Compliance & specs
About
Project general facts
Gianfranco Ferre Residences is a stunning development that brings iconic Italian design to the serene shores of Al Marjan Island. Offering a refined selection of Studio, 1, 2, and 3-bedroom apartments - including exclusive units with private terrace pools - the project effortlessly blends high-end living with spectacular sea views. The architectural design is U-shaped, ensuring that every residence benefits from uninterrupted panoramas of the Arabian Gulf.
The project shines with an impressive array of world-class amenities tailored for both comfort and luxury. Residents enjoy rooftop wellness facilities, pools with sweeping sea views, a family pool near the children’s area, and a state-of-the-art fitness center equipped for pilates, crossfit, and cycling. Landscaped gardens, sun decks, and a peaceful atmosphere create a resort-like environment right at home.
Living at Gianfranco Ferre Residences means enjoying true hotel-style service every day. From 24-hour concierge and valet to housekeeping and security, every detail is designed to make life effortless. A lobby cafe, high-end retail zone, and two fine-dining restaurants on the ground floor elevate everyday living into something extraordinary. This residence is not just a home - it’s a statement of style, elegance, and smart investment.
Finishing and materials
Modern finishing with high-quality materials and Smart Home System.
Kitchen and appliances
Equipped kitchens.
Furnishing
Fully furnished apartments by Italian fashion house Gianfranco Ferre.
Location description and benefits
Al Marjan Island is a stunning man-made archipelago located in the emirate of Ras Al Khaimah. It is one of the most prominent tourist destinations in the region, known for its picturesque beaches, luxurious resorts, and upscale residential developments. Al Marjan Island is situated along the Arabian Gulf coastline and offers breathtaking views of the sea. The island is shaped like a coral reef and is made up of four primary coral-shaped islands, connected by a central boulevard.
One of the main highlights of Al Marjan Island is its pristine white sandy beaches that stretch across 5.4 kilometers. Visitors can indulge in various beach activities, including sunbathing, swimming, and water sports such as jet skiing and paddleboarding. The crystal-clear waters of the Arabian Gulf provide an ideal setting for water enthusiasts.
Al Marjan Island boasts a collection of luxurious hotels and resorts, offering world-class amenities and services. These accommodations cater to both leisure and business travelers, providing a range of options to suit different preferences and budgets. Many of the hotels and resorts on the island feature stunning architecture and provide access to private beaches, swimming pools, spas, and gourmet dining options.
Available unit types
5 bedroom configurations
These thumbnails show sample layouts for each bedroom configuration. Actual unit sizes, orientations, and finishes vary across the 1 building — the developer's full floor-plan pack below covers every variant.

Studio
443 – 452 sqft
Range across 10 layout variants

1 bedroom
850 – 970 sqft
Range across 15 layout variants

2 bedrooms
1275 – 3262 sqft
Range across 10 layout variants

3 bedrooms
2371 – 3706 sqft
Range across 6 layout variants

4 bedrooms
5157 – 5387 sqft
Range across 2 layout variants
Payment Plan (For Studios)Interest-free during construction
- 1.10%
On booking
- 2.30%
During construction
- 3.60%
Upon Handover (Q1 2028)
Payment Plan (For 1, 2BR Apartments & 2, 3, 4BR Duplexes)Interest-free incl. post-handover
- 1.10%
On booking
- 2.35%
During construction
- 3.5%
Upon Handover (Q1 2028)
- 4.50%
Within 30 months post-handover (Q1 2028)
Calculate your payments
Pick a unit type or enter a custom price. We'll spread it across the plan's phases in AED + your selected currency, with plain-English timing labels. Download as a spreadsheet for your records.
| # | When | Step | % | Amount (AED) | Amount (USD) | Cumulative (USD) |
|---|---|---|---|---|---|---|
| 1 | Upon booking | Reservation | 10% | 161,300 | 43,922 | 43,922 |
| 2 | Between booking and Q1 2028 | During construction | 30% | 483,900 | 131,766 | 175,688 |
| 3 | Q1 2028 | Upon Handover (Q1 2028) | 60% | 967,800 | 263,532 | 439,220 |
| Total | 100% | AED 1,613,000 | USD 439,220 | |||
Cash-flow shape: 40% during the construction period (10% upon booking, 30% across milestones), 60% at handover (Q1 2028).
0% interest during construction — no APR, no compounding.
Opens directly in Excel, Numbers, or Google Sheets.
More questions?100% free advisory
Our advisors walk you through the math, the trade-offs, and the post-handover options. You don't pay us — ever.
Amenities
6 features
Location
25.68768, 55.73173
Nearby
- RAK Academy Al Hamra12.3 km
- Public Park Al Marjan Island3.3 km
- Al Hamra Mall9.8 km
- Pacific Buildings Beach0.5 km
- Ras Al Khaimah International Airport38.7 km
About Al Marjan Island
Al Marjan Island is one of Dubai's recognized investment communities, with 44 projects in our catalogue. Detailed area profile in development.
Explore Al Marjan IslandAbout MIRA Developments

The UAE realty market offers a unique combination of a tax-free environment, relatively low square meter prices and high rental yields. And thanks to a strong expatriate influx driving the demand for quality housing, the average annual property price growth is about 10-12%. With strong location choices and world-class quality of finishings, Mira Developments brings this investment concept to a whole new level.
Building details

Studio, 1, 2 bedroom apartments & 2, 3 bedroom apartments with pool
Parking allocation
| Unit type | Bedrooms | Spaces |
|---|---|---|
| Apartment | 3 | 2 |
| Apartment | 2 | 1 |
| Apartment | 1 | 1 |
| Apartment | 0 | 1 |
Marketing brochure
Why Dubai off-plan
The macro case for buying off-plan in Dubai
These six pillars apply to every project on this site — not just this one. If you're new to the UAE market, they're the context you need before evaluating the specific unit above.
0% interest, ever
Off-plan payment plans are interest-free, end to end. Every instalment is at face value — no APR, no compounding, no balloon hidden in the back. Buyers from interest-bearing markets routinely underestimate how much this saves over a 3–5 year hold.
No income or capital-gains tax on property
Dubai charges no annual property tax, no income tax on rental yield, and no capital-gains tax on resale. The DLD 4% transfer fee is a one-time cost at registration — after that, your returns are yours.
20% usually opens the unit
Most off-plan plans book with a ~20% reservation deposit. You're under contract with the developer immediately, with the rest spread across construction milestones. The deposit is what unlocks the buy-side, not the full unit price.
Post-handover plans extend the runway
Many projects offer 2–4 years of post-handover instalments — meaning a chunk of the price gets paid AFTER you take keys. Once the unit is rented, that income can help cover the post-handover payments — rarely the full instalment, but enough to make the cash-flow comfortable rather than tight.
Golden Visa from AED 2M
A property purchase of AED 2M+ qualifies the buyer (and family) for the UAE Golden Visa — a 10-year renewable residency. The visa is the headline benefit; for many international buyers it's the actual reason to buy in Dubai.
Freehold ownership for foreigners
Across the 80+ freehold zones (Dubai Marina, Downtown, Palm Jumeirah, Business Bay, JVC, Dubai Hills, and the rest), foreigners own 100% of the asset and the land. There's no Emirati partner requirement, no lease structure — title deed in your name.
Price
from AED 1,613,000
≈ USD 439,220
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