Page 32 - Source of Fate PR Report - October 2025
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Source of Fate unveils Dh2.6 bn Miraggio on Al


        Source of Fate unveils Dh2.6 bn Miraggio on Al




           October 8, 2025        3
           Staff Report

            Dubai, UAE



        Dubai, UAE



        Source  of  Fate,  a  high-end  real  estate  developer  within  the  multinational Wheel  of  Fate  Group,  has
        unveiled  Miraggio,  a  Dh2.6  billion  luxurious  waterfront  residential  project  on  the  central  islet  of Al

        Marjan Island, Ras Al Khaimah.


        Miraggio features 810 units, including studios and one- to three-bedroom apartments, ranging from 420

        to 3,026 square feet. The units offer 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.


        Miraggio is further elevated by a retail podium and a suite of resort-style amenities, including an infinity

        pool, a gym and wellness centre, recreational areas, and private beach lounges.



        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.


















      https://gulfproperty.media/residential/nws_source_of_fate_unveils_dh2_6_bn_miraggio_on_al                  1/1
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