Apartments for Sale in Al Mairid, Ras Al Khaimah

Apartments for Sale in Al Mairid

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Mira Coral Bay in RAK

Al Mairid, Ras Al Khaimah, UAE

Mira Coral Bay

Mira Coral Bay is the world’s first luxury waterfront community, created in partnership with 14 globally renowned brands, on the picturesque shores of Ras Al Khaimah.

About Al Mairid, Ras Al Khaimah

Al Mairid is an established coastal residential district in Ras Al Khaimah, located near the city centre and characterised by low-rise development and a calm neighbourhood atmosphere. The area has historically been a local residential zone, shaping its character around everyday living, privacy, and convenience.

The district attracts residents seeking a balanced lifestyle near the waterfront while remaining connected to essential urban infrastructure. Al Mairid offers easy access to public beaches, retail outlets, schools, healthcare facilities, and government services, making it suitable for long-term residence and family living.

As Ras Al Khaimah continues to develop its coastal areas, Al Mairid remains one of the emirate’s more established neighbourhoods with limited land availability. Its proximity to the sea, low-density layout, and central location continue to support steady residential demand and long-term appeal.

Mira Coral Bay by Mira Developments

Investment Highlights of Al Mairid Apartments for Sale

Apartments in Al Mairid appeal to buyers seeking stable rental income and long-term value in a low-density coastal residential district close to Ras Al Khaimah city centre.

Stable Rental Yields

In 2025, well-located apartments in Ras Al Khaimah achieved average gross rental yields of 6–7%, supported by demand from long-term residents.

Mira Coral Bay amenities

Consistent Price Growth

Residential apartment prices across Ras Al Khaimah recorded year-on-year growth of approximately 8–12% in 2025, reflecting sustained end-user demand and controlled new supply.

Limited New Apartment Supply

Al Mairid is characterised by predominantly low-rise residential structures and a relatively limited pipeline of new apartment developments, which supports price stability and lower market volatility.

Strong End-User Demand

Apartments in Al Mairid are primarily driven by permanent residents and families seeking long-term living near the beach and city infrastructure, reducing exposure to short-term rental cycles.

Al Mairid Ras Al Khaimah Apartments: Market Overview

The apartment market in Al Mairid is relatively small and selective compared to larger residential hubs in Ras Al Khaimah. Most apartment buildings in the district are low-rise developments integrated into established neighbourhoods. This has resulted in a market dominated by owner-occupied units and long-term tenants, with fewer speculative listings and limited short-term turnover.

Most apartments available in Al Mairid are ready units. Unit sizes tend to be more generous than in high-density coastal developments, reflecting demand from families and professional households seeking proximity to the city centre without resort-style density.

This structure is expected to evolve with the introduction of Mira Coral Bay, a large-scale waterfront development planned in Al Mairid. The project will add approximately 400 apartment units to the local market, alongside villas and townhouses, marking the first significant expansion of purpose-built residential supply in the district and introducing a new master-planned format to an otherwise established residential area.

investment property on Al Marjan Island

Off-Plan Apartments for Sale in Al Mairid, Ras Al Khaimah

Historically, Al Mairid has been characterised by a predominantly ready-property apartment market, with almost no off-plan supply. This has limited early-entry opportunities for investors, despite the area’s established residential demand, coastal location, and proximity to the city centre.

Off-plan apartments in RAK introduce a different investment dynamic. Early-stage pricing allows entry below completed market levels, while structured payment plans improve capital efficiency during the construction phase. In a district with limited land availability and a historically constrained development pipeline, new off-plan supply also offers potential for capital appreciation as projects near completion and the area's residential profile evolves.

These conditions are now present within Mira Coral Bay, a large-scale waterfront development planned in Al Mairid. The project will deliver a defined volume of off-plan residential apartments within a master-planned coastal environment, alongside villas and townhouses. For investors, Mira Coral Bay combines first-mover access to off-plan coastal apartments in Al Mairid, controlled supply, and a location that has traditionally supported long-term residential demand.

Off-Plan Apartments for Sale in Al Mairid, Ras Al Khaimah

Infrastructure and Lifestyle in Al Mairid, Ras Al Khaimah

Al Mairid offers a residential lifestyle defined by low-density development, proximity to the beach, and direct access to Ras Al Khaimah’s city infrastructure. The district is located close to the city centre, providing convenient connectivity to schools, healthcare facilities, retail outlets, and government services, while maintaining a calm neighbourhood atmosphere distinct from resort-led coastal areas.

Daily life in Al Mairid is supported by access to public beaches, waterfront promenades, and local retail and dining options, with major lifestyle destinations such as Al Hamra Mall and leisure facilities reachable within a short drive.

Looking ahead, the opening of the UAE’s first integrated resort with a licensed casino on nearby Al Marjan Island, expected in 2027, is set to enhance the broader lifestyle offering of the northern coastline. The project is anticipated to elevate Ras Al Khaimah’s international profile, expand leisure and entertainment options, and increase the attractiveness of residential districts such as Al Mairid for long-term living and investment.

Infrastructure and Lifestyle in Al Mairid, Ras Al Khaimah

Why Invest in Apartments in Al Mairid, Ras Al Khaimah by Mira Developments

01

Branded Residences

Gianfranco Ferré Home interiors

Residential properties created in collaboration with global design brands, offering stronger market positioning, higher buyer recognition and more resilient long-term value.

02

Fully Furnished

investment property on Al Marjan Island

Move-in-ready residences delivered with complete furniture packages and premium household appliances, allowing immediate use or rental without additional capital expenditure.

03

Prime Locations

Mira Coral Bay brochure download

Properties for sale in Al Mairid, Ras Al Khaimah, offer direct access to beaches, resorts and future entertainment infrastructure that supports rental demand and price growth.

04

Premium Services

Hotel-style amenities and concierge services enhance tenant experience, support higher occupancy and improve long-term rental performance.

About Mira Developments

Mira Developments is a fast-growing company offering premium properties across the Middle East and Europe. Our portfolio includes projects in the UAE, Oman, Switzerland and Georgia, and continues to expand every year. We focus on fully branded and fully serviced residential and hospitality developments.

By partnering with iconic global brands, we are shaping a new vision of luxury living worldwide and creating robust opportunities for long-term capital growth for our investors.

About Mira Developments

Iconic Global Brands Collaborations

Сlean Lines and Extreme Curves

Bentley Home highlights its origins and aesthetic principles through a new creative perspective. The Bentley Home collection offers an interpretation that draws from the core of the British automotive brand to continue its extraordinary journey—discovering the authenticity of material and form.

Spectacular Elegance

The ELIE SAAB Maison collection touches every corner of your home and perfectly blends the essential elements of the ELIE SAAB Brand signature, design research, and the artisan excellence of Made in Italy.

A Cosmopolitan Vision

Trussardi Casa reinterprets the essence of the brand through the concept of quiet elegance, an expression that captures and reinforces their vision of a discreet and refined luxury, marked by products made with care and passion.

A New Dimension of Home

Gianfranco Ferré Home collection converges contemporary minimalism and the rich creative heritage of Gianfranco Ferré. The line captures the essence of metropolitan living, offering furniture to shape dynamic and fluid living spaces.

Audacious Creativity

Jacob & Co. Haute Living Collection reflects a vision of luxury that transcends boundaries. Each piece is conceived as a sculptural statement, combining precious materials, innovative design, and meticulous attention to detail.

Dreams Become Reality

ETRO home collection rethinking the House’s heritage and the art of savoir-faire, making the dream real, tangible, livable. It shapes new worlds and new ways of living with expressive colors and immersive fabrics, quality, and functionality.

A Stronghold of Quality Craftsmanship

Having conceived some of the icons of luxury furnishings, ONIRO Group has shown the world what Italy is capable of in terms of artistry, expression, innovation, and the balance between elegance, quality, and outstanding creativity.

Leader in the Luxury Lifestyle Sector

For over 30 years, Luxury Living Group has designed, produced, and distributed Italian-made high-end furniture for some of the most important luxury brands, a success story marked by craftsmanship, experimentation, and fine materials.

More Properties for Sale by Mira Developments

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Al Marjan Island, Ras Al Khaimah, UAE

Gianfranco Ferré Residences

Step into a new standard of coastal living with stylish studios, 1 — 2 bedroom apartments and spacious 2–4 bedroom duplexes — all featuring fully furnished interiors, five-star hotel-level services and sweeping views of the Arabian Gulf.

Tbilisi, Georgia

Trussardi Residences, Mira Verde

Set within the Mira Verde community, Trussardi Residences brings the refined Milanese design philosophy to Georgia for the first time, surrounded by the green landscapes of Tbilisi Hills.

trussardi residences phase two

Discovery Gardens, Al Furjan, Dubai, UAE

Trussardi Residences Phase II

Following overwhelming demand for Phase I, these two towers present an even more refined and upgraded offering, infused with the same Milanese spirit.

Post Hotel & Residences by Elie Saab properties

Andermatt, Switzerland

POST Hotel & Residences by ELIE SAAB

The project transforms the historic chalet in the Swiss Alps into a pinnacle of modern comfort and sophistication.

Mira Verde by Mira Developments, Tbilisi Hills, Georgia

Tbilisi, Georgia

Mira Verde

Georgia’s first branded, master-planned community, set amid the rolling green landscapes of Tbilisi Hills, just ten minutes from the historic city center.

Mira Coral Bay in RAK

Al Mairid, Ras Al Khaimah, UAE

Mira Coral Bay

Mira Coral Bay is the world’s first luxury waterfront community, created in partnership with 14 globally renowned brands, on the picturesque shores of Ras Al Khaimah.

Discovery Gardens, Al Furjan, Dubai, UAE

Trussardi Residences

This stunning development in the Al Furjan area of Dubai embodies the contemporary elegance of the Italian fashion icon.

Bentley villas

District 11, Meydan, Dubai, UAE

Mira Villas designed by Bentley Home

Set in the heart of Dubai, this fully furnished villa community offers sweeping views of the city’s iconic skyline.

Explore Mira Developments Projects Across the UAE and Beyond

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FAQ — Ras Al Khaimah Apartments for Sale

Is it a good time to buy an apartment in Al Mairid?

Yes. The local market remains end-user driven, with limited new supply and steady demand for long-term residence. This creates relatively stable pricing conditions compared to resort-led districts and supports buyers planning to live permanently rather than engage in short-term speculation.

Can foreign buyers purchase apartments in Ras Al Khaimah?

Yes. International buyers are allowed to own freehold apartments in Ras Al Khaimah within designated areas, including Al Mairid. Ownership is registered in the buyer’s name and does not require UAE residency.

Are there apartments near the beach suitable for everyday living?

Yes. Al Mairid offers apartments near the beach in RAK that are designed for permanent residence, with practical layouts and access to everyday infrastructure.

What type of buildings dominate the Al Mairid apartment market?

The area is primarily characterised by low-rise apartments in RAK, integrated into established residential neighbourhoods. This results in lower population density and a quieter living environment.

Is Al Mairid suitable for families looking to relocate?

Yes. The district is well-suited for family apartments in Ras Al Khaimah, offering proximity to schools, healthcare facilities, and retail services, as well as a calm residential atmosphere.

Are apartments in Al Mairid considered affordable compared to other coastal areas?

Compared to resort-focused locations, Al Mairid remains one of the more affordable apartment markets in RAK, particularly for buyers prioritising space, usability, and long-term living.

What taxes apply when purchasing apartments in Ras Al Khaimah?

There is no annual property tax or capital gains tax in the UAE. Buyers typically pay a one-time registration fee at purchase, along with standard administrative costs.

Can buyers purchase apartments on a payment plan?

While most listings in Al Mairid are ready apartments in RAK, select new developments offer structured payment plans, particularly for off-plan projects, allowing buyers to spread payments over the construction period.

Who typically rents apartments in Al Mairid?

Rental demand is driven mainly by long-term tenants, including families and professionals. This profile supports long-term living in RAK.

Is it safe for international buyers to buy property in Al Mairid?

Yes. Property transactions are regulated, ownership rights are clearly defined, and developers and brokers operate under established legal frameworks, providing a transparent process for international buyers who choose to buy an apartment in Al Mairid.