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

