Studios and apartments with interiors by the Italian fashion house Gianfranco Ferré Home are located near the first casino in the UAE on Al Marjan Island in the emirate of Ras Al Khaimah. The project is surrounded by the sea, mangroves, mountains, and white sandy beaches.
Gianfranco Ferre Residences at Al Marjan by Mira Developments is a 7-story premium residential complex offering turnkey-finished studios and apartments with 1 and 2 bedrooms. The project consists of 36 studios, 91 one-bedroom apartments, and 33 two-bedroom apartments. The in-house infrastructure includes an exclusive beach club with a pool, spa and wellness center, fitness center, lobby, and parking.
Gianfranco Ferre Residences at Al Marjan, Al Marjan Island
The Gianfranco Ferre Residences at Al Marjan complex is located in the main resort direction of the emirate of Ras Al Khaimah - on Al Marjan Island, which is visited by millions of tourists annually. This unique place attracts investors due to its advantageous location and future development prospects.
In 2026, the first casino in the UAE will open on the island, which will significantly increase interest in the location and lead to a rise in real estate prices, making investments in Al Marjan Island even more profitable.
As of the third quarter of 2024, the average cost of ready-made elite studios is 800,000 AED ($217,800), one-bedroom apartments are 1,200,000 AED ($326,700), and two-bedroom apartments are 1,800,000 AED ($490,000). The cost per square meter for studios ranges from approximately 14,000 AED ($3,800) to 12,500 AED ($3,400).
Residential real estate on Al Marjan Island shows high annual (7–9%) and short-term profitability.
The transport system on Al Marjan Island is well developed, ensuring convenient communication of the Gianfranco Ferre Residences at Al Marjan project with the mainland. You can reach Dubai's international airports, such as Dubai International Airport and Al Maktoum International Airport, by car in 1–1.5 hours.
Leading international schools and universities in Ras Al Khaimah, such as Ras Al Khaimah Academy and the American University of Ras Al Khaimah, are within 20–30 minutes' drive. Also nearby are shopping centers such as Al Hamra Mall and Manar Mall, providing residents with everything they need for a comfortable life.
5 minswalk to the beach
7 minsWynn Casino
7 minsAl Hamra Mall
30 minsRas Al Khaimah International Airport
1 hour Dubai International Airport (DXB)
| Price from | AED 899,886 |
|---|---|
| Handover | Q4 2025 |
| Status | Handover completed |
| Developer | Mira Developments |
| Community | Al Marjan Island |
| Emirate | Ras Al Khaimah |
| Property type | Apartment, Studio |
| Bedrooms | Studio, 1, 2 |
Facts updated: 2024-07-10
down payment
during construction
on handover in q4 2025
899,886AED
The main features of the Gianfranco Ferre Residences at Al Marjan are the Gianfranco Ferré style interiors and its location near the first casino in the UAE, which will open at the end of 2026. Another advantage of the project is the exclusive beach club located near the complex.
The ultra-modern residences of Gianfranco Ferre Residences at Al Marjan feature exquisite turnkey premium finishes using American walnut veneer, elite textiles, marble, and glass. The windows offer breathtaking views of the Persian Gulf coastline.
Artur Galliamov
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