
About
Founded in 2021, Source of Fate is a boutique real estate developer operating in the UAE, with a development pipeline valued at AED 10 billion. The company focuses on delivering premium residential projects across high-potential locations, with a growing portfolio that includes waterfront apartments and luxury villa communities.
Source of Fate is guided by a clear development philosophy centred on dependability, integrity, innovation, and sustainability. These principles inform every stage of the development process, from site selection and design to delivery. The developer prioritises thoughtful planning, strong stakeholder partnerships, and consistent quality, with each project designed to balance architectural character, lifestyle appeal, and long-term investment value.
Key Projects Overview
Source of Fate’s current portfolio comprises off-plan residential developments located across some of the UAE’s most desirable waterfront destinations. As a recently established developer, the company is building its pipeline with a focus on quality-led projects designed for both end users and investors.
Each development is planned around clear design principles, combining strong architectural identity with lifestyle-focused amenities and well-connected locations. The projects are positioned to deliver practical, well-considered living environments that support everyday comfort while offering long-term value.
Across its pipeline, Source of Fate consistently prioritises:
- Distinctive architectural concepts informed by their surroundings
- Efficient residential layouts that balance functionality and liveability
- Resort-style amenities that enhance wellness and community living
- Locations selected for sustained growth and future demand
Upcoming & Future Projects
Source of Fate’s development pipeline includes a number of upcoming residential projects positioned across prime waterfront locations in the UAE. These developments reflect the company’s focus on well-planned design, lifestyle-led amenities, and locations with strong long-term appeal.
Miraggio

Located on Al Marjan Island, the closest project located near the Wynn Casino, Miraggio is a 16-storey waterfront residential development designed to maximise panoramic views of the Arabian Gulf. The architectural layout prioritises natural light and open vistas, creating a strong connection between the residences and their coastal surroundings.
The development is within a 15-minute walk of key attractions, including the upcoming Wynn Al Marjan Island, enhancing its appeal to both end users and investors.
Miraggio comprises 810 residential units, supported by a comprehensive range of lifestyle amenities, including:
- Fully equipped fitness centre
- Infinity pool overlooking the sea
- Landscaped tropical gardens
- Open courtyards with water features
- Ground-floor retail spaces
By integrating residential living with communal areas and retail elements, Miraggio is planned as a self-contained waterfront community that balances everyday convenience with relaxed coastal living.
Sunshine Bay

Sunshine Bay is a 12-storey seafront residential development characterised by a sailboat-inspired architectural design. The building’s flowing balcony forms reference the movement of sails, creating a distinct façade that complements its coastal setting.
Situated directly on the waterfront, the development offers open sea views, including those towards Wynn Al Marjan Island, which is within walking distance. Sunshine Bay is planned as a resort-style residential community, combining landscaped green spaces with a broad range of shared amenities.
Planned amenities include:
- Landscaped atriums and outdoor leisure areas
- Indoor gym facilities alongside outdoor yoga and fitness spaces
- Children’s playground and swimming pool
- BBQ areas, atrium garden, and social sun lounges
- Infinity pool with waterfront views
- Sauna and steam facilities
- Business lounge and billiard room
Select first-floor residences from The Bay Collection, featuring private pools and gardens, offering additional privacy and outdoor space within a seafront setting.
With a growing pipeline and a clear design and planning approach, Source of Fate is steadily building its presence across key residential locations in the UAE. The developer’s focus remains on well-designed homes, practical amenities, and locations with long-term relevance.
With a growing pipeline and a clear design and planning approach, Source of Fate is steadily building its presence across key residential locations in the UAE. The developer’s focus remains on well-designed homes, practical amenities, and locations with long-term relevance.