Richmond Residences · Richmond District
Mira Coral Bay Brochure
Fact sheet for John Richmond Residences at Mira Coral Bay, Al Mairid, Ras Al Khaimah.
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Richmond Residences, Ras Al Khaimah — Summary
293 fully furnished homes by Mira Developments and John Richmond within the Mira Coral Bay waterfront masterplan. G + 8 floors + roof. Under construction; EOI status as of August 2026 — confirm current sale phase.
Unit Types & Prices
| Unit Type | Size | Starting Price (AED) | Starting Price (USD) |
|---|---|---|---|
| Studio | 431 sqft / 40.07 sqm | AED 550,000 | USD 150,000 |
| 1 Bed | 854 sqft / 79.37 sqm | AED 1,100,000 | USD 300,000 |
| 2 Bed | 1411 sqft / 131.07 sqm | AED 1,750,000 | USD 475,000 |
| 3 Bed | 1806 sqft / 167.76 sqm | AED 2,300,000 | USD 625,000 |
| 2 Bed Duplex | 1806 sqft / 167.79 sqm | AED 2,500,000 | USD 680,000 |
| 3 Bed Duplex | 2560 sqft / 237.89 sqm | AED 3,500,000 | USD 950,000 |
Payment Plan (50/50)
Payment plan
50/50 — 50% pre-handover · 50% post-handover
- On booking 10%
-
During construction 35%
2 payment groups
- 1 month from booking10%
- 5% every 6 months (at 6, 12, 18, 24 & 30 months)25%
- Upon handover 5%
-
Within 36 months post-handover (5% every 4 months) 50%
- 4 months after handover5%
- 8 months after handover5%
- 12 months after handover5%
- 16 months after handover5%
- 20 months after handover10%
- 24 months after handover5%
- 28 months after handover5%
- 32 months after handover5%
- 36 months after handover5%
Note: Payment plan terms may vary by unit and release phase, confirm current structure with your Richmond Residences advisor.
Handover
Handover expected Q2–Q3 2029, confirm exact date with Mira Developments or your sales contact.
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