Mira Coral Bay 2BR Apartment in Al Mairid — High-Demand Rental Location

Two-bedroom apartment of 131 sqm in Mira Coral Bay — beachfront living in Al Mairid with resort-grade amenities and a flexible post-handover payment plan

This 131 sqm (1,410 sqft) apartment in Mira Coral Bay is a strong case for anyone exploring property investment in Ras Al Khaimah — or simply looking for a home that delivers on location. The project sits on the first shoreline of Al Mairid: direct waterfront access, not a short walk to it. Developed by Mira Developments, Mira Coral Bay is a cluster of 14 branded residential buildings conceived as a self-contained coastal community, with handover scheduled for 2029 and a 50/50 payment plan that spreads costs well beyond completion.

Apartment highlights — 131 sqm on the waterfront

— two well-proportioned bedrooms with separate private areas;
— open-plan living and kitchen zone with generous natural light;
— layout that clearly divides living and private spaces;
— panoramic windows framing views of the Al Mairid coastline;
— 1,410 sqft — comfortably sized for family living or rental purposes.

Mira Coral Bay amenities

— direct access to the waterfront promenade;
— resort-style swimming pool with sea views;
— fully equipped fitness centre and active recreation areas;
— spa and wellness facilities;
— dining and café options within the cluster;
— children’s playgrounds and family leisure zones;
— 24/7 security and concierge services;
— residents‘ underground parking.

Architecture and concept

Mira Coral Bay brings together 14 branded buildings along the Al Mairid shoreline within a single master-planned cluster. The design philosophy prioritises the relationship between architecture and water — open corridors, landscaped walkways and shared amenity zones create a resort atmosphere that flows naturally from building to building. This is a community designed to be lived in, not just looked at.

About the developer

Mira Developments is a developer focused on premium coastal residential projects in the UAE, with a track record in delivering resort-integrated living environments with high service standards.

Payment plan

The project offers a 50/50 scheme with a post-handover instalment period of three years:
— 10% — on booking;
— 45% — during construction;
— 5% — on handover;
— 50% — post-handover over 3 years.
Handover: 2029.

Location — Al Mairid, Ras Al Khaimah

— direct access to the Arabian Gulf shoreline;
— approximately 10 minutes to Ras Al Khaimah city centre;
— approximately 45 minutes to Ras Al Khaimah International Airport;
— approximately 90 minutes to Dubai via the E11 highway.

Frequently asked questions

What does the amenity offering actually look like day to day?
— Residents have access to pools, fitness, spa, dining and family zones — all within the cluster, with no need to leave the community for most daily needs.

Is the rental market in Al Mairid active enough to justify an investment?
— Waterfront projects in Ras Al Khaimah are seeing growing demand from both short-term and long-term tenants. First-line locations consistently attract higher occupancy rates and stronger yields.

What makes branded buildings different from a standard residential complex?
— Branded buildings operate under a unified management and service standard across the entire cluster — closer in concept to a managed hospitality environment than conventional residential ownership.

How does the post-handover payment work in practice?
— After receiving the keys in 2029, the remaining 50% of the purchase price is paid over three years. This significantly reduces financial pressure during the construction phase and gives buyers flexibility at handover.

Is this apartment suitable for families relocating to RAK?
— Two separate bedrooms, 131 sqm of living space, a waterfront promenade and dedicated family zones make it a practical and comfortable choice for full-time residence.

Enquire via the form on this page to receive current pricing, floor plans and a return-on-investment breakdown for the two-bedroom apartment of 131 sqm in Mira Coral Bay.