Richmond Residences by Mira at Mira Coral Bay — Prices, Payment Plan & Units

Richmond Residences Key Highlights

• Starting Price: AED 550,000
• Types: Studio, 1, 2 & 3-Bedroom Apartments and 2 & 3-Bedroom Duplexes
• Sizes: 431 to 2,560 Sq.Ft
• Total Units: 293 fully furnished homes
• Down Payment: 10%
• Payment Plan: 50/50
• Handover Date: Q2 2029
• Ownership: Freehold
• Warranty: Mira Care 5-Year Maintenance Warranty

Richmond Residences at Mira Coral Bay Overview

Richmond Residences stands out as one of the finest off-plan projects in the UAE, translating the bold, tailored aesthetic of British fashion designer John Richmond into a collection of 293 fully furnished residences. Interiors are dressed in Italian furniture and the brand's signature design language, layered over contemporary architecture with clean lines and floor-to-ceiling glazing that frames sweeping views of the Arabian Gulf and the surrounding waterfront promenade of Mira Coral Bay. The building forms part of a wider 220,000 sqm master plan by Marco Casamonti & Partners / Archea Associati, giving each residence a resort-grade architectural setting rather than a standalone tower feel.

Life at Richmond Residences is built around a curated, hotel-inspired lifestyle. Residents move between a private lobby café, dedicated gym spaces, kids' pool, sandy beach access and landscaped walkways, all backed by concierge, valet parking and housekeeping — a rhythm suited to young professionals, downsizing couples and families who want a fully managed second home or holiday residence without sacrificing comfort or design pedigree.

Behind the project is Mira Developments, delivered in partnership with Marjan, the master developer responsible for large-scale waterfront destinations across Ras Al Khaimah. Mira Coral Bay itself is positioned as the world's first multi-branded waterfront community, bringing together 14 branded residences from names including Dolce&Gabbana Casa, Bentley Home, Etro Home, Jacob & Co. and Trussardi alongside Richmond Residences — a scale of brand concentration that supports long-term demand, occupancy and resale value across the wider community as Ras Al Khaimah's tourism and luxury real estate profile continues to grow.

Richmond Residences Unit Types & Pricing

Designed with meticulous attention to detail, Richmond Residences offers a diverse array of fully furnished living spaces, from compact studios suited to holiday-home buyers to spacious duplexes for full-time family living. Every layout is finished with John Richmond's signature interiors and maximizes natural light and waterfront views.

Apartments for Sale

• Studio: 431 Sq.Ft (40.07 m²) | Starting from AED 550,000 / USD 150K
• 1-Bedroom Apartment: 854 Sq.Ft (79.37 m²) | Starting from AED 1.1M / USD 300K
• 2-Bedroom Apartment: 1,411 Sq.Ft (131.07 m²) | Starting from AED 1.75M / USD 475K
• 3-Bedroom Apartment: 1,806 Sq.Ft (167.76 m²) | Starting from AED 2.3M / USD 625K

Luxury Duplexes

• 2-Bedroom Duplex: 1,806 Sq.Ft (167.79 m²) | Starting from AED 2.5M / USD 680K
• 3-Bedroom Duplex: 2,560 Sq.Ft (237.89 m²) | Starting from AED 3.5M / USD 950K

Strategic Location of Richmond Residences

Situated in Al Mairid, Richmond Residences enjoys a prime position in one of the best areas in the UAE, set directly within the Mira Coral Bay waterfront masterplan and close to Al Marjan Island's hotel and leisure strip, including the upcoming Wynn Al Marjan Island resort. The location offers a resort-like, low-density coastal setting while remaining connected to Ras Al Khaimah's main road network and, further afield, to Dubai via the E11 and E311 highways.

Nearby Landmarks & Drive Times

• 10 Minutes to Al Marjan Island & Wynn Al Marjan Island
• 20–30 Minutes to Ras Al Khaimah International Airport
• 35–45 Minutes to Sharjah International Airport
• 45 Minutes–1 Hour to Dubai International Airport (DXB)

World-Class Amenities at Richmond Residences

Richmond Residences is crafted to provide a resort-inspired lifestyle where design, wellness and hospitality-grade service take center stage. Every facility is curated to elevate daily living for residents of all ages, in line with Mira Coral Bay's broader waterfront amenity offering.

• Interiors Fully Furnished by John Richmond
• Private Sandy Beach Access
• Kids' Pool & Adult Swimming Pool
• Separate Gym Spaces & Fitness Suites
• Lobby Café
• Valet Parking
• 24/7 Concierge & Housekeeping
• Access to Mira Coral Bay's Yacht Club, Private Beaches & Waterfront Dining

Flexible Payment Plan for Richmond Residences

50/50 Payment Plan:

• 10% Down Payment: On Booking
• 10%: 1 Month After Booking
• 5%: 6 Months From Booking
• 5%: 12 Months From Booking
• 5%: 18 Months From Booking
• 5%: 24 Months From Booking
• 5%: 30 Months From Booking
• 5% On Handover: Q2 2029

Post-Handover Plan (3 Years):

• 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

Mira Care — 5-Year Warranty: Mira Developments is the first developer in the UAE to apply a five-year maintenance warranty as standard, covering core building systems and structural elements, MEP installations, lighting and paintwork, plus a 3-year warranty on loose furniture and 5-year warranty on fixtures.

Secure Your Unit in Richmond Residences Today

Don't miss the opportunity to own a branded waterfront residence in Richmond Residences, developed by Mira Developments, one of the best developers in the UAE. Whether you're seeking a fully furnished holiday home or a high-yield branded-residence investment, our property experts are here to guide you. Contact us today to receive the official brochure, detailed floor plans and VIP unit availability!