Page 56 - Source of Fate PR Report - October 2025
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Source of Fate launches $708m luxury development on RAK’s Al Marjan Island
Source of Fate launches $708m luxury development on RAK’s Al Marjan Island
RAS AL KHAIMAH Wed, 01 Oct 2025
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Source of Fate, a high-end luxury real estate developer in the UAE under the Wheel of Fate Group, has
unveiled Miraggio, an AED2.6 billion ($708 million) luxurious waterfront residential project on the central
islet of Al Marjan Island, Ras Al Khaimah.
The new development is strategically located beside Wynn Al Marjan Island and provides good
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.
https://tradearabia.com/News/328700/Source-of-Fate-launches-%24708m-luxury-development-on-RAK’s-Al-Marjan-Island 1/2
