Mira Coral Bay in Al Mairid, Ras Al Khaimah

About The Project

Mira Coral Bay is a landmark multi-branded waterfront master community in Al Mairid, Ras Al Khaimah, developed by Mira Developments in partnership with Marjan. Spanning approximately 220,000 sq. m., the destination brings together 800+ apartments and 101 villas and townhouses, shaped by 14 global luxury lifestyle brands. The master community combines branded residences with five-star hotels and resorts, private beach access, branded beach clubs, a yacht club, fine dining, luxury retail, wellness and fitness facilities, landscaped promenades and a contemporary art gallery. Designed as a car-free pedestrian environment above the podium, Mira Coral Bay connects residential, hospitality and leisure spaces along the waterfront, creating an integrated destination where residents can experience branded living, resort-style amenities and coastal living within one community. Every residence is delivered fully furnished by its respective brand partner, with furniture, lighting, kitchen equipment, appliances, linens and tableware included, offering owners a move-in-ready home from handover.

A Waterfront Entry Point at AED 550,000

One of the strongest investment propositions at Mira Coral Bay is its low ticket size for a branded waterfront community. Investors can secure a studio from AED 550,000, with 50% payable during construction and the remaining 50% spread over three years after handover. This structure allows investors to enter the project with a more manageable capital commitment rather than requiring the full purchase amount upfront.

Waterfront Living as the Core Experience

The community is centered around its waterfront, with private beaches, branded beach clubs, swimming pools, waterfront dining and a yacht club forming part of the destination. Landscaped promenades connect the different spaces, creating a walkable coastal environment where residents can move between their homes, the beach, restaurants and leisure areas. This lifestyle-led setting adds a strong experiential element to the investment proposition.

Five-Star Services Beyond the Residence

Mira Coral Bay extends beyond residential real estate by incorporating five-star hotels and resorts, restaurants, cafés, wellness and fitness facilities, luxury retail and a contemporary art gallery. Residents can also benefit from services such as concierge, housekeeping, valet parking, in-residence dining, 24-hour security and property management. This hospitality-driven environment is designed to bring hotel-level convenience into everyday residential life.

Al Mairid, Ras Al Khaimah

Set on the Al Mairid waterfront in Ras Al Khaimah, Mira Coral Bay offers a combination of coastal tranquility and access to the emirate’s wider amenities. The location provides views toward the Arabian Gulf and surrounding mountains while remaining connected to major highways, Downtown Ras Al Khaimah, shopping, schools and healthcare facilities. With a starting price of AED 550,000, a 50/50 payment structure, an AED 55,000 EOI and limited availability, Mira Coral Bay gives investors an opportunity to consider branded waterfront ownership at a comparatively accessible ticket size.