Miraggio by Source of Fate is a premium waterfront development situated on the prime seafront of Al Marjan Island in Ras Al Khaimah. The latest release, Tower C, is a 15-storey building featuring 810 exclusive units, including spacious studios and 1 to 3-bedroom apartments, along with retail outlets on the ground floor. Designed for resort-style island living, the project offers direct beach access in a high-demand area. Prices start from AED 1.2 million for studios, with sizes ranging from 689 sq. ft to 1,547 sq. ft. Investors can expect attractive rental yields of 9–10% on waterfront properties in Al Marjan Island, further bolstered by upcoming major infrastructure developments like the Wynn Resort—the UAE’s first casino. Completion is scheduled for Q4 2028.
Miraggio is an exclusive waterfront residential project by Source of Fate, perfectly located on Al Marjan Island in Ras Al Khaimah — the UAE’s emerging luxury destination. Nestled on the prime central island, Miraggio presents a refined collection of studios and 1 to 3-bedroom apartments, paired with premium wellness facilities and upscale lifestyle amenities.
Al Marjan Island, a man-made archipelago made up of four coral-shaped islands stretching into the Arabian Gulf, is poised to redefine Ras Al Khaimah’s tourism and residential landscape. Just 45 minutes from Dubai, it offers a breathtaking coastal lifestyle surrounded by luxury resorts. The upcoming Wynn Resort, set to be the UAE’s first casino resort, is expected to be a key attraction boosting the island’s global appeal.
to Downtown Dubai
to Dubai Marina
to DXB Airport
to DWC Airport
Al Marjan Island – The UAE’s Next Big Destination
Miraggio offers a luxury lifestyle on Al Marjan Island, Ras Al Khaimah’s most exciting waterfront community. Here, residents enjoy access to beautiful beaches, scenic promenades, shopping centres, top schools, and healthcare facilities — all within easy reach. It’s the perfect place for those looking to escape the bustle of Dubai while still enjoying upscale living with plenty of conveniences.
Premium Amenities for a Modern Lifestyle
Miraggio is designed for privacy, wellness, and luxury. Residents can enjoy a state-of-the-art gym, an infinity pool, landscaped gardens, a children’s play area, and 24/7 security. Nearby, you’ll find gourmet restaurants, leisure attractions, and boutique retail shops. The community is also well-connected to major spots like the Wynn Resort, Al Hamra Mall, golf courses, yacht clubs, and Ras Al Khaimah International Airport — combining peace with easy accessibility.
Family-Friendly Living with Education Nearby
Miraggio is ideal for families who want a safe, peaceful environment paired with excellent amenities. Some of Ras Al Khaimah’s best schools are nearby, including:
Parents can rest assured knowing quality education is within close reach.
Healthcare Access Made Easy
For healthcare, residents have quick access to top medical services on the mainland. Emirates Health Services is less than a 15-minute drive away, and with ongoing investment in the area, more healthcare facilities are expected to open directly on the island.
Strong Investment Potential on Al Marjan Island
Al Marjan Island properties are in high demand, offering rental yields of up to 10% — particularly for waterfront homes. In 2024 alone, property values rose by 33%, outpacing growth in both Dubai and Abu Dhabi. Prices here remain 30-40% lower than similar Dubai properties, giving investors an excellent opportunity for high returns. With the $3.9 billion Wynn Resort coming soon, plus better airport access and growing demand for short-term luxury rentals, the island’s growth potential is impressive.
Residency Visa Opportunities with Real Estate Investment
Investing in Miraggio can also open doors to UAE residency:
With studios starting at AED 1.2 million, investors can easily meet the residency criteria while securing a valuable asset.
Al Marjan Island’s Bright Future
Ras Al Khaimah is on the rise, with Al Marjan Island leading the way. Future developments, including the UAE’s first casino resort — Wynn Al Marjan Island — and airport expansions, are set to transform the region. The island offers a unique blend of tranquil living with all the benefits of a thriving, connected community. Plus, Dubai is just over an hour’s drive away, keeping the city’s opportunities within easy reach.
About Source of Fate
Source of Fate is a boutique luxury real estate developer, part of the renowned Wheel of Fate Group. Known for their innovative and elegant designs, they create premium living experiences that appeal to modern homeowners and savvy investors. Their debut project set new standards in the UAE’s coastal real estate market, and Miraggio is their next landmark development, raising the bar even higher.
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420 sqft
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804 sqft
Total
1304 sqft
Total
1826 sqft
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Downpayment
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During construction
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On handover
Benefits of having a residence visa:
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