If Ras Al Khaimah were a person, today would be the moment it looks in the mirror, flips its hair, and says, “Yes, I am that coastal icon.” Because Richmind has officially broken ground on Oystra, a Zaha Hadid Architects–designed masterpiece on Al Marjan Island — and honestly, the future of luxury waterfront living just got a glow-up no one was prepared for.
Oystra isn’t just another pretty building popping up by the beach. No, no. This is the real-estate equivalent of a plot twist, a mic drop, and a grand entrance rolled into one. Phase 1? Gone. Sold out. Swept off the shelves faster than front-row Beyoncé tickets. And with Phase 2 officially on sale, investors are circling faster than seagulls around french fries. RAK’s rise as the UAE’s next world-class coastal destination? Fully confirmed.
A Zaha Hadid Architectural Fantasy Come to Life
Let’s get this out of the way — Oystra is not here to be subtle. Sculptural curves, fluid lines, and a form so futuristic it may or may not have its own fan club already. Zaha Hadid Architects dreamt it, and Dewan Architects + Engineers figured out how to make it real without breaking physics. Case in point? A 40-metre curved steel truss engineered just to keep ZHA’s design perfectly pure. That’s not a building; that’s dedication.
Then there’s HBA, sprinkling hospitality magic all over the interiors, and Cracknell, crafting outdoor spaces that flow into the seafront like a private coastal universe. Together, this dream team is creating a development that isn’t just built — it’s curated.
The Island’s Next Big Icon — With Serious Neighbourhood Energy
Located steps away from Wynn Al Marjan Island — yes, that Wynn — Oystra is positioned in the UAE’s buzziest new neighbourhood, where luxury meets entertainment and the sunsets do half the marketing.
The project will feature:
- 850 luxury seafront residences (1 to 4 bedrooms)
- A world-class beach club and spa
- Curated wellness and lifestyle facilities
- A signature dining destination perched at the peak
- RAK’s first and only 360° infinity pool — because why settle for partial panoramas when you can have the entire horizon?
Think of it as living on vacation mode, but with a design pedigree that could star in its own architectural documentary.
Investor Confidence: Sky-High and Rising
If anyone needed proof that the world is watching Ras Al Khaimah — Phase 1 of Oystra sold out before you could even blink. Global and regional buyers clearly understand the assignment: premium beachfront living + iconic architecture + a high-growth market = a very smart long-term move.
“Al Marjan Island has always been envisioned as a premier waterfront destination, and the groundbreaking of Oystra marks an exciting milestone in the island’s continued growth. Richmind’s commitment to design excellence and world-class partnerships, reinforces the international appeal of Ras Al Khaimah and elevates the lifestyle offering for residents and investors alike,” says Arch. Abdulla Al Abdouli, Group CEO, Marjan.
Mohammad Rafiee, CEO of Richmind Holding, said: “Oystra is more than a development, it is a milestone in Ras Al Khaimah’s rise as a global coastal investment destination. The rapid sellout of Phase 1 reflects growing international interest in the emirate, as buyers increasingly seek premium, design-led beachfront properties with strong long-term value potential. This groundbreaking is not just the start of construction, it is an affirmation of our long-term commitment to supporting the emirate’s evolution and delivering a project that embodies rarity, architectural excellence, and enduring value for our clients and investors.”
A 2029 Handover Worth the Wait
Construction is already underway, with the 2029 handover locked in. And knowing the team behind this project, we’re expecting something that doesn’t just redefine the skyline — it sets a brand-new standard for what coastal living in the UAE should feel like.
Richmind Holding, already active across the UK, Germany, China, and the UAE, is gearing up for more international growth. But with Oystra, they’re planting a flag: the future of waterfront living is being written right here on Al Marjan Island.
