Gianfranco Ferré Residences by Mira Developments is a premium residential complex on Al Marjan Island, where the synergy of Italian design is complemented by the coastal resort lifestyle. The project is designed in a U-shape, with its front facing the sea, offering stunning panoramic views of the Arabian Gulf from every residence. The architecture of the 10-storey complex is characterised by clean lines, elegant facade finishes and a thoughtful layout where aesthetics and functionality complement each other.
Properties at Gianfranco Ferré Residences on Al Marjan Island are branded residences created in collaboration with the legendary fashion house Gianfranco Ferré. Studios and 1-3 bedroom apartments are available for sale, furnished and decorated in the signature style of Gianfranco Ferré Home, with the participation of Italian company ONIRO Group, which specialises in luxury interiors. The project includes over 160 fully ready-to-move-in residences ranging in size from 445 sqft (41 m²) to 3244 sqft (301 m²). An exclusive offer includes a limited number of 2- and 3-bedroom apartments with a terrace pool.
Gianfranco Ferré Residences on Al Marjan Island offers over 10 resort amenities, including separate swimming pools for men, women and families, a children's water area, restaurants and cafés, a lobby bar, gender-segregated gyms, lounges, concierge service, housekeeping and valet parking, direct access to the beach and facilities for water sports.
To buy an apartment at Gianfranco Ferré Residences by Mira Developments, there's an interest-free 60/40 payment plan with a 10% deposit upon booking. Construction is scheduled for completion in Q1 2028.
Studios & 1-3 Bedroom
Beachfront Apartments
on Al Marjan Island, RAK
Gianfranco Ferré Residences by Mira Developments is a 10-storey branded residential complex, located on Al Marjan Island in Ras Al Khaimah. The project offers key-turn, serviced studios and 1-3 bedroom apartments, fully furnished by Gianfranco Ferré Home.
60/40
Payment Plan
Q1 2028
Handover
AED 1,200,000
Starting Price
Gianfranco Ferre Residences by Mira Developments on Al Marjan Island, Ras Al Khaimah
Location in Ras Al Khaimah
Developer
Property Type
Available Units
Total Areas
Payment Plan
Completion
Photo Gallery
Renders may look slightly different than real life photos
Renders may look slightly different than real life photos
Floor Plans of Gianfranco Ferre Residences
Studio
1-Bedroom
2-Bedroom
3-Bedroom
Studio Apartment
FROM AED 1,200,000 ($326,800)
Total Area: 445 sqft (41 m²)
1-Bedroom Apartment
FROM AED 2,350,000 ($639,900)
Total Area: 856 sqft (80 m²)
2-Bedroom Apartment
FROM AED 4,000,000 ($1,089,200)
Total Area: 1307 sqft (122 m²)
3-Bedroom Apartment
FROM AED 11,500,000 ($3,131,400)
Total Area: 3244 sqft (301 m²)
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60/40 Payment Plan
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60/40 Payment Plan
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Property Location
is Al Marjan Island
Al Marjan Island is an artificial archipelago located in Ras Al Khaimah, on the coast of the Arabian Gulf. The area is incredibly popular among international investors, aiming to become the new resort gem of the UAE. The archipelago consists of four interconnected islands with a total length of 4.5 kilometres and occupies an important place in the tourism and development strategy of Ras Al Khaimah. It is located just 50-55 minutes' drive from Dubai International Airport and half an hour from RAK International Airport, making it easily accessible, especially for foreign visitors.
One of the significant features of Al Marjan Island is its well-developed tourist and recreational infrastructure. It is home to prestigious international hotels such as Waldorf Astoria, Mövenpick, DoubleTree by Hilton and Rixos, as well as the Wynn Resort, which is being built on the archipelago and will feature the first legalised casino in the region. White sandy beaches, promenades, bike paths and water sports facilities create the perfect environment for a seaside holiday.
Al Marjan Island also offers a variety of restaurants, lounges and cafes serving cuisines from around the world. Nearby is the large Al Hamra Mall with over 120 shops, supermarkets, Vox Cinemas and a food court, as well as the Al Hamra Golf Club, a favourite spot for sports and business networking.
For families with children and permanent residents, the availability of educational and medical infrastructure will be an important advantage of living on the island. Within a 10-15 minute drive from Al Marjan Island are the RAK Academy and Delhi Private School Ras Al Khaimah. The area is well served by clinics and multi-speciality hospitals, including RAK Hospital and Sheikh Khalifa Specialty Hospital.
Al Marjan Island is actively developing as an investment and residential hub. New public spaces, waterfronts and fitness centres are being designed, and office and residential developments are under construction. Property on Al Marjan Island is in high demand due to its coastal location, world-class infrastructure and freehold ownership for foreign investors. In addition, the area is managed by the Ras Al Khaimah Tourism Development Authority, which guarantees its long-term growth prospects. The blend of natural landscapes, urban amenities and international-standard services makes it one of the most attractive destinations for buying property in Ras Al Khaimah.
Distance from Gianfranco Ferre Residences to Key Locations in Ras Al Khaimah
55 MINUTES
30 MINUTES
10 MINUTES
10 MINUTES
10 MINUTES
Why Invest in Real Estate
at Al Marjan Island?
The economic appeal of the apartments at Gianfranco Ferré Residences on Al Marjan Island is driven by several strategic factors. First and foremost is the project's location in a rapidly developing tourist cluster, where off-plan property prices are already projected to grow by 15-20% in 2024. The area is undergoing major infrastructure development: the construction of the Wynn Resort, which will feature the region's first legalised casino, the launch of new resorts and the development of the transport network are boosting demand for apartments on Al Marjan Island from tourists and tenants.
An additional benefit of properties at Gianfranco Ferré Residences is the branded concept of the development, designed in collaboration with the Gianfranco Ferré fashion house. This type of accommodation, which comes fully furnished, traditionally commands higher prices and, due to its limited supply and recognisable design, is in high demand in the short-term rental segment.
The property market on Al Marjan Island is focused on expats and travellers from the GCC, Europe and Asia. Residences in the area are already generating returns of 6-8% per annum, and with the launch of the casino and growth in tourist numbers, this rate could increase. All of the drivers listed above stimulate demand for buying property at Gianfranco Ferré Residences on Al Marjan Island and suggest that the project is not just an architectural and design gem, but also a profitable economic asset with sustainable investment potential.
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Frequently Asked Questions About
Gianfranco Ferre Residences
Frequently Asked Questions About Gianfranco Ferre Residences
Where is Gianfranco Ferré Residences by Mira Developments situated?
Gianfranco Ferré Residences by Mira Developments is located on Al Marjan Island in Ras Al Khaimah, a resort area with beach access and picturesque views of the Arabian Gulf.
What properties are on offer at Gianfranco Ferré Residences?
Properties at Gianfranco Ferré Residences by Mira Developments on Al Marjan Island are fully furnished studios and 1-3 bedroom turn-key apartments. Some of the 2 and 3 bedroom residences are equipped with private pools.
What is the starting price for properties at Gianfranco Ferré Residences?
The minimum price for studios is AED 1,200,000 ($326,800). You can buy a 1-bedroom apartment at Gianfranco Ferré Residences starting from AED 2,350,000 ($639,900), two-bedroom units start at AED 4,000,000 ($1,089,200), and three-bedroom homes with a pool are available from AED 11,500,000 ($3,131,400).
When will construction of Gianfranco Ferré Residences be completed?
Construction of the apartments at Gianfranco Ferré Residences on Al Marjan Island is scheduled for completion in Q1 2028.
What is the payment plan for buying an apartment at Gianfranco Ferré Residences?
You can buy property at Gianfranco Ferré Residences by Mira Developments with a flexible 60/40 payment plan: 10% on booking, 50% in stages during construction, and 40% upon handover.
How far is Gianfranco Ferré Residences from Wynn Casino Al Marjan Island?
Gianfranco Ferré Residences is located in close proximity to the Wynn Casino Al Marjan Island, which is currently under construction, just a 10-minute walk away, further enhancing the project's appeal among properties in Ras Al Khaimah.
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