Officials at the ground-breaking ceremony.
Richmind, a premium real estate developer, has broken ground on Oystra, a landmark waterfront residential project on Al Marjan Island, Ras Al Khaimah.
Designed by Zaha Hadid Architects (ZHA), Oystra represents a defining moment in Ras Al Khaimah’s emergence as the UAE’s next top-class coastal destination, said the developer.
Located just steps from the UAE’s first integrated resort, Wynn Al Marjan Island, it offers 850 one- to four-bedroom luxury seafront residences.
The development will feature curated wellness facilities, a beach club and spa, and a signature dining destination elevated at the project’s peak, encircled by Ras Al Khaimah’s first and only 360-degree infinity pool, offering some of the most dramatic views on Al Marjan Island, it stated.
With Phase One fully sold out, the ground-breaking marks a significant milestone and signals the formal launch of Phase Two, now on sale.
According to Richmind, the sellout of Phase 1 underscores growing investor confidence in high-growth beachfront markets like Ras Al Khaimah and affirms Oystra’s position as one of the most sought-after developments on Al Marjan Island. Construction remains firmly on track for the 2029 handover.
Oystra brings together a world-renowned team of partners for the project. ZHA leads the visionary design, introducing a sculptural, fluid architectural form, while Dewan Architects + Engineers translates this ambition into technical reality through innovations such as the 40-m curved steel truss that preserves ZHA’s purity of form.
HBA delivers hospitality-grade interiors, while Cracknell creates a landscape that becomes an extension of the architecture and the seafront environment.

