MIRA Developments · Ras Al Khaimah

MIRA CORAL BAY

• Apartments
• Villas
• Townhouses

Bedrooms

On request

Size

On request

Payment plan

50/50

Completion

Pre-launch

Available

On request

Handover

Q3 2029

About MIRA CORAL BAY

Mira Coral Bay Architecture & Branded Waterfront Living

Mira Coral Bay is a multi-branded waterfront community in Ras Al Khaimah, developed by Mira Developments and positioned directly on the Arabian Gulf. The project is designed around a resort-style residential experience, combining branded residences, five-star hospitality, private beaches, waterfront leisure facilities, and fully furnished turnkey homes.

The community brings together 14 luxury lifestyle brands across its residential and hospitality offering. The development includes villas and townhouses alongside four residential clusters of apartments, creating a mixed low- and mid-density waterfront environment rather than a conventional single-tower residential project.

All residences are planned to be fully furnished and fully branded, with five-star services and concierge support integrated into the living experience. The beachfront setting provides residents with private beach access and direct access to the Arabian Gulf.

Lifestyle & Resort Amenities

Mira Coral Bay is planned as a hospitality-led waterfront destination with five-star branded hotels, branded gourmet restaurants, branded beach clubs, and a branded yacht club and marina.

The community's private beaches are a defining feature, with sand imported from the Maldives to create a resort-style beachfront environment. Residents are also expected to benefit from full five-star concierge and serviced-living facilities, positioning the project toward buyers seeking a turnkey coastal residence rather than a conventional apartment investment.

The combination of branded hospitality, private beachfront access, marina infrastructure, restaurants, beach clubs, and furnished residences creates an integrated resort environment within an already established Ras Al Khaimah location.

Location & Connectivity

Mira Coral Bay is positioned approximately 10 minutes from Downtown Ras Al Khaimah, providing access to the emirate's established urban infrastructure while maintaining a beachfront resort setting.

Ras Al Khaimah International Airport is approximately 30 minutes away, while Al Marjan Island and the Wynn development are also around 30 minutes from the community. Downtown Dubai is approximately 1 hour 10 minutes away by road, giving residents access to Dubai’s established communities while maintaining the more relaxed coastal environment of Ras Al Khaimah.

The location is positioned as a balance between resort living and everyday accessibility, avoiding the isolation sometimes associated with remote waterfront developments.

Investment Case

Mira Coral Bay is positioned as a limited-entry opportunity into branded waterfront real estate in Ras Al Khaimah, with residences starting from AED 550,000. The combination of private beachfront access, fully furnished delivery, branded hospitality, and five-star services creates a differentiated proposition for both end-users and investors exploring UAE off-plan projects.

The project's strongest financial feature is its 50/50 payment plan. Buyers pay 50% during construction, with the remaining 50% spread over three years after handover. With handover targeted for Q3 2029, this structure gives buyers an extended post-handover payment period through approximately 2032, subject to the final contractual schedule.

This back-loaded structure can reduce the upfront capital requirement at handover and potentially allow buyers to enter a branded waterfront residence while spreading the remaining purchase commitment across three years after receiving the property.

The project is scheduled to launch in September 2026, with expressions of interest currently open. The EOI is AED 550K and is intended to secure priority allocation, subject to the developer's terms.

Payment Plan

Mira Coral Bay offers a 50/50 payment plan, with 50% payable during construction and the remaining 50% spread over approximately three years post-handover. The project is targeted for Q3 2029 handover, giving buyers an extended post-completion payment period through approximately 2032, subject to the final payment schedule. The starting price is AED 550K.

The three-year post-handover component is a key differentiator for buyers looking for a more flexible acquisition structure in the Ras Al Khaimah waterfront market.

Why this project

• Multi-branded waterfront community in Ras Al Khaimah with 14 luxury lifestyle brands, private beachfront access, fully furnished residences, five-star services, and a 50/50 payment plan with 3 years post-handover.

Amenities

• •Five-star branded hotels
• •branded gourmet restaurants
• •private beaches
• •branded beach clubs
• •branded yacht club and marina
• •villas
• •townhouses
• •four residential apartment clusters
• •five-star concierge

Location

Ras Al Khaimah Waterfront Position

Mira Coral Bay is located in Ras Al Khaimah on a direct Arabian Gulf waterfront position, approximately 10 minutes from Downtown Ras Al Khaimah. The development combines private beachfront living with access to an established urban centre, creating a resort environment without the isolation of a remote coastal location.

Nearby Destinations

Ras Al Khaimah International Airport is approximately 30 minutes away, while Al Marjan Island and the Wynn development are also around 30 minutes by road. Downtown Dubai is approximately 1 hour 10 minutes away, providing connectivity to the wider UAE while retaining the quieter coastal character of Ras Al Khaimah.

Payment plan