Source of Fate Begins Construction on Miraggio Waterfront Project at Al Marjan Island

Source of Fate has commenced construction on Miraggio, its flagship waterfront residential development located on Al Marjan Island, Ras Al Khaimah. According to the developer, sales for around half of the units have already been secured through off-plan bookings.

Miraggio has been designed with sustainability measures integrated into the project, including solar-ready infrastructure, greywater irrigation systems and a central water filtration system aimed at reducing single-use plastic consumption. 

Source of Fate has appointed a consortium of consultants to support project delivery, including VX Studio as project consultant, HQS as cost management consultant and NEXT Engineering Consultant overseeing technical and sustainability aspects. Construction will follow UAE regulations and internationally recognised building and safety standards.

Commenting on the construction milestone, Dr Majid Jack Hsiung, General Manager at Source of Fate, said, “Homeowners and investors today are seeking more than premium finishes. They are seeking environments that support wellbeing, balance, and a meaningful connection with nature. Miraggio was conceived with this philosophy at its core, and as construction commences, our focus is to deliver that vision through uncompromising quality, disciplined timelines, and operational excellence at every stage.”

Miraggio forms part of the broader pipeline of waterfront residential developments contributing to Al Marjan Island’s emergence as a key growth area within Ras Al Khaimah’s real estate landscape.