Miraggio by Source of Fate on Al Marjan Island, Ras Al Khaimah

Al Marjan Island – UAE’s Next Premier Destination

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.

Community-Led Amenities

Designed with a focus on privacy, wellness, and high-end amenities, Miraggio features a state-of-the-art gym, infinity pool, children’s play area, 24/7 security, and lush landscaped gardens, complemented by nearby gourmet dining, leisure attractions, and a boutique retail environment. With seamless connectivity to the Wynn Resort, Al Hamra Mall, golf courses, yacht clubs, and RAK International Airport, Miraggio blends serenity with convenience in one of the UAE’s fastest-evolving real estate corridors.

Family-Friendly Environment and Education Access

Families will love the island sanctuary of Miraggio, complete with elevated amenities in safe, secure surroundings. With proximity to top-tier academic institutions like RAK Academy Al Hamra, International School of Choueifat Ras Al Khaimah, Little Treasures Nursery and RAK American Academy for Girls, there are plenty of great educational options too.

Proximity to Healthcare

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.

High-Yield Investment Potential in Al Marjan Island

Properties on Al Marjan Island offer up to 10% rental yields, especially for waterfront homes. In 2024 alone, values rose over 33%, outperforming Dubai and Abu Dhabi. Playa Viva’s starting prices, 30–40% lower than comparable Dubai assets, present high ROI potential, especially with the upcoming $3.9B Wynn Resort, improved airport access, and rising demand for luxury short-term rentals.

Residency Visa Eligibility Through Real Estate

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 Miraggio, investors are in a good position to apply for residency.

Al Marjan Island Development and Growth Outlook

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 Source of Fate

Source of Fate is a boutique luxury developer and a division of the Wheel of Fate Group, recognized for their visionary projects and sophisticated design standards. Known for blending innovation with elegance, Source of Fate focuses on high-end living experiences that resonate with modern end-users and discerning investors. Their first development set new benchmarks in the UAE’s coastal market, and Miraggio, their second, is set to elevate the bar even higher.

60/40 Payment Plan from Source of Fate