Oystra is a residential development on Al Marjan Island in Ras Al Khaimah comprising apartments, exclusive duplex villas and penthouses. Modern architecture by Zaha Hadid Architects, interiors by HBA and developed infrastructure make the project ideal for living and investment.
60/40
Payment Plan
Q1 2029
Handover
AED 2,800,000
Starting Price
Oystra by Richmind is a new residential development located on the artificial archipelago of Al Marjan Island in the Emirate of Ras Al Khaimah. The project combines architectural expression and rich internal infrastructure, offering a high standard of living and stable investment potential.
The architecture of the development was designed by Zaha Hadid Architects, whose projects are known worldwide for their dynamic forms and progressive design solutions. The interiors of the apartments at Oystra by Richmind are designed by international studio HBA.
The residential collection includes 1, 2 and 3 bedroom apartments, duplex villas and penthouses. The floor area of these properties in Ras Al Khaimah ranges from 850 sqft (79 m²) for 1-bedroom layouts and up to 2450 sqft (228 m²) for 3-bedroom properties. All of these apartments on Al Marjan Island are complemented by spacious balconies and panoramic windows offering views of the Arabian Gulf.
A key advantage of the project is the wide range of amenities. On-site concierge service, fitness centre, yoga rooms, spa, saunas, infinity pool and heated pool are provided. Residents have access to a beach club, padel court, golf simulator, sunbathing terraces, landscaped gardens, art gallery, cinema and lounges. There are playgrounds for families with children and a separate park for pet owners to walk their pets. Oystra by Richmind also includes underground parking, shops and a medical center.
The developer offers convenient purchase terms: an interest-free 60/40 payment plan with a down payment of only 10% for buying this property on Al Marjan Island. Completion is scheduled for Q1 2029.
Renders may look slightly different than real life photos
Renders may look slightly different than real life photos
1-Bedroom
2-Bedroom
3-Bedroom
FROM AED 2,800,000 ($762,300)
Total Area: 850 sqft (79 m²)
FROM AED 4,700,000 ($1,279,600)
Total Area: 1550 sqft (144 m²)
FROM AED 7,900,000 ($2,150,800)
Total Area: 2450 sqft (228 m²)
FOR YOU & YOUR FAMILY
Investing in Ras Al Khaimah real estate offers a path to long-term residency with multiple benefits. A 2-year renewable visa is available for property investments of AED 750,000 ($204,200), granting residency and family sponsorship, and access to the city’s many advantages.
For extended residency, a 5-year visa requires a minimum investment of AED 2,000,000 ($544,500) in fully owned property, held for at least three years. This visa provides family sponsorship and long-term security with renewal options.
The 10-year Golden Visa, also requiring AED 2,000,000 ($544,500), allows unrestricted family sponsorship and offers premium services like healthcare, education, and long-term peace of mind. It is renewable, ensuring stability and flexibility to establish permanent residency.
To qualify for the 10-year Golden Visa, the property must be fully paid, registered in the investor’s name, and meet specific criteria regarding type and location. The 5-year visa has simpler requirements, allowing any property type as long as it’s held for three years.
These flexible visa options support long-term investments and secure your future in Ras Al Khaimah.
Step-by-Step Procedure
Requirements for Applicants
Conditions for A Golden Visa
Frequently Asked Questions
Al Marjan Island is a man-made archipelago located in the Arabian Gulf off the coast of the Emirate of Ras Al Khaimah. It consists of four islands: Breeze Island, Treasure Island, Dream Island and View Island. The archipelago has a total length of about 4.5 kilometres and a coastline of 7.8 kilometres.
The main advantage of Al Marjan Island is its strategic location. The archipelago is only 30 minutes from Ras Al Khaimah International Airport and approximately 45 minutes from Dubai Airport. With a well-developed road network and direct access to major highways, residents and tourists can easily access the region's business and cultural centres.
Several upscale resorts are already operating on the island, including Rixos Bab Al Bahr, DoubleTree by Hilton and Mövenpick Resort Al Marjan Island. The Wynn Al Marjan Resort, the region's largest entertainment resort with a casino, is set to open in the coming years.
There are supermarkets, pharmacies, medical clinics, cafes and restaurants on Al Marjan Island and in its immediate vicinity. Shopping centres such as Al Hamra Mall and RAK Mall are a short drive away. International establishments including Mexican cuisine, pan-Asian restaurants, steakhouses and family-run cafes are popular amongst restaurants. Educational facilities, including public schools and kindergartens, are located in the Al Hamra Village area and Mina Al Arab is approximately 10-15 minutes' drive away.
Al Marjan Island offers a variety of activities including water sports, fishing, yachting, beach holidays, fitness facilities, spas and evening shows. Active travellers will find jogging and cycling tracks, as well as yoga and beach volleyball courts.
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Oystra by Richmind on Al Marjan Island in the Emirate of Ras Al Khaimah is an attractive investment opportunity due to its combination of high rental income, expected capital growth and favourable tax environment.
The average rental yield for apartments on Al Marjan Island is 7.5% per annum. Returns are particularly high in the short-term rental segment, where ROI can reach 9.43%.
With the opening of Wynn Al Marjan Resort, the first licensed casino in the UAE, annual tourist arrivals are expected to increase to 5.6 million. This will lead to an increase in demand for property rentals on Al Marjan Island and consequently an increase in return on investment.
In addition, property values on Al Marjan Island are projected to increase by 20-30% over the next 3-5 years. This is due to limited supply, high demand and major infrastructure investments in the region.
Investors can also take advantage of the benefits of the free economic zone, including no property tax, no capital gains tax and the possibility of 100% foreign ownership. This makes investing in apartments at Oystra by Richmind not only profitable but also legally secure.
Oystra by Richmind is located on Al Marjan Island, an artificial archipelago in Ras Al Khaimah.
The development offers 1-3 bedroom apartments as well as duplex villas and penthouses. The sizes range from 850 sqft (79 m²) to 2450 sqft (228 m²) and more.
The starting price for a 1-bedroom apartment is AED 2,800,000 ($762,300).
Buyers can avail of a 60/40 interest-free payment plan for buying these apartments on Al Marjan Island, where 10% is the down payment.
According to the developer's schedule, the completion of this property in Ras Al Khaimah is scheduled for Q1 2029.
Residents will have access to a fitness centre, yoga rooms, spa and saunas, infinity pool, heated pool, beach club, play spaces for children and adults, golf simulator, padel court, art gallery, medical centre, underground parking, shops, lounges and sunbathing terraces.
If You Have Any Questions About Real Estate in The UAE, I'd Be Happy to Answer
FROM AED 780,000 ($212,400)
FROM AED 1,050,888 ($286,100)
FROM AED 5,670,000 ($1,543,700)
UAE GOLDEN VISA
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