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Reading: RAK actual property: Supply of Destiny launches new $708mn Miraggio Waterfront challenge on Al Marjan Island
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Business

RAK actual property: Supply of Destiny launches new $708mn Miraggio Waterfront challenge on Al Marjan Island

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Last updated: October 1, 2025 8:51 am
Editor
Published: October 1, 2025
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RAK actual property: Supply of Destiny launches new 8mn Miraggio Waterfront challenge on Al Marjan Island


Supply of Destiny, an actual property developer within the UAE beneath the Wheel of Destiny Group, has launched ‘Miraggio,’ a waterfront residential challenge valued at AED2.6 billion on the central islet of Al Marjan Island in Ras Al Khaimah.

The event is positioned beside Wynn Al Marjan Island and presents connections to Ras Al Khaimah Metropolis Centre, Ras Al Khaimah Worldwide Airport, and Dubai.

The launch comes as Ras Al Khaimah’s actual property market expands at a CAGR of 10.05 per cent to 2030.

810-Unit Miraggio Growth unveiled in Ras Al Khaimah by Supply of Destiny properties

Miraggio contains 810 items, together with studios, 1-, 2-, and 3-bedroom residences starting from 420 to three,026 sq. ft.

The items function open-plan layouts, fitted kitchens, floor-to-ceiling home windows, and views of the Arabian Gulf. The event incorporates energy-efficient good applied sciences.

“We’re happy to launch Miraggio in Ras Al Khaimah, an Emirate quickly establishing itself as a premier vacation spot for luxurious dwelling, pushed by its pure coastlines, rising infrastructure, and investor-friendly atmosphere. Miraggio, with its vary of options, together with its location close to the Wynn Resort, caters to the wants of people looking for an distinctive life-style. The challenge displays our ambition to create high-end modern developments, whereas addressing the rising calls for of residents dwelling within the Emirate,” Dr. Majid Jack Hsiung, Founder and CEO of Supply of Destiny Properties mentioned.

Supply of Destiny has partnered with Savills because the gross sales companion for Miraggio. The partnership goals to achieve native and worldwide buyers utilizing Savills’ community to place the event amongst consumers worldwide.

“We’re proud to be part of this distinctive residential improvement. Miraggio offers a life-style ecosystem that worldwide consumers are looking for in the present day. It’s strategically positioned inside a quickly rising tourism and funding hub that gives sturdy funding potential, excessive rental yields, and long-term worth appreciation. With a give attention to excellence and belief, we sit up for driving its gross sales success,” Andrew Cummings, Head of Residential Company at Savills added.

The event features a retail podium and facilities similar to an infinity pool, health club and wellness centre, leisure areas and personal seaside lounges.

Supply of Destiny Properties has delivered tasks on time with a give attention to high quality and craftsmanship, creating developments with design and execution that set them aside out there.

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