Project Name:
Miraggio
Location:
Al Marjan Island, Ras Al Khaimah
Developer:
Source of Fate Properties
Property Type:
Residential Apartments
Available Units:
810
Payment Plan:
60/40
Down Payment:
10%
Starting Price:
AED 1.2 M
Handover Date:
Q4 2028
Key Highlights
- Premium waterfront development on Al Marjan Island, Ras Al Khaimah, offering resort-style living with panoramic views of the Arabian Gulf
- Developed by Source of Fate Properties, a boutique luxury brand under the Wheel of Fate Group
- Total units: 810 residences spread over a 15‑storey tower (Tower C) with ground-floor retail podium
- Studios, 1‑, 2‑, and 3‑bedroom apartments available
- Studio size range: ~420 sq ft to ~600 sq ft (39–56 m²)
- Larger units up to ~3,026 sq ft (281 m²) for select 3‑bedroom apartments
- Starting prices: Studio from AED 1.2 M (~USD 326K), 1BR from AED 1.8 M (~USD 490K), 2BR from AED 3.2 M (~USD 876K), 3BR units up to ~AED 4.9 M (~USD 1.33M)
- Payment plan: 60/40 split: 10% on booking, 45% during construction, 5% at handover, and 40% payable within 24 months post-handover
- Sculptural, cascading architecture inspired by the sea and movement of water, blending terraces, facades, and a natural material palette
- Fitness centre & gymnasium, BBQ zone, and landscaped gardens
- Semi‑furnished units featuring equipped kitchens, open-plan layouts, and floor-to-ceiling glazing for panoramic sea views
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Payment Plan
Miraggio by Source of Fate offers a 60/40 payment plan with a two-year interest‑free post‑handover payment period. At the time of booking, buyers pay 10%; 45% is due during construction; 5% on handover; and the remaining 40% is spread evenly over 24 months after handover.
10%
Down Payment
On Booking Date
45%
During Construction
In Small Installments
5%
On Handover
On 100% Completion
40%
Post Handover
Payable Within 24 Months After Handover
Brief Overview
Miraggio is a sculptural waterfront apartment development located on Al Marjan Island in Ras Al Khaimah, positioned within a growing coastal community just under an hour from Dubai. Rising approximately 16 storeys with cascading terraces and flowing, wave-inspired façades, the design draws on natural materials such as stone, wood, and glass and has received international recognition for its architectural excellence. Comprising 810 units, the project offers studio-type options along with 1-, 2- and 3-bedroom apartments, with sizes ranging from roughly 420 sq ft to over 3,000 sq ft, most including private terraces with sea or landscaped views.
Each residence is designed for modern, resort-style living, featuring high ceilings, floor-to-ceiling glazing, and smart infrastructure readiness in semi‑furnished interiors. Kitchens come equipped, while open‑plan layouts and clean, functional aesthetics maximize natural light and visual connection to the surroundings. Retail spaces on the ground level foster a walkable boulevard atmosphere, with cafés, boutiques, and wellness offerings integrated into the community design.
Residents can enjoy a full spectrum of lifestyle amenities, including a sea-view infinity pool, children’s swimming pool and playground, gym and yoga studio, padel tennis court, jogging track, tropical gardens, waterscape lounges, a juice bar, landscaped terraces, and concierge services—all tailored to deliver a serene yet connected environment at the waterfront. The setting emphasizes tranquil living, with direct access to beaches, tranquil courtyards, and low-density streets—ideal for families and long-term residents seeking quality and peace.
Starting Price
The starting price for Miraggio by Source of Fate at Al Marjan Island in Ras Al Khaimah begins at AED 1.20 million, positioning it as a relatively affordable option in a luxury waterfront setting. This entry-level price typically applies to studio units (approximately 420 sq ft). Some secondary sources suggest marginal variations, with occasional listings referencing AED 1.267 million as a starting point, potentially reflecting early-bird offerings or minor unit-specific differences.
AED 1.2 M
Floorplan
Miraggio by Source of Fate offers thoughtfully designed studio, 1‑, 2‑, and 3‑bedroom apartments, with unit sizes ranging approximately from 420 sq ft (studio) to about 804 sq ft (1 BR), 1,304 sq ft (2 BR), and 1,826 sq ft (3 BR)—each featuring open-plan layouts, expansive floor-to-ceiling glazing, and generous balconies or terraces with sea or landscaped views. Every residence is designed to maximize natural light and visual connection to the coastal environment, with smooth transitions between indoor living and outdoor vistas—reflecting a seamless blend of function and serenity.
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