Marjan, the leading developer of freehold properties in Ras Al Khaimah, has announced the launch of Mira Coral Bay, a transformative waterfront project in the Al Mairid area. This large-scale mixed-use development, created in partnership with Mira Developments, is set to redefine Al Mairid as a premier hub for investment and tourism, aligning with the emirate’s ambitious RAK Vision 2030.
A Visionary Destination
Located just 10 minutes from Downtown Ras Al Khaimah, Mira Coral Bay merges world-class luxury with the area’s natural beauty. The project features:
- A 5-star branded spa hotel (100 keys).
- A resort hotel with 250 rooms.
- A state-of-the-art yacht club.
- Two branded beach clubs.
- Six clusters of villas (165 units).
- Two clusters of townhouses (128 units).
- Four clusters of apartments (650 units).
- Ten premium branded restaurants.
Incorporating 36 hectares of thoughtfully designed space, the development includes underground parking, pedestrian-friendly scenic walkways, and architecture inspired by the natural form of coral, paying homage to Al Mairid’s stunning waterfront and mountainous backdrop.
Collaboration with Global Icons
The masterplan, created by Marco Casamonti & Partners / Archea Associati, blends innovative architecture with functionality. This world-renowned studio has delivered over 200 projects globally, including the Antinori Winery in Italy and Li Ling World Ceramic Art City in China.
Tamara Getigezheva, Co-founder of Mira Group, shared:
“Our vision for Mira Coral Bay is to create a waterfront master development that exemplifies luxury and sophistication, offering residents and visitors an exceptional lifestyle experience rooted in the DNA of world-leading brands.”
Driving Economic Growth and Tourism
The project reinforces Marjan’s commitment to enhancing Ras Al Khaimah’s real estate landscape, stimulating the local economy, and setting new standards in luxury living.
Arch. Abdulla Al Abdouli, CEO of Marjan, noted:
“Mira Coral Bay represents our vision for transforming Al Mairid into one of the emirate’s most desirable destinations. This project is a testament to our dedication to world-class design, infrastructure, and luxury living that attracts global investors and enriches the local economy.”
Aligning with RAK Vision 2030
Mira Coral Bay aligns with Ras Al Khaimah’s strategic goals of becoming a leading tourism and investment hub in the region. This futuristic residential and leisure destination is designed to unlock job opportunities and enhance the emirate’s appeal for both residents and visitors.
For more information, visit: www.marjan.ae.