LONDON, February 2026 — Richmind Development, the UAE-based ultra-premium property developer, has arrived in London with an exclusive month-long showcase of Oystra, its architectural landmark on the waterfront of Al Marjan Island, Ras Al Khaimah, hosted at the world-renowned Harrods, Knightsbridge.
The activation, located near Door 6 throughout February, follows the complete sell-out of Phase 1 and an exceptional wave of global investor demand, bringing one of the Gulf region’s most anticipated luxury residential developments directly to London’s ultra-high-net-worth community.
A Landmark That Has Already Captured the World’s Attention!
Designed by the iconic Zaha Hadid Architects, Oystra is more than a residence, it is a sculptural coastal statement. With interiors by the globally acclaimed Hirsch Bedner Associates (HBA), landscape architecture by Cracknell, and local architectural consultancy by Dewan Architects + Engineers, the development represents a rare convergence of world-class creative talent and visionary placemaking.
Situated moments from Wynn Resort, the Gulf region’s first integrated gaming and hospitality destination, Oystra commands one of the most strategically positioned addresses on Al Marjan Island’s emerging ultra-prime coastline.
The immersive Harrods installation invites London’s leading investors, family offices, and property professionals to discover Oystra’s long-term investment proposition firsthand.
Residences Conceived as Generational Legacy Assets
Oystra offers a highly curated residential collection, including:
- Premium one, two and three-bedroom signature residences from £675,000
- Ultra-luxury penthouses and private waterfront villas from £18 million
Each residence is conceived as a generational legacy asset, integrating:
- Sculptural, art-and-nature-inspired architecture
- Wellness-led amenities, including a signature 360° infinity pool
- A curated beachfront and branded beach club experience
- Hospitality-grade interiors with long-term lifestyle appeal
With anticipated handover scheduled for Q2 2029, Oystra combines architectural distinction with strong long-term capital appreciation fundamentals, offering investors early positioning within a destination at a defining moment in its growth.
Ras Al Khaimah: The UAE’s Next Ultra-Prime Coastal Frontier
Ras Al Khaimah is rapidly establishing itself as one of the Gulf’s most compelling investment destinations. Recording over 1.2 million tourism arrivals in 2023, with double-digit annual growth, the emirate is accelerating across infrastructure, hospitality, and international investment, attracting global capital at scale.
As large-scale developments reshape its coastline, Ras Al Khaimah offers precisely what sophisticated investors seek: scarcity-driven beachfront inventory at a formative stage of growth. Oystra sits at the very centre of this inflection point.
Notably, more than 50% of Phase 1 buyers originated from Europe — a powerful signal of the international confidence being placed in both the development and the destination.
Leadership Perspective
“London remains a global capital hub for investors seeking rarity, architectural pedigree, and early positioning in transformative destinations. Oystra is not simply a residence, it is architectural legacy in motion. The future of ultra-luxury living belongs to projects that combine sculptural design, waterfront scarcity, and long-term capital resilience. That is the philosophy we are bringing to London.”
Mohammad Rafiee, Chief Executive Officer, Richmind Development
About Oystra
Oystra is a waterfront residential landmark on Al Marjan Island, Ras Al Khaimah, designed by Zaha Hadid Architects. With interiors by Hirsch Bedner Associates, landscape architecture by Cracknell, and local consultancy by Dewan Architects + Engineers, Oystra offers a curated collection of signature residences, penthouses, and private waterfront villas. Handover is anticipated in Q2 2029.
About Richmind Development
Richmind Development is an ultra-premium real estate developer headquartered in the UAE, specialising in ultra-niche, design-led developments that merge architectural artistry with long-term investment value.
Led by Mohammad Rafiee, Richmind collaborates exclusively with globally respected partners to deliver landmark projects defined by innovation, craftsmanship, and purposeful luxury.
Its inaugural development, Oystra on Al Marjan Island, establishes a new benchmark in waterfront living and signals the company’s expanding international footprint across Europe and Asia.
For investor & Sales Enquiries, Oystra at Harrods: Visit the Oystra showcase near Door 6, Harrods, Knightsbridge, throughout February 2026.
For more information, please visit: https://richmind.com/
