Page 19 - Source of Fate PR Report - October 2025

‘Miraggio’: New Dh2.6bn waterfront project boosts Ras Al Khaimah’s property market
Dr. Majid Jack Hsiung, Founder and CEO of Source of Fate Properties, said the development underlines Ras Al Khaimah’s appeal as a luxury
living destination supported by natural coastlines, expanding infrastructure, and an investor-friendly environment. He emphasised that
Miraggio’s proximity to the Wynn Resort reflects the ambition to provide residents with an exceptional lifestyle while addressing the growing
demand in the Emirate’s property sector.

Ras Al Khaimah welcomes its only Dh130m sky palace at Waldorf Astoria Residences

To extend its reach among international buyers, Source of Fate has partnered with Savills as the exclusive sales partner. The collaboration
continues a successful history between the two firms, with Savills expected to leverage its global expertise to attract discerning investors
worldwide.

Andrew Cummings, Head of Residential Agency at Savills, described Miraggio as an exceptional project offering “a lifestyle ecosystem that
international buyers are seeking today.” He highlighted its potential for strong rental yields and long-term value appreciation, aligning with the
Emirate’s growing reputation as a tourism and investment hub.

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