Richmind Launches Phase II Sales of Zaha Hadid–Designed Oystra on Al Marjan Island

Wednesday, 4 February 2026

Richmind has announced the sales launch of Phase II of Oystra, its Zaha Hadid Architects–designed ultra-luxury residential development on Al Marjan Island, Ras Al Khaimah, following a full sell-out of Phase I driven by strong global demand.

Key Highlights:

Phase II sales launched after the complete sell-out of Phase I.
Oystra is designed by Zaha Hadid Architects, marking the firm’s first residential project on Al Marjan Island.
Over 50% of Phase I buyers originated from Europe, highlighting strong international appeal.
Additional interest recorded from the US, Canada, China, Australia, and Turkey.
Phase II will introduce limited-edition ultra-luxury penthouses, expected to be priced around AED 75 million.
Launch event held at Ain Dubai, featuring an immersive experience curated by renowned DJ Shimza.
The development offers more than 50 world-class amenities, including a 150-metre lagoon, Luxe European spa, yoga pavilions, and a golf simulator.
Home to Ras Al Khaimah’s first 360° infinity pool with panoramic island views.
Construction is progressing well, with project handover scheduled for 2029.
Richmind has expanded globally with a new sales office in Shanghai and upcoming European roadshows in Manchester, Hamburg, and London.
A luxury hospitality brand collaboration is planned, bringing curated serviced residences and premium dining experiences to the community.