Page 18 - Source of Fate PR Report - October 2025

‘Miraggio’: New Dh2.6bn waterfront project boosts Ras Al Khaimah’s property market

‘Miraggio’: New Dh2.6 billion waterfront project boosts Ras Al Khaimah’s property market

Source of Fate’s project to feature 810 sea-facing apartments and resort amenities

Source of Fate has launched Dh2.6bn Miraggio waterfront project on Al Marjan Island, Ras Al Khaimah, with 810 luxury residences and resort-style amenities. Supplied

TravelsDubai Report
1 Oct, 2025

DUBAI – Source of Fate, a luxury real estate developer under the Wheel of Fate Group, has unveiled ‘Miraggio,’ a Dh2.6 billion residential
project set on the central islet of Al Marjan Island in Ras Al Khaimah.

The development marks a defining step in the Emirate’s growth as a prime global hub for property and investment, where the real estate sector
is projected to expand at a CAGR of 10.05 percent through 2030.

Strategically located beside Wynn Al Marjan Island, the project offers seamless connectivity to Ras Al Khaimah City Centre, Ras Al Khaimah
International Airport, and Dubai, making it a prime address for both residents and investors.

Miraggio: Luxury residences

Miraggio comprises 810 residential units ranging from studios to three-bedroom apartments, with sizes spanning 420 to 3,026 sq. ft. Each
home is designed with open-plan layouts, floor-to-ceiling windows, and panoramic Arabian Gulf views. Fully fitted kitchens and energy-
efficient smart technologies complete the offerings, creating a balance between sustainability, comfort, and luxury.

The project’s design ethos embraces resort-inspired living, with amenities such as an infinity pool, private beach lounges, wellness facilities, a
gym, and recreational areas. A retail podium adds further convenience for residents and visitors.

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