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Mira Coral Bay by Mira Developments

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Mira Coral Bay by Mira Developments, Ras Al Khaimah

Fully furnished branded homes in a semi-island community with a Maldivian sand private beach, yacht club and 5-star services.

LAUNCH PRICE

From AED 580K

PAYMENT PLAN

TBC

HANDOVER

TBC

ROI POTENTIAL

TBC

Check Availability

Al Mairid, Ras Al Khaimah, UAE,

https://cdn.opr.ae/upload/photo/mira%20coral%20bay.jpg

About the Project

Overview of Mira Coral Bay in Ras Al Khaimah

Mira Coral Bay is a large waterfront community in Al Mairid, created by Mira Developments in partnership with Marjan. The 220,000 sqm masterplan brings together 14 luxury brands across apartments, townhouses, villas, hotels, beach clubs and dining venues. Homes will be fully furnished and serviced. The semi-island community is planned around about 60,000 sqm of beach with white sand imported from the Maldives, plus a marina and yacht club.

Private beach & direct sea access — within the community

Yacht club & marina — within the community

Downtown Ras Al Khaimah — 10 min

National Museum of Ras Al Khaimah — 10 min

Manar Mall — 10–12 min

Ras Al Khaimah International Airport — 30 min

Project Details

Starting Price

From AED 580K

Handover

TBC

Payment Plan

TBC

Area

From approx. 420 sq ft

Property Type

Studios, Apartments, Townhouses, Villas

Bedrooms

TBC

Developer

Mira Developments & Marjan

Location

Al Mairid, Ras Al Khaimah

Download Project Presentation

Signature Features & Amenities

Mira Coral Bay is designed as a complete waterfront destination. Residents will have a private beach, marina, yacht club, two branded beach clubs, two five-star hotels and 10 fine-dining venues. Every home will be fully furnished by a luxury brand and supported by hotel-style services. The masterplan also includes wellness and community spaces, an art gallery, landscaped walkways and shared parking.

Private Beach
Yacht Club & Marina
Two Branded Beach Clubs
Two Five-Star Hotels
10 Fine-Dining Venues
Fully Furnished Branded Interiors
Hotel-Style Services

Swimming Pools
Fitness & Wellness Spaces
Landscaped Walkways
Art Gallery
Restaurants & Retail
Shared Podium Parking
Direct Sea Access

Property Types

Planned residences include studios and 1, 2 and 3-bedroom apartments, plus townhouses and villas across the wider community. Studios are expected from about 420 sq ft. Exact areas, layouts and prices will be confirmed soon.

Download All Floor Plans

Check Availability

Download All Floor Plans

Payment Plan

The developer has not yet released the payment plan.

TBC

On booking

TBC

During Construction

TBC

On Handover

Investment Potential

Mira Coral Bay offers a low entry point for a fully furnished branded waterfront home, with studios expected from AED 580,000. The project sits 10 minutes from Downtown Ras Al Khaimah and combines homes with hotels, beach clubs, restaurants and a yacht club, which can support year-round demand. Ras Al Khaimah recorded 1.35 million overnight visitors in 2025, while apartment rents across the emirate rose by nearly 25% year on year, according to CBRE. An exact ROI cannot be calculated until the payment plan, handover date and service charges are released.

As of 2026:

Entry price from AED 580K for branded waterfront residences
Fully furnished and serviced homes reduce setup costs
14 luxury brands across one 220,000 sqm masterplan
10 min from Downtown Ras Al Khaimah
1.35M overnight visitors in Ras Al Khaimah in 2025
Apartment rents in RAK rose nearly 25% YoY in 2025
Freehold ownership open to all nationalities
Long-term UAE residency may be available from AED 2M, subject to current rules

Contact a Property Investment Consultant

Flexible Financing Options

Buying an off-plan property or a ready-to-move-in home? Maximise your buying power with competitive mortgage options tailored to your needs.

Secure a mortgage during construction to maximize leverage
Combine developer payment plans with tailored bank financing
Get pre-approved in as little as 3 days
Conventional and Sharia-compliant financing available
No hidden fees or added costs

Contact a Mortgage Specialist

About Al Mairid, Ras Al Khaimah

Al Mairid is an established waterfront district beside Ras Al Khaimah Old City, with beaches, resorts, supermarkets, schools and clinics already operating nearby. It connects to Al Manama–RAK Road (E18), while Downtown Ras Al Khaimah is around 10 minutes away. The area is quieter than the main resort islands but still close to city services.

Area Page

About Al Mairid, Ras Al Khaimah

Attractions

Entertainment venues and facilities:

Private beach and yacht club
Ras Al Khaimah Public Beach
National Museum of Ras Al Khaimah
Manar Mall and Old City

Healthcare

Quality healthcare nearby:

Al Mairid Health Center
Al Zahrawi Hospital
RAK Hospital

Education

Reputable educational institutions:

Little Dreams Nursery
Al Mairid School
American University of Ras Al Khaimah

Area page

About the Developer

About Mira Developments

Mira Developments is a UAE developer focused on fully furnished branded residences. Its portfolio includes projects created with Dolce&Gabbana Casa, Bentley Home, ETRO Home, ELIE SAAB, Jacob & Co., Trussardi and John Richmond. Mira Coral Bay is developed in partnership with Marjan, Ras Al Khaimah's master developer of freehold destinations.

Developer's Profile

FAQ — Mira Coral Bay

Talk to an Expert

Who is the developer of Mira Coral Bay?

Mira Coral Bay is developed by Mira Developments in partnership with Marjan. The masterplan was designed by Marco Casamonti & Partners / Archea Associati.

Where is Mira Coral Bay located?

Mira Coral Bay is in Al Mairid, on the Ras Al Khaimah waterfront. Downtown RAK is about 10 minutes away, RAK International Airport around 30 minutes and Dubai International Airport around 1 hour 10 minutes.

What types of properties are available at Mira Coral Bay?

The community includes studios and 1–3 bedroom apartments, townhouses and villas.

What is the starting price at Mira Coral Bay?

The expected starting prixe is AED 580,000 for a studio. One-bedroom apartments are expected from AED 1.1M, two-bedroom apartments from AED 1.5M, three-bedroom apartments from AED 2M+, and villas and townhouses from AED 3M. Final prices will be confirmed soon.

What is the payment plan for Mira Coral Bay?

The payment plan has not yet been released.

When is the handover of Mira Coral Bay?

The handover date has not yet been announced.

What amenities are available at Mira Coral Bay?

The masterplan includes a private beach, marina, yacht club, two branded beach clubs, two five-star hotels, 10 fine-dining venues, wellness spaces, swimming pools, landscaped walkways, an art gallery and hotel-style services.

Is Mira Coral Bay freehold?

Yes. The official project website states that freehold ownership is available to buyers of all nationalities.

Can I get UAE residency when buying property in Ras Al Khaimah?

Property buyers may qualify for UAE residency, depending on the property value and current eligibility rules. Real estate worth AED 2M or more may qualify for long-term Golden Residency. Buyers should confirm the latest requirements before applying.

Is Mira Coral Bay a good investment?

Mira Coral Bay has several investment drivers: the upcoming Wynn Al Marjan Island — the UAE’s first integrated resort with a licensed gaming facility, scheduled to open in Q1 2027, growing tourism; and major infrastructure development across Ras Al Khaimah. In addition, a waterfront location, branded and fully furnished homes, entry prices from AED 580K, hotel-style services and proximity to Downtown RAK.

Is Mira Coral Bay a good place to live?

Yes, for buyers who want a quieter waterfront setting with city access. The project will include a private beach, marina, yacht club, hotels, restaurants and wellness spaces, while Downtown RAK, schools, clinics and Manar Mall are around 10–12 minutes away. A car will still be the most convenient way to get around Al Mairid.