By worldbusinesstoday.team@gmail.com 
LONDON, February 2026 — UAE ultra-premium developer Richmind Development has brought its flagship waterfront project Oystra to London through an exclusive Harrods showcase, following the complete sell-out of Phase 1 and growing demand from international investors seeking early access to Ras Al Khaimah’s evolving luxury coastline.
Located near Door 6 throughout February, the activation introduces London’s high-net worth investors, family offices and property advisors to one of the Gulf region’s most anticipated waterfront developments, combining architectural distinction with strong long term investment fundamentals.
A landmark project backed by global design pedigree
Designed by Zaha Hadid Architects, Oystra represents a sculptural waterfront residential destination on Al Marjan Island, supported by interiors from Hirsch Bedner Associates (HBA), landscape architecture by Cracknell and regional consultancy by Dewan Architects + Engineers.
Strategically positioned moments from the upcoming Wynn Resort — the Gulf’s first integrated gaming and hospitality destination — the development sits within a location widely regarded as a future catalyst for tourism growth, rental demand and capital appreciation.
The immersive Harrods presentation offers investors a direct introduction to a project entering the market at a defining stage of Ras Al Khaimah’s transformation.
Scarcity-led residences designed for long-term value
Oystra features a curated residential collection including one- to three-bedroom signature residences starting from £675,000, alongside ultra-luxury penthouses and private waterfront villas priced from approximately £18 million.
Amenities emphasise experiential waterfront living, including a panoramic infinity pool, curated beachfront environments, a branded beach club and hospitality-grade interiors designed to support both personal use and long-term rental positioning.
With completion anticipated in Q2 2029, the project offers investors early positioning within a destination experiencing accelerated infrastructure expansion and global visibility.
Growing international demand signals market confidence
Ras Al Khaimah continues to emerge as one of the Gulf’s most compelling investment destinations, recording more than 1.2 million visitors in 2023 alongside sustained double digit growth across tourism and hospitality sectors.
Richmind Development reports that European buyers accounted for over 50% of Phase 1 purchasers, highlighting strong cross-border confidence in both the development and the emirate’s long-term trajectory.
Mohammad Rafiee, Chief Executive Officer of Richmind Development, noted that investors are increasingly prioritising destinations offering architectural identity, waterfront scarcity and early-cycle growth potential.
About Oystra
Oystra is a waterfront residential development on Al Marjan Island, Ras Al Khaimah, designed by Zaha Hadid Architects with interiors by Hirsch Bedner Associates, landscape architecture by Cracknell and consultancy by Dewan Architects + Engineers. Completion is anticipated in Q2 2029.
About Richmind Development
Richmind Development is a UAE-based ultra-premium real estate developer specialising in design-led residential projects that combine architectural distinction with long-term investment value across emerging global luxury markets.
The Oystra showcase is open to investors at Harrods, Knightsbridge, throughout February 2026.
For more information: https://richmind.com/