Located in the heart of Ras Al Khaimah, Mira Coral Bay writes a new chapter in the emirate’s luxury lifestyle segment. The investment-heavy project stands out with its expansive land area, prestigious brands and large gross floor area. Mira Coral Bay boasts exclusive architecture and amenities inspired by the surrounding environment and the natural forms of coral.
RAS AL KHAIMAH, UAE – Media OutReach Newswire – 24 September 2024 – Marjan, the master developer of freehold properties in Ras Al Khaimah, has announced the launch of Mira Coral Bay, a new major waterfront project in the Al Mayrid district. Developed in partnership with Mira Development, known for its branded property portfolio, the ambitious project is a mixed-use destination that will redefine Al Mayrid’s position as an investment and tourism hub. Mira Coral Bay marks a significant investment in the waterfront residential community and underlines Marjan’s commitment to elevating the emirate’s real estate landscape.
Mira Coral Bay comprises of mixed-use facilities developed in collaboration with various reputed lifestyle brands. The partnership with Mira Development marks a significant milestone for RAK Dredging Company, a subsidiary of Marjan, as the company develops Al Mayrid as a unique destination with world-class infrastructure in line with Ras Al Khaimah’s vision to become a major tourism and investment hub in the region.
Masterplanned by Marco Casamonti & Partners/Archea Associati, the studio behind over 200 architectural works around the world, including Italy’s Antinori Winery and China’s Liling World Ceramic Art City, Mira Coral Bay is poised to become a landmark destination in Ras Al Khaimah, attracting discerning investors, residents and tourists from around the world.
Each property at Mira Coral Bay has been developed in collaboration with the world’s leading lifestyle brands to ensure the highest standards of luxury, design and service. Located just 10 minutes from downtown Ras Al Khaimah, Mira Coral Bay offers residents and visitors a tranquil waterfront retreat while providing unparalleled access to the emirate’s vibrant city life.
Mira Coral Bay features a 100-room five-star branded spa hotel, a 250-room resort hotel, a state-of-the-art yacht club and two luxury branded beach clubs. A stunning jewel in the Al Mayrid district, Mira Coral Bay also features six villa clusters of 165 units, two townhouse clusters of 128 units, four apartment clusters totaling 650 units and 10 luxury branded restaurants. The mixed-use development includes underground parking and landscaped walkways, with unique architecture that incorporates the environment and outdoor amenities while keeping pedestrian comfort in mind. The master plan pays homage to Al Mayrid’s unique landscape, featuring a tranquil waterfront set against a backdrop of towering majestic mountains.
In line with RAK โโVision 2030, Mira Coral Bay is designed to reinvigorate the local economy and enhance the emirate’s business and tourism development prospects. This ambitious project marks the start of a new chapter for Marjan, as its unique infrastructure and architecture will position Al Mayrid as a futuristic residential and leisure destination, create employment opportunities and redefine the luxury lifestyle in Ras Al Khaimah.
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