Question 1

What is Richmond Residences Building 2?

Accepted Answer

It is the second phase of the John Richmond-branded residences by Mira Developments at Mira Coral Bay in Al Mairid, Ras Al Khaimah.

Question 2

What is the starting price?

Accepted Answer

Studios start from AED 550,000, one-bedroom apartments from AED 1.1 million and three-bedroom duplexes from AED 3.5 million. An EOI of AED 55,000 applies.

Question 3

What unit types are available?

Accepted Answer

Fully furnished studios, one- to three-bedroom apartments, and two- and three-bedroom duplexes.

Question 4

What is the payment plan?

Accepted Answer

10% on booking, 10% after one month, 20% in 5% instalments every six months, 5% after 28 months, 5% on handover and 50% over 36 months after handover.

Question 5

When is handover?

Accepted Answer

Handover is expected in Q2 2029.

Question 6

Are the apartments furnished?

Accepted Answer

Yes, every residence is delivered fully furnished.

Question 7

Is Mira Coral Bay freehold?

Accepted Answer

Yes, the project is offered on a freehold basis.

Question 8

How far is it from key places?

Accepted Answer

Downtown Ras Al Khaimah is about 10 minutes away, Wynn Al Marjan Island and Al Hamra Golf Club about 20 minutes, and RAK International Airport 25 minutes.

Question 9

What is the current construction and project status of Richmond Residences Building 2 at Mira Coral Bay, Ras Al Khaimah by Mira Developments &#8211; Location?

Accepted Answer

The current status of Richmond Residences Building 2 at Mira Coral Bay, Ras Al Khaimah by Mira Developments &#8211; Location is Pre-launch.

Question 10

Is Richmond Residences Building 2 at Mira Coral Bay, Ras Al Khaimah by Mira Developments &#8211; Location furnished or unfurnished?

Accepted Answer

Units in Richmond Residences Building 2 at Mira Coral Bay, Ras Al Khaimah by Mira Developments &#8211; Location come as Fully Furnished.

Question 11

What type of ownership is offered in Richmond Residences Building 2 at Mira Coral Bay, Ras Al Khaimah by Mira Developments &#8211; Location?

Accepted Answer

Properties in Richmond Residences Building 2 at Mira Coral Bay, Ras Al Khaimah by Mira Developments &#8211; Location are offered on a Freehold basis.

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