Developer profile
Source of Fate Al Marjan Island developer since 2024
Source of Fate is a UAE developer that launched in 2024 as part of the Wheel of Fate group, led by founder and CEO Dr Majid Jack Hsiung. On Al Marjan Island in Ras Al Khaimah it builds Miraggio, an AED 2.6 billion project with 810 units, and Sunshine Bay. Explore every Source of Fate project in our catalog.
- 2projects on Empire City
- 2communities
- AED 2.6bnMiraggio value
- 810units at Miraggio
- Launched
- 2024
- Group
- Wheel of Fate
- Founder & CEO
- Dr Majid Jack Hsiung
- Sales partner
- Savills
- Signature project
- Miraggio, Al Marjan Island
- Communities
- Al Marjan Island, Ras Al Khaimah
About Source of Fate
Source of Fate launched in September 2024 as part of the Dubai-based Wheel of Fate group, with nearly AED 10 billion of planned developments. It is led by founder and CEO Dr Majid Jack Hsiung.
Its first projects are on Al Marjan Island in Ras Al Khaimah, starting with Sunshine Bay, due in Q1 2027.
In October 2025 it launched Miraggio, an AED 2.6 billion project with 810 apartments on the central islet of Al Marjan Island next to Wynn Al Marjan Island; Miraggio and Miraggio Phase 2 are due in Q4 2028.
Source of Fate Projects in Dubai
2 projects by Source of Fate on our site — new launches, projects under construction and ready homes.
Get the Latest Source of Fate Price List and Offers
Prices, availability and payment plans change with every launch. Leave your number and we will send you the current Source of Fate price list with the best available units.
- New launches
- Payment plans
- Available units
- Floor plans
Master Communities by Source of Fate
Al Marjan Island
Miraggio, Miraggio Phase 2 and Sunshine Bay.
Why Buy from Source of Fate
- 01
Island setting
All projects on Al Marjan Island.
- 02
Next to Wynn
Miraggio beside Wynn Al Marjan Island.
- 03
Studios to 3-beds
Miraggio units from 420 to 3,026 sq ft.
- 04
Off-plan launches
Staged payment plans.
Frequently Asked Questions about Source of Fate
Who leads Source of Fate?
Dr Majid Jack Hsiung is founder and CEO.
What is Miraggio?
An AED 2.6 billion, 810-unit project on Al Marjan Island, due in Q4 2028.
Where does Source of Fate build?
On Al Marjan Island in Ras Al Khaimah.
Do Source of Fate off-plan projects come with payment plans?
Most off-plan Source of Fate launches are sold with staged payment plans. The terms differ from project to project, so we send you the current plan for each project you are interested in.
Can foreigners buy Source of Fate property?
Ownership rules depend on the emirate and the specific project. Our team will check whether foreign buyers can own property in the Source of Fate project you are interested in and guide you through the purchase.
How many Source of Fate projects are listed on Empire City?
Our catalog currently lists 2 Source of Fate projects in Dubai, with listed prices starting from $266,848. Contact us for the full, up-to-date list of units for sale.
Choose a Source of Fate Property with Our Experts
Tell us your budget and goals — we will shortlist Source of Fate projects, send floor plans and payment plans and arrange viewings.
Off Plan
Areas
Villas & Townhouses
- Villas and Townhouses in Dubai
- Villas and Townhouses in Abu Dhabi
- Villas and Townhouses in Sharjah
- Villas & Townhouses in Ajman
- Villas and Townhouses in Ras El Khaimah
- Villas and townhouses in Oman
- Dubai Hills Estate
- DAMAC Lagoons
- Arabian Ranches 3
- Tilal Al Ghaf
- DAMAC Hills 2
- MBR City
- Dubai South
- The Valley
- Town Square
- Yas Island
- Saadiyat Island
Developers
Call us
Privacy Policy Estate's
© 2026 empirecityuae.com all rights reserved.
EMPIRE CITY REAL ESTATE L.L.C License No. 1134004.
We are in social networks: 
* 
