Richmind announces their exclusive project Oystra designed by Zaha Hadid at Al Marjan Island, Rak
Richmind Holding, a well-known group of companies and a leading developer, has entered the UAE luxury Real Estate Market. According to officials, their first project will be located in Al Marjan island, Ras Al Khaimah, where they will develope the emirateโs first premium project designed by renowned architect Zaha Hadid.
The launch event for the project will be held on April 25th at Coca-Cola Arena from 5 PM, featuring a special performance by renowned English singer Craig David for an exclusive audience.
During the signing ceremony with Zaha Hadid architect, Mohammed Rafiee, CEO of Richmind, said: โOur upcoming project isnโt just a structure โ itโs a living, breathing statement of art and intentโ. He further said โBringing Craig David to Dubai for this occasion reflects our appreciation for global music and our ongoing support for local culture and the arts. We believe architecture should inspire and engage with its surroundings and its people โ and this event embodies that belief.โ
Talking about his first launch on Al Marjan Island, Mohammed Rafiee said, โWith the growing demand for ultra-premium living experiences and strong international investment interest, the timing is perfect to introduce our transformative approach to authentic luxury living. Our first project at Al Marjan Island will be a testament to our commitment to setting new benchmarks in the industry.โ

Oystra will feature luxury residences, including apartments, duplexes, and penthouses. It will also feature world-class beach club and spa brands, along with a celebrated culinary concept located at the highest point of the project. This iconic dining destination will be surrounded by Ras Al Khaimahโs first and only 360ยฐ infinity pool, offering some of the most breathtaking views on Al Marjan Island.
With the target of delivering over 1,000 premium units this year, we are actively working and driving market growth by creating lucrative opportunities for investors seeking long-term returns and a premium lifestyle.