Gianfranco Ferre Residences on Al Marjan Island – Waterfront Living

Resort-Style Islands

Delivering upscale amenities and set on Al Marjan Island, residents can access beaches, waterfront promenades, retail centres, top-tier schools, and medical facilities within easy reach. It's an ideal place for those seeking a balance of tranquillity, convenience, and an upscale lifestyle outside of Dubai.

Premium On-Site Amenities

Gianfranco Ferre Residences doesn't just provide a place to live - it provides a lifestyle, reflected in a variety of upscale amenities. From the private terrace pools in selected units and finely-crafted Italian interior furnishings, and concierge services, valet parking and housekeeping, to the water sports facilities, pristine beach access, kids' pool, on-site restaurants and cafes, and well-stocked gym, it's all about meeting the expectations of discerning buyers and investors.

Family-Friendly Environment

With plenty of family-friendly spaces to rest, relax or stay active, the safe and tranquil surroundings of Gianfranco Ferre Residences, and the planned investment in amazing schools and early education centres, will be welcome for families.

Proximity to Healthcare Services

It's easy to find top-quality healthcare options via the mainland, and more on the islands in the coming years with guaranteed development and investment. Currently, Emirates Health Services is reachable in less than 15 minutes by car.

Economic Appeal and Investment Opportunities

Strong Rental Yields and Capital Growth

Properties on Al Marjan Island deliver impressive rental yields, especially short-term rentals. In 2024, property values appreciated by 33.3%, surpassing growth rates in both Dubai and Abu Dhabi. Investors have benefited from significantly lower entry prices, 30–40% less than comparable properties in Dubai, leading to higher returns potential. 

Upcoming Casino and Infrastructure Expansion

The upcoming $3.9 billion Wynn Resort is poised to transform Al Marjan Island into a major entertainment hub, featuring the UAE's first casino. This sits alongside ongoing infrastructure projects, including improved connectivity to Dubai and expanded airport capacity, all of which further enhance the island's appeal.

Residency Visa Eligibility for Investors

A minimum investment of AED 750K qualifies buyers for a 2-year residency visa, while purchases of AED 2M or more make buyers eligible for the 10-year Golden Visa, with benefits extending to family members and household staff. With prices starting at AED 1.2M at Gianfranco Ferre Residences, investors are in a strong position to apply for residency.

Long-Term Growth Potential in RAK

With exciting new projects on the way, like the UAE's first casino resort, Wynn Al Marjan Island, and a new airport expansion, Ras Al Khaimah is emerging as a vibrant destination, and Al Marjan Island is a cornerstone of that progress. Tranquil living blends with access to high-quality amenities, including beachfront resorts, fine dining, retail outlets, and flagship projects, while outside of RAK, the thriving global city of Dubai is reachable in just over an hour's drive.

About Mira Developments

With a portfolio comprising a variety of premium luxury projects across the UAE, Mira Developments enhances its offering by partnering with a selection of the world's most elevated brands including Bentley, Trussardi, Gianfranco Ferre and Elie Saab. Since launching in 2020, Mira has quickly established a strong reputation for excellent delivery, originally as a broker and now as a developer.

60/40 Payment Plan from Mira Developments