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.
