Emerging Developer of the Month for May 2025: Richmind
Each month, we spotlight the UAE’s rising developers who are crafting unique developments in the country with our Emerging Developer of the Month series. This month, we’re discussing Richmind, the developer behind a stunning launch in Al Marjan in Ras Al Khaimah. Let’s dive deep into this developer and their launch.
About Richmind Development
Richmind is a developer that prioritises creating community-centric spaces, bringing art, nature and great design into focus. They create these developments ensuring excellence, transparency and expertise.
Richmind believes in a constant interaction between people, architecture and nature, which they bring into their designs. You can see this in how Oystra, their first launch in the UAE, has been designed. Its closeness to nature and the beach makes it the ideal destination to connect with community. In addition, being a Richmind Zaha Hadid collaboration, design takes the centerstage of this stunning development.
About Oystra by Richmind
Oystra is Richmind’s first residential project in the UAE. It is a beachfront property on the shores of the picturesque Al Marjan Island in Ras Al Khaimah, offering grand views and a calming breeze from the sea at all times.
Designed by the pioneers of design, Zaha Hadid Architects and landscapes by Cracknell, Oystra reflects the serenity of the waves and tides in its unique design.
Oystra is located in one of Al Marjan’s prime spots, with the beach right at your doorstep and being close to the much-anticipated Wynn Resort. It promises an elevated lifestyle for its residents, with its design, amenities and services offered. This includes landscaped terraces, an indoor pool, a spa and a fitness centre.
Frequently Asked Questions
How can I get in touch with the Richmind Development team?
You can contact Richmind Development at +971-4-283-2333. Their head office is located in Office 301, 3rd Floor, Vision Tower, Business Bay, Dubai.
What payment plans are available for off-plan properties in Al Marjan Island?
Like most off-plan projects in the UAE, you can expect a payment plan of 20% down payment, following which you will be expected to make a certain payment during construction and later post-handover. For Oystra by Richmind Development UAE, it is 40% during construction and 40% post handover.
What are the best off-plan projects in Al Marjan Island, Ras Al Khaimah?
Some notable off-plan projects in Al Marjan Island include Nobu Residences, JW Marriott Residences, Ola Residences, Sunshine Bay, Taj Wellington Mews and Cala Del Mar. The upcoming Wynn Casino and Resort, the UAE’s first casino, is also an exciting project on the island.
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