Project Type Residential Complex
Price Range 550 000 - 2 300 000 AED
Area Range 40.06 - 167.84 m2
Price per m2 13 703.5 - 13 729.4 AED
Estimated ROI —
Furniture Built-in furniture
Finishing With finishing
Kitchen Built-in, without appliances
Payment Plans Applicable
Completion Date 3rd quarter 2029
Property Types Apartments
Location
Dafan Al Maireed, Ras al Khaimah, United Arab Emirates (UAE)
Closest landmarks:
Al Jazeera Port 20.4 km
Al Jazirah Alhamra Old Town 21 km
Ras Al Khaimah International Airport 24 km

Payment Plans

Installment Milestone Amount
Down Payment On Reservation
10%
1st Installment 1 (Months) After Reservation
10%
2nd Installment 6 (Months) After Reservation
5%
3rd Installment 12 (Months) After Reservation
5%
4th Installment 18 (Months) After Reservation
5%
5th Installment 24 (Months) After Reservation
5%
6th Installment 30 (Months) After Reservation
5%
7th Installment On Handover
5%
8th Installment 4 (Months) After Handover
5%
8th Installment 8 (Months) After Handover
5%
9th Installment 12 (Months) After Handover
5%
10th Installment 16 (Months) After Handover
5%
11th Installment 20 (Months) After Handover
10%
12th Installment 24 (Months) After Handover
5%
13th Installment 28 (Months) After Handover
5%
14th Installment 32 (Months) After Handover
5%
Final installment 36 (Months) After Handover
5%
Land Department Fee On Handover
4%
Total

Amenities

Gymnasium
Outdoor Swimming Pool
Kid's Pool
Kids Playground
24/7 Security

About Project Coral Bay

Coral Bay, a new residential development by Mira Developments in Al Mairid, Ras Al Khaimah, offers a range of contemporary apartments designed for both end users and property investors. The project features studios starting from AED 550,000, 1-bedroom apartments from AED 1 million, 2-bedroom residences from AED 1.60 million, and spacious 3-bedroom units from AED 2.50 million, providing options for different lifestyle and investment requirements. Located in the sought-after Dafan Al Maireed area, Coral Bay benefits from Ras Al Khaimah’s growing residential and tourism appeal while offering a strategic opportunity within the emirate’s expanding real estate market. Mira Developments has structured the purchase with a 50/50 payment plan during the development period and up to three years post-handover, offering buyers greater flexibility in managing their investment. Completion is planned for Q3 2029, while early buyers can register their interest with an Expression of Interest (EOI) of AED 55,000. With competitive entry prices, varied apartment layouts, and a flexible payment structure, Coral Bay presents an attractive opportunity for buyers seeking modern property in Ras Al Khaimah and investors looking to benefit from the emirate’s continued growth.