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Source of Fate Properties Unveils AED 2.6B ‘Miraggio’ On Al Marjan Island - Construction Business News Middle East

Source of Fate Properties Unveils AED 2.6B

‘Miraggio’ On Al Marjan Island

By CBNME EDITORIALOctober 1, 2025

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Miraggio features 810 units, including studios, 1-, 2-, and 3-bedroom apartments

Source of Fate Properties has announced ‘Miraggio’, a landmark AED 2.6 billion waterfront

residential project on the central islet of Al Marjan Island, Ras Al Khaimah

Source of Fate, a high-end luxury real estate developer in the UAE, under the Wheel of Fate Group,
has unveiled ‘Miraggio,’ an AED 2.6 billion luxurious waterfront residential project on the central

islet of Al Marjan Island, Ras Al Khaimah.

The new development signals a new phase in the Emirate’s transformation into a premier global
destination for real estate and investment, with Ras Al Khaimah’s real estate market expanding at a

CAGR of 10.05 per cent to 2030. It is strategically located beside Wynn Al Marjan Island and

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