Miraggio Phase 2

Miraggio Phase 2 by The Source of Fate Real Estate Development is the eagerly anticipated next chapter of one of Al Marjan Island most celebrated and award-winning waterfront residential communities. Building on the remarkable reception and critical acclaim of the original Miraggio launch — a project that earned regional recognition as the best coastal complex in the area and drew the exclusive sales partnership of Savills — Phase 2 arrives with the same DNA of architectural ambition, resort-calibre lifestyle thinking, and deep commitment to coastal living excellence, now distilled into a new and equally compelling collection of studios, one, two, and three-bedroom apartments positioned directly on the pristine shores of Ras Al Khaimah Arabian Gulf coast. Developed by Source of Fate Properties, the boutique luxury arm of the Wheel of Fate Group, this is a development shaped by a genuinely refined understanding of what beachfront island living can and should feel like in the modern UAE.

Every residence in Miraggio Phase 2 has been designed to maximise the irreplaceable quality of its waterfront setting. Wide floor-to-ceiling glazing fills each home with the shifting light of the Gulf from morning to evening, while efficiently planned open-plan layouts, smooth built-in features, and high-quality resort-inspired finishes in soft neutral tones create interiors that feel as calm and enveloping as a five-star hotel suite. Expansive private balconies extend the living space outward toward the sea, and every configuration — from the focused efficiency of a studio to the generous proportions of a three-bedroom home — reflects a consistent philosophy of elegance, functionality, and quiet luxury. Fully equipped kitchens, smart infrastructure readiness, and premium bathrooms complete an interior proposition of genuine and lasting quality.

The amenity offering at Miraggio Phase 2 has been assembled with the full breadth of community living in mind. A spectacular indoor swimming pool provides a private aquatic retreat available year-round in a beautifully finished aquatic environment, while beautifully landscaped tropical gardens weave green serenity through the entire development. A shared spa, a leisure lounge, entertainment facilities, a barbecue area, an in-building dining offer, and a grand statement lobby ensure that every dimension of the modern resident lifestyle is covered with care and distinction. A dedicated children play area creates a safe, nurturing space for younger residents, while the entire development benefits from the direct shoreline proximity and private beach access that define the Miraggio community experience at both phases.

Positioned on Al Marjan Island immediately adjacent to the Wynn Al Marjan Island resort — the UAE first integrated casino and hospitality destination scheduled to open in 2027 — and surrounded by world-class brands including JW Marriott, W Hotel, Nobu, and Nikki Beach, Miraggio Phase 2 occupies a genuinely transformative address within the RAK real estate landscape. Dubai International Airport is reachable in under 45 minutes via the E11 highway. Al Hamra Mall and Golf Club are minutes away. With Al Marjan Island property values rising 15 to 20 percent in 2024, projected ROI of 12 to 20 percent driven by surging Wynn-era demand, freehold ownership open to all nationalities, Golden Visa eligibility, and a flexible structured post-handover payment plan, Miraggio Phase 2 is a precisely timed opportunity in one of the most dynamic coastal investment markets in the world.

Property Status

Under Construction possession around December 2028

Unit Details

Studio