Development of the Week: Oystra by Richmind
Continuing our development of the week series, we take a look at one of the top new developments across the UAE, Oystra by Richmind. Located in Al Marjan Island of Ras Al Khaimah, this project is designed by world-renowned Zaha Hadid Architects and will offer 1 to 3-bed units. Let’s delve deeper and find all about Oystra Al Marjan Island.
ABOUT OYSTRA BY RICHMIND
Ras Al Khaimah’s property market has been capturing local and international attention in recent years. As the government has invested heavily in developing infrastructure, bigwigs of the real estate industry have begun to see Ras Al Khaimah as a lucrative market. Hence, it is no surprise that names like Richmind and Zaha Hahid are joining forces for this project.
There are multiple reasons why these flats will stand out from its competition. With panoramic waterfront views and Zaha Hadid-inspired designs, Oystra – the first new project by Richmind in the UAE, will be an exceptional place to live. With the natural beauty of Ras Al Khaimah combined with the marvellous designs of Zaha Hadid, this building will give you the best of both worlds.
Situated on a spectacular artificial island, residents will be able to enjoy breathtaking views of the Persian Gulf. Oystra’s location is also something worth discussing.
The building will be just a couple of minutes away from the Wynn Casino when it opens up. Al Hamra Mall, perfect for entertainment and shopping, is around 10 minutes-drive away. Residents will be able to reach the RAK Airport in a quarter of an hour and Dubai International Airport as well as Downtown Dubai, it will take an hour.
From an investment point of view, this property can offer good returns in the medium to long term. The planned opening of Wynn Resort will certainly boost property prices in the locality. Both in terms of return on investment and rental yields, one can expect handsome gains.
When it comes to amenities, it will match up to the list of amenities of the top luxury building in across the country. From a dedicated 24/7 concierge team to a luxurious beach club, residents will be able to live life to the fullest here thanks to the facilities on offer.
PROPERTIES AT OYSTRA AL MARJAN ISLAND
The 18-floor building along with mezzanine, ground floor and 2 basement parking levels will offer premium luxury. VIP lobbies and reception areas will be connected by 26 lifts. Residents will have key-activated lift access and entry vestibules for penthouse residences.
Here’s a look at the covered area and starting cost of the flats.
Property | Starting Cost | Covered Area |
|---|---|---|
Property 1-Bed | Starting Cost AED 2.8M | Covered Area 850 sq.ft. |
Property 2-Bed | Starting Cost AED 4.7M | Covered Area 1,550 to 1,650 sq.ft. |
Property 3-Bed | Starting Cost AED 7.9M | Covered Area 2,450 sq.ft. |
Visit the official website to take a look at Oystra floor plan.
OYSTRA BY RICHMIND PAYMENT PLAN
Oystra payment plan will be:
- 60/40 with flexible payment options
OYSTRA AMENITIES
Here’s the list of Oystra amenities.
- Water features integrated into landscape design
- Stylish relaxation lounge and bars for ultimate comfort and downtime
- Spa with steam, sauna rooms and indoor pools
- Resort-style sundeck with surrounding pools and open lawns
- Private training studio
- Private cinema/theatre
- Private cabanas by the poolside for added comfort and shade
- Paddle court
- Outdoor yoga lawn for fitness and mindful movement
- On-site health care unit
- Inviting arrival experience and dedicated drop-off areas
- Indoor and outdoor lounge spaces
- Heated swimming pools for families and kids
- Heated lap pool
- Golf simulation lounge
- Games room for adults and teenagers
- Expansive, state-of-the-art fitness centre with access to outdoor activities
- Dedicated treatment room
- Curated landscaping encompassing the premises
- Convenience store
- Children’s soft-play area
- Children’s playground
- Basketball court
- Art gallery
- Ample green spaces
ABOUT THE DEVELOPER
Richmind, a growing property developer, has made its entry in the UAE market. In collaboration with Zaha Hadid Architects, it has certainly created a buzz with its grand project. With the pedigree of both brands, one can expect them to deliver on their promises within the deadline. So, you can invest in Oystra Ras Al Khaimah with no concerns in mind.
FAQS ABOUT OYSTRA BY RICHMIND
WHO IS THE DEVELOPER OF OYSTRA?
Oystra is a project by Richmind in collaboration with Zaha Hadid Architects.
WHAT TYPES OF UNITS ARE AVAILABLE IN OYSTRA?
At Oystra, you can buy 1 to 3-bed premium waterfront apartments in the UAE.
IS OYSTRA A FREEHOLD PROPERTY FOR FOREIGNERS?
Yes, foreigners looking for freehold property in Al Marjan Island can consider these beachfront apartments in Ras Al Khaimah
WHICH AREA EXPERT BROKERS CAN HELP ME GET THE DEAL DONE?
Here’s a list of the top Al Marjan Island real estate agents:
That brings an end to our review of this property. With a delivery date of 2029, you can invest in Oystra Al Marjan Island and reap the rewards in the medium term. As RAK grows further, the demand for property is only likely to rise further. Especially these luxury apartments by Zaha Hadid at Al Marjan Island would be eyed by many.
You can also consider other off-plan properties in Al Marjan Island.
