Richmond District by Mira Developments at Al Furjan

Richmond District at Al Furjan

Richmond District is a new branded residential development by Mira Developments in collaboration with John Richmond. It introduces Dubai’s first John Richmond–branded residences featuring fully furnished apartments with a design-led lifestyle concept.

The project combines residential, retail, wellness and leisure components. Located in Al Furjan, the development enjoys good transportation connectivity including direct metro access. Talking about unit mixes and overall structure, the master plan has 5 residential buildings and 1 office tower. All residences come with the benefits of being move-in ready, also with 5-star hotel services.

🔑 Key Highlights of Richmond District

John Richmond–branded residences

5 residential towers & 1 office tower

Designed around water, wellness and lifestyle

Located next to Discovery Gardens Metro Station

Fully furnished, move-in-ready apartments

Offers 5-star hotel-style services

Features adaptive mashrabiya architecture

Retail, dining, wellness within the same community

Payment Plan

The project offers a flexible and investor-friendly payment structure with a post-handover option. In it, buyers can spread the cost over time with minimal upfront commitment. This is a popular 45:5:50 payment structure in which 10% of the total amount is to be paid on booking, 35% during construction, 5% on handover and the left 50% on post handover.

10%

Down Payment

On Booking

35%

During construction

In Easy Installments

On handover

On 100% Completion

50%

Post-handover

On completion of handover

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Features & Amenities

When it comes to features and amenities, the project has a plethora of them focusing on the overall convenience and comfort of people living in there. The project offers a hotel-style living experience and is supported by branded interiors and a shared podium that connects all buildings. Please find below some of the features and amenities.

Lagoon

Swimming pools

Fitness centre

SPA

Padel court

Lounge spaces

Cafes

Yoga zone

LOCATION ADVANTAGES

Richmond District is located in Al Furjan, one of Dubai’s most established residential communities. It offers convincing connectivity options to important highways. Which means residents can have easy and convenient access to and from important highlights of the emirate. Its proximity to business hubs, leisure zones and airports means it has convincing end-user convenience and rental appeal. Given below are approximate distances of the project from important highlights of the emirate.

2 min – Discovery Gardens Metro Station

15 min – Dubai Marina

25 min – Palm Jumeirah

25 min – Al Maktoum International Airport

30 min – Downtown Dubai

Why Invest In Richmond District ?

There are several reasons for one to invest in this project. First of all, apartments in Al Furjan usually generate approximately 6.5% to 7.5% gross rental yield and with studios and 1BR units performing higher. Another important thing is that the area attracts professionals working in Jebel Ali, Expo City and Dubai South. What it means is that the project should benefit from a good occupancy level and reduced vacancy rate.

Properties near Discovery Gardens and metro stations lease faster and perform better. So, this is a good opportunity for future capital appreciation for investors. Then, fully furnished, designer-branded residences can offer good rent and generate more tenant appeal if they are compared to standard units.

So, if talking about rental appeal and future capital appreciation benefits, it can be said that this project has convincing opportunities for investors.