Gianfranco Ferré Residences

Gianfranco Ferré Residences is a branded luxury waterfront development on Al Marjan Island, Ras Al Khaimah, developed by Mira Developments. Every residence is fully furnished with exclusive Gianfranco Ferré Home interiors, spanning studios to 4-bedroom duplexes. It is an off-plan project with a Q1 2028 handover date.

The project offers studios starting from 445 sq.ft, 1 and 2-bedroom apartments, and 2 to 4-bedroom duplexes going up to 5,157 sq.ft. All units are delivered fully furnished with Italian designer interiors by the Gianfranco Ferré Home brand. Select larger units include private terrace pools overlooking the Arabian Gulf.

Prices start from AED 1,600,000, with entry-level studios representing the most accessible option. Larger duplex units command higher price points given their size, duplex configuration, and premium Gulf-facing positions. Only 10% is required upon booking under either available payment plan.

Mira Developments offers two flexible payment structures: a 60/40 plan applicable to studios, and a 50/50 plan for larger residences that includes a 3-year post-handover payment period. Both plans require only 10% on booking, making them accessible for investors and end-users alike.

Handover is scheduled for Q1 2028. The project is currently off-plan, giving buyers the opportunity to enter at an early stage ahead of the surrounding area's continued infrastructure growth and the opening of the Wynn Resort on Al Marjan Island.

Residents have access to a Technogym-equipped fitness center, swimming pools with sun decks, landscaped gardens, children's play areas, and on-site restaurants and cafés. The building also provides concierge, valet, and housekeeping services, giving it the feel of a fully serviced five-star residence.

Al Marjan Island is RAK's flagship waterfront destination and the site of the Wynn Resort, the UAE's first licensed casino resort, which is expected to significantly boost tourism and rental demand in the area. Waterfront supply remains limited relative to growing demand, supporting capital appreciation prospects. Major infrastructure upgrades across RAK further reinforce the island's long-term investment case.

Al Marjan Island sits approximately 45 minutes by car from Dubai, making it accessible for both residents and short-term tourists. RAK International Airport is around 25 minutes away, and RAK city center is just a short drive from the island. The Wynn Resort is located directly on Al Marjan Island, within easy reach of the development.