Mira Coral Bay is a waterfront master community at Al Mairid, Ras Al Khaimah, developed by Mira Developments in partnership with Marjan, the emirate's government-backed master developer. Mira describes it as the world's first multi-branded waterfront community: 14 global luxury lifestyle brands shape the residential concepts across the masterplan, which holds more than 800 apartments and 101 villas alongside five-star hotels, branded beach clubs, a yacht club and fine dining. The upper level is car-free, the underground parking doubles as a contemporary art gallery, and every home is delivered fully furnished. The first release is Richmond Residences, 293 homes by British fashion designer John Richmond.
Mira Coral Bay is a waterfront master community on the Al Mairid shore of Ras Al Khaimah, developed by Mira Developments in partnership with Marjan, the emirate’s government-backed master developer. It brings branded apartments, villas and townhouses together with five-star hotels, fine dining and a yacht club inside one destination, and the developer calls it the world’s first multi-branded waterfront community.
The number that defines it is fourteen. Fourteen global luxury lifestyle brands shape the residential concepts across the masterplan, rather than one brand across the whole thing. That is the structural difference from every other branded waterfront in the region, where a single house lends its name to a single tower. Here the brand changes as you move through the community.
What is being built
Mira publishes the scale plainly: 14 luxury brands, more than 800 apartments and 101 villas. The first residential release is Richmond Residences, a collection of 293 fully furnished homes shaped by the British fashion designer John Richmond.
Three things that are genuinely unusual
The upper level is car-free. Vehicles are held below and the upper level is given over to landscaped promenades, walking and cycling. In a region where a beachfront community usually means a road between the homes and the sand, that is a real design decision rather than a marketing line.
The car park is an art gallery. The underground parking level doubles as a contemporary gallery with rotating works. Whether that lasts is a question for the operator, but it is an unusual thing to design in.
Everything is delivered furnished. Across the community, homes hand over complete with Italian-made furniture, lighting, kitchen equipment, appliances, linens and tableware. For a second home or a short-let unit that removes the fit-out cost and the fit-out delay, which on a resort address is most of the gap between handover and first income.
The amenity layer
Branded beach clubs, five-star hotels with pools and hospitality services, a branded yacht club on the Gulf shoreline, fine-dining restaurants and cafes along the water, and the landscaped promenades of the car-free level. The hotels matter to an investor more than the restaurants do: a working five-star operation on site is what makes a short-let strategy viable, because it brings the service standard, the housekeeping and the arrival experience that a residential building on its own cannot.
The address
Al Mairid is mainland coast, not reclaimed island: the Hajar mountains rise behind it and the Gulf sits in front. Downtown Ras Al Khaimah is 8 km away, Al Marjan Island and the Wynn resort 20 km, the airport 25 km and Dubai 110 km. Our Al Mairid area guide covers what that means day to day.
The wider context is the emirate’s tourism trajectory: 1.35 million visitors in 2025, a target of 3.5 million a year by 2030, and hotel stock targeted to grow from 8,500 rooms to 18,500. Wynn Al Marjan Island, the first casino resort in the UAE, opens twenty minutes down the coast in September 2027.
Questions buyers ask
Who is developing Mira Coral Bay?
Mira Developments, in partnership with Marjan, the government-backed master developer behind Al Marjan Island and other large-scale projects across Ras Al Khaimah.
How big is Mira Coral Bay?
Mira publishes 14 luxury brands, more than 800 apartments and 101 villas across the masterplan, alongside five-star hotels, branded beach clubs, a yacht club, restaurants and retail.
What does multi-branded actually mean?
Fourteen separate global luxury lifestyle brands shape different residential concepts within one masterplan, rather than a single brand lending its name to a single building. The first release, Richmond Residences, carries the John Richmond name; other concepts across the community carry others.
Are the homes furnished?
Yes. Every residence is delivered fully furnished and equipped, including Italian-made furniture, lighting, kitchen equipment, appliances, linens and tableware.
Is it on the beach?
Yes. The community sits on the Al Mairid waterfront with private sandy beaches, branded beach clubs and a yacht club. The upper level of the community is car-free, with landscaped promenades.
How far is it from Dubai?
Mira publishes 110 kilometres and 90 minutes by road. Downtown Ras Al Khaimah is 8 km, Al Marjan Island and the Wynn resort 20 km, and Ras Al Khaimah International Airport 25 km. Those are the developer’s figures; drive the route yourself at the hour you would use it.
Last reviewed 8 September 2026 · How we verify