Bay. Property investments of AED 2 million or more may also qualify for the renewable 10-year UAE Golden Visa, subject to applicable eligibility requirements.

Question №11 — Who designed Mira Coral Bay?

The Mira Coral Bay master plan was designed by Marco Casamonti & Partners / Archea Associati, an Italian architecture studio with more than 200 completed works worldwide. The architecture draws inspiration from the natural forms and structures of coral.

Question №12 — Who is the developer behind Mira Coral Bay?

Mira Coral Bay is developed by Mira Developments in partnership with Marjan, the master developer of freehold property in Ras Al Khaimah. Mira Developments specialises in fully furnished branded residences created in collaboration with international fashion, design and lifestyle brands.

Mira Coral Bay by Mira Developments in Al Mairid, Ras Al Khaimah

Project Type

Multi-branded waterfront master-planned community

Unit Types

Studios, apartments, villas and townhouses

Area From

431 ft²

Developer

Mira Developments

Mira Coral Bay by Mira Developments — Waterfront Living in Ras Al Khaimah

Set along the Al Mairid shoreline, Mira Coral Bay brings residences, hospitality and leisure together within a 220,000 m² waterfront master plan. The community includes more than 800 apartments, 101 villas and townhouses alongside five-star hotels, branded beach clubs, a yacht club, fine dining, a luxury retail boulevard and a contemporary art gallery.

Fourteen international luxury brands shape the community, with each residential collection created and fully furnished by its respective brand partner. The result is a collection of distinct branded residences connected by the same waterfront setting and five-star approach to service.

Apartments, Townhouses and Villas

Mira Coral Bay offers a mix of fully furnished apartments, townhouses and villas across its waterfront master plan. The community comprises more than 800 apartments and 101 villas, with townhouses also forming part of the residential offering. Each collection has its own brand identity, interiors and residential character.

Fully Furnished Branded Residences

Every home is delivered fully furnished by its brand partner, with furniture, materials and décor considered as part of the original interior concept. Residences are designed to be complete from handover, ready for owners to move in, welcome guests or enter the rental market without a separate furnishing stage.

Private Beach and Waterfront Lifestyle

The sea is part of everyday life at Mira Coral Bay. Branded beach clubs and a yacht club bring leisure, dining and time by the water into the community, while landscaped promenades extend through its waterfront setting. The Arabian Gulf opens out in front of the community, with the Hajar mountains forming its inland backdrop.

Five-Star Hotels and Hotel-Style Services

Five-star hotels bring hospitality and dining into the community itself. Concierge, valet parking, housekeeping, in-residence dining and maintenance extend beyond the hotels and are available to residents across Mira Coral Bay.

Fourteen Luxury Brands, One Community

Mira Coral Bay brings together 14 international luxury brands within a single master plan. Mira Developments' collaborations include Bentley Home, ETRO Home, ELIE SAAB, Jacob & Co., Trussardi, John Richmond and Gianfranco Ferré Home, with individual brand partners shaping the interiors and identity of their respective residential collections.

Mira Coral Bay Location — Al Mairid, Ras Al Khaimah

Mira Coral Bay sits directly on the shoreline in Al Mairid, on the northern side of Ras Al Khaimah city. The setting combines open views across the Arabian Gulf with the Hajar mountains inland, while Downtown Ras Al Khaimah is approximately 10 minutes away for schools, healthcare, shopping and everyday services.

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Private beach

10 min

Downtown Ras Al Khaimah

25 min

Ras Al Khaimah International Airport

30 min

Al Marjan Island

The Mira Coral Bay Advantage

Tamara Getigezheva

Co-Founder

Amenities at Mira Coral Bay

Five-Star Hotels

Car-Free Upper Level

Property Types at Mira Coral Bay

Mira Coral Bay comprises more than 800 apartments alongside 101 villas and townhouses. Each residential collection is fully furnished by its brand partner and connected to the wider community’s hospitality, dining, retail and waterfront amenities.

The first apartment collection is Richmond Residences, Mira Coral Bay, with interiors by British fashion label John Richmond. It comprises 293 furnished residences ranging from studios to three-bedroom apartments and duplexes, with areas starting from 431 sq ft. Further branded residential collections, including villas and townhouses, will be introduced in subsequent phases.

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Handover — Q2 2029

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A Tourism Market Growing Towards 3.5 Million Visitors

Ras Al Khaimah welcomed a record 1.35 million overnight visitors in 2025 and is targeting more than 3.5 million annually by 2030. With airport capacity expanding and Wynn Al Marjan Island set to open in 2027, the emirate’s tourism infrastructure continues to grow alongside visitor numbers.

Freehold Ownership and the 10-Year Golden Visa

Foreign buyers can acquire freehold property at Mira Coral Bay, while property investments of AED 2 million or more may qualify for the renewable 10-year UAE Golden Visa, subject to eligibility requirements. The UAE also has no personal income or capital gains tax for individuals.

An A-Rated Emirate at an Early Stage of Growth

Ras Al Khaimah holds an A/A-1 sovereign rating from S& P Global, while residential values were up 5,4% year on year in Q2 2026. With continued investment in tourism, infrastructure and waterfront development, Al Mairid offers an opportunity to enter an emerging coastal district at an early stage of its growth.

Mira Coral Bay — Photo Gallery

Location Advantages of Mira Coral Bay

From the Arabian Gulf to Jebel Jais

Ras Al Khaimah brings the coast and mountains unusually close together. Its 64 km shoreline runs along the Arabian Gulf, while inland the Hajar mountains rise towards Jebel Jais, the highest peak in the UAE. From Mira Coral Bay, residents can move from a morning by the sea to mountain trails, restaurants and adventure experiences at Jebel Jais in around 50 minutes.

Heritage, Golf and Resort Destinations Nearby

Al Jazirah Al Hamra, one of the Gulf's best-preserved pre-oil settlements, is around 25 minutes away, while the emirate's pearling heritage can be explored at Suwaidi Pearls. Al Hamra Village offers an 18-hole championship golf course, marina and shopping mall, and Al Marjan Island — the centre of Ras Al Khaimah's expanding resort scene — is approximately 30 minutes from the community.

Connected to Ras Al Khaimah and Dubai

Downtown Ras Al Khaimah is approximately 10 minutes from Mira Coral Bay, providing convenient access to schools, healthcare, retail and business services. Ras Al Khaimah International Airport is around 25 minutes away, while Dubai International Airport can be reached in approximately 1 hour 15 minutes by road.

Buy Property in the UAE with Mira International

Founded in 2020 and headquartered in Dubai, Mira International is a luxury real-estate brokerage and investment advisory serving private and institutional clients, and maintaining long-standing partnerships with the UAE’s leading developers. The firm guides investors toward high-yield opportunities — from capital appreciation to long-term rental income — through services spanning acquisition, divestment, portfolio management, and rental operations.

USD 3 Bn

Property Sales

2,500+

Loyal Global Clients

250+

Brokers

60+

Industry Awards

50+

Trusted Developer Partnerships

2 Offices

Dubai · Abu Dhabi

Property selection

Paperwork support

Mortgage & bank accounts

Turnkey transactions

Renovation & furnishing

Rental & resale management

Business setup & relocation

Visa assistance

Trusted by Leading Developers in the UAE and Beyond

2020

Regalia Perfomance Award

2021

Annual broker award — 5th Place

2021

Q2 Broker Awards — 2nd Place

2021

The Black Onyx Award — Top performer

2021

Agents Awards

2022

Nakheel Diamond Club

2022

Broker Award — Top Sales Agency 6th place

2022

Top Sales Performance

2022

Top 1 broker in Q1 — 1st Place

2022

Channel Partner Award

2023

Top Performing Agency — 1st place

2023

Star Broker Award

2023

Top Achievement Award — Q1

2023

Broker Awards — Top 20

2024

Key Contributor

2024

The Black Onyx Award — Top performer

2024

Certificate for Dedication and Great Service

2024

Annual Brokers Award

2024

Key Contributor

2025

Most Trusted Brokerage

2025

Top Performing Agency — Q1

2025

Top Performing Agency — Q3

2026

Real Estate Company of the Year

Get the most profitable investment opportunities in the UAE — let’s talk

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. From high-rise residences to ultra-luxurious villas in gated communities, every Mira Developments property is delivered turnkey-ready. Designer interiors, premium household appliances and hotel-style services are considered as part of the complete residential experience.