Dragos Mihalte.
Portfolio · Entry Luxury

Miraggio.

Al Marjan Island, Ras Al Khaimah · By Source of Fate
The Miraggio pool and waterfront at dusk on Al Marjan Island

The project

Miraggio by Source of Fate is a sixteen-storey waterfront residence on Al Marjan Island, Ras Al Khaimah, offering uninterrupted panoramic views of the Arabian Gulf. The development comprises 810 residences set within open courtyards, tropical gardens and elegant water features, with floor-to-ceiling windows, natural stone finishes and generous terraces.

Positioned on Al Marjan Island, Miraggio is surrounded by some of the most recognised hospitality names in the region, including the Waldorf Astoria, Ritz-Carlton and Nikki Beach. The upcoming Wynn Resort, set to open in 2027 as home to the first gaming casino in the region, is just five minutes away.

As a non-branded residence, Miraggio offers entry pricing that is considerably more accessible than the branded competition surrounding it. In my view, this is a meaningful advantage for buyers entering at this stage of the cycle, particularly given the scale of infrastructure and hospitality investment currently transforming Ras Al Khaimah.

A private Miraggio terrace at dusk overlooking the Arabian Gulf

Starting prices

Indicative starting prices. Availability and current pricing are confirmed on request.

TypeSizeFrom
1 bedroom804 to 1,176 sq ftAED 2.39M
2 bedrooms1,304 to 2,543 sq ftAED 3.38M
3 bedrooms1,826 to 3,026 sq ftAED 5.07M

Convert this price

Read any price per square foot and per square metre, in seven currencies at once.

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CurrencyTotalPer sq ftPer sq m

Prices here are quoted and contracted in dirhams. Every other figure is an indicative conversion, not a quotation.

Why the same property produces such different numbers, and how the figure is read in China and India: the full converter.

Golden Visa

Purchases at AED 2,000,000 and above qualify for the UAE ten-year Golden Visa, which makes every unit type at Miraggio eligible.

Amenities

Payment plan

10%
On reservation
10%
On signing the SPA
40%
40%
24 months post-handover

Awards

Luxury Lifestyle Awards 2025
Best Luxury Waterfront Development
Muse Awards 2025, Gold Winner
Architectural Design, Apartments
Titan Awards 2025
Category Winner, Architecture, Apartments

Location

Surrounded by exclusive resorts and sophisticated residences, including the Waldorf Astoria, Ritz-Carlton and Nikki Beach, Miraggio sits just five minutes from the Wynn Resort, opening in 2027 as the first gaming casino in the region.

Why Ras Al Khaimah

My personal view on the emirate and the developer's own vision for the next twenty years.

RAK Properties: A Vision for the Next Twenty Years
RAK Properties: A Vision for the Next Twenty Years

Resources

Speak with me about this

WhatsApp  ·  dragos.mihalte@savills.me

Dragos Mihalte, Private Real Estate Investment Advisor, Savills Middle East. Renderings are indicative and prices are starting figures confirmed on request. Rental yield estimates are per the developer. Past performance is not indicative of future returns, and independent advice is recommended.