Advertisement banner21
Advertisement banner21

Richmind Announces Entry Into Premium Real Estate Development in the UAE

 

As part of its ambitious launch plan, Richmind’s first project is set to launch soon, in collaboration with the renowned Zaha Hadid Architects, located at the coveted Al Marjan Island, Ras Al Khaimah

 
By News Desk, March 3, 2025 UAE Real Estate
 

Richmind Announces Entry Into Premium Real Estate Development in the UAE
 

Richmind, a premium developer specialising in ultra-niche real estate products, and a flagship business vertical of Richmind Holding, is proud to announce its entry into the UAE market, introducing its transformative vision of premium real estate.  Positioned at the intersection of artistry, nature and design, Richmind is set to establish itself as a major player in the ultra-niche real estate segment.

In an event held at Atlantis The Royal, hosted by Richmind’s CEO Mr. Mohammad Rafiee, the brand was unveiled in the presence of Abdulla Al Abdouli - CEO of Marjan, Ammar Al Assam - CEO of Dewan Architects + Engineers and Christos Passas - Director of Design at Zahad Hadid Architects.

“We’re reintroducing the concept of premium, recalibrating exclusivity, and reimagining architectural excellence. We don’t just build structures; we create masterpieces—each with its own unique identity and personality. For us, this goes beyond business or profit. We’re building a legacy— that endures and inspires future generations. Collaborating with Zaha Hadid Architects is an immense source of pride but more so a validation of our values.  Like us, their devotion to true craftsmanship and bespoke designs  is what has elevated them to the heights they have reached,” says Mohammad Rafiee, CEO with, Richmind.

This year Richmind will bring over 1000 units to the market. As part of its ambitious launch plan, Richmind’s first project is set to launch soon, in collaboration with the renowned Zaha Hadid Architects, located at the coveted Al Marjan Island, Ras Al Khaimah.

Arch. Abdulla Al Abdouli, CEO, Marjan, said: “Al Marjan Island has been conceptualized to offer luxurious waterfront living within a premium leisure and lifestyle destination. We are delighted to welcome to our fold a premier developer like Richmind whose flagship project in association with world-renowned Zaha Hadid Architects, will no doubt add to the allure of our iconic island. Richmind’s focus on creating lasting value aligns with our commitment to curate an elevated lifestyle for investors and residents in Ras Al Khaimah.”

“Our partnership with Richmind was established over countless hours of collaboration and creative exploration that led to us coming together with an aligned vision for this project. We spent time as a team understanding the details of the project, being inspired by the beautiful landscape of the location and imbibing the customer's needs in the market, to come up with a design that is a masterpiece, which will become a jewel on this beautiful island,” says Christos Passas, Director of Design, Zaha Hadid Architects.

Redefining waterfront living, the mixed residential property will offer a combination of apartments, villas, duplexes and premium penthouses. It will also be home to globally renowned beach club and spa brands, as well as the latest location for a celebrated and established culinary concept that will be set at the highest point of the development, surrounded by Ras Al Khaimah’s first and only 360° infinity pool, offering some of the best views on Al Marjan Island.

Al Marjan Island  Ras Al Khaimah  Marjan  Richmind  Zahad Hadid Architects    

MORE FROM BUILT ENVIRONMENT

Abu Dhabi Freezes Rents:  Industry Reacts to Market Stabilisation Move
Abu Dhabi Freezes Rents: Industry Reacts to Market Stabilisation Move

The policy also closes one of the most widely used mechanisms for resetting rental rates: any new tenancy agreement drafted for a previously occupied asset must now be pegged to the rental value of the preceding contract, eliminating the common practice of repricing vacant units between tenancies.

June 3, 2026 UAE Property Management
Abu Dhabi Rent Hike Freeze: ADREC Implements Temporary Zero-Percent Increase Cap Across Capital's Property Sectors
Abu Dhabi Rent Hike Freeze: ADREC Implements Temporary Zero-Percent Increase Cap Across Capital's Property Sectors

Since late 2016, the emirate’s rental market has operated under a standard 5% annual escalation cap, which gave asset owners a predictable window for yield growth

June 2, 2026 UAE Real Estate
Building The Future Loops: How Holcim Is Anchoring Decarbonisation In The Gcc
Building The Future Loops: How Holcim Is Anchoring Decarbonisation In The Gcc

In this exclusive interview, Built Environment ME sits down with Holcim UAE’s Chief Financial Officer - Olivier Milhaud, to discuss market reception after the rebrand, the economics of low-carbon concrete, and how the group is utilizing artificial intelligence to accelerate its long-term net-zero targets

June 2, 2026 UAE Business
Emirati Developer GAF Property Shapes a New Residential Experience with Flow 25 in Abu Dhabi
Emirati Developer GAF Property Shapes a New Residential Experience with Flow 25 in Abu Dhabi

The project offers a range of amenities designed to enhance residents’ wellbeing, including outdoor swimming pools, a rooftop yoga pavilion, sky lounge and a wellness area featuring a sauna, cold plunge, and steam room, as well as fitness facilities, in addition to shared spaces and terraces designed for social interaction

June 1, 2026 UAE Real Estate
Grovy Developers, Wyndham to bring Ramada Residences to Dubai Islands
Grovy Developers, Wyndham to bring Ramada Residences to Dubai Islands

Oversubscribed event sees Expressions of Interest come in for the boutique branded residences

June 1, 2026 UAE Real Estate
AESG Inaugurates New Dubai Headquarters as Region's Engineering Demands Accelerate
AESG Inaugurates New Dubai Headquarters as Region's Engineering Demands Accelerate

The new headquarters consolidates AESG's Dubai-based teams onto a purpose-designed multidisciplinary high-performance environment

June 1, 2026 UAE Business
Designing for 2026: How Integrated Engineering is Rewriting the GCC’s Net-Zero Playbook
Designing for 2026: How Integrated Engineering is Rewriting the GCC’s Net-Zero Playbook

Building Information Modelling (BIM) allows multidisciplinary teams to coordinate performance targets while the design remains flexible, reducing late changes that often increase energy demand

June 1, 2026 UAE Business
DCT Abu Dhabi awards US$1.7 billion Construction Contract to ALEC for Sphere Abu Dhabi
DCT Abu Dhabi awards US$1.7 billion Construction Contract to ALEC for Sphere Abu Dhabi

Publicly listed UAE contractor ALEC Engineering and Contracting will deliver globally iconic immersive entertainment venue with construction set for completion by 2029

May 25, 2026 UAE Real Estate
Innovate Living Breaks Ground On Omoria Private Residences At Dubai Islands
Innovate Living Breaks Ground On Omoria Private Residences At Dubai Islands

Dubai Islands has emerged as a next-generation coastal community, combining island living with city proximity and full-scale infrastructure

May 25, 2026 UAE Real Estate
Rechitta: New AI-powered Communication Layer for Dubai’s Real Estate
Rechitta: New AI-powered Communication Layer for Dubai’s Real Estate

Designed to help developers and brokers respond to global market demand up to 10x more effectively

May 25, 2026 UAE PropTech
 
Subscribe to our newsletter