Fully furnished branded homes in a waterfront community set on a semi-island, with a private beach planned with white sand from the Maldives, a yacht club, luxury hotels and hotel-style services.
Mira Coral Bay is a 220,000 sq m waterfront master community in Al Mairid, developed by Mira Developments in partnership with Marjan. The masterplan includes apartments, townhouses and villas, all fully furnished by luxury brands and supported by hotel-style services. The community brings together 14 brands, beach clubs, luxury hotels, restaurants, an art gallery and a yacht club. It is around 10 minutes from Downtown Ras Al Khaimah, while launch materials describe about 60,000 sq m of beach with white sand imported from the Maldives.
The community is planned around about 60,000 sq m of beach with direct sea access. White sand imported from the Maldives is intended to create a resort-style shoreline for residents and guests.
Mira Coral Bay brings together fully furnished apartments, townhouses and villas created with 14 luxury brands. Hotel-style services, beach clubs, luxury hotels, restaurants, a yacht club and an art gallery are planned within one master community.
These are just a few of the amenities available in this residence. To receive the full list of features and detailed information, please contact our agent — we will tailor the best option for your needs.
Private Beach
Yacht Club
Fine Dinning Restaurants
Beach Pool
Smart Fitnes
Wellness
Hotel Services
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About the Developer
Mira Developments is a relatively new premium real estate developer from the UAE. The company was established in 2023 and operates in Abu Dhabi, Sharjah and Ras Al Khaimah, in addition to Dubai. Mira Developments is strongly focused on design and innovation and has officially partnered with the famous Italian fashion brands, Trussardi and Gianfranco Ferrè.
5
Completed projects
2020
Year of foundation
Mira Coral Bay is developed by Mira Developments in partnership with Marjan, Ras Al Khaimah's master developer of freehold destinations. The masterplan was created by Marco Casamonti & Partners / Archea Associati.
Mira Coral Bay is located in Al Mairid on the Ras Al Khaimah waterfront. Downtown Ras Al Khaimah is around 10 minutes away, RAK International Airport around 30 minutes and Dubai International Airport around 1 hour 10 minutes.
The community includes studios and 1–3 bedroom apartments, townhouses and villas. Studio sizes are expected to start from approximately 420 sq ft, while final layouts and areas will be confirmed soon.
Indicative prices are expected to start from AED 580,000 for studios, AED 1.1M for 1-bedroom apartments, AED 1.5M for 2-bedroom apartments and AED 2M+ for 3-bedroom apartments. Townhouses and villas are expected from AED 3M. Final prices will be confirmed at launch.
The developer has not yet released the payment plan.
The handover date has not yet been announced.
The masterplan includes a private beach, marina, yacht club, branded beach clubs, luxury hotels, fine-dining venues, swimming pools, wellness spaces, landscaped walkways, an art gallery and hotel-style services.
Yes. Al Mairid is a designated freehold area, and the developer states that buyers of all nationalities can purchase property with full ownership rights.
Property buyers may qualify for UAE residency depending on the property value and current rules. Real estate worth AED 2M or more may qualify for Golden Residency. Buyers should confirm the latest requirements before applying.
Mira Coral Bay combines a waterfront location, fully furnished branded homes, resort infrastructure and an expected entry price from AED 580K. Ras Al Khaimah welcomed 1.35 million overnight visitors in 2025, while apartment rents rose nearly 25% year on year. Major projects such as Wynn Al Marjan Island and ongoing infrastructure investment support the wider emirate, although the project's exact ROI cannot be assessed until the payment plan, handover date and service charges are released.
Metropolitan Premium Properties is a RERA-licensed real estate brokerage in Dubai (ORN 11899), part of the Metropolitan Group established in 2008. The agency has 1,000+ professionals across offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, and covers residential and commercial sales, off-plan investments, rentals, and property management. The company has closed 6,000+ transactions totalling over AED 15 billion in investments and holds 120+ industry awards.
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