Gianfranco Ferre Residences at Al Marjan Island redefines coastal luxury with elegant Italian-inspired architecture, premium materials, and panoramic sea views.
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Key details about Gianfranco Ferre Residences at a glance — from pricing and unit types to handover timelines.
Explore renders, interiors, and the breathtaking coastal setting of Gianfranco Ferre Residences.
Enjoy 0% interest on your payment plan with manageable installments spread across the construction period.
Gianfranco Ferre Residences plan lets you secure a premium unit with a modest upfront payment. During construction, your property can appreciate significantly — and you can even resell after paying 30% to the developer.
Detailed breakdown based on starting price AED 1,200,000
| Stage | % | Amount (AED) | Description | Milestone |
|---|---|---|---|---|
| Down Payment | 10% | AED 120,000 | Initial payment on booking | On booking |
| Installment 1 | 10% | AED 120,000 | Construction progress payment | 6 months |
| Installment 2 | 10% | AED 120,000 | Construction progress payment | 12 months |
| Installment 3 | 10% | AED 120,000 | Construction progress payment | 18 months |
| Installment 4 | 10% | AED 120,000 | Construction progress payment | 24 months |
| Installment 5 | 10% | AED 120,000 | Construction progress payment | 30 months |
| Handover Payment | 40% | AED 480,000 | Final payment upon key collection | Q1 2031 |
| Total | 100% | AED 1,200,000 | Full purchase price | |
* Amounts shown for 1BR starting unit. Actual amounts vary per unit type and floor. Payment schedule subject to developer confirmation.
Hi, I'm Lana — Senior Investment Advisor at Palmera. I've personally assisted dozens of investors with Gianfranco Ferre Residences and know every unit, floor plan, and payment option inside out.
Pick the configuration that fits your investment goals.
Al Marjan Island is one of the UAE's premier investment destinations. With the Wynn Resort casino opening nearby in 2027, this area is set for explosive growth in tourism and property values.

Est. 2014 • Dubai, UAE
MIRA Developments is a forward-thinking real estate company committed to creating modern, sustainable communities that enhance the lives of residents and the environment around them. With a strong focus on innovation, quality, and human-centric design, MIRA combines architectural excellence with functionality across every project. The company prioritizes transparency, environmental responsibility, and efficient development practices to deliver lasting value. From high-end residences to transformative urban projects, MIRA’s developments are thoughtfully crafted to meet the evolving needs of modern living. Guided by integrity and a long-term vision, MIRA strives to build spaces that inspire, connect, and shape a better future.
View All Projects by Mira DevelopmentsRas Al Khaimah's property market is poised for significant growth. Here's what makes this opportunity exceptional.
AI-based studies predict up to 58% return on investment over five years for premium Ras Al Khaimah properties, driven by the Wynn Resort effect.
The first casino resort in the UAE, opening on Al Marjan Island in spring 2027. Property values in RAK already rose 20-35% in 2024.
UAE offers 0% income tax, 0% property tax, and 0% capital gains tax. Pay only a one-time 4% registration fee to the Land Department.
RAK has an unprecedented $75 billion in active development projects, signaling massive government commitment to growth and infrastructure.
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