Miraggio Phase 2 by Source Of Fate in Al Marjan Island
Miraggio Phase 2 by Source Of Fate · Al Marjan Island, Dubai
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Launch Price
AED 1.7M
Property Type
Mixed-Use
Bedrooms
Various
Payment Plan
10/10/40/40
Handover
Q4 2028
Projected Yield
6.5 to 9.1%
Launching in Al Marjan Island, Ras Al Khaimah, Miraggio Phase 2 by Source Of Fate is a multiple/other development priced from AED 1.7M. The project is scheduled for completion in Q4 2028, with payment plan details available through the developer. Market conditions in Al Marjan Island support projected gross yields between 6.5 and 9.1 percent per year for this category of off-plan. Use MonthlyDubai's free matching service to check whether Miraggio Phase 2 by Source Of Fate fits what you can comfortably pay each month.
Payment Plan Breakdown
From AED 10,000/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 170,000 Due on signing SPA |
|
| Construction Phase 1 | 10% | AED 10,000/mo 17 monthly instalments |
|
| Construction Phase 2 | 40% | AED 42,500/mo 16 monthly instalments |
|
| On Handover | 40% | AED 680,000 Due at Q4 2028 |
|
| Total | AED 1,700,000 | ||
On Booking
10%
AED 170,000
Due on signing SPA
Construction Phase 1
10%
AED 10,000/mo
17 monthly instalments
Construction Phase 2
40%
AED 42,500/mo
16 monthly instalments
On Handover
40%
AED 680,000
Due at Q4 2028
Total
100%
AED 1,700,000
Questions about Miraggio Phase 2 by Source Of Fate
What payment plan does Miraggio Phase 2 by Source Of Fate offer?
Miraggio Phase 2 by Source Of Fate uses a 10/10/40/40 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q4 2028.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Miraggio Phase 2 by Source Of Fate fits your budget and send you comparable alternatives.
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