Richmind Unveils ‘Oystra’ on Al Marjan Island: A Zaha Hadid-Designed Icon in UAE Real Estate with $1B Future Pipeline

Richmind redefines coastal luxury with Oystra on Al Marjan Island.

Richmind, a premium real estate developer known for its ultra-niche projects, has officially launched Oystra, a revolutionary waterfront residential development located on Al Marjan Island, Ras Al Khaimah. This architectural marvel, designed by the globally acclaimed Zaha Hadid Architects (ZHA), signals Richmind’s strategic entry into the UAE property market alongside a projected future development pipeline exceeding USD 1 billion.

With pricing starting at AED 2.9 million and handover expected in Q1 2029, Oystra isn’t just another luxury address; it is a statement of design innovation and elevated living. A signature element of this project is its seamless blend of architectural artistry and lifestyle-centric amenities, reinforcing Ras Al Khaimah’s transformation into a high-end tourism, investment, and leisure destination. Notably, this masterfully planned development also sits in close proximity to the UAE’s first entertainment and gaming zones, positioning it as a strategic hub for both affluent residents and global travellers.

The launch event, held at the Coca-Cola Arena Dubai, was a spectacle of art, culture, and music. A crowd of industry leaders, design aficionados, and dignitaries gathered to witness the grand reveal. British music sensation Craig David delivered a powerful live performance while Edenojie, the Nigerian artist and winner of Richmind’s “Sing Your Way to 30K” competition, opened the night. The initiative reflects Richmind’s strong commitment to community-building and artistic empowerment, values that align with broader wellness and inclusive tourism trends including autism travel. Oystra’s sensory-friendly amenities and inclusive design considerations create promising potential for autism travel-focused families seeking serene yet stimulating destinations.

Oystra will feature a curated selection of one- to four-bedroom apartments, luxury duplexes, penthouses, and beachfront villas. Each residence is crafted with premium materials and panoramic Arabian Gulf views in mind. Architecturally inspired by the natural flow of the sea and sky, the development embodies a sculptural yet functional aesthetic.

Christos Passas, Director of Design at Zaha Hadid Architects, commented, “Our design for Oystra is inspired by motion and openness. It’s not just about space; it’s about creating emotional resonance through built form.” His sentiment echoes Richmind’s CEO, Mohammad Rafiee, who described Oystra as “a jewel in our development portfolio… a bold expression of originality and vision.

Beyond its striking design, Oystra offers residents access to a 150-metre crystal lagoon, a private shoreline, and the Emirate’s first 360-degree infinity pool positioned atop the tower for unmatched panoramic views. The project also includes a beach club offering ultra-premium service, yoga pavilions, paddle courts, a golf simulator, artisanal cafés, and landscaped areas, all enhanced by a five-star concierge team for bespoke lifestyle management.

Further amplifying its prestige, the project is backed by a globally elite team including HBA for interiors, Dewan Architects, and Cracknell for landscaping. This convergence of excellence reflects Richmind’s dedication to delivering unparalleled real estate experiences.

Bilal Muhammad
Bilal Muhammad
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