Developed in partnership with Mira Developments, this ambitious project is a mixed-use destination that will redefine Al Mairid’s status as an investment and tourism hub
Marjan, the master developer behind Ras Al Khaimah’s flourishing real estate landscape, has unveiled Mira Coral Bay, a luxury waterfront project.
In collaboration with Mira Developments, a brand synonymous with high-end properties, this ambitious mixed-use destination is poised to elevate Al Mairid’s status as a premier investment and tourism hub in the region.
Mira Coral Bay represents a substantial investment in Ras Al Khaimah’s waterfront residential community.
The project is a significant achievement for Marjan’s subsidiary, the RAK Dredging Company, as it continues to develop Al Mairid into a one-of-a-kind destination with world-class infrastructure. This endeavour aligns seamlessly with Ras Al Khaimah’s vision to emerge as a leading magnet for tourism and investment in the region.
“At Marjan, we are dedicated to creating properties that not only elevate the local landscape but also provide world-class amenities, cementing Ras Al Khaimah’s global standing in the real estate market,” remarked Architect Abdulla Al Abdouli, CEO of Marjan. “Mira Coral Bay is a unique manifestation of our futuristic vision for the emirate’s evolution as an investment and tourism hub. With Al Mairid quickly transforming into one of the most sought-after destinations in Ras Al Khaimah, our partnership with Mira Developments will further invigorate the local economy and set new benchmarks in luxury living.”
Mira Group’s vision of sophistication
Tamara Getigezheva, co-founder of Mira Group, shared her enthusiasm about the upcoming project, saying, “We are honoured to contribute to this transformative project. Our vision for Mira Coral Bay is to create a waterfront master development that epitomises luxury and sophistication, offering residents and visitors an exceptional lifestyle experience that reflects the essence of world-renowned brands.”
Designed by the internationally acclaimed Marco Casamonti & Partners/ Archea Associati, a studio recognised for its architectural masterpieces across the globe, including the Antinori Winery in Italy and the Li Ling World Ceramic Art City in China, the waterfront development is set to become a landmark destination in Ras Al Khaimah.
This prestigious project is expected to attract discerning investors, residents, and tourists from around the world.
Luxe lifestyle in a serene setting
Located a mere 10 minutes from Downtown Ras Al Khaimah, Mira Coral Bay offers an exquisite blend of vibrant city life and serene waterfront living.
The development will feature a 5-star branded spa hotel with 100 keys, a resort hotel boasting 250 rooms, a state-of-the-art yacht club, and two exclusive branded beach clubs.
Mira Coral Bay will also include six clusters of villas with 165 units, two clusters of townhouses comprising 128 units, four clusters of apartments totalling 650 units, and 10 premium branded restaurants.
The master plan pays homage to Al Mairid’s unique landscape, with underground parking, scenic walkways, and architecture that harmonises with the natural environment while ensuring pedestrian comfort.
The development promises the highest standards of luxury, design, and service, making it a standout in Ras Al Khaimah’s real estate market.
Aligned with RAK Vision 2030
Mira Coral Bay is not just a real estate project; it is a strategic initiative aligned with RAK Vision 2030. Designed to boost the local economy and enhance the emirate’s business and tourism prospects, this ambitious project marks a new chapter for Marjan.
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