Richmind Breaks Ground on ZHA-Designed Oystra Residences, Launches Phase 2 on Al Marjan Island

Friday, 19 December 2025

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.