Miraggio by Source of Fate – Sea-View Apartments on Al Marjan Island

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From AED 1.2M (USD 326K)

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Handover Q4 2028

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Payment Plan Easy 60/40

About Miraggio

Elevated Coastal Living on Al Marjan Island

Miraggio offers 810 units, with only 48 limited-edition studios available across all towers. Featuring fully equipped kitchens, smart home systems, and modern open-plan layouts, these clean, resort-style interiors maximise natural light and sea views. Most residences include private balconies overlooking the Arabian Gulf. As the boutique developer Source of Fate's second major launch, Miraggio reflects the group’s vision for lifestyle-centric, architecturally elevated coastal living.

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Curated, Refined Amenities

Designed with a focus on privacy, wellness, and high-end amenities, Miraggio features a state-of-the-art gym, infinity pool, children’s play area, 24/7 security, and lush landscaped gardens, complemented by nearby gourmet dining, leisure attractions, and a boutique retail environment.

Prime Location

With seamless connectivity to the Wynn Resort, Al Hamra Mall, golf courses, yacht clubs, and RAK International Airport, Miraggio blends serenity with convenience in one of the UAE’s fastest-evolving real estate corridors.

Why you will love this place

Infinity Pool

Miraggio offers a stunning sea‑view infinity swimming pool complemented by a children's water zone, perfect for relaxation, family fun, and panoramic views of the Arabian Gulf.

Why you will love this place

Retail Podium

Miraggio includes a retail podium with boutiques, cafés, and wellness outlets on its ground level, making daily life both convenient and luxurious.

Why you will love this place

Children's Play Areas

Families are well catered for at Miraggio, with dedicated kids’ play zones and splash areas, along with open activity lawns that encourage outdoor play.

Why you will love this place

Private Beach Access

Residents enjoy direct private access to pristine beaches, creating a resort-style atmosphere steps from their homes.

Why you will love this place

Waterfront Promenade

The panoramic waterfront promenade and landscaped gardens offer serene gathering spots and scenic strolls along the coastline.

Economic appealfor investors

The Centre of a Tourism Hotspot

Miraggio combines ultra-prime positioning with a competitive pricing structure and excellent payment terms. With off-plan property prices in Ras Al Khaimah rising 15–20% in 2024 and tourism growth surging by 12%, Al Marjan Island has quickly become one of the UAE’s most promising investment hotspots.

The 5% pre-launch discount and 60/40 payment plan with 2 years post-handover make Miraggio a smart, accessible opportunity for investors seeking high ROI potential and long-term capital appreciation.

Units in Miraggio are expected to attract both short- and long-term tenants, especially with the launch of the Wynn Casino nearby. 1-bedroom apartments may command upwards of AED 90,000 per year with a projected ROI of 6–7%. With low supply and high demand on Al Marjan Island, investors purchasing at pre-launch prices could see double-digit appreciation before handover in Q4 2028.

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UAE's next premium tourism hub

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High rental yields expected

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Prime waterfront location

Attractive 60/40 Payment Plan from Source of Fate

  1. 10% Down Payment
  2. 10% On Signing SPA
  3. 35% During Construction
  4. 5% On Handover
  5. 40% Post Handover

About the developer

Source of Fate is a boutique luxury developer and a division of the Wheel of Fate Group, recognized for their visionary projects and sophisticated design standards. Known for blending innovation with elegance, Source of Fate focuses on high-end living experiences that resonate with modern end-users and discerning investors. Their first development set new benchmarks in the UAE’s coastal market, and Miraggio, their second, is set to elevate the bar even higher.

Location & Advantages

Al Marjan: UAE's Next Premium Destination

Al Marjan Island is a man-made archipelago off the coast of Ras Al Khaimah, designed for resort living with a focus on luxury hospitality, waterfront residences, and entertainment. Just 45 minutes from Dubai, the island offers a peaceful setting with sweeping sea and mountain views. It's home to world-renowned resorts, pristine beaches, and soon, the first casino in the region, making it one of the most anticipated lifestyle destinations in the UAE.

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Transport accessibility

Al Marjan Island is conveniently located just 40 minutes by car from Ras Al Khaimah International Airport, ensuring easy access for both residents and visitors. Its strategic coastal positioning also places it within reach of upcoming ferry links, including a proposed 10–15 minute ferry route to Sobha Siniya Island, further enhancing regional connectivity.

Nearest attractions

Miraggio is just minutes away from the Wynn Resort, the UAE’s first integrated casino resort, while residents also have quick access to Al Hamra Mall, Al Hamra Golf Club, and popular family destinations like RAK Beach, Al Hamra Marina & Yacht Club, and the natural beauty of Jebel Jais.

Developed infrastructure

Al Marjan features well-connected road networks linking to Sheikh Mohammed Bin Salem Road, ensuring smooth travel to RAK City Centre and Dubai within an hour. Residents enjoy access to essential facilities like healthcare centres, schools, supermarkets, and leisure zones, on Al Marjan and the mainland.

Metropolitan Group

Metropolitan Group is a leader in the international real estate market

With over 16+ years of experience, Metropolitan Group is one of the largest and most reliable agencies in the UAE. Our offices are located in Dubai, Abu Dhabi and Vienna.

Our awards:

No 4 Emaar Properties’ Broker Awards - 2023

No 1 Black Onyx Awards, Dubai Properties and Meraas Holding - 2023

No 1 Top Partner Metropolitan Premium properties - 2023

No 3 DAMAC Broker Awards Metropolitan Premium Proprties - 2023

You are in great hands

Andrew Laptev

I bought an apartment in Dubai with the help of this company. The transaction was completed easily and with minimal involvement from me. I am satisfied with the work of the company and recommend it to everyone interested in buying real estate in the UAE.

02 April 2024

Irina Severina

I bought apartments through the Metropolitan Premium Properties agency. The transaction was very fast, transparent and professional. The realtor manager helped to solve all the issues: we went to the notary together and registered at DEWA. Thank you very much! I recommend this company to everyone.

24 March 2024

Pam Spusta

The company's service is excellent! The manager helped to choose and showed the necessary property, answered all questions, helped with the check-in and resolved all organisational issues. Thank you so much for your help!

19 March 2024

Mario Korrai

I would like to thank and at the same time recommend the Metropolitan Premium Properties real estate agency! Everyone who values their time understands how important it is to find a professional who will quickly and accurately select the best options, since you can simply get lost in the number of objects. The company's agents helped us in many ways, shared their experience and were maximally involved in all the tasks that we faced during the transaction and not only.

11 March 2024

Mikhail Kozhevnikov

I have been cooperating with the company for almost two months. I would like to note the professional approach of the agents and the quick response to emerging issues. The residence was picked up in three weeks, and more than 20 apartments were viewed. After choosing the property, I got a significant discount from the developer, thanks to the efforts of the agents.  I am very pleased with the cooperation with Metropolitan Premium Properties!

08 Feb 2024

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