Miraggio

Rising 16 storeys on Al Marjan Island, Miraggio by Source of Fate is a waterfront collection of 810 residential apartments with panoramic views of the Arabian Gulf. Designed by VX Studio, its cascading terraces and curved balconies sit along the bay promenade, a 15-minute walk from the upcoming Wynn Al Marjan Island. Open courtyards with tropical gardens and water features, a 24-hour concierge and ground-floor retail complete the building. A waterfront residential building on Al Marjan Island with sea-facing orientation and resort-style amenity provision. Semi-furnished delivery with equipped kitchens, expansive private terraces across the unit range, and floor-to-ceiling windows with panoramic sea outlook. Al Marjan Island is a master-planned waterfront development with a fixed land area. Unlike mainland districts, supply is bounded by the reclamation itself, which is the structural underpinning of the pricing case. Road access to the island is established, and hotel, F&B and marina infrastructure is expanding alongside the residential pipeline rather than lagging it. Demand splits into two pools: leisure demand driving short-let and holiday-home occupancy, and a growing residential base drawn by Ras Al Khaimah's tax position and lower entry pricing relative to Dubai.