
Miraggio is an architectural gem on Al Marjan Island, developed by Source of Fate Properties and represented by Savills. The complex offers 810 residences, including studios, 1, 2 and 3 bedroom apartments. The building has a ground floor with retail space and a grand lobby, and 15 residential floors above. The project features curved terraces, flowing architecture and cascading balconies, creating a sense of harmony with the natural landscape. The design of the residences emphasizes the natural dynamics of light and open spaces. Panoramic floor-to-ceiling windows open up to sea views and sunsets. The decoration uses natural materials, including stone and wood, in a light, calming palette. Residents have access to a wide range of world-class resort amenities: infinity pool, yoga studio, children's pool and play area, promenade with green lawns, pool bar and juice bar, tropical gardens and fountains, private lounges, etc. Miraggio occupies a privileged position: 15 minutes walk to Wynn Al Marjan Island, 25 minutes to the center of Ras Al Khaimah, convenient access to RAK International Airport, nearby are Al Hamra Mall, Al Hamra Golf Club, Royal Yacht Club. For sale: Studios - from 1 200 000 AED / 420 sq. ft. 1 BR - from 1 900 000 AED / 804 sq. ft. 2 BR - from 3 200 000 AED / 1 304 sq. ft. 3 BR - from 4 900 000 AED / 1 826 sq. ft.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Miraggio launch basis | 1,333 | AED 1.20M | Current launch / asking basis |
| Al Marjan Island ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Al Marjan Island premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |
























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Astraterra Properties
Download official marketing materials from Source of Fate Properties.
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Al Marjan Island
Miraggio by Source of Fate Properties
Located in Al Marjan Island
Starting from AED 1,200,000
Unit mix includes Studio, 1 BR, 2 BR, 3 BR
Expected handover: Dec 2028
Official brochure and PDF marketing materials available
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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