Miraggio Phase 2 by Source Of Fate

The starting price for Miraggio Phase 2 by Source Of Fate is 1,700,000.

The owner of Miraggio Phase 2 is Source Of Fate, a developer known for creating premium residential projects. Their focus on luxury, modern design, and high-quality finishes ensures that each development offers both comfort and long-term investment potential for homeowners and investors alike.

Miraggio Phase 2 by Source Of Fate offers a range of residential housing options designed for different lifestyles. The development includes studio apartments starting from 1,700,000 AED, providing a compact yet efficient living space ideal for singles, couples, or investors looking for a high-demand unit type. These studios are thoughtfully planned with modern finishes and access to waterfront views, making them attractive for both long-term living and rental income.

In addition to studios, the project will feature one-bedroom apartments, with details to be announced soon. These units are expected to offer a balance of comfort and functionality, suitable for professionals or small families. Two-bedroom apartments are also part of the housing mix, giving residents more space for daily living, extended stays, or shared occupancy. For those seeking even larger layouts, three-bedroom apartments will be available, accommodating families or buyers who prefer generous interior space.

Each housing option at Miraggio Phase 2 reflects contemporary design and access to resort-style amenities, enhancing the appeal of the community for residents and investors alike. The variety in unit types supports diverse market needs while contributing to the project’s overall value proposition.

Payment Plan for Miraggio Phase 2 by Source Of Fate

The payment plan for Miraggio Phase 2 by Source Of Fate is structured as follows:

• 10% payable at the time of booking
• 10% payable upon signing the Sales and Purchase Agreement (SPA)
• 40% payable upon handover of the unit
• 10% payable 6 months after handover
• 10% payable 12 months after handover
• 10% payable 18 months after handover
• 10% payable 24 months after handover

This plan requires 20% upfront before handover, 40% at handover, and the remaining 40% spread over two years after handover, providing a clear and structured post-handover payment schedule.

Yes, Miraggio Phase 2 by Source Of Fate can be considered a strong investment due to its beachfront location on Al Marjan Island and its focus on lifestyle-driven living. The project offers studios and 1-, 2-, and 3-bedroom residences with efficient layouts, wide glazing, and high-end finishes inspired by luxury resorts. Direct proximity to the shoreline, sea views, a 51-meter Olympic swimming pool, and landscaped leisure areas enhance rental demand and long-term value. These features support both short-term holiday rentals and long-term residential appeal, making the project suitable for investors seeking consistent returns.

The delivery date for Miraggio Phase 2 by Source Of Fate is scheduled for Q4 2028. Buyers can expect the project to be fully completed with all amenities, interiors, and landscaping ready by this time, allowing residents to move in and enjoy the waterfront lifestyle without delay. This timeline ensures a well-planned, high-quality finish aligned with the developer’s standards.

Miraggio Phase 2 by Source Of Fate is located in Miraggio, Al Marjan Island, Ras Al Khaimah, offering direct access to the waterfront.

Miraggio Phase 2 by Source Of Fate is a freehold property, allowing full ownership rights for eligible buyers without lease restrictions.