Miraggio
Al Marjan Island, Ras Al Khaimah
By The Source of Fate Real Estate Development
- Beds
- Studio, 1, 2, 3 beds
- Area range (sq ft)
- 420 - 2,137
- Handover
- Q4 2028
- Payment plan
- 20 / 40 / 40
- Starting from
- AED 1,200,000
Sunshine Bay, Al Marjan Island
Sunshine Bay on Al Marjan Island presents a 12-storey residence with sailboat-inspired architecture, contemporary apartments, and Gulf-facing views wrapped in sustainable design.
The homes
Apartments and studios of one to two bedrooms, from 439 to 2,307 sq ft. The homes are due in Q1 2027.
Positioned on Al Marjan Island, Sunshine Bay draws its architectural inspiration from the maritime heritage of Ras Al Khaimah. The 12-storey building features a distinctive sailboat-inspired form that optimises views across the Arabian Gulf. The design philosophy integrates natural elements and sustainable practices throughout, reflecting both contemporary luxury and environmental consideration.
Developed by
The Source of Fate Real Estate Development
Founded 2024
The Source of Fate develops residential apartment communities in prime locations including Al Marjan Island. The company combines modern design with sustainable principles to create refined living environments.
Every project by The Source of Fate Real Estate DevelopmentThe development offers studios, one-bedroom, and two-bedroom apartments, with unit sizes ranging from 790 to 2,307 square feet. Each residence is designed to capture Gulf views through generous glazing and thoughtful spatial planning. Apartments feature modern finishes and layouts suited to individual professionals, couples, and families alike.
Residents enjoy an array of facilities including an indoor swimming pool, children's pool, fully equipped gymnasium, and dedicated yoga space. Landscaped gardens, a rooftop garden area for socialising, and barbecue facilities complement the recreational offerings. The development fosters a community atmosphere whilst maintaining connection to the island's natural setting.
The brochure
The Sunshine Bay brochure
Explore Sunshine Bay in detail, from the residences and floor plans to the amenities, in The Source of Fate Real Estate Development’s official brochure.
- Type
- apartment
- Beds
- Studio, 1, 2 Bedrooms
- Sizes (sq ft)
- 439 - 2,307
- Handover
- Q1 2027
- Price from
- AED 980,000
About Al Marjan Island
Al Marjan Island is a residential development in Ras Al Khaimah featuring branded residential communities. The island project encompasses apartments, duplexes, villas, townhouses and penthouses from multiple developers.
Property in Al Marjan IslandGallery
Homes & floor plans
The homes
Features & amenities
Indoor pool
Children's pool
Jacuzzi
Gym
Yoga and meditation
Children's play area
Landscaped gardens
Barbecue area
The masterplan
The 12-storey building is positioned to maximise Gulf views and natural light. Landscaped grounds and a rooftop garden create community spaces within the development, reinforcing the connection to the waterfront environment.
Payment plan
10%Down payment
30%During construction
20%On handover
40%After handover
Progress
- Planned handover
- 1 January 2027
The film
Questions
Where is Sunshine Bay?
Sunshine Bay is in Al Marjan Island, Ras Al Khaimah, a development by The Source of Fate Real Estate Development.
Who is the developer of Sunshine Bay?
Sunshine Bay is developed by The Source of Fate Real Estate Development, a company founded in 2024.
What homes are there at Sunshine Bay?
Sunshine Bay has apartments with studios and 1 and 2 bedrooms, from 439 to 2,307 sq ft.
What is the price of Sunshine Bay?
Homes at Sunshine Bay start from AED 980,000 (about USD 267K), as of 24 September 2026.
Is Sunshine Bay expensive for Al Marjan Island?
From AED 2,233 a square foot, against a median of AED 2,857 for 39 new projects in Al Marjan Island.
When is handover at Sunshine Bay?
Handover at Sunshine Bay is planned for Q1 2027.
What is the payment plan at Sunshine Bay?
The developer's payment plan is 10% on booking, 30% during construction, 20% on handover and 40% after handover, as of 8 November 2026.
Are there floor plans for Sunshine Bay?
Yes. This page shows 23 floor plans for Sunshine Bay, covering studio, 1-bedroom and 2-bedroom homes.
Get in touch
Send us a message on WhatsApp or book a consultation with one of our advisers in Dubai.
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