Mira Gianfranco Ferre Residences at Al Marjan Island

Gianfranco Ferre Residences Details
Developer: Mira Developments |
Area: Al Marjan Island |
Starting Price: AED 1,200,000 |
Down Payment: 10% |
Payment Plan: 60/40 |
Handover: Q1 - 2028 |
Project Status: Off-Plan |
Lifestyle: Luxurious Living |
Available Units
- Property Type:Apartments
- Unit Type:Studio, 1, 2 & 3 Bedroom
- Sizes:Various Sizes
Overview
Mira Gianfranco Ferre Residences at Al Marjan Island brings together timeless Milanese elegance and the serene beauty of Ras Al Khaimah's coastline. Set for handover in Q1 2028, this luxurious development offers a selection of studio, 1-bedroom, and 2-bedroom fully furnished apartments. Each residence is thoughtfully crafted and furnished by Gianfranco Ferré Home, showcasing an exceptional commitment to design, style, and comfort. With floor-to-ceiling windows, every home captures stunning views of the Arabian Gulf while inviting abundant natural light indoors.
The architecture of the project is defined by a U-shaped design that ensures every unit is oriented toward the sea, offering breathtaking panoramas and fostering a deep connection with the surrounding landscape. The interiors reflect a fusion of Eastern and Western aesthetics, with premium finishes that include Canaletto walnut wood and designer fabrics. Each space has been meticulously designed to exude sophistication, offering a truly refined lifestyle in a contemporary coastal setting.
Positioned at the heart of Al Marjan Island, the development stands close to the upcoming Wynn Resort and Casino, the UAE’s first-ever gaming destination. This landmark project is expected to elevate the island into a global luxury and tourism hotspot, attracting discerning investors and international travelers. As demand grows, early buyers are poised to benefit from strong capital appreciation and lucrative rental yields, making this a rare investment opportunity in a dynamic market.
Key Highlights
- Project Name: Gianfranco Ferré Residences
- Location: Al Marjan Island, Ras Al Khaimah
- Developer: Mira Developments
- Fully furnished by: Gianfranco Ferré Home
- Expected Handover: Q1 2028
- Studios, 1 & 2-bedroom apartments
- Architecture: U-shaped design oriented towards the Arabian Gulf
- Interior Design: High-end finishes with Canaletto walnut wood and designer fabrics
- Floor-to-ceiling windows for natural light and panoramic views
- Located at the tip of Al Marjan Island, facing the Arabian Gulf
- 1 hour drive from Dubai
- Close to upcoming Wynn Resort & Casino – UAE's first gaming resort
- Surrounded by world-class resorts, beaches, and Al Hamra Mall
- Strong investment potential with rising real estate demand
- Near key attractions: desert safaris, hot springs, beaches, and historical landmarks
- Easy access to Dubai International Airport and major roadways
Features & Amenities








Payment Plan
10%
Down Payment
50%
During Construction
40%
On Handover
Master Plan
Al Marjan Island itself is a 62-hectare waterfront paradise, nestled along the northwestern coast of Ras Al Khaimah. Just an hour from Dubai, it offers residents a quiet escape without compromising on accessibility. Surrounded by pristine beaches, lush mangroves, and historical landmarks, the area is a haven for nature lovers and adventure seekers alike, with experiences ranging from desert safaris and hot springs to luxurious spa resorts and fine dining.
With its close proximity to world-class resorts, Al Hamra Mall, and international airports, Mira Gianfranco Ferré Residences promises effortless connectivity while maintaining the peaceful essence of island living. This project redefines modern luxury through a perfect blend of vintage Italian inspiration, contemporary design, and urban convenience—positioning itself as an iconic address in Ras Al Khaimah's evolving skyline.
Frequently Asked Questions(FAQ)
Gianfranco Ferré Residences is a luxury residential project by Mira Developments in collaboration with the Gianfranco Ferré fashion house. Located on Al Marjan Island, Ras Al Khaimah, the project offers premium branded apartments with elegant interiors and sea views.
The project is located on Al Marjan Island, a prime beachfront destination in Ras Al Khaimah, UAE.
- Studios: from AED 1,200,000
- 1-Bedroom: from AED 2,350,000
- 2-Bedroom: from AED 4,000,000
- 3-Bedroom with pool: from AED 11,500,000
The project offers a 60/40 payment plan:
- 10% on booking
- 50% during construction
- 40% upon handover
The project is scheduled for handover in Q1 2028.
- Studios
- 1-bedroom apartments
- 2-bedroom apartments
- 2 & 3-bedroom units with private terrace pools Sizes range from 445 sqft to 3,244 sqft.
Yes, all units are fully furnished with Gianfranco Ferré Home furniture by the Italian luxury manufacturer ONIRO Group.
- Three resort-style pools (men, women, family)
- Children’s water area
- Technogym with CrossFit & Pilates zones
- Concierge, valet & 24-hour housekeeping
- Restaurants, cafés, landscaped gardens
- Direct beach access & water sports areas
- Wynn Casino (opening 2027, within walking distance)
- Waldorf Astoria RAK, Mövenpick, Address Hotels
- Al Hamra Mall, schools, yacht clubs, golf courses
- RAK Intl. Airport: ~30 minutes
- Dubai Intl. Airport: ~55 minutes
Yes, full ownership rights are available for foreign investors.
Yes. RAK’s real estate market is growing rapidly, with 12% tourism growth in 2024 and 15–20% price appreciation in off-plan properties. The upcoming casino and Al Marjan’s positioning as a luxury destination boost its investment appeal.