Miraggio
Project Overview
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.
Illustrative Rental Scenario
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Pricing and Area Research
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Official Documents
Download official marketing materials from Source of Fate Properties.
Payment Structure
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Amenities & Lifestyle
Location
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Developer and Project Facts
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
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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