Miraggio Phase 2 by Source Of Fate
Ras Al Khaimah · Al Marjan Island · Miraggio
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
Available units
| Type | Area (sqft) | Bathrooms | Layouts | Starting price |
|---|---|---|---|---|
| Studio | 0 | 1 | AED 1,700,000 | |
| 1 bedroom | 0 | 1 | On request | |
| 2 bedroom | 0 | 1 | On request | |
| 3 bedroom | 0 | 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
About the project
Nestled on the pristine shores of Al Marjan Island in Ras Al Khaimah, Miraggio Phase 2 by Source Of Fate represents the pinnacle of waterfront luxury living. This exceptional residential development transforms the concept of coastal living into an art form, where every morning begins with gleaming sunrises over the Arabian Gulf and each residence serves as a personal sanctuary of comfort and elegance.
Designed for discerning homeowners and astute investors alike, Miraggio Phase 2 offers an exquisite collection of studios and refined 1-, 2-, and 3-bedroom apartments that seamlessly blend contemporary sophistication with resort-style living. With completion scheduled for December 2028 and starting prices from AED 1,700,000, this development presents an unparalleled opportunity to own a piece of paradise in one of the UAE's most coveted waterfront destinations.
Prime Location Analysis: Al Marjan Island Advantages
Al Marjan Island stands as Ras Al Khaimah's crown jewel, a man-made archipelago that has redefined luxury coastal living in the northern emirates. Miraggio Phase 2's strategic positioning on this prestigious island offers residents exclusive access to
Waterfront Excellence:
- Direct beachfront access with pristine sandy shores
- Unobstructed panoramic views of the Arabian Gulf
- Protected marina facilities and water sports activities
- Exclusive island community atmosphere
Regional Connectivity:
- 45-minute drive to Dubai International Airport
- Easy access to major UAE highways and transportation networks
- Proximity to Ras Al Khaimah International Airport
- Strategic location between Dubai and the northern emirates
Local Amenities:
- World-class dining and entertainment venues
- Championship golf courses and luxury resorts
- Premium shopping and retail destinations
- Healthcare facilities and international schools
Unique Architectural Features and Design Elements
Miraggio Phase 2 showcases contemporary architectural excellence that harmoniously blends modern aesthetics with functional luxury. The development's design philosophy centers on maximizing natural light, optimizing sea views, and creating seamless indoor-outdoor living experiences.
Design Highlights:
- Expansive Glazing: Floor-to-ceiling windows throughout all units maximize natural light and showcase breathtaking water views
- Airy Proportions: Thoughtfully designed layouts with high ceilings create spacious, comfortable living environments
- Neutral Palette: Sophisticated color schemes featuring soft, neutral tones that complement the coastal setting
- Built-in Features: Smooth, integrated storage solutions and custom millwork enhance both functionality and aesthetics
- Resort-Style Details: Premium finishes and fixtures reminiscent of luxury beach resorts elevate the living experience
The architectural approach emphasizes clean lines, open-plan living, and seamless transitions between interior and exterior spaces, creating homes that feel both intimate and expansive.
Detailed Amenities and Facilities Overview
Miraggio Phase 2 delivers a comprehensive lifestyle experience through its exceptional amenities and facilities, designed to cater to every aspect of modern luxury living
Aquatic Features:
- 51-meter Olympic-standard swimming pool for serious swimmers and fitness enthusiasts
- Children's splash areas and family-friendly water features
- Poolside lounging areas with premium furnishings
- Dedicated pool service and maintenance
Recreation and Wellness:
- State-of-the-art fitness center with modern equipment
- Dedicated yoga and meditation spaces
- Landscaped gardens and walking paths
- Beach access with private shoreline areas
Community Spaces:
- Elegant lobby and reception areas
- Multi-purpose community rooms for events and gatherings
- Children's play areas with safe, modern equipment
- Barbecue and outdoor dining facilities
Convenience Services:
- 24/7 security and concierge services
- Covered parking facilities
- High-speed internet and smart home connectivity
- Maintenance and property management services
Lifestyle and Community Aspects
Life at Miraggio Phase 2 embodies the perfect balance between tranquil coastal living and vibrant community engagement. The development fosters a sophisticated yet relaxed atmosphere where residents can enjoy both solitude and social connection.
Daily Living Experience:
- Wake up to stunning sunrise views over the Arabian Gulf
- Enjoy morning walks along pristine beaches
- Access to water sports and recreational activities
- Evening gatherings in beautifully landscaped common areas
Family-Friendly Environment:
- Safe, secure community with controlled access
- Dedicated children's facilities and play areas
- Family-oriented events and community activities
- Proximity to quality educational institutions
Social and Cultural Opportunities:
- Regular community events and celebrations
- Access to Al Marjan Island's dining and entertainment venues
- Cultural attractions and festivals in Ras Al Khaimah
- Networking opportunities with like-minded residents
Investment Potential and Market Value
Miraggio Phase 2 represents an exceptional investment opportunity in one of the UAE's fastest-growing real estate markets. Ras Al Khaimah's strategic development initiatives and Al Marjan Island's established reputation as a luxury destination create strong fundamentals for long-term value appreciation.
Investment Advantages:
- Growing Market: Ras Al Khaimah's expanding tourism and business sectors drive demand
- Limited Supply: Exclusive waterfront properties with restricted development opportunities
- Rental Potential: Strong demand from tourists and expatriate professionals
- Capital Appreciation: Historical trend of value growth in premium coastal developments
- Flexible Payment Plans: Installment options available during construction phase
Connectivity and Accessibility
Despite its serene island setting, Miraggio Phase 2 offers excellent connectivity to major business and leisure destinations throughout the UAE
Transportation Links:
- Direct highway access to Dubai and other emirates
- Regular shuttle services to key destinations
- Proximity to both RAK and Dubai international airports
- Water taxi services connecting to mainland facilities
Business Accessibility:
- 60-minute commute to Dubai's business districts
- Growing commercial opportunities within Ras Al Khaimah
- Access to free zone facilities and business centers
- Emerging technology and innovation hubs
Developer Profile: The Source of Fate Real Estate Development
The Source of Fate Real Estate Development brings a commitment to excellence and innovation to every project. With a focus on creating distinctive residential communities that enhance lifestyle and investment value, the developer has established a reputation for quality construction, thoughtful design, and exceptional customer service.
The company's approach to Miraggio Phase 2 reflects their understanding of modern luxury living requirements, combining international design standards with local market knowledge to create truly exceptional residential experiences.
Miraggio Phase 2 by Source Of Fate offers more than just a home – it provides a lifestyle transformation where every day feels like a luxury resort experience. With its prime Al Marjan Island location, sophisticated design, comprehensive amenities, and strong investment potential, this development represents an unparalleled opportunity to own a piece of waterfront paradise.
Frequently asked
What is Miraggio Phase 2 by Source Of Fate's starting price?+
The starting price for Miraggio Phase 2 by Source Of Fate is 1,700,000.
Who is the owner of Miraggio Phase 2 by Source Of Fate?+
The owner of Miraggio Phase 2 is Source Of Fate, a developer known for creating premium residential projects. Their focus on luxury, modern design, and high-quality finishes ensures that each development offers both comfort and long-term investment potential for homeowners and investors alike.
What are the housing options of Miraggio Phase 2 by Source Of Fate?+
Miraggio Phase 2 by Source Of Fate offers a range of residential housing options designed for different lifestyles. The development includes studio apartments starting from 1,700,000 AED, providing a compact yet efficient living space ideal for singles, couples, or investors looking for a high-demand unit type. These studios are thoughtfully planned with modern finishes and access to waterfront views, making them attractive for both long-term living and rental income.In addition to studios, the project will feature one-bedroom apartments, with details to be announced soon. These units are expected to offer a balance of comfort and functionality, suitable for professionals or small families. Two-bedroom apartments are also part of the housing mix, giving residents more space for daily living, extended stays, or shared occupancy. For those seeking even larger layouts, three-bedroom apartments will be available, accommodating families or buyers who prefer generous interior space.Each housing option at Miraggio Phase 2 reflects contemporary design and access to resort-style amenities, enhancing the appeal of the community for residents and investors alike. The variety in unit types supports diverse market needs while contributing to the project’s overall value proposition.
What is the Payment Plan of Miraggio Phase 2 by Source Of Fate ?+
Payment Plan for Miraggio Phase 2 by Source Of FateThe payment plan for Miraggio Phase 2 by Source Of Fate is structured as follows:10% payable at the time of booking10% payable upon signing the Sales and Purchase Agreement (SPA)40% payable upon handover of the unit10% payable 6 months after handover10% payable 12 months after handover10% payable 18 months after handover10% payable 24 months after handoverThis plan requires 20% upfront before handover, 40% at handover, and the remaining 40% spread over two years after handover, providing a clear and structured post-handover payment schedule.
Is Miraggio Phase 2 by Source Of Fate a good investment?+
Yes, Miraggio Phase 2 by Source Of Fate can be considered a strong investment due to its beachfront location on Al Marjan Island and its focus on lifestyle-driven living. The project offers studios and 1-, 2-, and 3-bedroom residences with efficient layouts, wide glazing, and high-end finishes inspired by luxury resorts. Direct proximity to the shoreline, sea views, a 51-meter Olympic swimming pool, and landscaped leisure areas enhance rental demand and long-term value. These features support both short-term holiday rentals and long-term residential appeal, making the project suitable for investors seeking consistent returns.
When is Miraggio Phase 2 by Source Of Fate's Delivery date?+
The delivery date for Miraggio Phase 2 by Source Of Fate is scheduled for Q4 2028. Buyers can expect the project to be fully completed with all amenities, interiors, and landscaping ready by this time, allowing residents to move in and enjoy the waterfront lifestyle without delay. This timeline ensures a well-planned, high-quality finish aligned with the developer’s standards.
Where is Miraggio Phase 2 by Source Of Fate Located?+
Miraggio Phase 2 by Source Of Fate is located in Miraggio, Al Marjan Island, Ras Al Khaimah, offering direct access to the waterfront.
Is Miraggio Phase 2 by Source Of Fate Freehold or leasehold?+
Miraggio Phase 2 by Source Of Fate is a freehold property, allowing full ownership rights for eligible buyers without lease restrictions.
Miraggio Phase 2 by Source Of Fate is an off-plan development by The Source of Fate Real Estate Development in Miraggio, priced from AED 1,700,000 with handover in Q4 2028. See more The Source of Fate Real Estate Development projects. Data sourced from the developer/Property Finder and last refreshed 20 Jul 2026 — confirm current details with us before making a decision.