Mira Developments and Gianfranco Ferré launch waterfront residences in UAE's rising casino destination

Gianfranco Ferré partners with Mira Developments to debut fully-furnished homes on Al Marjan Island as Ras Al Khaimah emerges as a major lifestyle hub.

The prestigious Italian fashion house Gianfranco Ferré has made its mark on the UAE's luxury real estate market with the launch of Gianfranco Ferré Residences, a waterfront development positioned at the tip of Al Marjan Island in Ras Al Khaimah.

The project represents a significant expansion for the Milan-based brand, known for its "Architect of Fashion" legacy, into the rapidly growing UAE property sector. Developed in partnership with Mira Developments, the residences offer turnkey luxury living with panoramic views of the Arabian Gulf on three sides.

The U-shaped architectural design maximizes ocean views from every unit, ranging from studios to three-bedroom apartments, all featuring floor-to-ceiling windows and select units with private terrace pools.

The timing of the launch coincides with Al Marjan Island's transformation into a major entertainment destination, highlighted by the recent opening of the Middle East's first casino.

The island now hosts luxury resorts including Address, Fairmont, and Mövenpick, positioning it as a key competitor to Dubai's established luxury markets.

What sets Gianfranco Ferré Residences apart in the competitive UAE market is its comprehensive service offering. All units come fully furnished with pieces from the latest Gianfranco Ferré Home collection, crafted in Italy from premium materials. The development includes hotel-style amenities such as concierge services, valet parking, in-room dining, and professional cleaning services.

The wellness-focused design features gender-separated pools, rooftop fitness areas equipped with TechnoGym equipment, and dedicated children's zones. A five-star residents' lounge, two restaurants, and landscaped gardens complete the amenity package, while water sports access takes advantage of the prime coastal location.

Mira Developments is known for delivering fully branded and fully furnished homes in collaboration with leading lifestyle brands, including Dolce&Gabbana Casa, Bentley Home, Etro Home, ELIE SAAB, Jacob & Co., Trussardi and John Richmond.

The Gianfranco Ferré Home collection, produced since 2014, follows the legacy of the late fashion designer and is built around "eclectic, versatile, and timeless style." The brand's expansion into real estate reflects a broader trend of fashion houses diversifying into lifestyle sectors, following successful models established by brands like Armani and Versace.

Industry analysts view the project as indicative of Ras Al Khaimah's growing appeal as an alternative to Dubai's saturated luxury market. The emirate's strategic positioning, combined with recent regulatory changes allowing casino operations, has attracted significant international investment and development interest.

The residences are now available as ready-to-move-in properties, targeting both end-users seeking luxury coastal living and investors capitalizing on the emirate's emerging status as a lifestyle destination.

With Al Marjan Island's unique combination of white sandy beaches, mangrove landscapes, and mountain panoramas, the development positions itself at the forefront of the UAE's evolving luxury residential market.