Page 60 - Source of Fate PR Report - October 2025

Source of Fate launches AED 2.6

billion luxury waterfront

development ‘Miraggio’ on Al

Marjan Island

BY ADMIN · OCTOBER 1, 2025

UAE, October 01, 2025: Source of Fate, a high-end luxury real estate
developer in the UAE, under the Wheel of Fate Group, has unveiled
‘Miraggio,’ an AED 2.6 billion luxurious waterfront residential project on the

central islet of Al Marjan Island, Ras Al Khaimah.
The new development signals a new phase in the Emirate’s transformation

into a premier global destination for real estate and investment, with Ras Al
Khaimah’s real estate market expanding at a CAGR of 10.05 per cent to
2030. It is strategically located beside Wynn Al Marjan Island and 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,

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