RAS AL KHAIMAH, UAE - - 19 September 2024 - 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. With a masterplan by Marco Casamonti & Partners / Archea Associati, a studio with over 200 architectural works worldwide, including the Antinori Winery in Italy and the Li Ling World Ceramic Art City in China, Mira Coral Bay is poised to turn into a landmark destination in Ras Al Khaimah, attracting discerning investors, residents, and tourists from around the globe.
Each property in Mira Coral Bay, developed in collaboration with world-leading lifestyle brands, will .