Thrive State
Gianfranco Ferre Residences: Branded Beachfront Investment on Al Marjan Island

Gianfranco Ferre Residences: Branded Beachfront Investment on Al Marjan Island

Mira Developments · Al Marjan Island

From AED 1,613,000 – AED 15,281,000

Starting priceAED 1.6M
Payment plan50/50
HandoverQ1 2028
Check available units

Overview

Gianfranco Ferre Residences places a fashion-branded address at the very tip of Al Marjan Island in Ras Al Khaimah — steps from Wynn Casino Al Marjan Island and its surrounding cluster of beachfront hotels. Developed by Mira Developments, the project pairs Gianfranco Ferre Home interiors with sea-view living, giving investors a designer product in one of the UAE's fastest-emerging coastal destinations.

Why this matters for yield-focused buyers

The location is the core investment thesis: proximity to Wynn Al Marjan Island and an established hospitality corridor typically drives strong short-term rental and resale demand once branded residences complete. ThriveState sees this positioning as a key differentiator versus inland RAK stock.

Entry pricing (July materials):

  • Studios from AED 1.6M
  • One-bedroom apartments from AED 2.5M
  • Two-bedroom apartments from AED 3.8M
  • Two-bedroom duplexes from AED 4.4M
  • Three-bedroom duplexes from AED 7.3M
  • Four-bedroom duplexes from AED 14.4M

This broad unit mix — from compact studios to four-bedroom duplexes — allows investors to target different rental brackets or resale buyer profiles within a single branded development, spreading risk across ticket sizes.

All units are delivered fully furnished, which removes a meaningful setup cost layer for investors planning short-term or holiday-let strategies, and supports faster turnaround to income generation post-handover.

Payment structure supporting capital efficiency

The available 50/50, 3-year post-handover payment plan requires only 40% during construction, with the remaining 50% spread over 36 months after the Q1 2028 handover (plus a 5% completion instalment). This structure lets investors defer a large share of capital outlay beyond delivery, potentially aligning payments with early rental income rather than tying up funds pre-completion.

Amenities that support rental appeal

Sandy beach access, water sports, resort-style pools, a rooftop gym and a separate ground-level gym, a dedicated kids pool, restaurants, a lobby cafe, concierge, housekeeping, valet parking and hotel-style services all point toward a resort-operated lifestyle offering — the type of service layer that tends to command premium nightly rates in comparable branded beachfront products.

Cost considerations

Service charges are set at AED 25 per sq. ft, a figure investors should factor directly into net yield projections alongside their target unit's purchase price and area.

With handover scheduled for Q1 2028, Gianfranco Ferre Residences is currently on sale, offering an early entry point into a branded, beachfront asset class on Al Marjan Island. ThriveState can walk investors through unit-level pricing, area breakdowns and the full post-handover schedule to model expected returns.

Highlights

  • Branded residences by Mira Developments with Gianfranco Ferre Home interiors
  • Prime seafront location at the tip of Al Marjan Island, near Wynn Casino
  • Studios from AED 1.6M up to four-bedroom duplexes from AED 14.4M
  • Fully furnished units reducing setup costs for rental strategies
  • 50/50 payment plan with 36-month post-handover instalments
  • Q1 2028 handover with resort-style amenities including beach access and pools

Project details

Starting priceAED 1,613,000
Payment plan50/50
DeveloperMira Developments
HandoverQ1 2028
Size range443.2 – 5,433.62 ft²
BedroomsStudio, 1 BR, 2 BR, 4 BR, 3 BR
LocationAl Marjan Island
StatusOn Sale

Available units

Apartment443.2 – 5,433.62 ft² 38 available
Apartments451.81 – 5,157.48 ft² 6 available
Duplex1,531.79 – 5,297.45 ft² 7 available

Payment plan

50/50 3 Year Post-Handover Payment PlanPost-handover plan available
10%Down payment on booking
10%Second payment, 30 days from booking
10%Third payment, 6 months from booking
10%Fourth payment, 12 months from booking
5%Fifth payment, 18 months from booking
5%Upon completion, Q1 2028
50%Post-handover over 36 months from completion
Current 50/50 3-Year Post-Handover Payment PlanPost-handover plan available
10%Booking / reservation, 13 Aug 2026
10%01 Sep 2026
10%01 Feb 2027
10%01 Aug 2027
5%01 Dec 2027
5%Upon completion, 31 Mar 2028
4%3 months after handover, 15 Jun 2028
4%6 months after handover, 15 Sep 2028
4%9 months after handover, 15 Dec 2028
5%12 months after handover, 15 Mar 2029
4%15 months after handover, 15 Jun 2029
4%18 months after handover, 15 Sep 2029
4%21 months after handover, 15 Dec 2029
5%24 months after handover, 15 Mar 2030
4%27 months after handover, 15 Jun 2030
4%30 months after handover, 15 Sep 2030
4%33 months after handover, 15 Dec 2030
4%36 months after handover, 15 Mar 2031
Current 50/50 Post-Handover Payment PlanPost-handover plan available
10%Booking / reservation, 17 Aug 2026
10%01 Sep 2026
10%01 Feb 2027
10%01 Aug 2027
5%01 Dec 2027
5%Upon completion, 31 Mar 2028
50%Post-handover installments over 36 months through 15 Mar 2031

Investment potential

Dubai off-plan property continues to attract strong local and international investor demand. Depending on community and unit type, buyers may benefit from:

6–8%Projected rental yields in selected communities
10–15%Potential price growth by handover in high-demand areas
AED 2M+Golden Visa eligibility potential, subject to regulations
Low down paymentDeveloper payment plansPost-handover plansMortgage assistanceResident & non-resident financing

Figures are market context, not a guarantee of returns. Yields, price growth and visa eligibility vary by project and are subject to change.

About Mira Developments

Mira Developments is the developer behind this project. Ask our team for the developer track record and portfolio.

Project documents

Gianfranco Ferre Residences — BrochureBrochure
Gianfranco Ferre Residences — Payment Plan 1Payment Plan
Gianfranco Ferre Residences — Price ListPrice List
Gianfranco Ferre Residences — Floor PlanFloor Plan
Gianfranco Ferre Residences — Fact SheetFact Sheet
Fact Sheet 2
Floor Plan 2
Payment Plan 3
Brochure 2
Price List 2
Price List 3
Price List 4Price List
Price List 5Price List
Price List 6Price List
Price List 7Price List
Price List 8Price List

Frequently asked questions

Where is Gianfranco Ferre Residences: Branded Beachfront Investment on Al Marjan Island located?

Gianfranco Ferre Residences: Branded Beachfront Investment on Al Marjan Island is located in Al Marjan Island.

What is the starting price at Gianfranco Ferre Residences: Branded Beachfront Investment on Al Marjan Island?

Prices at Gianfranco Ferre Residences: Branded Beachfront Investment on Al Marjan Island start from AED 1,613,000.

What unit types are available at Gianfranco Ferre Residences: Branded Beachfront Investment on Al Marjan Island?

Gianfranco Ferre Residences: Branded Beachfront Investment on Al Marjan Island offers Studio, 1 BR, 2 BR, 4 BR, 3 BR residences. Sizes range from 443.2 to 5,433.62 ft².

When will Gianfranco Ferre Residences: Branded Beachfront Investment on Al Marjan Island be completed?

Handover of Gianfranco Ferre Residences: Branded Beachfront Investment on Al Marjan Island is planned for Q1 2028.

What is the payment plan for Gianfranco Ferre Residences: Branded Beachfront Investment on Al Marjan Island?

The payment plan for Gianfranco Ferre Residences: Branded Beachfront Investment on Al Marjan Island is structured as: 10% Down payment on booking, 10% Second payment, 30 days from booking, 10% Third payment, 6 months from booking, 10% Fourth payment, 12 months from booking, 5% Fifth payment, 18 months from booking, 5% Upon completion, Q1 2028, 50% Post-handover over 36 months from completion.