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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
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.
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.
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.
Economic appealfor investors
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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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 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.
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.
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.
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
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.
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