Richmond Residences

Richmond pairs a fully furnished John Richmond residence from AED 550K with Mira Coral Bay’s waterfront masterplan. Pay 50% during construction and the remaining 50% over three years after handover.

Discover the opportunity ↗

YOUR DIRECT DEVELOPER CONNECTIONAmira Sabrine RachidMira Developments · Meet your FFSM ↗

THE STARTING POINT: From AED 550K
PAYMENT STRUCTURE: 10% down · 50% post-handover over 3 years
ESTIMATED HANDOVER: Q1 2029 · estimated

01 / THE REASON TO LOOK CLOSER

A branded waterfront home. A payment plan that preserves capital.

We picked Richmond because three parts of the offer reinforce each other. The advertised AED 550K entry buys a furnished, branded residence within a larger waterfront destination; Mira’s published 50/50 plan leaves half the contractual price payable after handover. This creates a clearer capital-allocation choice than a headline price alone. The relative-value case still depends on a like-for-like comparison with available homes nearby, including size, furnishing, service charges and water access.

Branded and furnished at the entry price.

Mira advertises 293 John Richmond residences, fully furnished, from AED 550K. That makes the relevant comparison the total cost of an equivalent furnished waterfront home, not brand recognition alone.

A destination around the residence.

Richmond sits within Mira Coral Bay’s planned community of 14 lifestyle brands, more than 800 apartments, 101 villas, hotels, private beaches and a yacht club. The wider setting gives the home a stronger lifestyle case than an isolated building.

Half the price is paid after handover.

Mira’s published 50/50 schedule puts the final half across three years after handover. For a buyer with sufficient liquidity, that can preserve capital for other uses while the balance remains a fixed obligation.

Waterfront access with room to compare.

The Al Mairid address connects Richmond to Ras Al Khaimah’s coastal corridor. Compare its available units with nearby waterfront choices on price per square foot, furnishing, amenities, service charges and the cash needed by handover.

THE PLACE / BEYOND THE BROCHURE

See what the offer
actually includes.

The furnished home, the arrival and the wider waterfront setting all matter when comparing Richmond with another address.

The view from a furnished Richmond residence — A room with the coastline in view.

Furnished living room at Richmond Residences — Delivered furnished, so the room is part of the proposition.

Richmond Residences lobby — The arrival is designed as part of the experience.

Richmond Residences fitness space — Amenities that add to everyday use.

EXPLORE THE SETTING

Mira Coral Bay,
in motion.

See the wider coastal destination around Richmond Residences. Community footage is illustrative; confirm the plans and delivery phases with Mira.

WHY RICHMOND MADE THE PICK

The value is in the combination.

A furnished, branded waterfront residence is one part of the decision. The second is the cash you need at each stage. Mira publishes a 50/50 plan: half paid by handover, half across three years after it. Compare both the property and the timing before deciding.

Check Mira’s published project details ↗

ILLUSTRATIVE AED 1 MILLION PURCHASE

RICHMOND 50/50FULLY PAID BY HANDOVER

Paid by handoverAED 500KAED 1M

Capital retained thenAED 500KAED 0

Still due afterwardAED 500KAED 0

This compares payment timing, not total cost or investment return. The outstanding AED 500K remains a contractual obligation; fees and the actual SPA schedule are excluded.

WHAT TO CHECK BEFORE BUYING

Ask for five comparable available units in Al Mairid, Mina Al Arab and Al Marjan. Compare AED/sqft, size, furniture schedule, water access, service charges and cumulative cash required by handover. Confirm delivery phases of the wider community and the exact unit terms with the developer.

02 / THE COMMERCIAL PICTURE

Understand the offer.
Then make your move.

THE PAYMENT PLAN10% down · 50% post-handover over 3 years

Mira publishes 10% at booking and 50% of the total price during construction, including handover; the remaining 50% falls due over three years after handover. On a simplified AED 1M purchase, that means AED 500K paid by handover and AED 500K still contractually due. The retained cash offers flexibility; it is not a discount or guaranteed return. Confirm the full SPA schedule, fees and service charges for the chosen unit.

From AED 550KQ1 2029 · estimated

Offer published 8 October 2026. Your FFSM can confirm current availability, unit-specific terms, fees and the full payment schedule.

THE COLLECTION

Another perspective.

Different projects. Different reasons to look closer.

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12 October 2026 / Wadan Developments

Weston by Wadan

Weston by Wadan brings fully furnished studios and one- to three-bedroom apartments to Dubai Land Residence Complex. The developer fact sheet lists a Q4 2028 handover and a choice of 50/50 or 60/40 post-handover payment plans.

Discover the project ↗