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Richmind has officially broken ground on Oystra, its Zaha Hadid Architects–designed luxury seafront development on Al Marjan Island, Ras Al Khaimah. With Phase 1 fully sold out, the milestone marks the formal launch of Phase 2 and reinforces the emirate’s growing appeal as a premier global coastal investment destination.
Key Highlights:
Project Milestone & Market Momentum
- Richmind commences construction on Oystra, a landmark luxury waterfront project.
- Phase 1 completely sold out, driven by strong regional and global demand.
- Phase 2 officially launched following the groundbreaking.
- Handover scheduled for 2029, with construction progressing in line with plan.
Architectural & Design Excellence
- Designed by Zaha Hadid Architects, featuring a fluid, sculptural form new to Al Marjan Island.
- Technical delivery powered by Dewan Architects + Engineers, including a 40m curved steel truss preserving ZHA’s design integrity.
- HBA leads hospitality-grade interiors.
- Cracknell designs an immersive landscape connected to the seafront environment.
World-Class Lifestyle Offering
- Development includes 850 luxury residences from 1–4 bedrooms, all oriented toward Arabian Gulf views.
- Amenities include:
- A world-class beach club & spa.
- Curated wellness facilities.
- Elevated signature dining destination.
- Ras Al Khaimah’s first 360° infinity pool, offering dramatic island views.
Strengthening Ras Al Khaimah’s Global Appeal
- Located steps from the UAE’s first integrated resort, Wynn Al Marjan Island.
- The project enhances the island’s evolution as a world-class waterfront lifestyle and investment hub.
- Leadership affirms Oystra as a defining development for the emirate’s luxury real estate future.
Statements from Leadership
- Marjan Group CEO stated that Oystra reinforces the international appeal of Al Marjan Island and elevates its lifestyle offering.
- Richmind Holding CEO noted that Oystra marks a milestone in Ras Al Khaimah’s ascent as a global coastal investment destination, reflecting long-term commitment and design excellence.
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