Is this a good buy?
Buy / Watch / Skip verdict scored against similar homes.
WATCH 72/100 conviction
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SAVILLS "Miraggio" by Source of Fate Properties is a developer off-plan launch in Al Marjan Island, handover 2028-Q4. Entry pricing starts at From AED 1.20M.
Al Marjan Island averages 12.0% annual appreciation and 6.0% area rent return once handed over. Wolfie projects a 76.2% value uplift over 5 years on these community fundamentals.
| Entry price | From AED 1.20M |
| Handover | 2028-Q4 |
| Payment plan | On request |
| Area average rent return | 6.0% |
| Annual appreciation | +12.0% |
| Y5 projected value | AED 2.11M |
| Golden Visa eligible | No |
| Developer | Source of Fate Properties |
We’ll generate a full PDF report, Wolfie Verdict, exit-strategy scenarios, capital appreciation, rental yield, and the investor brief, and an advisor will follow up to walk you through it.
What sits around Al Marjan Island, and what it means for the investment case.
Homes in Al Marjan Island command around a 12% rental premium over the Dubai average, driven by its established address and community amenities.
Corporate tenants from Dubai Internet City and Business Bay, both under 16 minutes away, keep demand steady year round.
Improving transport links and an active development pipeline support continued capital appreciation.
Miraggio is a 15-storey residential development by Source of Fate Properties on Al Marjan Island, Ras Al Khaimah, represented by Savills. The project comprises 810 freehold residences — studios, 1, 2, and 3-bedroom apartments ranging from 420 to 1,826 sq ft — priced from AED 1,200,000 to AED 4,900,000. The architecture features cascading balconies and curved terraces designed to complement the coastal setting. Inside, panoramic floor-to-ceiling windows frame sea views, while interiors are finished in natural stone and wood across a calm, light palette. Units are delivered semi-furnished. Residents access an infinity pool, children's pool and splash pad, covered gym, crossfit zone, paddle court, jogging tracks, and landscaped gardens. Ground-floor retail and a grand lobby complete the building. The location puts you 15 minutes on foot from Wynn Al Marjan Island, 25 minutes from central Ras Al Khaimah, and within easy reach of Al Hamra Mall, Al Hamra Golf Club, and RAK International Airport. A post-handover payment plan is available. Handover: December 2028.
We’ll generate a full PDF report, Wolfie Verdict, exit-strategy scenarios, capital appreciation, rental yield, and the investor brief, and an advisor will follow up to walk you through it.
