Located in the heart of Ras Al Khaimah, Mira Coral Bay marks a new chapter in the emirate’s luxury lifestyle segment.
Marjan, the master developer of freehold properties in Ras Al Khaimah, has announced the launch of Mira Coral Bay, a new large-scale waterfront project in the Al Mairid area. Developed in partnership with Mira Developments, known for its branded property portfolio, this ambitious project is a mixed-use destination that will redefine Al Mairid’s status as an investment and tourism hub. Mira Coral Bay is a substantial investment in the waterfront residential community, underscoring Marjan’s commitment to enhancing the Emirate’s real estate landscape.
Mira Coral Bay comprises multi-use properties developed in collaboration with various reputable lifestyle brands. The partnership with Mira Developments marks a significant milestone for Marjan’s subsidiary, the RAK Dredging Company, which is developing Al Mairid into a unique destination with world-class infrastructure in line with Ras Al Khaimah’s vision of emerging as a leading tourism and investment magnet in the region.
“At Marjan, we are committed to developing best-in-class properties that enhance the local topography and provide world-class facilities, befitting Ras Al Khaimah’s global stature in the real estate market. Mira Coral Bay is a unique offering representing our futuristic vision for the emirate’s evolution as an investment and tourism hub. Al Mairid is fast transforming into one of the emirate’s most desired destinations, and our partnership with Mira Developments will further boost the local economy while setting new standards in luxury living in the suburbs,” said Arch. Abdulla Al Abdouli, Chief Executive Officer, Marjan.
