Mira Coral Bay: Beachfront Apartments in Al Mairid, Ras Al Khaimah
Mira Coral Bay is a residential apartment project by Mira Developments, located in Al Mairid on the western coast of Ras Al Khaimah. The site carries direct beach access to the Arabian Gulf, which shapes the character of the project from location through to amenities.
Al Mairid sits within a lower-density stretch of the RAK coastline, south of the emirate's main city grid. The area has a quiet residential feel rather than a commercial one. That makes it different from more developed coastal zones, with less traffic and more open space. Connectivity is solid: the E11 highway runs nearby, linking south toward Umm Al Quwain, Ajman, Sharjah, and eventually Dubai. Dubai International Airport sits roughly 90 to 100 minutes by road. RAK International Airport lies within the emirate and serves the northern UAE market.
What AED 1,038,000 Buys Here
The listed price entry for Mira Coral Bay is AED 1,038,000. The project offers one-, two-, and three-bedroom apartments, covering a range of household sizes from singles and couples to families.
The apartment-only format suits both owner-occupiers and investors. Residents who want a coastal base in the northern emirates. Investors looking at the RAK residential rental market, where the project's beachfront position and direct sea access are specific differentiators relative to inland or city-centre apartments.
Al Mairid: Where the Beach Outranks Urban Density
Al Mairid is not a dense urban neighbourhood. It occupies waterfront land south of RAK city, with fewer commercial outlets within walking range than you would find in the main city districts. Daily essentials typically require a car. RAK city centre and its services are a short drive away.
For the right buyer, that trade-off is the point. Lower density, more open space, and a beachfront setting without the congestion or pricing of a major city centre. The E11 access makes the rest of the UAE reachable when needed.
Amenities
| Category | Amenities |
|---|---|
| Outdoor | Landscaped Gardens, Beach Access |
| Fitness | Indoor Swimming Pool, Gymnasium |
| F&B | Restaurants |
| Family | Children's Play Area |
| Security | CCTV Security |
Seven amenities, with direct beach access as the project's defining feature. The indoor pool matters in a UAE coastal setting: outdoor swimming is less comfortable through the summer months, and the pool extends year-round usability without requiring residents to leave the development. On-site restaurants reduce the dependency on driving for casual dining in a location where commercial options within walking distance are limited. The children's play area and landscaped gardens reinforce that the project targets long-term, family-oriented residents rather than transient short-stay use.
Completion: December 2028
Construction started in June 2025. The expected handover is December 2028, a 42-month build cycle from launch. Buyers entering now are looking at roughly 28 months remaining on the construction timeline. The project is in an active build phase, not an early-concept stage.
Getting In for 20%
| Phase | Percentage |
|---|---|
| Down payment | 20% |
| During construction | 55% |
| Handover | 25% |
The payment plan concentrates 55% of the purchase price across the construction period from mid-2025 to late 2028. Payments are front-loaded before delivery. The 25% handover payment is a substantial final installment. No post-handover plan applies, so the full purchase price settles at December 2028 delivery.
The 20% down payment is standard for off-plan entry in RAK. The overall structure is conventional: spread payments during construction, settle in full at handover.