Miraggio Phase 2 by Source Of Fate
Ras Al Khaimah · Al Marjan Island · Miraggio
Miraggio Phase 2 by Source Of Fate is an apartment development by The Source of Fate Real Estate Development in Al Marjan Island, Ras Al Khaimah. Prices start at AED 1,700,000. Homes are studio to 3 bedroom apartments. The development is under construction, with handover scheduled for Q4 2028. Ownership is freehold.
Key facts
- Handover
- Q4 2028
- Status
- Under construction
- Ownership
- freehold
- Property types
- apartment
- Availability
- Available
Payment plan
Standard
10%
Down payment
10%
During construction
40%
On handover
40%
after handover
after handover, in four instalments
- 6 months from booking10%
- 12 months from booking10%
- 18 months from booking10%
- 24 months from booking10%
Available units
| Type | Area (sqft) | Layouts | Starting price |
|---|---|---|---|
| Studio | On request | 1 | AED 1,700,000 |
| 1 bedroom | On request | 1 | On request |
| 2 bedroom | On request | 1 | On request |
| 3 bedroom | On request | 1 | On request |
Amenities
- Indoor Swimming Pool
- Landscaped Gardens
- Leisure Lounge
- Entertainment Facilities
- Shared Spa
- Barbecue Area
- Dining in building
- Lobby in Building
- Children's Play Area
Location
Miraggio Phase 2 by Source Of Fate sits in Miraggio.
Master plan
The developer’s own site plan for Miraggio Phase 2 by Source Of Fate, showing how the buildings, roads and open space sit together.

How Miraggio Phase 2 by Source Of Fate compares
Entry here is AED 1.7M, against a median of AED 1.4M across the 2 priced projects in Miraggio, the highest entry price in the community. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Handover lands in Q4 2028, alongside 213 other projects completing in the same quarter. The Source of Fate Real Estate Development has 3 projects in our catalogue, 2 of them in Miraggio.
Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.
What you pay, and when
The published payment plan is 10% on booking, 10% during construction, 40% at handover and 40% after handover. The 40% due after handover falls in four instalments of 10%, at 6, 12, 18 and 24 months from booking. At the AED 1,700,000 entry price, that is AED 170,000 to reserve a unit, AED 170,000 across the build, and AED 680,000 due on completion.
Ownership and residency
Miraggio Phase 2 by Source Of Fate is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is below the AED 2,000,000 property threshold for the 10 year UAE golden visa.
Who it suits
The development is apartments in studio to 3 bedroom layouts.
What is on site
Shared facilities recorded for Miraggio Phase 2 by Source Of Fate lead with leisure lounge, entertainment facilities, shared spa, dining in building and lobby in building, alongside the indoor swimming pool, landscaped gardens, barbecue area and children's play area that most Dubai developments carry.
Frequently asked
What is the starting price at Miraggio Phase 2 by Source Of Fate?+
Miraggio Phase 2 by Source Of Fate starts at AED 1,700,000.
When does Miraggio Phase 2 by Source Of Fate hand over?+
Miraggio Phase 2 by Source Of Fate is scheduled to hand over in Q4 2028, alongside 213 other projects we track in the same quarter.
What is the payment plan at Miraggio Phase 2 by Source Of Fate?+
The published plan at Miraggio Phase 2 by Source Of Fate is 10% on booking, 10% during construction, 40% at handover and 40% after handover, so AED 170,000 reserves a unit at the AED 1,700,000 entry price. The 40% due after handover falls in four instalments, at 6, 12, 18 and 24 months from booking.
What sizes are available at Miraggio Phase 2 by Source Of Fate?+
Miraggio Phase 2 by Source Of Fate is apartments in studio to 3 bedroom layouts.
Can a foreign buyer own a home at Miraggio Phase 2 by Source Of Fate?+
Miraggio Phase 2 by Source Of Fate is freehold, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is below the AED 2,000,000 threshold for the 10 year UAE golden visa.
Which community is Miraggio Phase 2 by Source Of Fate in?+
Miraggio Phase 2 by Source Of Fate is in Al Marjan Island, Ras Al Khaimah. We track 2 projects in Miraggio.
Who is building Miraggio Phase 2 by Source Of Fate?+
Miraggio Phase 2 by Source Of Fate is developed by The Source of Fate Real Estate Development, who have 3 projects in our catalogue.
Before you commit
Ask about Miraggio Phase 2 by Source Of Fate
Payment plan, availability, floor plates, or a viewing of the show unit. It reaches an advisor with this project already attached, so the first reply answers the question rather than asking which one you meant.
Related off-plan projects
Others in Miraggio, then more from The Source of Fate Real Estate Development.
Miraggio Phase 2 by Source Of Fate is an off-plan development by The Source of Fate Real Estate Development in Al Marjan Island, priced from AED 1,700,000 with handover in Q4 2028. See more The Source of Fate Real Estate Development projects or all 2 off-plan projects in Miraggio. Developer data, verified by our team on 1 Sept 2026. Confirm current details with us before making a decision.





