Off-Plan|
Initial Sale
21
Best Investor Flip / High ROI / Premium Location / Branded Luxury
Miraggio – Al Marjan Island, Ras Al KhaimahAn architectural ode to the sea, Miraggio by Source of Fate Properties is a sculptural waterfront residential project offering seaside elegance blended with wellness-centric living across 810 luxury apartments—all destined for completion in Q4 2028.
Residences & Sizes
Key Features & Amenities
Location & Connectivity
Pricing & Payment
About the Developer – Source of Fate
Why Invest Here
Limited beachfront residences available – Get in touch today and secure your unit at Miraggio, Al Marjan Island.
Residences & Sizes
- Studios – from ~ 420 sq. ft
- 1-Bedroom – ~ 804-968 sq. ft
- 2-Bedroom – ~ 1,032-2,327 sq. ft
- 3-Bedroom – ~ 2,355-2,564 sq. ft
Key Features & Amenities
- Tower C: 15-storey building with ground-floor retail podium for shops & services.
- Sculptural architecture: curved façades, cascading terraces that flow like waves.
- Prime ocean views & many units with direct / private sea vistas.
- Amenities: infinity pool, fully equipped gym, tropical gardens, jogging track, landscaped green spaces, children’s play areas, yoga & wellness zones, direct beach access.
Location & Connectivity
- Situated on the central islet of Al Marjan Island, along the northwest coast of RAK.
- 5 minutes to Wynn Al Marjan Island Resort and Casino, ~15–30 minutes to RAK Airport.
- Nearby attractions: Al Hamra Mall, Royal Yacht Club, Al Hamra Golf Club; all within short driving distance.
Pricing & Payment
- Starting price: from ~ AED 1,200,000 for studios
- Payment plan: 60/40 scheme – 40% payable over 2 years post-handover; sometimes structured as 10% down, ~35% during construction, 5% on handover, then 40% over post-handover period.
- Handover / Completion: Q4 2028.
About the Developer – Source of Fate
- Boutique real estate developer under Wheel of Fate Group.
- Portfolio valued at AED 10+ billion, focusing on luxury apartments and villa communities in premium and emerging waterfront locations.
- Known for architectural design awards (Muse, Luxury Lifestyle Awards, etc. ) and creating visually striking, design-led residences.
Why Invest Here
- High rental yield potential: Similar Al Marjan projects & waterfront properties in RAK are seeing yields in 6-8%+ for off-plan units, especially with Wynn Resort nearby.
- Capital appreciation: Q4 2028 delivery, with value predicted to rise before and post handover, supported by growing tourism & infrastructure in RAK.
- Accessibility & gateway to opportunities: proximity to Cairo-Dubai route, airport, and emerging entertainment zones.
- Flexible payment plan lowers entry barrier and spreads risk.
- Coastal resort lifestyle: beach access, serenity, modern amenities, tranquil design — appeals both to investors and end users looking for lifestyle homes.
Limited beachfront residences available – Get in touch today and secure your unit at Miraggio, Al Marjan Island.
Property Information
- TypeApartment
- PurposeFor Sale
- Reference no.Bayut - 104057-5rASwx
- CompletionOff-Plan
- FurnishingUnfurnished
- Added on28 September 2025
- Handover dateQ4 2028
Features / Amenities
Balcony or Terrace
Parking Spaces: 1
Swimming Pool
Jacuzzi
+ 33 more amenities
