Oystra by Richmind: Apartments on Al Marjan Island, Ras Al Khaimah
Oystra is a residential apartment project by Richmind on Al Marjan Island, Ras Al Khaimah. Ground broke in April 2025. The expected completion date is February 2029. Buyers entering now are committing to approximately four years of off-plan holding before handover.
Al Marjan Island: Location and What It Means in Practice
Al Marjan Island is a purpose-built waterfront district on the Arabian Gulf coast of Ras Al Khaimah. Dubai International Airport is roughly 45 to 50 minutes by road. Downtown Dubai and the Marina sit 50 to 60 minutes out depending on traffic. That travel time is the defining variable for most buyers evaluating this location.
For residents who work in Ras Al Khaimah, work remotely, or spend most of their time on the island, the location delivers: beach access, a lower-density environment, and leisure infrastructure built into the fabric of the district. For buyers whose daily life depends on quick access to Dubai's central business areas, the commute is a real recurring cost.
The island was developed as a self-contained residential and leisure destination. The beaches, restaurants, and amenities are part of the district plan rather than adaptations to an existing urban core. For residents, that produces a coherent day-to-day environment within a compact, self-contained geography.
AED 2.59M to AED 7.17M: What the Spread Tells You
The price range on Oystra is wide. AED 2,586,888 at the entry point and AED 7,169,888 at the top represent a near three-to-one ratio within a single apartment project.
A spread that large reflects real variation in what buyers are actually purchasing. At the lower end, the entry point likely corresponds to a compact apartment, well suited as an investment property or a secondary residence. At the upper end, the pricing reflects larger layouts with premium floor positioning and waterfront orientation. On Al Marjan Island, where the surrounding water is the primary locational asset, floor level and view drive a meaningful part of the price gap between a compact lower-floor unit and a larger apartment higher up. The range gives Oystra reach across investor buyers, owner-occupiers, and lifestyle buyers at a single address.
Amenities: Resort Facilities in a Residential Setting
| Theme | Amenities |
|---|---|
| Sport & Wellness | Gymnasium, Yoga Room, Indoor Swimming Pool |
| Outdoor & Leisure | Golf Course, Beach Club, Landscaped Gardens, Children's Play Area |
| Dining & Services | Restaurants, CCTV Security, Pets Allowed |
Ten amenities and the mix is distinctive. The golf course and beach club are high-infrastructure additions that push Oystra beyond a standard residential apartment offering. Alongside the gym, yoga room, and indoor pool, the overall set is oriented toward active, wellness-focused residents. The mix covers both high-end leisure and family practicality at the same time. The children's play area and pet-friendly policy indicate that families and longer-term residents are firmly within the target demographic.
Getting In at 10% Down
| Stage | Percentage |
|---|---|
| Down payment | 10% |
| During construction | 50% |
| At handover | 40% |
The 10% down payment is the headline figure. The remaining obligation splits between the construction period (50%) and the handover moment (40%). The 40% at completion, falling due in February 2029, is the largest single payment in the schedule. There is no post-handover plan, meaning the purchase price is fully settled at or before handover.
February 2029: The Off-Plan Timeline
Construction started in April 2025. Completion is targeted for February 2029. For an off-plan buyer entering now, that four-year build period covers the spread of construction-phase payments and leaves a defined horizon before the final 40% falls due at handover.
