Al Marjan Island’s coastline has been transformed into a masterpiece of Italian style by the Gianfranco Ferre Residences by Mira Developments. By 2025, the hotel's U-shaped structure, overlooking the Arabian Gulf, will be part of what transforms Ras Al Khaimah’s skyline.
The latest design masterpiece offers a choice of 36 studios, 91 one-bedroom homes, and 33 two-bedroom suites to those who cherish an expressive lifestyle. Here, visitors experience the classic Ferre design idea of how elegance and innovation can coexist, this time illuminated by the gorgeous turquoise sea.
All the apartments are decorated with Ferre’s special style, where luxury is carefully blended with simplicity, and the floor-to-ceiling windows open onto the beautiful ocean and coastline. The purposeful style of the Street Mall’s exterior makes a strong contribution to the new design ideas rising along the island’s skyline.
Gianfranco Ferre by Mira Developments is adding Italian style to Al Marjan Island, making Ras Al Khaimah a top destination. The waterfront development reflects the style of the legendary designer through luxurious homes with views of the Arabian Gulf. In addition to studios, 1 &, and 2-bedroom apartments, each apartment embodies the classic elegance that was a hallmark of Ferre’s designs. A private beach and stunning views of the sea offer residents a tranquil experience, just 45 minutes from Dubai.
Numerous excellent investment opportunities are available on Al Marjan Island, often offering annual returns of 8-10%. You can purchase a studio apartment in the Gianfranco Ferre Residences for AED 1,200,000, with service charges ranging from AED 16 to AED 18 per square foot. This project of Mira developments makes it easier for investors with its special 30/70 plan. With only 5% reservation needed, this high-end property is open to interested investors in one of the UAE's most rapidly growing markets.
The work commenced during Q3 2024 and is expected to be completed by Q4 2025. Because Mira Developments is trusted for its exceptional construction quality, investors have confidence in its projects. Ras Al Khaimah’s strategic location also helps it grow in tandem with the local tourism industry and improved infrastructure.
Residents of Gianfranco Ferre Residences at Al Marjan Island will enjoy a range of excellent amenities, including an infinity pool, fitness area, climate-controlled indoor pool, beach club, business center, and beautifully maintained gardens. The property also features a spa on site, a special yoga deck, gourmet dining, and a concierge to assist guests. All homes here are finished with luxury materials, offer intelligent technology, and feature Italian designs that reflect the Gianfranco Ferre style, blending beauty with function.
Gianfranco Ferre Residences features a limited number of top-quality studio apartments, as well as 1- and 2-bedroom units. As people buy available housing, the choices of units are shifting, and certain premium waterfront units are now available for booking.
At this location, residents use perks that include an edge pool close to the Arabian Gulf, an indoor fitness center, a pool held at a consistent temperature, a beach club, a wellness center with sauna and steam rooms, beautiful gardens, an outdoor yoga deck, business center and access to concierge services.
Buying a studio apartment at Gianfranco Ferre will cost you from AED 1,200,000. A range of studio and 2-bedroom units is available, with estimated service costs ranging from AED 16 to AED 18 per square foot.
The project is scheduled to be completed and handed over in Q4 2025.
Its excellent road connections via Sheikh Mohammed bin Salem Road make it easy for Gianfranco Ferre Residences residents to travel, with destinations such as RAK City Center reachable in 15 minutes, Dubai in 45 minutes, and RAK International Airport in 25 minutes.
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