Page 43 - Source of Fate PR Report - October 2025
P. 43
Source of Fate launches AED 2.6 billion luxury waterfront development ‘Miraggio’ on Al Marjan Island - Middle East Business N…
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.
Andrew Cummings, Head of Residential Agency at Savills said: “We are proud to be a
part of this exceptional residential development. Miraggio provides a lifestyle ecosystem
that international buyers are seeking today. It is strategically positioned within a rapidly
growing tourism and investment hub that offers strong investment potential, high rental
yields, and long-term value appreciation. With a focus on excellence and trust, we look
forward to driving its sales success.”
The development is further elevated by a retail podium and an extensive suite of resort-
style amenities, including an infinity pool, fully equipped gym and wellness centre,
recreational areas and private beach lounges.
Backed by a proven track record of on-time delivery, exceptional quality and meticulous
craftsmanship, Source of Fate Properties continues to set itself apart through
developments that are distinctly different in their design ethos and execution.
With its prime waterfront location, sophisticated design, and cutting-edge amenities,
Miraggio is poised to become a landmark icon in the region and set a benchmark for
luxury living on Al Marjan Island.
https://mid-east.info/source-of-fate-launches-aed-2-6-billion-luxury-waterfront-development-miraggio-on-al-marjan-island/ 2/2
