This ambitious mixed-use project, developed in partnership with Mira Developments, will transform Al Mairid’s standing as a hub for investment and tourism.
The major investment project is notable for its large land size, high-end brands, and large gross floor area.
Marjan, the master developer of freehold houses in Ras Al Khaimah, has announced the opening of Mira Coral Bay, a new, large coastal property in the Al Mairid neighbourhood. Mira Coral Bay, a substantial investment in the seaside neighbourhood, demonstrates Marjan’s commitment to enhancing the emirate’s real estate sector.
The multipurpose villas that make up Mira Coral Bay were created in partnership with several respectable lifestyle businesses. For Marjan’s subsidiary, the RAK Dredging Company, which is building Al Mairid into a distinctive destination with top-notch infrastructure in keeping with Ras Al Khaimah’s goal of becoming a major regional hub for investment and tourism, the partnership with Mira Developments represents a major turning point.
At Marjan, we are committed to producing top-notch real estate that both compliments the local topography and provides top-notch amenities, in keeping with Ras Al Khaimah’s illustrious global real estate reputation. A singular product, Mira Coral Bay represents our progressive vision for the emirate’s growth as a hub for investment and tourism. Al Mairid is fast rising to the top of the emirate’s most sought-after places, and our collaboration with Mira Developments will help to further strengthen the local economy while raising the bar for opulent suburban living, according to Arch. Abdulla Al Abdouli, CEO of Marjan.
We consider ourselves honoured to be a part of this innovative project, Tamara Getigezheva, co-founder of Mira Group, stated. Our vision for Mira Coral Bay is to create a master-planned coastal community that embodies refinement and elegance, offering residents and visitors an exceptional lifestyle experience rooted in the fundamental principles of well-known international corporations.
With a master plan designed by Marco Casamonti & Partners / Archea Associati, a studio that has completed over 200 architectural projects worldwide, including the Li Ling World Ceramic Art City in China and the Antinori Winery in Italy, Mira Coral Bay is set to become a well known Ras Al Khaimah destination that draws discerning travellers, locals, and investors from all over the world.
Developed in collaboration with leading global lifestyle firms, every Mira Coral Bay property will uphold the highest levels of luxury, design, and service. Situated just ten minutes from Ras Al Khaimah’s downtown, Mira Coral Bay promises to be both a peaceful beachside sanctuary and an unparalleled gateway to the vibrant city life of the emirate for both visitors and residents.
A five-star branded spa hotel with 100 keys, a 250-room resort hotel, a cutting-edge yacht club, and two private branded beach clubs are all located in Mira Coral Bay. A magnificent gem in the Al Mairid neighborhood, Mira Coral Bay will also have 10 high-end, name-brand restaurants, two clusters of townhouses with 128 units each, four clusters of apartments totaling 650 units, and six clusters of villas totaling 165 units. Subterranean parking and picturesque walkways with distinctive architecture that integrates the surroundings and outdoor amenities while considering pedestrian comfort are features of the mixed-use complex. The master plan, which has a tranquil shoreline situated against towering beautiful mountains, is an homage to Al Mairid’s distinctive landscape.
In keeping with RAK Vision 2030, Mira Coral Bay is intended to stimulate the regional economy and improve the emirate’s chances for commercial and tourism growth. With its unique infrastructure and architecture, Al Mairid is positioned as a future residential and leisure destination that will reinvent the luxury lifestyle in Ras Al Khaimah and provide job possibilities. This ambitious project is the start of a new chapter for Marjan.
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