LONDON — February 2026 — Following strong global investor demand and the complete sell-out of Phase 1, Richmind Development brings its month-long international showcase of Oystra at Harrods in London.
Located near Door 6 throughout February, the installation introduces London’s ultra-high-net-worth investors, family offices, and property leaders to Oystra — a sculptural waterfront landmark on Al Marjan Island in Ras Al Khaimah, positioned moments from Wynn Resort, the first integrated gaming resort in the Gulf region.
Toward the end of the month, Richmind will host a private, invitation-only HNI evening at Harrods, offering select guests a curated presentation of Oystra and its long-term investment proposition.
A Design-Led Coastal Landmark
Oystra is a waterfront masterpiece designed by Zaha Hadid Architects, with interiors by Hirsch Bedner Associates (HBA), landscape architecture by Cracknell, and local architectural consultancy by Dewan Architects + Engineers.
Conceived as an ultra-niche architectural statement, Oystra integrates:
- Sculptural, art-and-nature-inspired design
- Wellness-led amenities, including a signature 360° infinity pool
- A curated beachfront and branded beach club experience
- Limited-edition residences positioned as generational legacy assets
Phase 1 is fully sold out, with more than 50% of buyers originating from Europe — underscoring a significant shift of international capital toward Ras Al Khaimah’s emerging ultra-prime coastline.
Ras Al Khaimah: The UAE’s Next Ultra-Prime Coastal Frontier
Ras Al Khaimah recorded over 1.2 million tourism arrivals in 2023, marking double-digit annual growth, as the emirate accelerates infrastructure expansion and global hospitality investment.
As large-scale international developments reshape its waterfront, Ras Al Khaimah is emerging as the UAE’s next ultra-prime coastal frontier — offering scarcity-driven beachfront inventory at a formative stage of growth.
Oystra sits at the centre of this inflection point.
Visionary Perspective from Leadership
“London remains a global capital hub for investors seeking rarity, architectural pedigree, and early positioning in transformative destinations,” said Mohammad Rafiee, Chief Executive Officer of Richmind Development.

“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.”
Ultra-Luxury Residences
Oystra offers a highly curated residential mix of premium one, two and three-bedroom signature residences from GBP 675,000alongside ultra-luxury penthouses and private waterfront villas from GBP 18Mreinforcing Oystra’s positioning within the ultra-premium segment of the UAE real estate market.

With anticipated handover in Q2 2029, the development combines:
- Architectural distinction
- Hospitality-grade interiors
- Branded lifestyle experiences
- Strong long-term appreciation fundamentals
Private HNI Evening at Harrods
The exclusive HNI event at Harrods later this month will provide invited guests with deeper insights into Oystra’s architectural philosophy, investment fundamentals, and waterfront positioning.

The event reflects Richmind’s strategy of engaging directly with sophisticated capital within globally recognised luxury environments.
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 more information, visit:
https://richmind.com/
https://richmindholding.com/
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