Gianfranco Ferre Residences
By Mira Development
Gianfranco Ferre branded residences in Ras Al Khaimah: prices, payment plan, unit types and handover date. Compare on RAKcompare.
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Gianfranco Ferre Residences
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Gianfranco Ferre Residences
Al Marjan Island 4
Project Name
Gianfranco Ferre Residences
Developer
Mira Development
Location
RAK, Al Marjan Island 4
Type
Branded / Serviced Residences.
Brand
Gianfranco Ferre
Avail. Unit Types
Studio, 1 Bed, 2 Bed, 2 Bed Duplex, 3 Bed Duplex, Duplex, Penthouse
Furnished
Fully Furnished
Beach Access
5 min walk
Concierge Services
Valet
Est Completion
Q1 2028
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About the project
Gianfranco Ferre Residences is a fully furnished, hotel-serviced residential tower on Island 4 of Al Marjan Island in Ras Al Khaimah, developed by Mira Developments in partnership with the...
Amenities
Parking
Wi-Fi
24/7 Security
Rooftop Terrace
Swimming Pool
Kids Play Area
Our Exclusive Projects
Gianfranco Ferre Residences · Al Marjan Island 4
Frequently asked questions.
What is the background of the Developer?⌄
Mira Developments’ vision goes far beyond creating beautiful homes, it’s about shaping thriving communities where everyday life feels just as special outside your door as it does within your walls. We strive to transform entire neighborhoods, nurturing a sense of connection, well-being, and genuine belonging. Every project is designed with a deep respect for the environment and the people who will call it home. We use natural materials, adopt energy-saving technologies, and prioritize green spaces that invite people outdoors. Mira Developments is setting a new standard for luxury living, one where beauty is more than surface deep, and where the true value of a home is measured by the life you live in and around it, a place where you don’t just reside, but truly belong.
Other Projects completed by the Developer⌄
Mira Developments is a Dubai-based luxury real estate developer known for branded residences in the UAE, Georgia, and Switzerland. Key projects include Trussardi Residences (Al Furjan), Mira Villas designed by Bentley Home (Meydan), Gianfranco Ferré Residences (Al Marjan Island), Mira Coral Bay (RAK), and POST Hotel & Residences by ELIE SAAB (Switzerland)
Does One Broker Group – OBG – take any money from the Clients?⌄
Off-Plan Primary Purchases (Direct from Developer)
- Administrative fees or booking fees are paid directly into the developer's corporate accounts
- All instalment payments go directly into the developer's designated escrow account, as required under UAE real estate regulations
- Your investment funds remain fully protected and ring-fenced at all times
- OBG does not hold or handle client funds for the purchase
International Investors Without a UAE Bank Account
Secondary Purchases (Off-Plan or Ready)
- OBG will appoint a trusted third-party escrow provider on the client's behalf, or the client may choose to engage their own preferred provider such as a regulated trust company to handle their payments
- The escrow provider will manage and disburse all payments throughout the transaction
- Full transparency and documentation provided at every step
- Adds an additional layer of security and accountability for international buyers
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.
READ IN BLOG SECTION - FULL PROCESS
Does OBG assist in handover of the unit?⌄
Post-Handover Services
From reservation to return, OBG manages your investment beyond the sale. Whether you're renting, reselling, or furnishing, our team is with you at every stage
Rental Management
- Finding tenants, managing lease agreements, rent collection
- Short-term vs long-term rental strategy advice
- Yield optimisation, especially relevant on Al Marjan given the tourism boom
Resale / Exit Strategy
- When the investor wants to sell, OBG lists and markets the unit on various platforms and having access to large database of clients.
- Capital appreciation tracking so they know the right time to exit
Holiday Home / Short-Term Rental
- List the unit on Airbnb, Booking.com, holiday home platforms
- Property management, guest handling, cleaning, maintenance
- Particularly powerful for Al Marjan given Wynn resort proximity
Interior Fit-Out
- Connecting investors to trusted fit-out contractors
- Furnished vs unfurnished recommendations based on rental strategy
- Design coordination for handover-ready units
Property Management
- Maintenance coordination, service charge management, Handover and Snagging.
- NOC handling, utility setup, community registration
What are the other costs associated with Purchasing a property?⌄
At the time of booking, a registration fee ranging from AED 3,000 to AED 10,000 must be paid upon purchase of the property.
Before taking possession of the unit, 4% of the purchase price has to be paid to the Ras Al Khaimah Government Land Department.
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.
How many units are there in Gianfranco Ferre?⌄
This project consists of 191 units - Studios, 1 Beds, 2 Beds, 2 Bed Duplex, 3 Bed Duplex and 4 Bed Duplex.
