Gianfranco Ferre Residences
The facts, verified
About the project
Project general facts Gianfranco Ferre Residences brings iconic Italian design to the prestigious shores of Al Marjan Island, offering a refined collection of studio, one-, two-, and three-bedroom apartments, including exclusive residences with private terrace pools. Designed in a distinctive U-shaped configuration, the development ensures that every home enjoys uninterrupted views of the Arabian Gulf, seamlessly combining sophisticated architecture, contemporary comfort, and a resort-inspired waterfront lifestyle. The development offers an exceptional selection of lifestyle amenities designed to promote relaxation, wellness, and everyday luxury. Residents can enjoy rooftop wellness facilities, panoramic swimming pools, a dedicated family pool, beautifully landscaped gardens, sun decks, and a state-of-the-art fitness center equipped for Pilates, CrossFit, and cycling. Complementing these facilities are premium hotel-style services, including a 24-hour concierge, valet parking, housekeeping, security, a stylish lobby café, luxury retail outlets, and two fine-dining restaurants, creating a truly elevated residential experience. Each residence is finished to the highest standards u
Amenities
Gianfranco Ferre Residences payment plan
| Milestone | Share | On AED 1.61M |
|---|---|---|
| On booking | 10% | AED 161K |
| During construction | 35% | AED 565K |
| Upon Handover | 5% | AED 81K |
| Within 30 months PH | 50% | AED 807K |
Run your own numbers
Your purchase
| Milestone | When | Amount |
|---|---|---|
| Downpayment (10%) | On booking | AED 161,300 |
| During construction (85%) | ≈ AED 57,127 equivalent per month over 24 months | AED 1,371,050 |
| Handover (5%) | On completion | AED 80,650 |
| RAK Municipality fee (4%) | On handover | AED 64,520 |
| Admin / registration (est.) | On booking | AED 5,250 |
Gianfranco Ferre Residences prices and unit mix
Project documents
Al Marjan Island masterplan
Gianfranco Ferre Residences location and connectivity
- 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 MIRA Developments
All their projects →
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…
Attractions within reach
Getting there
All lines →Questions investors ask about Gianfranco Ferre Residences
What is the starting price at Gianfranco Ferre Residences?
Gianfranco Ferre Residences starts from AED 1.61M and runs to AED 14.54M, across 0 bedroom, 0 bedroom, 0 bedroom, 0 bedroom. Prices move with each release; the pack carries the current list.
What is the Gianfranco Ferre Residences payment plan?
10% on booking, 35% during construction, 5% upon handover, 50% within 30 months ph, worked in dirhams on AED 1.61M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
When is Gianfranco Ferre Residences handover?
MIRA Developments lists handover for Q1 2028, with the project currently under construction. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
Where is Gianfranco Ferre Residences?
In Al Marjan Island, Ras Al Khaimah: RAK Academy Al Hamra 12.3 km, Public Park Al Marjan Island 3.3 km, Al Hamra Mall 9.8 km. The Al Marjan Island community guide on this site has the registered prices, rents and schools around it.
Is the project escrow-registered?
Escrow details are confirmed in the project pack, payments release to the developer only against certified construction progress.
What are the fees on top of the price?
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.