About the project

Richmond Residences at Mira Coral Bay is a waterfront collection developed by Mira Developments in Al Mairid, Ras Al Khaimah. The project comprises 293 fully furnished homes shaped by John Richmond’s signature design, including studio, 1, 2, and 3-bedroom apartments alongside 2 and 3-bedroom duplexes. The residences can be booked with a 10% down payment.

Richmond Residences by Mira Developments combines branded interiors with access to private beaches, a yacht club, swimming pools, restaurants and cafés, plus fitness and wellness facilities. Its waterfront setting, fully furnished format, hotel-level services and distinctive brand identity also strengthen its appeal for buyers seeking high capital appreciation potential.

Developer Name

Mira Developments

Building Type

Apartment, Studio, Duplex

Starting Price

AED 550K

Handover

2029

Payment Plan

50/50

location

Mira Coral Bay

Unique Selling Points

Richmond Residences at Mira Coral Bay by Mira Developments - Fashion-Led Waterfront Living

  • Waterfront Location - Set on the Al Mairid waterfront within Mira Coral Bay, combining coastal surroundings with access to a resort-style destination.
  • John Richmond Signature - John Richmond’s distinctive design language gives the 293 fully furnished residences a recognisable identity shaped by expressive interiors.
  • Resort-Style Amenities - Residents can access private beaches, swimming pools, a yacht club, five-star hotels, beach clubs, dining, retail and wellness facilities.
  • Five-Star Services - Concierge, valet parking and housekeeping bring five-star hotel-level convenience into day-to-day life across the fully furnished residences.
  • Mira Care Warranties - Mira Care provides five-year coverage for key building systems and fixtures, plus three years of coverage for loose furniture.
  • Mira Developments - Mira Developments combines branded residential concepts with furnished delivery, hospitality-style services and its standard Mira Care warranty programme.
  • Flexible Payment Structure - A 10% down payment begins a 50/50 structure, with half the purchase amount spread across three post-handover years.
  • High Capital Appreciation Potential - Branded waterfront positioning, a limited 293-home collection and resort-style surroundings create strong potential for high long-term capital appreciation.

Choose from our thoughtfully designed layouts

Explore Floorplans

Studio Apartments

Studio Apartments

AreaN/A
Starting PriceN/A
Ceiling HeightN/A
FlooringN/A
KitchenN/A
ParkingN/A

Location

Payment Plans

10%

Down Payment

35%

During Construction

5%

On Handover

50%

Post Handover (In 36 Months)

Mortgage Calculator

Mortgage Calculator

Home Price550000 AED
Down Payment (AED 55,000)10%
Loan Term (years)20 Years
Interest Rate (%)3.75%

Breakup of Total Payment

30%
70%
PrincipalAED 495,000
Interest PayableAED 209,351
Total Amount PayableAED 704,351

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Useful Information about Richmond Residences

The Richmond Residences location is within Mira Coral Bay in Al Mairid, Ras Al Khaimah, on a waterfront setting where the mountains meet the sea.
 

Richmond Residences at Al Mairid offers studio, 1, 2, and 3-bedroom apartments, together with 2 and 3-bedroom duplexes across 293 residences.
 

Richmond Residences in Ras Al Khaimah is developed by Mira Developments, with interiors shaped by British fashion designer John Richmond.
 

Yes. Each home is fully furnished, including furniture, lighting, kitchen equipment and appliances, with linens and tableware also included.
 

The Richmond Residences Ras Al Khaimah prices start from AED 550K.
 

The Richmond Residences payment plan follows a 50/50 structure, beginning with 10% down and extending the final 50% across three years after handover.
 

The Richmond Residences floor plan collection ranges from 431 sq. ft. studios to 2,560 sq. ft. 3-bedroom duplexes.
 

Residents have access to concierge, valet parking and housekeeping services. Mira Care includes five-year coverage for core systems and fixtures, alongside a three-year warranty on loose furniture.
 

You can explore the available Richmond Residences off-plan listings on the Provident Estate website and speak with our property experts for guidance on unit selection and the purchase process.