Savills United Arab Emirates

Developer

Source of Fate Properties

Location

Al Marjan Island, Ras Al Khaimah

Starting price

From AED 1.2M

Handover

Q4 2028

Miraggio, Al Marjan Island

A waterfront residence on the central islet of Al Marjan Island, Ras Al Khaimah, by boutique developer Source of Fate. Miraggio's cascading terraces and curved balconies step down towards the Arabian Gulf, wrapped around an infinity pool, tropical gardens and a private sea promenade. Minutes from the Wynn Al Marjan Island resort opening in 2027, and around an hour from Dubai. Pricing from approximately AED 1.2 million, on a 20/40/40 payment plan with instalments continuing up to 24 months after handover, and handover scheduled for Q4 2028.

Beachfront on Al Marjan Island

A prime position on the island's central islet, surrounded by five-star resorts and sea on three sides.

Minutes from the Wynn Resort

A short drive to the $3.9 billion Wynn Al Marjan Island, opening 2027 with 1,542 keys and the region's first gaming casino.

20/40/40 payment plan

20% paid during construction, 40% on handover, and the remaining 40% spread across two years after you move in.

Award-winning design

Named Best Luxury Waterfront Development in Ras Al Khaimah at the Luxury Lifestyle Awards 2025.

Sea-view residence

Open-plan layout with floor-to-ceiling windows and a generous terrace framing the Gulf. From AED 1.2 million.

Terrace residence

Curved balcony home connecting indoor and outdoor living, finished in natural stone. Pricing on application.

Corner residence

Wider format layout with dual-aspect views across the island and open sea. Pricing on application.

Upper-level residence

Higher-floor home with panoramic sunset views over the Arabian Gulf. Pricing on application.

Plan structure

A 20/40/40 plan: 20% during construction, 40% on handover, and 40% paid across the first two years after handover.

Booking deposit

10% on reservation to secure your residence.

During construction

A further 10% on signing the sales and purchase agreement, completing the 20% construction stage.

Handover & post handover payments

40% due on handover in Q4 2028, then the final 40% in four instalments of 10% at 6, 12, 18 and 24 months post-handover.

Infinity pool

900,000 square foot swimmable lagoon at the heart of the community.

Signature dining

Community restaurants and cafes within the masterplan.

Yoga lawns

Dedicated outdoor wellness lawns.

Dog park

Dedicated pet area within the community.

Amphitheatre

Outdoor events and gathering space.

Highway connectivity

Approximately seven minutes to MBZ Road and Al Khail Road.

Spa and hammam

Wellness facility with hammam and treatment rooms.

Padel, tennis and basketball courts

On-site sports courts for residents.

Skate park

On-site skate and activity park.

Children's play areas

Multiple playgrounds across the masterplan.

Community centre and retail

Central hub with retail units.

Frequently Asked Questions

Who is the developer of Miraggio? Miraggio is developed by Source of Fate Properties, a boutique UAE developer established in 2021 with a pipeline valued at around AED 10 billion. The project won Best Luxury Waterfront Development in Ras Al Khaimah at the Luxury Lifestyle Awards 2025.

Where is Miraggio located? On the central islet of Al Marjan Island in Ras Al Khaimah, close to the future Wynn Resort. Ras Al Khaimah International Airport is around 30 minutes away and Dubai around an hour.

What is the price of Miraggio? Pricing starts from approximately AED 1.2 million. Unit-specific pricing should be confirmed directly, as figures can change between sales releases.

What is the payment plan for Miraggio? A 20/40/40 plan: 20% during construction (10% on reservation, 10% on SPA signing), 40% on handover, then 40% post-handover in instalments of 10% at 6, 12, 18 and 24 months. This is a limited-time offer, so confirm the live plan on request.

When is the handover for Miraggio? Handover for Miraggio is scheduled for Q4 2028. Confirm the latest date before relying on it.

Can foreigners buy at Miraggio? What amenities does it offer? Yes, Al Marjan Island is a freehold area open to all nationalities. Residents have an infinity pool, waterscapes, fitness centre, yoga room, padel court, kids' pool and play areas, jogging track, tropical gardens and a private sea promenade.