Where is Al Marjan Island located?

Al Marjan Island is located in Ras Al Khaimah, United Arab Emirates.

Can foreigners buy properties on Al Marjan Island?

Yes, foreigners can buy freehold properties on Al Marjan Island, making it an attractive option for international investors.

Is Al Marjan Island good for families?

Yes, Al Marjan Island offers a peaceful environment with excellent amenities such as schools, healthcare facilities, and recreational options, making it ideal for families.

Is Al Marjan Island man-made?

Yes, Al Marjan Island is a man-made archipelago developed along the coast of Ras Al Khaimah.

How far is Al Marjan Island from Dubai?

Al Marjan Island is approximately 45–60 minutes by car from Dubai, depending on traffic.

Is it good to invest in Marjan Island?

Yes, Al Marjan Island is considered a strong investment option due to growing tourism, ongoing development, and increasing property demand.

What are the benefits of living on Marjan Island?

Residents enjoy beachfront living, modern infrastructure, leisure facilities, and a peaceful community atmosphere with easy access to essential services.

What is the nearest airport to Al Marjan Island?

The nearest major airport is Ras Al Khaimah International Airport, with Dubai International Airport also within convenient driving distance.

What is the background of the Developer?

Source of Fate is a luxury UAE-based real estate developer founded in 2021, specializing in high-end waterfront residential projects in Dubai and Ras Al Khaimah (Al Marjan Island). Part of the Wheel of Fate conglomerate, the firm launched with an ~AED 10 billion ($2.7B) project pipeline, focusing on sustainable, modern luxury, led by Dr. Majid Jack Hsiung

Other Projects completed by the Developer

Key Projects: Sunshine Bay (sold out) and Miraggio (810 units), both on Al Marjan Island. Focus: Luxury, sustainability, wellness, and high-end design. Funding: Fully funded, ensuring guaranteed delivery of projects. Market Position: Awarded "Rising Ultra Luxury Developer of the Year" (2025) at UAE Realty Awards.

Does One Broker Group – OBG – take any money from the Clients?

No, all payments are done to the Developers account. Instalment payments are done to the Escrow accounts of the Developer and Registration, or other fees, is done to the Developers current / corporate accounts.

What is the process for purchasing a unit?

Please note that procedures may vary depending on the developer; however, in most cases, a payment of 10%–20% is required to secure a unit. Initially, you will be asked to sign a reservation form, and upon receipt of the required payment (typically 20%), the Sales and Purchase Agreement (SPA) will be issued. In certain instances, developers may request a fixed reservation fee (for example, AED 50,000 or USD 10,000), following which the reservation form will be provided. We recommend confirming the exact process with your sales representative, as requirements and procedures may differ across developers.

Does OBG assist in handover of the unit?

Yes, we will be with you all the way to handover and offer assistance during that time. We can arrange the snagging, renting or selling the property or even the interior decorations. We are a one stop shop.

What are the other costs associated with Purchasing a property?

Before taking possession of the unit, 4% of the Purchase Price has to be paid to the Rak Government Land Department. Along with that there will be a registration fee ranging from AED 3000 – AED 10,000, paid upon purchase of the property.

What is the annual service fee?

Service fees are mandatory annual maintenance payments paid by property owners to cover cleaning, security, and upkeep of common areas like pools, gyms, and lobbies. Above mentioned rates are estimates and can vary upon handover.

Can I sell the property before taking the handover?

Yes you can, but please double check the resale percentage allowed for the property.

How many units are there in Miraggio?

The project has a total of 810 units consisting of Studios, 1 Beds, 2 Beds and 3 Beds.

Mirragio by Source of Fate | One Broker Group

Miraggio is a sculptural architectural masterpiece set on the shores of Al Marjan Island, Ras Al Khaimah. Inspired by the movement of the sea and the tranquility of nature, its cascading terraces and curved façade seamlessly blend with the surrounding landscape. The building invites residents into a space of calm and timeless elegance — where every moment is shaped by the rhythm of the ocean, the warmth of the sun, and the organic flow of design. More than a residence, Miraggio is a sanctuary of art, architecture, and sensory well-being.

The residences offer expansive layouts with natural stone finishes, panoramic terraces, and floor-to-ceiling windows that flood the interiors with light. Soft neutral tones, high-end materials, and harmonious textures create a sense of openness and refinement throughout. Indoor and outdoor spaces flow into each other, offering uninterrupted views of the Arabian Gulf and inviting serenity into daily living. Every detail is crafted to elevate comfort, beauty, and a deeply personal connection to the coastal environment.

Miraggio is designed around holistic wellness and lifestyle enrichment. Residents enjoy a wide range of amenities including a sea-view infinity pool, yoga studio, gym, tropical gardens, a jogging track, water features with sunken seating, and quiet lawn areas for reflection. Along the promenade, curated landscapes and shaded retreats create a peaceful rhythm of life. Miraggio offers not only tranquility — but extraordinary connectivity in one of the UAE’s most prestigious waterfront destinations.