Page 26 - Source of Fate PR Report - October 2025

Source of Fate Properties Unveils AED 2.6B ‘Miraggio’ On Al Marjan Island - Construction Business News Middle East
provides unparalleled connectivity to Ras Al Khaimah City Centre, Ras Al Khaimah International
Airport, and Dubai.

Miraggio features 810 units, including studios, 1-, 2-, and 3-bedroom apartments, ranging from 420

to 3,026 sq. ft, offering open-plan layouts, fully fitted kitchens, floor-to-ceiling windows, and sea-
facing Arabian Gulf views. The development integrates energy-efficient smart technologies to

combine comfort, style, and sustainable living.

Dr. Majid Jack Hsiung, Founder and CEO of Source of Fate Properties, stated: “We are pleased
to launch Miraggio in Ras Al Khaimah, an Emirate rapidly establishing itself as a premier destination

for luxury living, driven by its natural coastlines, growing infrastructure, and investor-friendly

environment. Miraggio, with its range of features, including its location near the Wynn Resort, caters
to the needs of individuals seeking an exceptional lifestyle. The project reflects our ambition to

create high-end innovative developments, while addressing the growing demands of residents
living in the Emirate.”

In line with its strategy to reach both local and international investors, Source of Fate has partnered

with Savills as the exclusive sales partner for Miraggio. Their longstanding partnership builds on a
proven track record of successful projects together. The developer will leverage Savills’ global

expertise to position the development among discerning buyers worldwide, further underscoring
international confidence in Ras Al Khaimah’s growing property market.

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