Developer profile
Richmind Developer of Oystra on Al Marjan Island
Richmind is a Dubai-based developer, registered as Richmind Properties LLC and led by CEO Mohammad Rafiee, with, according to the company, a development pipeline of over $1 billion. Its UAE launch is Oystra, a seafront project on Al Marjan Island in Ras Al Khaimah designed by Zaha Hadid Architects. Explore every Richmind project in our catalog.
- 1projects on Empire City
- 1communities
- 850Oystra residences
- $1bn+pipeline (company data)
- CEO
- Mohammad Rafiee
- Company
- Richmind Properties LLC
- Established
- 2010 (Property Finder)
- Markets
- UK, Germany, China, UAE
- Signature project
- Oystra, Al Marjan Island
- Architect
- Zaha Hadid Architects
About Richmind
Richmind is headquartered in Dubai and, according to Property Finder, was established in 2010. Richmind Holding, led by CEO Mohammad Rafiee, operates in the UK, Germany, China and the UAE.
In April 2025 Richmind launched Oystra on Al Marjan Island, its entry into Ras Al Khaimah. Designed by Zaha Hadid Architects, it offers apartments, duplexes, penthouses and waterfront villas around a 150-metre crystal lagoon.
Construction began in December 2025 after Phase One sold out, and Phase Two was released. Oystra will have 850 seafront residences, with handover planned for Q1 2029.
Richmind Projects in Dubai
1 projects by Richmind on our site — new launches, projects under construction and ready homes.
Get the Latest Richmind Price List and Offers
Prices, availability and payment plans change with every launch. Leave your number and we will send you the current Richmind price list with the best available units.
- New launches
- Payment plans
- Available units
- Floor plans
Master Communities by Richmind
Al Marjan Island
Oystra and Oystra Phase 2.
Why Buy from Richmind
- 01
Star architect
Oystra designed by Zaha Hadid Architects.
- 02
Seafront living
Private shoreline and crystal lagoon.
- 03
Construction under way
Ground broken in December 2025.
- 04
Off-plan launches
Staged payment plans.
Frequently Asked Questions about Richmind
Who leads Richmind?
Mohammad Rafiee is CEO.
What is Oystra?
A Zaha Hadid Architects-designed project of 850 seafront residences by Richmind on Al Marjan Island.
When is Oystra due?
Handover is planned for Q1 2029.
Do Richmind off-plan projects come with payment plans?
Most off-plan Richmind launches are sold with staged payment plans. The terms differ from project to project, so we send you the current plan for each project you are interested in.
Can foreigners buy Richmind property?
Ownership rules depend on the emirate and the specific project. Our team will check whether foreign buyers can own property in the Richmind project you are interested in and guide you through the purchase.
How many Richmind projects are listed on Empire City?
Our catalog currently lists 1 Richmind projects in Dubai, with listed prices starting from $790,456. Contact us for the full, up-to-date list of units for sale.
Choose a Richmind Property with Our Experts
Tell us your budget and goals — we will shortlist Richmind projects, send floor plans and payment plans and arrange viewings.
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