Marjan and Mira Developments Launch Landmark Beachfront Project in Ras al Khaimah’s Al Mairid Area

Wednesday, 18 September 2024

Marjan, the master developer of freehold properties in Ras Al Khaimah, has announced the launch of Mira Coral Bay, an expansive waterfront project in the Al Mairid area. This mixed-use development, in partnership with Mira Developments, aims to transform Al Mairid into a premier investment and tourism hub, reflecting Marjan’s dedication to enhancing the emirate’s real estate landscape.

Key Highlights of Mira Coral Bay:

Strategic Partnership: Developed in collaboration with Mira Developments, the project underscores Marjan’s vision of positioning Ras Al Khaimah as a leading tourism and investment destination.
World-Class Infrastructure: Al Mairid, developed by Marjan’s subsidiary RAK Dredging Company, is set to become a unique destination with cutting-edge infrastructure, aligning with the emirate’s ambitious growth plans.
Futuristic Vision: Mira Coral Bay is a testament to Marjan’s commitment to developing properties that blend luxury with functionality, enhancing Ras Al Khaimah’s appeal as a global real estate market.
Luxury Living: The development features collaborations with leading lifestyle brands, ensuring the highest standards of luxury, design, and service across all properties.
Prime Location: Situated just 10 minutes from Downtown Ras Al Khaimah, Mira Coral Bay offers the perfect balance between vibrant city life and a tranquil waterfront retreat.

Project Features:

Five-Star Branded Spa Hotel: Offering 100 keys, this hotel is designed for those seeking unparalleled relaxation and luxury.
Resort Hotel: A 250-room resort providing a perfect escape for tourists and residents alike.
Yacht Club & Beach Clubs: State-of-the-art facilities catering to maritime enthusiasts and beach lovers, including two exclusive branded beach clubs.
Residential Clusters: Six villa clusters comprising 165 units, two townhouse clusters with 128 units, and four apartment clusters with 650 units, all designed to offer premium living experiences.
Dining & Entertainment: Ten premium branded restaurants set to elevate the culinary scene in Al Mairid.
Sustainable Design: The master plan incorporates scenic walkways and environmentally-conscious architecture, seamlessly blending the development with Al Mairid’s natural landscape.

Vision for the Future:

Aligned with RAK Vision 2030, Mira Coral Bay is designed to stimulate the local economy and elevate the emirate’s business and tourism prospects. The project is poised to set new standards in luxury living, creating job opportunities and redefining the residential and leisure experience in Ras Al Khaimah.

“As we embark on this transformative journey, Mira Coral Bay stands as a symbol of our commitment to shaping the future of Ras Al Khaimah,” said Arch. Abdulla Al Abdouli, CEO of Marjan. “This project will not only enhance the local economy but also set a new benchmark for luxury living in the region.”

Mira Coral Bay is set to become a landmark destination, attracting investors, residents, and tourists from around the world, all eager to experience the exceptional lifestyle it promises.