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Al Marjan Island

Miraggio

Starting price (USD 354K)

1.30m AED

Handover

2028 Q4

Booking fee

10 %

Property Inquiry Download Brochure

Attractive 60/40 Payment Plan from Richmind Development

35 %

During Construction

10 %

Down Payment

10 %

On Signing SPA

5 %

On Handover

40 %

Post Handover

Location

Discover Miraggio — where Source of Fate brings waterfront sophistication to Al Marjan Island’s most desirable shoreline. Tower C launches now: 15 levels of elevated island living, anchored by vibrant ground-floor retail and home to an exclusive mix of studios and 1-, 2-, and 3-bedroom residences. When complete, Miraggio will encompass 810 distinctive homes, including a rare collection of just 48 studios across the entire development. Spanning 689 to 1,547 sq. ft., each residence arrives fully kitchen-equipped, smart-ready, and designed with seamless open-plan flow.

While delivered unfurnished, interiors exude resort-caliber style — sun-drenched spaces, clean architectural lines, and endless Gulf panoramas.

Private balconies grace most homes, framing the Arabian Sea beyond. Miraggio is the second visionary project from Source of Fate, the boutique developer behind Wheel of Fate Group’s growing portfolio. Building on their celebrated first chapter, Miraggio elevates their commitment to lifestyle-first, design-forward coastal living — created for those who recognize exceptional value and authentic island luxury.

About the Al Marjan Island

Style: Mediterranean
Focal point: Exclusive resorts

ACCESSIBILITY

30 min Ras Al Khaimah International Airport
60 min Dubai International Airport

MEDICAL AND EDUCATIONAL INSTITUTIONS

12 min RAK Academy – British School Al Hamra – BSH
12 min RAK Medical Center Al Hamra
15 min Al Ghadeer Kindergarten:9011
15 min Al Afia Medical Center

ENTERTAINMENT

9 min Umm Al Quwain
10 min Al Hamra Mall
14 min Al Hamra Golf Club
16 min Al Hamra Marina & Yacht Club

Soulever

2 800 000 AED

Enquire now

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2 800 000 AED

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Hado by Beyond

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FAQ: AQD
Property
Investment

Have more questions? Reach out—we’re here to simplify your coastal investment journey.

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Who is the developer of Miraggio?

Miraggio is developed by Source of Fate, a luxury real estate brand under the Wheel of Fate Group.

Where is Miraggio located?

The project is located on Al Marjan Island in Ras Al Khaimah, on a prime waterfront plot near the Wynn Casino.

What types of properties are available in the project?

Miraggio offers studios, 1, 2, and 3-bedroom apartments, with select residences enjoying sea views and spacious layouts.

When will the construction of Miraggio be completed?

Handover is scheduled for Q4 2028.

What payment plans are available to property buyers in Miraggio?

A 60/40 payment plan with 2 years post-handover payment period (PHPP) is available. EOI: AED 50,000 (refundable).

How much do apartments in Miraggio cost?

Studios: from AED 1.3M

Is there a post-handover payment plan at Miraggio?

Yes. Buyers benefit from a 60/40 plan, with 40% payable over 2 years after handover — ideal for long-term investors.

Why is Al Marjan Island gaining popularity among investors?

Its freehold status, beachfront lifestyle, Wynn Casino, and affordable luxury pricing make it one of the UAE’s top emerging investment hotspots.

Are Miraggio apartments delivered furnished?

No, apartments are delivered unfurnished but include fully equipped kitchens and high-quality finishing throughout.

What are the smart features in Miraggio?

Apartments include smart entry systems, building-wide high-speed connectivity, and infrastructure readiness for future home automation.

Can a foreigner buy property in Miraggio?

Yes, the project is in a freehold zone, open to both local and foreign buyers.

Can I obtain residency status if I buy property in Miraggio?

Yes, buyers are eligible for UAE residency.

What visa can I get if I buy property in Miraggio?

Investments from AED 750,000 qualify buyers for a 2-year residence visa.
Investments of AED 2 million or more qualify for a 10-year Golden Visa, including benefits for family members.

Are apartments in Miraggio a good investment?

Yes, with limited inventory, proximity to the first regional casino, and strong tourism growth, Miraggio offers high potential for capital appreciation and rental returns.

Are these apartments suitable for families?

Absolutely. With spacious layouts, a peaceful setting, retail on the ground floor, and family-friendly amenities, Miraggio is ideal for those seeking a serene waterfront lifestyle.

What are the benefits of living in Al Marjan Island?

Residents enjoy a resort-style atmosphere, direct beach access, vibrant hospitality options, and proximity to malls, schools, and healthcare — all in a secure and tranquil environment just under an hour from Dubai.

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