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Al Marjan Island , Ras Al Khaimah
Miraggio
Miraggio by Source of Fate is a premium waterfront development located on a prime seafront plot of Al Marjan Island, Ras Al Khaimah.
Launch Price
1.30m
Handover
Q4 2028
Project Overview
Miraggio by Source of Fate is a premium waterfront development located on a prime seafront plot of Al Marjan Island, Ras Al Khaimah. The project is now launching Tower C—a 15-storey building with a ground-floor retail podium and a curated mix of spacious studios, 1-, 2-, and 3-bedroom apartments. This release marks the latest phase in one of the island’s most anticipated new communities. The full development will include 810 units, with only 48 limited-edition studios available across all towers. Apartments range from 689 to 1,547 sq. ft., offering fully equipped kitchens, smart infrastructure readiness, and modern open-plan layouts.
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Location
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Developer
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Property typeApartments, Studios
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Number of bedrooms1-3, Studios
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Area from
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HandoverQ4 2028
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Payment Plan55/45
Gallery
Miraggio
Floor Plans
Payment Plan
A structured payment plan is a powerful investment tool. When used wisely, it can significantly increase your return on equity (ROE). Not sure how to make the most of it? We’ll explain everything for free!
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On Booking
20%
Payment -
On construction
35%
Payment -
On Handover
5%
Payment -
Post-Handover
40%
Payment
Key points
Limited Edition Studios
With only 48 studios across the entire development, Miraggio offers a rare opportunity for compact waterfront living in a premium setting.
Retail & Boulevard Living
The podium includes retail units, creating a walkable community feel, with cafés, boutiques, and wellness services at your doorstep.
Amenities
These are just a few of the amenities available in this residence. To receive the full list of features and detailed information, please contact our agent — we will tailor the best option for your needs.
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Infinity Pool
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Gym
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Gardens
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Concierge Service
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Beach Access
Amenities
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Infinity Pool
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Gym
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Gardens
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Concierge Service
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Beach Access
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Metropolitan Premium Properties
Real Estate team
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Location
Explore the AreaAl Marjan Island , Ras Al Khaimah
Al Marjan Island is an artificial island located off the coast of the Arabian Gulf, and belongs to the emirate of Ras Al Khaimah. It consists of four small sections that were designed to form the shape of a coral. The communities of Umm Al Quwain, Al Hamra Village and Mina Al Arab are adjacent to the island. The Al Marjan Island area offers all the necessary facilities to enjoy the most memorable resort holiday imaginable. Exclusive resorts such as Rixos Bab Al Bahr, Movenpick Resort Al Marjan Island and DoubleTree by Hilton Resort & Spa Marjan Island are located nearby.
Other Projects in Al Marjan Island
FAQ
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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.
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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.
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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.
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When will the construction of Miraggio be completed?
Handover is scheduled for Q4 2028.
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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).
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How much do apartments in Miraggio cost?
Studios: from AED 1.3M
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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.
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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.
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Are Miraggio apartments delivered furnished?
No, apartments are delivered unfurnished but include fully equipped kitchens and high-quality finishing throughout.
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What are the smart features in Miraggio?
Apartments include smart entry systems, building-wide high-speed connectivity, and infrastructure readiness for future home automation.
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Can a foreigner buy property in Miraggio?
Yes, the project is in a freehold zone, open to both local and foreign buyers.
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Can I obtain residency status if I buy property in Miraggio?
Yes, buyers are eligible for UAE residency.
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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.
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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.
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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.
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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.
About Metropolitan Premium Properties
Metropolitan Premium Properties is a RERA-licensed real estate brokerage in Dubai (ORN 11899), part of the Metropolitan Group established in 2008. The agency has 1,000+ professionals across offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, and covers residential and commercial sales, off-plan investments, rentals, and property management. The company has closed 6,000+ transactions totalling over AED 15 billion in investments and holds 120+ industry awards.
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120,000+
satisfied clients
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15 Years
of market expertise
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6000+
closings on properties
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AED 15 B+
in successful luxury investments
Our Achievements
1st place
Arada Broker Awards 2025
2nd place
One Broker Group 2024
1st place
The Black Onyx Awards 2024
2nd place
Omniyat Broker Awards 2024
3rd place
Alhamra Top Broker of the Year 2023
1st place
TAG Top Partner 2023
3rd place
DAMAC Broker Awards 2023
3rd place
IRTH Broker Awards Q3 2024
What Clients Say About Us
Neda Motamedi
January 30, 2026
In 2025, I purchased two units from this project through Ms. Mahnaz Enayati. I am extremely satisfied with my investment and overall experience. Throughout the entire process, Ms. Enayati provided exceptional support with remarkable patience, professionalism, and insight. She carefull...
Parmiss Hejazian
January 30, 2026
We purchased our house in 2025 through this company, and our experience was truly excellent.
Mahnaz Enayati was incredibly professional, supportive, and trustworthy throughout the entire process. She guided us step by step, answered all our questions patiently, and made everything smo...
Azeem Muhammad
January 28, 2026
I worked with Himabindu Jumjur from Metropolitan Properties on a valuation assignment and had a great experience. She is knowledgeable, professional, and very easy to work with. She was also kind and cooperative throughout the process. I’d be happy to work with her again.
Dieter Knechtel
January 15, 2026
Absolutely great working with Miss Carys Naylor. She is professional, engaged, and very transparent. She provides constant feedback on progress and is truly results-oriented. Highly recommended.
Fahad Mohammad
January 15, 2026
It is a pleasure working with Carys on finding our first investment in Dubai. Good knowledge and understanding of areas, been really helpful in making the decision
Saolo Elkhoury
January 15, 2026
Carys was an absolute pleasure to work with. Professional, knowledgeable, and genuinely cared about finding the right place for me. She went above and beyond at every step. Grateful to have had her as my agent !
Chris Randall
January 14, 2026
Faisal from Metropolitan was incredibly helpful in our property search, very responsive to our queries, listening to what we were interested in and very professional in his overall approach. We will certainly use him again when we next look for property.
Amanda Line
January 14, 2026
I just love Carys. I have worked with so many agents in Dubai over the last 20 years and she really is exceptional. The level of service she gives is second to none and she is absolutely lovely with it. Top marks Carys!
Juliette Buhareva
January 11, 2026
Отличный риелтор в Дубае, искренне рекомендую Татьяну Гаджикурбанову.
Татьяна - очень квалифицированный специалист, отлично ориентируется в рынке недвижимости ОАЭ и предоставляет действительно много полезной и подробной информации. Она детально объясняет все нюансы, связанные с потенц...
Luiza Valieva
January 11, 2026
A few months ago, I met a real estate agent, Tatyana Gadzhikurbanova.
From the very first contact, Tatyana proved herself to be extremely communicative and responsible. My email was responded to almost immediately, and she immediately offered convenient communication methods—email, in...
Jennifer Wentworth
January 10, 2026
Carys was outstanding from start to finish. We were buying our first property in Dubai and had a million questions — she handled everything with so much patience and clarity. She really listened to what we wanted and didn’t waste our time with unsuitable options. The process felt smoo...
Lucy Byrne
January 10, 2026
Carys was a pleasure to connect with, she was very professional and fun to work with. She valued, hosted a photoshoot, marketed and rented my apartments all within 2 weeks.
Highly recommended to all my family and friends.
Paul Stephenson
January 9, 2026
Cary’s Naylor offers outstanding service and is my go to person for investment and property advice. A legue above !
Cornell Campbell
January 8, 2026
A breath of fresh air, making our ambitions possible. Working with Carys Naylor. Personable, emphatic and professional to a tee. I’d highly recommend working with Cary’s and being in capable hands you can trust her to expose you to the right options with a well considered solution. Th...
Kenneth Whitelaw-Jones
January 8, 2026
I had a superb experience with Carys Naylor from MPP. Carys located an excellent property in Dubai for me. She was quick, efficient, responsive and super friendly and helpful. She was very supportive in helping me navigate the whole process. Can't recommend highly enough.
Miraggio
New Launch in Al Marjan Island by Source of Fate Explore premium Apartments, Studios starting from 1-3, Studios bedrooms Positioned in the vibrant Al Marjan Island area, where the launch price averages 1.80m
This project offers a perfect balance of luxury and value Move-in ready by Q4 2028
Thank you for your interest!
We’ve sent you a confirmation email and will be in touch soon.
Consultation
Jamie Lane
Real Estate agent
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Floor plans
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Access a detailed PDF featuring all unit layouts and configuration options within the project
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Presentation
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All features, floor plans, renders, and specifications — in one complete brochure
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