Branded Sea Views
Al Marjan Island 4 · Elevate
Mondrian Residences
Starting priceAED 1,650,000
Unfurnished | Optional paid package (1 Bed AED 70,000; 2 Bed AED 90,000)Gianfranco Ferré Residences
Al Marjan Island 4, Ras Al Khaimah · by Mira Developments
Starting priceAED 1,620,000
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Key Project Information
About
Gianfranco Ferré Residences Al Marjan Island Gianfranco Ferré Residences is a fully furnished serviced waterfront development by Mira Developments on Al Marjan Island, Ras Al Khaimah. The project combines Gianfranco Ferré Home interiors by ONIRO Group with hotel-style…
About
Gianfranco Ferré Residences Al Marjan Island
Gianfranco Ferré Residences is a fully furnished serviced waterfront development by Mira Developments on Al Marjan Island, Ras Al Khaimah. The project combines Gianfranco Ferré Home interiors by ONIRO Group with hotel-style resident services, sea-facing architecture and a resort-style amenity programme.
The developer brochure describes every apartment as fully furnished and designed around unobstructed sea views. The U-shaped building is oriented toward the Arabian Gulf so water, natural light and open sky are central to the residential experience.
Current Prices and Unit Types
- Studio: 109 residences · 443–451 sq ft · average 447 sq ft · AED 1.60M–1.75M
- 1 Bed: 46 residences · 889–970 sq ft · average 930 sq ft · AED 2.60M–3.00M
- 2 Bed: 25 residences · 1,300–1,800 sq ft · average 1,550 sq ft · AED 3.50M–5.50M
- 2 Bed Duplex: 1,400–1,600 sq ft · average 1,500 sq ft · AED 4.40M–4.60M
- 3 Bed Duplex: 3 residences · 2,370–2,400 sq ft · average 2,385 sq ft · AED 7.35M–7.45M
- 4 Bed Duplex: 8 residences · 5,150–5,400 sq ft · average 5,275 sq ft · AED 14.50M–15.50M
The supplied unit table does not provide a unit-count figure for the 2-bedroom duplex category, so no count is stated for that type. The official brochure nevertheless confirms that 2-bedroom duplexes form part of the project mix.
60/40 Payment Plan
The current brochure shows a 60/40 construction-linked payment plan rather than a post-handover plan: 10% on booking, five further 10% instalments through December 2027, and 40% on handover in Q1 2028.
The current supplied brochure does not show a post-handover payment period.
Fully Furnished Gianfranco Ferré Home Interiors
All residences are fully furnished using pieces from the Gianfranco Ferré Home collection, crafted by ONIRO Group to reflect the brand’s architectural and fashion-led design language.
Waterfront Setting and Sea Views
The project occupies a waterfront position on Al Marjan Island and is designed to maximise sea views from the apartments. Selected residences also include private terrace pools overlooking the water.
Rooftop Wellness and Family Amenities
The rooftop wellness concept includes separate ladies’ and gentlemen’s pools with sea views. A family pool sits near the children’s play area, while landscaped gardens and sun decks provide quieter spaces for relaxation and socialising.
Technogym Fitness
Fitness spaces were designed by Technogym specifically for the project and include CrossFit, Pilates and cycling zones, with separate areas for men and women.
Hotel-Level Services
Residents have access to round-the-clock housekeeping, 24-hour security and surveillance, 24-hour concierge services and valet parking. The concierge team can assist with restaurant bookings, deliveries and day-to-day requests.
Dining and Retail
The development includes a lobby café, ground-floor retail and two five-star restaurants with sea views.
Location Near Wynn Al Marjan Island
The developer brochure lists Address Al Marjan Island at about 1 minute, Mövenpick Resort at 6 minutes, Wynn Al Marjan Island at 8 minutes, Al Hamra Mall at 10 minutes and Waldorf Astoria Ras Al Khaimah at 11 minutes.
About Mira Developments
Mira Developments is the developer of Gianfranco Ferré Residences. The project brings together Mira Developments, Gianfranco Ferré Home and ONIRO Group in a branded, fully furnished residential concept on Al Marjan Island.
Explore the development in context on the interactive project map →
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Prices & Floorplans
Floorplans
| Units | Price range | Size rangesq ft | Floorplans | Check Availability | Payment plan |
|---|---|---|---|---|---|
| StudioPayment plan: 10 / 40 / 50 | AED 1.62M to AED 1.72M | 453.38 – 473.16 | Payment Plan10 / 40 / 50i | ||
| 1 BedPayment plan: 10 / 40 / 50 | AED 2.48M to AED 2.95M | 867.67 – 940.92 | Payment Plan10 / 40 / 50i | ||
| 2 BedPayment plan: 10 / 40 / 50 | AED 3.81M | 1,290.25 | Payment Plan10 / 40 / 50i | ||
| 2 Bed DuplexPayment plan: 10 / 40 / 50 | AED 5.33M to AED 5.42M | 1,768.17 | Payment Plan10 / 40 / 50i | ||
| 3 Bed DuplexPayment plan: 10 / 40 / 50 | AED 7.37M | 2,387.28 | Payment Plan10 / 40 / 50i | ||
| 4 Bed DuplexPayment plan: 10 / 40 / 50 | AED 15.29M | 5,433.62 | Payment Plan10 / 40 / 50i |
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Gianfranco Ferré Residences Payment Plan and Cost
Illustrative example · 50% by handover + 50% over 4 years · Based on an average unit price of AED 1,670,000
Studio
Starting PriceAED 1,620,000
Illustrative Average PriceAED 1,670,000
i
Instalments and fees below use this amount, not the starting price.Land Dept. Fee · 4%AED 66,800
Admin feeAED 3,250
Total purchase costAED 1,750,000
Payment schedule
Down payment2026
10%AED 167K
During construction2026–2027
35%AED 585K
On handoverQ1 2028
5%AED 84K
Post-handover year 12028
12%AED 200K
Post-handover year 22029
17%AED 284K
Post-handover year 32030
17%AED 284K
Post-handover year 42031
4%AED 67K
Annual service charge: AED 12,045Illustrative figuresFees shown separately from instalment amounts
Trade-offs to know
- 50% is paid after handover, so less cash is tied up before you receive the keys.
- Fully Furnished: confirm the final furniture and appliance schedule for the selected unit.
- Beach: Beaches within a short walk.
- Short-term (holiday home) rental is allowed.
- Estimated service charges are AED 26/sq ft per year. Compare the included facilities and confirm any separately charged management fees.
- Resale allowed once 40% has been paid.
Amenities
Facilities listed in the project record.
Wellness & Leisure
Rooftop Wellness
Ladies’ Rooftop Pool
Gentlemen’s Rooftop Pool
Family Pool
Technogym Fitness Center
Dining & Social
Lobby Café
Two 5-Star Restaurants
Family & Recreation
Children’s Play Area
Outdoor & Beach
Landscaped Gardens
Sun Decks
Resident Services
24/7 Concierge
Valet Parking
24/7 Housekeeping
24/7 Security
Lifestyle & Convenience
CrossFit Zone
Pilates Zone
Cycling Zone
Ground-Floor Retail
Project Media
project video, brochure, construction update and interactive Al Marjan Island map in one place.
Your location at a glance
Key destinations within easy reach.
Address Al Marjan Island1 min
Mövenpick Resort6 mins
Drive to Wynn8 mins
Road distance to Wynn3.6 km
RAKcompare score
Overall score20.5/24
Location3/3
Views2.5/3
Beach access3/3
Amenities2/3
Payment plan3/3
Value per sq ft2/3
Developer track record3/3
Construction progress2/3
RAKcompare score out of 3, based on our advisors' assessment.
Buyer questions answered
Gianfranco Ferré Residences FAQs
Key answers on pricing, ownership, payment plans, resale and availability.
What is Gianfranco Ferré Residences?
Gianfranco Ferré Residences is a fully furnished serviced waterfront development by Mira Developments on Al Marjan Island, Ras Al Khaimah, with interiors from the Gianfranco Ferré Home collection by ONIRO Group.
Who is the developer of Gianfranco Ferré Residences?
Mira Developments is the developer. Gianfranco Ferré Home provides the design brand and ONIRO Group crafts the furniture collection used throughout the residences.
Are Gianfranco Ferré Residences fully furnished?
Yes. The current brochure states that all interiors are fully furnished with pieces from the Gianfranco Ferré Home collection crafted by ONIRO Group.
What unit types are available?
The project includes studios, 1-bedroom apartments, 2-bedroom apartments, 2-bedroom duplexes, 3-bedroom duplexes and 4-bedroom duplexes.
What are the current Gianfranco Ferré prices?
The latest supplied unit table starts at AED 1,620,000 for studios, AED 2.60M for 1-bedroom residences, AED 3.50M for 2-bedroom residences, AED 4.40M for 2-bedroom duplexes, AED 7.35M for 3-bedroom duplexes and AED 14.50M for 4-bedroom duplexes.
What are the residence size ranges?
Studios are 443–451 sq ft; 1-bedroom residences are 889–970 sq ft; 2-bedroom residences are 1,300–1,800 sq ft; 2-bedroom duplexes are 1,400–1,600 sq ft; 3-bedroom duplexes are 2,370–2,400 sq ft; and 4-bedroom duplexes are 5,150–5,400 sq ft.
What is the payment plan?
The current brochure shows a 60/40 plan: 10% on booking, five further 10% instalments during construction, and 40% on handover in Q1 2028. It does not show a post-handover payment period.
When is handover expected?
The current brochure states Q1 2028 handover.
Do all apartments have sea views?
The brochure describes the project as oriented toward the sea to maximise ocean views and states that each apartment is designed around sea views. Exact view corridors still depend on unit position and floor.
Do any residences have private pools?
Yes. Selected apartments have private terrace pools overlooking the sea.
What rooftop wellness facilities are included?
The rooftop includes separate ladies’ and gentlemen’s pools with sea views. The project also includes a family pool close to the children’s play area.
What fitness facilities are included?
Technogym designed the project’s fitness spaces. They include CrossFit, Pilates and cycling zones, with separate areas for men and women.
What resident services are provided?
The brochure lists round-the-clock housekeeping, 24-hour security and surveillance, 24-hour concierge services and valet parking.
Are there restaurants in the project?
Yes. The brochure shows a lobby café, ground-floor retail and two five-star restaurants with sea views.
How close is the project to Wynn Al Marjan Island?
The developer brochure lists Wynn Al Marjan Island at approximately 8 minutes away.
How close is Address Al Marjan Island?
The brochure lists Address Al Marjan Island at approximately 1 minute away.
Is short-term rental allowed?
The current project record indicates short-term rental is permitted, subject to Ras Al Khaimah licensing and the final building rules. Buyers should confirm the operating requirements before relying on a holiday-home strategy.
What should buyers verify before reserving?
Confirm the exact unit, floor, view, size, furniture inclusion schedule, current payment dates, service charge, resale conditions and SPA terms before reservation.
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