Miraggio

TL;DR: Miraggio by Source of Fate is an upcoming ultra-luxury waterfront development on Al Marjan Island, RAK. Expected in Q4 2028, it offers studios to 3-bedroom apartments starting from AED 1.2 Million. It features a 60/40 payment plan, an infinity pool, a pool bar, and direct private beach access.

Miraggio is a spectacularly elegant, newly launched waterfront luxury development masterminded by the visionary boutique developer, Source of Fate. Prominently positioned on the pristine, sun-drenched shores of Al Marjan Island in Ras Al Khaimah (valued at a massive AED 2.6 billion), this architectural masterpiece is currently in its active off-plan phase, with a targeted handover in the fourth quarter of 2028 (December 2028). Designed to completely redefine coastal luxury, Miraggio flawlessly blends flowing architectural curves and cascading terraces with profound resort-style serenity, making it a highly coveted sanctuary for dynamic professionals, affluent couples, and savvy global investors.

The expansive development houses an exclusive collection of 810 exquisitely designed premium residential apartments. The inventory caters to a diverse demographic, offering efficiently designed studios (starting from highly attractive prices around AED 1.2 Million). The spacious 1-bedroom apartments generally begin at AED 1.8 Million, expansive 2-bedroom units from AED 3.2 Million, and massive 3-bedroom configurations start from AED 4.9 Million. Each residence is crafted to blend modern sophistication with island living, featuring smart home integration and panoramic sea views. Source of Fate offers a structured 60/40 payment plan (including a lucrative 40% post-handover option spread over 2 years).

Miraggio entirely elevates the everyday lifestyle by providing a comprehensive suite of resort-grade amenities. Residents enjoy direct access to private white-sand beaches, a stunning infinity swimming pool, a dedicated kids' pool, and a highly vibrant pool bar. Health and wellness are heavily prioritized with a fully equipped gym featuring a terrace, a serene yoga room, and a padel court.

Strategically located on Al Marjan Island, the development boasts phenomenal investment potential due to its close proximity to the upcoming Wynn Resort (casino).