Gianfranco Ferre Residences by Mira

Ras Al Khaimah, United Arab Emirates

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Price from

≈ $439,210AED 1,613,000Rate as of 2026-08-30

US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

AED 29,538 / m²

pricier than 80% of city projects

+22% vs the city median (Ras Al Khaimah), sample of 37 projects

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Data verified Aug 28, 2026price source: developer partner networkupdated 2 days ago

Properties

Condominium

Area

42 - 492 m²

Bedrooms

1 - 4

Readiness

Under construction

Available

8 of 8

Dry season

May, Jul, Aug

Is this expensive for the city

$8,043per m²pricier than 80% of city projects

Median $6,595
$4,191$10,935

+22% vs the city median (Ras Al Khaimah), sample of 37 projects

Rate as of 2026-08-30, city data updated 2026-08-30. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.

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What it really costs

Payment plan

  1. Step 1

    On booking

    10%

    $43,921

  2. Step 2

    Tax

    4%

    $17,568

  3. Step 3

    Before commissioning

    50%

    $219,605

  4. Step 4

    On transfer

    40%

    $175,684

Total$439,210

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

$436$6,590

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

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40%100%
0%20%
Monthly income

$1,684

Annual income

$20,203

Gross yield

5.7%

Net yield

4.6%

Value in 5 years

$587,763

5-year ROI

57%

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Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

When is the season here

Driest months: May, Jul, Aug

Wettest months: Jan, Mar, Dec

Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.

Rainfall, mm per monthTemperature, °C
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan20.123
Feb21.110
Mar23.716
Apr27.56
May31.51
Jun34.12
Jul35.71
Aug35.71
Sep33.71
Oct30.82
Nov26.48
Dec22.414

Source: NASA POWER, climate normal (2001-2020). Grid node 25.7, 55.7. This is a multi-year normal, not a weather forecast.

About the project

Properties

Condominium

Status

Under construction

Total units

8

Available

8

Area

42 - 492 m²

Description

Eight units in a single building: that is the entire scale of Gianfranco Ferre Residences by Mira in Ras Al Khaimah. The project is developed by Mira Developments and is currently under construction, built as a condominium.

Unit sizes range from 42.12 sqm to 504.8 sqm, spanning compact one-bedroom layouts up to larger four-bedroom residences. Bedroom counts run from 1 to 4 across the building. All eight units remain available, so the full range of layouts is still open to buyers rather than limited to whatever is left unsold.

Prices start at AED 1,613,000 and run up to AED 15,281,000, with a price per square meter of AED 38,295. The wide price span corresponds to the wide range of unit sizes on offer, from the smallest to the largest residences in the building.

The development sits in the Ras Al Khaimah region of the UAE. It is organized as one building rather than a multi-block complex, keeping the entire property within a single structure.

Location

Ras Al Khaimah, United Arab Emirates

Market context

Residential price growth

39% YoY

Apartment price level

Dh2,000 per sqft

Rental growth

5% YoY

Average gross rental yield

5.6%

Foreign buyer share

68%

Ras Al Khaimah’s residential market is on a sharp upward trajectory, with prices and rents both posting solid year‑on‑year gains and the emirate attracting a growing share of foreign investors. The momentum is underpinned by strong economic growth, new premium projects such as the Wynn Al Marjan Resort and expanding tourism, suggesting continued capital appreciation and robust rental demand into 2026.

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