Gianfranco Ferré Residences Al Marjan Island
Gianfranco Ferré Residences is a fully furnished serviced residential development by Mira Developments on Island 4 of Al Marjan Island, Ras Al Khaimah. The project combines Italian fashion-led interiors, hotel-level resident services and sea-facing architecture within one of the island’s established resort districts.
The development comprises 191 residences in a 2-basement, ground-floor, 10-storey and rooftop building, with a mix ranging from studios and one-bedroom apartments to two, three and four-bedroom duplex residences. Every apartment is designed as a serviced home, with interiors furnished using pieces from the Gianfranco Ferré Home collection by ONIRO Group.
Gianfranco Ferré Residences also offers a 3-year post-handover payment plan, with 50% of the purchase price payable after completion. This gives buyers a longer payment period while purchasing a fully furnished residence expected to complete in Q1 2028.
Gianfranco Ferré Residences Quick Facts
- Project: Gianfranco Ferré Residences
- Location: Island 4, Al Marjan Island, Ras Al Khaimah
- Developer: Mira Developments
- Operator: Mira
- Brand: Gianfranco Ferré
- Property Type: Serviced residences
- Building: 2B + G + 10 floors + rooftop
- Total Residences: 191
- Unit Mix: Studios, 1-bedroom, 2-bedroom, 2-bedroom duplex, 3-bedroom duplex and 4-bedroom duplex
- Starting Price: AED 1.60 million (approx. USD 436,000)
- Furnished: Fully furnished
- Payment Plan: 10/35/5/50
- Post-Handover Payment Plan: 50% over 3 years
- Expected Completion: Q1 2028
- Estimated Service Charge: AED 25–27 per sq ft
- Resale: After 40% paid
- Short-Term Rental: Yes
- Concierge Services: Yes
- Housekeeping: Yes
- F&B: Two fine-dining restaurants
- Lobby Café: Yes
- Rooftop Wellness: Yes
- Beach Access: Around 5 minutes on foot
- Contractor: Mira Construction
- Construction Status: Early works, fencing and excavation stage as of March 2026
Gianfranco Ferré Apartments and Prices
Gianfranco Ferré Residences offers a broad selection of serviced apartments on Al Marjan Island, ranging from compact studios to large four-bedroom duplex homes of more than 5,000 sq ft.
Current Unit Types
- Studio: 443–451 sq ft, average 447 sq ft, from AED 1.60M (approx. USD 436K)
- 1-Bedroom: 889–970 sq ft, average 930 sq ft, from AED 2.60M (approx. USD 708K)
- 2-Bedroom: 1,300–1,800 sq ft, average 1,550 sq ft, from AED 3.50M (approx. USD 953K)
- 2-Bedroom Duplex: 1,400–1,600 sq ft, average 1,500 sq ft, from AED 4.40M (approx. USD 1.20M)
- 3-Bedroom Duplex: 2,370–2,400 sq ft, average 2,385 sq ft, from AED 7.35M (approx. USD 2.00M)
- 4-Bedroom Duplex: 5,150–5,400 sq ft, average 5,275 sq ft, from AED 14.50M (approx. USD 3.95M)
The project includes studios, one-bedroom apartments, two-bedroom apartments and two, three and four-bedroom duplex residences.
Gianfranco Ferré Home Interiors
One of the defining features of Gianfranco Ferré Residences is its fully furnished interior concept.
Every residence is furnished with pieces from the Gianfranco Ferré Home collection, created by ONIRO Group to reflect the fashion house’s architectural design language.
The interiors combine structured lines, refined proportions and Italian detailing, giving buyers a turnkey residence rather than an unfurnished apartment requiring a separate fit-out after completion.
The furnished format also supports buyers considering short-term rental, as the apartments are designed for a more immediate transition into personal use or rental operation after handover.
Waterfront Location on Al Marjan Island
Gianfranco Ferré Residences occupies a waterfront position on Al Marjan Island, with the architecture specifically designed to maximize views toward the Arabian Gulf. The building has a distinctive U-shaped form oriented toward the sea, allowing natural light, water and open views to form an important part of the residential experience.
The development is surrounded by the Arabian Gulf on three sides, with the developer highlighting unobstructed sea views as one of the project's main features.
Selected apartments also include private terrace pools overlooking the sea.
Location Near Wynn Al Marjan Island
The Island 4 location places Gianfranco Ferré Residences close to several major hotels, beaches, restaurants and entertainment destinations across Al Marjan Island and Al Hamra.
Nearby Destinations
- Address Al Marjan Island: Around 1 minute
- Mövenpick Resort Al Marjan Island: Around 6 minutes
- Wynn Al Marjan Island: Around 8 minutes
- Al Hamra Mall: Around 10 minutes
- Waldorf Astoria Ras Al Khaimah: Around 11 minutes
The location may appeal to buyers looking for property near Wynn Al Marjan Island while preferring a serviced residential development rather than a conventional hotel residence.
Amenities at Gianfranco Ferré Residences
Gianfranco Ferré Residences combines rooftop wellness, family facilities, landscaped areas, fitness spaces, restaurants and hotel-style resident services.
Pools and Wellness
- Rooftop Wellness: Dedicated rooftop leisure facilities
- Ladies’ Pool: Separate pool for privacy
- Men’s Pool: Separate pool for privacy
- Family Pool: Positioned close to the children's play area
- Private Pools: Available with selected residences
- Sun Decks: Outdoor relaxation areas
- Landscaped Gardens: Resident leisure and social spaces
The rooftop wellness concept includes separate ladies' and men's pools with sea views. The development also includes a family pool positioned close to the children's play area.
Fitness and Recreation
The fitness facilities have been designed by Technogym specifically for Gianfranco Ferré Residences.
- Fitness Center: Technogym-designed
- CrossFit Zone: Dedicated training area
- Pilates Area: Dedicated Pilates facilities
- Cycling Area: Specialized cycling zone
- Ladies’ Fitness Zone: Separate facilities
- Men’s Fitness Zone: Separate facilities
Gardens and Outdoor Areas
Landscaped gardens and sun decks provide residents with quieter spaces for relaxation and informal socializing. The outdoor environment adds a residential layer to the serviced concept, giving residents access to landscaped areas away from the main pools and indoor facilities.
Concierge, Housekeeping and Hotel-Level Services
Gianfranco Ferré Residences is positioned as a serviced residential development with a range of hotel-style services available to owners and residents.
Resident Services
- Concierge: 24-hour service
- Valet Parking: Available to residents
- Housekeeping: Available around the clock
- Weekly Cleaning: Complimentary weekly cleaning
- Security: 24-hour security
- Surveillance: Advanced monitoring systems
- Restaurant Reservations: Concierge assistance
- Delivery Assistance: Support with daily deliveries
- Resident Requests: Day-to-day concierge support
The housekeeping team is available to clean, refresh or prepare apartments when required. The 24-hour concierge and valet team can assist with restaurant reservations, deliveries, day-to-day requests and vehicle collection.
Dining and Retail
Dining forms an important part of the Gianfranco Ferré Residences lifestyle concept.
- Lobby Café: On-site café
- Fine Dining: Two restaurants
- Retail: Ground-floor retail zone
- Sea-View Dining: Restaurant areas overlooking the water
The developer brochure identifies a lobby café, ground-floor retail and two restaurants with sea views within the development.
Gianfranco Ferré Residences Payment Plan
The current Gianfranco Ferré Residences payment plan is structured as 10/35/5/50.
- Initial Payment: 10%
- During Construction: 35%
- At Handover: 5%
- Post-Handover: 50%
- Post-Handover Period: 3 years
The structure leaves 50% of the property price payable after handover, making the project relevant for buyers looking for an extended post-handover payment plan on Al Marjan Island.
The expected completion date is Q1 2028.
3-Year Post-Handover Payment Plan
The Gianfranco Ferré Residences post-handover payment plan extends for 3 years after completion, with 50% of the property price remaining payable during this period. This allows buyers to spread a substantial part of the purchase price beyond Q1 2028 rather than completing the full property payment before handover.
For buyers comparing Ras Al Khaimah off-plan properties with post-handover plans, the 50% post-handover component is one of the project's most significant commercial features.
Short-Term Rental Potential
Short-term rental is permitted at Gianfranco Ferré Residences.
The combination of fully furnished interiors, housekeeping, concierge services, on-site restaurants, waterfront views and proximity to Wynn Al Marjan Island may appeal to investors considering holiday-home use.
Studios and one-bedroom apartments offer the lowest entry points, while the larger two-bedroom and duplex residences may suit families and groups seeking more space.
Resale Rules
Resale is permitted after 40% of the property price has been paid, subject to the developer's latest resale procedures and the terms of the Sales and Purchase Agreement.
Buyers planning a resale before Q1 2028 should consider the 40% threshold alongside their individual payment schedule.
Is Gianfranco Ferré Residences a Good Investment?
Gianfranco Ferré Residences combines international design branding, waterfront positioning, serviced living and an extended post-handover payment structure on Al Marjan Island.
Key Investment Strengths
- Brand: Gianfranco Ferré
- Interiors: Fully furnished by Gianfranco Ferré Home
- Location: Island 4, Al Marjan Island
- Views: Sea-facing residences
- Payment Plan: 50% over 3 years post-handover
- Unit Mix: Studios through 4-bedroom duplexes
- Short-Term Rental: Allowed
- Resident Services: Housekeeping and concierge
- Fitness: Technogym-designed facilities
- Dining: Two fine-dining restaurants
- Wynn Proximity: Around 8 minutes
- Completion: Q1 2028
Who Gianfranco Ferré Residences May Suit
- Buyers looking for Gianfranco Ferré Residences Al Marjan Island
- Investors looking for a 3-year post-handover payment plan
- Buyers seeking fully furnished apartments in Ras Al Khaimah
- Investors considering short-term rental on Al Marjan Island
- Buyers looking for property near Wynn Al Marjan Island
- Buyers wanting serviced residences with housekeeping
- Investors comparing branded residences on Al Marjan Island
- Buyers seeking studios from AED 1.60M
- Families looking for large duplex residences
- Buyers wanting concierge and hotel-style services
Compare Gianfranco Ferré Residences on RAKcompare
RAKcompare helps buyers compare Gianfranco Ferré Residences with other branded, serviced and waterfront developments across Al Marjan Island and Ras Al Khaimah.
Compare projects by starting price, unit size, payment plan, post-handover period, furnishing, brand, service charge, short-term rental rules, beach access, handover date and resident services to identify the development that best fits your investment or personal-use requirements.
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