Gianfranco Ferre Residences

Mira Developments · studio, 1BR, 2BR, 3BR, 4BR · Al Marjan Island, Ras Al Khaimah

Gianfranco Ferre Residences is a residential project by Mira Developments in Al Marjan Island, Ras Al Khaimah, offering studio, 1BR, 2BR, 3BR, 4BR layouts. Prices start from AED 1,613,000. This is an off-plan purchase with expected completion in December 2028 on a 50/50 plan with three years post-handover payment plan. The indicative gross yield band for this area and unit mix is 6.5% – 8%: below you will find the project data, investment fit, risks and frequently asked questions reviewed by an independent advisor.

Gianfranco Ferré Residences is a luxurious freehold residential project on Al Marjan Island, offering fully furnished apartments with smart-home features and stunning Arabian Gulf views.

Key facts

Developer: Mira Developments
Area: Al Marjan Island, Ras Al Khaimah
Property type: studio, 1BR, 2BR, 3BR, 4BR
Starting price: AED 1,613,000
Payment plan: 50/50 plan with three years post-handover
Expected completion: December 2028
Construction status: Now selling
Indicative gross yield: 6.5% – 8%

Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Who this project fits

Gianfranco Ferre Residences typically fits investors balancing rental income with capital appreciation at a mid-market ticket, across studio, 1BR, 2BR, 3BR, 4BR layouts in Al Marjan Island, Ras Al Khaimah. Because it is off-plan, capital stays committed until handover and income starts afterwards. The indicative gross yield band for this area and unit mix is 6.5% – 8%.

Risks to weigh

As with any off-plan purchase, there is handover-delay risk and developer risk: check escrow, permits and delivery track record. The payment plan lowers the upfront outlay but commits future cash: stress-test it against your real cash flow. Incoming supply in Al Marjan Island, Ras Al Khaimah can compress rents and prices in the short term; service charges, currency and financing costs all affect net yield. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Frequently asked questions about this project

How much does a unit at Gianfranco Ferre Residences cost?

Prices at Gianfranco Ferre Residences start from AED 1,613,000. The final figure depends on layout, floor and orientation — we pull the current price list from the developer for the specific unit you want.

Where is Gianfranco Ferre Residences located?

Gianfranco Ferre Residences is located in Al Marjan Island, Ras Al Khaimah. We assess the area on rental demand, incoming supply and accessibility — not on project marketing.

What is the payment plan for Gianfranco Ferre Residences?

The indicated payment plan is: 50/50 plan with three years post-handover. We verify the full structure, including milestones and the balance due at handover.

When is Gianfranco Ferre Residences expected to complete?

Expected completion is December 2028 (current status: now selling). Off-plan dates can slip, so we check construction progress and the developer's delivery record.

What yield can I expect at Gianfranco Ferre Residences?

The indicative gross band for this area and unit mix is 6.5% – 8%. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Who is the developer of Gianfranco Ferre Residences?

Gianfranco Ferre Residences is developed by Mira Developments. We review their delivery record, build quality and value retention before recommending it.

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