Can foreign nationals purchase freehold property in Al Mairid?

Yes. Al Mairid is a designated freehold zone in Ras Al Khaimah. Foreign nationals can acquire full ownership with a title deed registered through the RAK Real Estate Regulatory Authority. There are no restrictions on resale, leasing or occupation. A 4% registration fee is payable to the RAK Land Department at the time of purchase.

What rental yields can investors expect from 1-bedroom apartments in Al Mairid?

Gross rental yields for 1-bedroom apartments in Ras Al Khaimah's waterfront locations generally range from 6% to 8%, depending on unit specification, furnishing level and proximity to leisure amenities. Branded, fully furnished apartments near tourism infrastructure command rental premiums of 15% to 25% over unfurnished equivalents. Short-term rental strategies targeting holiday visitors may generate higher gross returns, though these involve seasonal occupancy variation and greater management complexity.

How does the Wynn casino resort affect property values in adjacent districts?

The Wynn Al Marjan Island casino resort represents a USD 5.1 billion investment and is scheduled to open in early 2027. Integrated resort developments of this scale generate sustained demand for residential accommodation from resort employees, business visitors and tourists seeking alternatives to hotel stays. Al Mairid is approximately 10 minutes from Al Marjan Island, placing it within the primary catchment area for this demand.

What distinguishes branded apartments from standard units in terms of resale value?

Branded residences consistently demonstrate stronger resale performance compared to non-branded equivalents. Industry data indicates branded properties command a premium of approximately 25% to 35% over comparable non-branded units at resale. This premium reflects consistent interior specification, stronger buyer confidence in build quality and the marketing advantage of an internationally recognised name. Apartments within Mira Coral Bay carry brand equity that supports rental pricing and exit liquidity.

Does purchasing property in Al Mairid qualify for a UAE Golden Visa?

The 10-year Golden Visa requires a minimum property investment of AED 2 million. For 1-bedroom apartments priced below this threshold, buyers may combine multiple property investments to reach the qualifying amount. A single property valued at AED 750,000 or above qualifies the buyer for a 2-year renewable UAE residence visa. The Golden Visa provides long-term residency, the ability to sponsor family members and access to UAE banking and business services.

Off-Plan 1-Bedroom Apartments for Sale in Al Mairid

Q: Is Al Mairid suitable for short-term holiday rental strategies?

Yes. Al Mairid's waterfront position and proximity to Ras Al Khaimah's tourism infrastructure make it well suited for short-term rental deployment. Ras Al Khaimah recorded approximately 1.36 million overnight visitors in 2025, with the government targeting over 3.5 million annual visitors by 2030. Turnkey branded apartments within resort-style communities such as Mira Coral Bay are attractive to short-stay guests seeking alternatives to traditional hotels.

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 a coastal district on the western shoreline of Ras Al Khaimah, positioned between the emirate's historic city centre and the Al Marjan Island causeway. The area has direct access to Sheikh Mohammed Bin Zayed Road (E311). Unlike high-density island developments offshore, Al Mairid occupies a mainland waterfront position with unobstructed Arabian Gulf frontage and a lower-density residential setting.

The district is transitioning into a mixed-use waterfront destination, driven by large-scale master-planned projects now under development along its coastline. Mira Coral Bay, located directly on the Al Mairid waterfront, is the largest of these developments. The area retains a quieter, community-oriented character while benefiting from infrastructure investment flowing into Ras Al Khaimah as the emirate positions itself as a tourism and lifestyle hub.

Competitive Rental Yields

Gross rental yields for apartments in RAK’s waterfront communities range from approximately 6% to 8%, with branded and fully furnished units performing at the upper end.

Casino Resort Catalyst

Wynn Al Marjan Island, a USD 5.1 billion casino resort approximately 10 minutes from Al Mairid, is scheduled to open in early 2027 and is expected to drive sustained residential demand across adjacent coastal districts.

Zero-Tax Ownership

The UAE levies no annual property tax, no rental income tax and no capital gains tax, enabling investors to retain gross rental income in full.

Golden Visa Eligibility

Property investments of AED 2 million or more qualify buyers for a 10-year renewable UAE Golden Visa with family sponsorship rights.

Types of 1-Bedroom Apartments in Al Mairid

The 1-bedroom apartment segment in Al Mairid is shaped primarily by new-build, off-plan developments along the district's waterfront corridor. Within Mira Coral Bay, 1-bedroom units form part of four residential apartment clusters. All units are delivered turnkey with interiors by internationally recognised design houses, integrated kitchen appliances, branded bathroom fixtures and balcony or terrace access. Configurations typically range from approximately 700 to 915 sq ft of internal living space, with layouts oriented to maximise sea views and natural light.

Off-plan 1-bedroom apartments in Al Mairid serve end-users seeking a coastal residence and investors targeting the short-term rental market driven by Ras Al Khaimah's expanding hospitality sector. The turnkey delivery model eliminates post-purchase furnishing costs and enables leasing from the date of handover. Ras Al Khaimah recorded approximately 1.36 million overnight visitors in 2025, with the government targeting over 3.5 million annual visitors by 2030. This expanding tourism base supports both short-term holiday rental demand and long-term tenancy.

Infrastructure and Amenities in Al Mairid

Al Mairid's infrastructure is anchored by its proximity to Ras Al Khaimah's established city centre. RAK Mall and Al Hamra Mall are within a 10- to 15-minute drive. Supermarkets, pharmacies and banking services are available along the E311 corridor and within the neighbouring Al Hamra Village community. The Wynn Al Marjan Island casino resort, approximately 10 minutes from Al Mairid, will add international-standard dining, entertainment and leisure facilities upon its early 2027 opening. RAK International Airport is under 15 minutes away. The planned Etihad Rail connection to Ras Al Khaimah is expected to further enhance regional connectivity.

Educational facilities within a 15- to 20-minute drive include RAK Academy, which operates British-curriculum primary and secondary campuses, and GEMS Westminster School Ras Al Khaimah. Healthcare is served by RAK Hospital and Sheikh Khalifa Specialty Hospital, approximately 10 to 15 minutes from Al Mairid. Within Mira Coral Bay, the master plan includes a 5-star hotel, two beach clubs, a yacht club, over 10 restaurants and an art gallery. These community-level amenities support resident lifestyle quality and short-term rental appeal.

Infrastructure and Amenities in Al Mairid

Branded Residences

Apartments developed in collaboration with recognised international design houses, offering stronger market positioning, consistent design standards and improved resale liquidity.

Fully Furnished

Residences delivered turnkey with complete branded furniture packages and premium household appliances eliminate setup costs and enable leasing from the day of handover.

Prime Waterfront Setting

A master-planned waterfront community on the Arabian Gulf coastline offers direct beach access, marina facilities and a resort-style environment within a secure, gated setting.

Premium Services

Hotel-style amenities including beach clubs, a yacht club, concierge services and dedicated hospitality management enhance tenant appeal and support higher rental returns.

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.

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.

Discovery Gardens, Al Furjan, Dubai, UAE

Richmond District

Fully furnished residences translating the vision of iconic British designer into architecture.

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.

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.

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.

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.

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.