Off-Plan Properties for Sale in Al Mairid, RAK

Off-Plan Properties for Sale in Al Mairid

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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 waterfront residential district on the Arabian Gulf coast of Ras Al Khaimah, bordered by Al Maareedh Street, Ahmed Bin Majid Road and Al Mamoura Street. The area connects directly to Al Manama-RAK Road (E18), providing access to the wider emirate, RAK International Airport and the Dubai-bound E311 highway. Its position close to Ras Al Khaimah city centre, approximately 10 to 12 minutes by car from Manar Mall and the central business district, makes it one of the more accessible coastal locations in the emirate, combining urban convenience with a beachfront setting.

The district is characterised by low-rise development, established local communities, and a quiet residential environment centred on family living. Traditional villas, modern apartment buildings and landscaped green spaces define the neighbourhood's physical form. Residents have direct access to public beaches and the RAK Corniche, with five-star hospitality. The area's combination of waterfront access, moderate density and proximity to daily amenities has attracted growing interest from end-users and investors as Ras Al Khaimah's property market continues to expand.

Mira Coral Bay by Mira Developments

Investment Highlights of Off-Plan Properties in Al Mairid

Ras Al Khaimah’s off-plan segment accounts for approximately 85% of freehold residential transactions.

Strong Capital Appreciation

Freehold residential capital values across Ras Al Khaimah increased by approximately 14% to 15% year-on-year during 2025, with apartment prices rising approximately 32% and villa prices gaining approximately 11% throughout the year.

Mira Coral Bay amenities

Competitive Rental Returns

Gross rental yields for freehold residential properties in RAK average approximately 5,4%, with waterfront and branded segments typically achieving higher returns depending on location.

Limited Coastal Supply

Approximately 19,300 new residential units are projected to be delivered across the emirate between 2025 and 2030, with branded residences expected to account for roughly 25% of the upcoming freehold supply.

Zero-Tax Ownership

Structure Ras Al Khaimah applies no annual property tax, rental income tax, or capital gains tax.

Types of Off-Plan Properties in Al Mairid

Off-plan properties currently available or in development within Al Mairid span a range of residential formats. Apartment configurations include studio, one-bedroom, two-bedroom, and three-bedroom layouts suited to individual investors, couples, and families. These are typically delivered within branded waterfront communities that include resort-style amenities, concierge services and managed rental programmes. Larger-format residences include villas and townhouses, which appeal to families and end-users seeking more space, private outdoor areas and a lower-density living environment.

The area's off-plan pipeline is anchored by Mira Coral Bay, a 220,000-square-metre master-planned waterfront community developed by Mira Developments. Mira Coral Bay encompasses a five-star hotel, resort, yacht club, beach clubs, restaurants and an art gallery. The development represents one of the largest concentrations of branded off-plan inventory in Ras Al Khaimah.

investment property on Al Marjan Island

Infrastructure and Lifestyle in Al Mairid

Al Mairid benefits from a central coastal position within RAK's urban core. Manar Mall, one of the emirate's principal shopping and entertainment destinations with over 120 retail outlets, is approximately 12 minutes away by car. Local groceries and convenience stores in the district serve daily retail needs. Healthcare facilities within a short drive include RAK Hospital, Sheikh Khalifa Speciality Hospital, Emirates Hospital and Aster Clinic Ras Al Khaimah. The E18 highway provides efficient connections north toward Al Hamra and Al Marjan Island and south toward Sharjah and Dubai.

Families have access to a selection of schools within 10 to 20 minutes, including RAK Academy (British and IB curricula), GEMS Westminster School, Ras Al Khaimah American Academy and Ideal English School. The Corniche and public beaches are within walking distance, offering outdoor recreation along the waterfront. Looking ahead, the opening of Wynn Al Marjan Island, a USD 5.1 billion integrated resort scheduled for spring 2027, is expected to significantly raise RAK's international profile and drive additional demand for residential property in nearby coastal districts, including Al Mairid. This infrastructure trajectory, combined with the emirate's expanding hospitality pipeline of 28 new hotels expected by 2030, supports sustained long-term interest in the area.

Infrastructure and Lifestyle in Al Mairid

Why Invest in Off-Plan Properties in Al Mairid with Mira Developments

01

Branded Residences

Gianfranco Ferré Home interiors

Studios, apartments, villas and townhouses developed in collaboration with globally recognised design and lifestyle brands offer stronger market positioning and improved resale liquidity.

02

Fully Furnished

investment property on Al Marjan Island

Move-in-ready residences with complete furniture packages and premium household appliances eliminate additional setup costs and enable immediate leasing or occupation.

03

Prime Waterfront Setting

Mira Coral Bay brochure download

A secure, master-planned, beachfront community offering direct coastal access, resort-style amenities and proximity to Ras Al Khaimah’s expanding hospitality and entertainment infrastructure.

04

Premium Services

Residences with hotel-style amenities and concierge services that enhance tenant appeal and support higher 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.

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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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.

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.

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.

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.

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 — Off-Plan Properties for Sale in Al Mairid, Ras Al Khaimah

Is Al Mairid a good location for off-plan property investment?

Yes. Al Mairid is a waterfront district on the Arabian Gulf coast of Ras Al Khaimah, directly connected to the city centre and major road networks, including the E18 highway. The area combines beachfront living with moderate density and everyday urban services. Ras Al Khaimah’s freehold residential market recorded approximately 14% to 15% annual capital value growth during 2025, driven by limited supply, expanding tourism infrastructure and growing international buyer interest. Al Mairid’s off-plan pipeline, anchored by the Mira Coral Bay master-planned community, positions the district within one of the emirate’s most active development drivers. AED 2 million or more also qualifies for the UAE Golden Visa, a 10-year renewable residency.

Can foreign buyers purchase freehold property in Al Mairid?

Yes. Ras Al Khaimah permits full freehold ownership for foreign nationals in designated zones. Al Mairid falls within these freehold-eligible areas. The purchase process involves a sale and purchase agreement with the developer, staged payments aligned to the payment plan, and registration with the RAK Municipality upon completion. There is no requirement for UAE residency or nationality. Foreign owners receive a title deed and may apply for residency visas linked to their property investment, provided they meet the applicable value thresholds.

How do rental yields in Ras Al Khaimah compare to Dubai?

Gross rental yields for freehold residential properties across Ras Al Khaimah average approximately 5,4%, with waterfront and branded segments often exceeding this baseline depending on unit type, furnishing level and proximity to tourism infrastructure. By comparison, average apartment yields in Dubai typically range from approximately 5% to 7%. RAK’s advantage lies in lower entry prices, which support higher yield-to-investment ratios. Branded, fully furnished residences within Mira Coral Bay can further enhance rental performance through managed letting programmes and hotel-style services.

What taxes and government fees apply to property purchases in Ras Al Khaimah?

Ras Al Khaimah applies no annual property tax, rental income tax, or capital gains tax. The principal government fee is a one-time registration charge payable to the RAK Municipality upon transfer of ownership (4%). There is no stamp duty. This tax-free ownership structure makes RAK one of the most cost-efficient freehold property markets in the region. Ongoing costs are limited to annual service charges, which vary by project and are determined by the community management company.

How does the Wynn Al Marjan Island resort affect property values in Al Mairid?

The Wynn Al Marjan Island integrated resort, valued at approximately USD 5.1 billion and scheduled to open in spring 2027, is expected to attract significant international visitor traffic to Ras Al Khaimah. The resort will feature 1,530 rooms, 22 dining venues, a deep-water marina, a spa, a theatre, and entertainment facilities. Industry analysts note that large-scale hospitality projects of this type typically drive additional demand for residential property in nearby coastal districts, supporting rental yields and capital appreciation. Al Mairid will benefit from increased demand from tenants and buyers generated by the resort and its associated tourism infrastructure.

What advantages do branded residences offer compared to non-branded properties?

Branded residences carry a price premium of approximately 30% to 40% over comparable non-branded units, reflecting design quality, brand equity and the inclusion of curated interiors, furniture packages and hotel-level services. In return, these properties achieve stronger rental demand, higher occupancy rates and improved resale liquidity. Mira Coral Bay brings 14 internationally recognised design and lifestyle brands into a single waterfront community. For investors, branded residences reduce the gap between purchase and income generation by delivering fully furnished, operationally ready units that can be leased immediately upon handover.

Is Al Mairid suitable for families?

Yes. Al Mairid offers a low-density, waterfront environment with direct access to public beaches, the RAK Corniche and landscaped green spaces. Healthcare facilities, including RAK Hospital and Aster Clinic support the district. Schools such as RAK Academy, GEMS Westminster School, and Ras Al Khaimah American Academy are accessible within a 10- to 20-minute drive. Mira Coral Bay will add further family-oriented amenities, including beach clubs, parks, restaurants and a yacht club. The area’s quiet residential character and proximity to essential services make it a practical choice for families seeking long-term coastal living in the emirate.

What is the long-term outlook for Ras Al Khaimah’s property market?

Ras Al Khaimah’s property market has entered a period of structural growth underpinned by tourism expansion, infrastructure investment and international buyer demand. Transaction values across the emirate reached approximately AED 15 billion during 2025, and approximately 19,300 residential units are projected for delivery by 2030, with branded residences comprising roughly a quarter of this supply. The emirate’s hospitality pipeline includes 28 new hotels, expected to be completed by 2030, approximately 80% of which are five-star. Visitor arrivals reached a record 1.36 million during 2025. These indicators suggest sustained demand for quality residential property, particularly in waterfront locations where supply remains limited relative to buyer interest.