Project Type Residential Complex
Price Range 550 000 - 2 500 000 AED
Area Range 37.17 - 195.17 m2
Price per m2 12 809.3 - 14 796.9 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 2 (Months) After Reservation
10%
2nd Installment 7 (Months) After Reservation
10%
3rd Installment 11 (Months) After Reservation
10%
4th Installment 15 (Months) After Reservation
10%
Final installment On Handover
50%
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.