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SOURCE OF FATE RECORDS 80 PER CENT OVERSEAS BUYER INTEREST FOR FLAGSHIP PROJECT MIRAGGIO

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A modern, multi-story seaside residential building, "Miraggio," with numerous balconies and glass facades, is rendered digitally against a blue sky, showcasing its luxury design.

Source of Fate (SOF), a high-end luxury real estate developer in the UAE, operating under the Wheel of Fate Group, recorded a substantial inflow in international investments for its flagship development Miraggio with 80 per cent of buyers from overseas. As a first-line seaside residential, located on Al Marjan Island, the project is gaining strong attention from global investors seeking long-term value in one of the UAE’s most promising coastal destinations.

The demand is led by investors from the United Kingdom, followed by Turkey, Poland, France, the United States, and India. With the launch of Miraggio Phase II, the developer has also introduced a competitive payment plan to enhance investor flexibility requiring 20 per cent on booking, allowing buyers to resell at this stage if needed; 40 per cent upon completion, with the option to split into a more flexible payment or loan plan; and the remaining 40 per cent spread over two years post-handover. This further contributes to the project’s appeal, with flexible and innovative payment structures currently shaping real estate decisions in the UAE.

Dr Majid Jack Hsiung, General Manager of Source of Fate, said: “Investor behaviour across the UAE is shifting, with decision-makers increasingly prioritising stability, elevated lifestyle offerings, and assets that deliver sustainable long-term value. Miraggio meets this demand with full sea views, elegant design, high-end amenities, competitive pricing, and a luxurious residential lifestyle. Additonally, our new structured payment plan further strengthens the project’s positioning and appeal among investors seeking practical flexibility, security and certainty, as it eases upfront financial pressure, improves cash flow management and supports long-term investment planning.”

According to the company’s reports, Miraggio’s sales are dominated by long-term investors seeking returns upon project completion, influenced by strategic factors such as Ras Al Khaimah’s expanding entertainment sector, the upcoming Wynn Al Marjan Island resort, growth in tourism, and an increase in company formations. The buyer profile shows a range of seasoned investors to first-time international entrants seeking to diversify their portfolios outside traditional markets.

Following the rapid success of Source of Fate’s previous project, Sunshine Bay, which sold out in just two months,  Miraggio continues to demonstrate the developer’s ability to deliver highly desirable waterfront projects that resonate with both regional and international investors.

Coastal developments featuring sustainable design, integrated lifestyle amenities, and flexible ownership options are increasingly capturing investor attention, reflecting evolving investor priorities and broader trends shaping the UAE luxury real estate sector. In Ras Al Khaimah’s evolving market, Source of Fate’s project, Miraggio, is poised to contribute to the emirate’s growth, offering a development that aligns closely with investor expectations while embodying the key trends driving the region’s luxury property market.

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PLANRADAR LAUNCHES “CONSTRUCTION SITE TEMPLATES PLAYBOOK” TO HELP GCC PROJECT TEAMS IMPROVE DAILY SITE EXECUTION CONTROL

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PlanRadar promotional graphic showing a construction site templates playbook displayed on a tablet, highlighting safety, quality, progress and materials control for site teams.

PlanRadar, a digital platform for construction and real estate project management, has launched the Construction Site Templates Playbook, a new practical guide designed to help project teams strengthen day-to-day execution control through disciplined, repeatable site documentation.

As construction and real estate developments across the GCC increase in scale and complexity, site teams operate under continuous pressure: multiple trades working in parallel, frequent inspections, tight programmes, and strict compliance requirements. In this environment, performance issues often begin with simple breakdowns—unclear scope clarifications, delayed approvals, missed inspections, fragmented safety reporting, and incomplete records—then surface later during audits, handover, or dispute resolution when time and cost impacts are already locked in.

The Construction Site Templates Playbook addresses this challenge by positioning templates not as administrative paperwork, but as operational control points that help teams capture, verify, and act on information consistently across the project lifecycle. The playbook consolidates the most essential site templates into five execution pillars:

  • Construction & Commercial Control (scope clarifications, inspections, approvals, change control)
  • Health, Safety & Environment (HSE) (hazard identification, permits to work, incident reporting, compliance records)
  • Quality & Inspections (structured verification, defects and non-conformance control, commissioning readiness)
  • Progress & Coordination (daily reporting, look-ahead planning, constraint tracking, coordination actions)
  • Materials & Logistics (material approvals, delivery inspections, traceable acceptance before installation)

The guide also introduces a practical “Execution Loop”, outlining the sequential stages of planning, executing, inspecting, correcting, and ultimately approving and closing. This approach demonstrates how the templates work together as a unified, disciplined system that enhances accountability, ensures traceability, and accelerates on-site decision-making.

“Successful delivery depends on more than planning—it depends on execution discipline,” said Ibrahim Imam, CEO and Co-Founder of PlanRadar “When clarifications, inspections, approvals, and corrective actions are captured consistently and tied to the right locations and evidence, site teams reduce ambiguity, protect quality, strengthen compliance, and improve handover readiness. This playbook is designed to make those controls practical and repeatable on every project.”

While the playbook can be applied in manual environments, it also highlights how structured digital workflows strengthen template usage by improving ownership, visibility, and audit readiness. By digitising templates, site records become time-stamped, traceable, and location-linked—reducing common challenges such as missing paperwork, delayed approvals, duplicated records, and unclear responsibility.

The Construction Site Templates Playbook is available in English and Arabic and is intended for developers, consultants, main contractors, subcontractors, and site teams involved in construction and real estate delivery across the GCC.

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CALLIGARIS: A CENTURY OF ITALIAN DESIGN, CURATED FOR THE UAE BY WESTERN FURNITURE

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For over three decades, Western Furniture has been synonymous with luxury interiors and European design excellence. As the exclusive partner of Calligaris in the UAE, it continues to bring Italian craftsmanship and innovation closer to homeowners and design enthusiasts.

A Century of Italian Excellence

Founded in 1923 by Antonio Calligaris in Manzano, Italy, the brand began as a family workshop crafting wooden chairs, including the now-iconic Marocca. Over the past century, Calligaris has grown into an international design house offering a complete range of furniture and accessories, combining tradition, technology, and artistry to define modern living.

Through its exclusive partnership with Western Furniture, the essence of Made in Italy continues to flourish in the UAE, uniting design heritage with contemporary sensibility.

Discover a curated selection of Calligaris’ most admired designs below.

The Ginza Sofa captures the essence of modern comfort with its soft, flowing lines and 1970s-inspired organic curves. Its modular design allows for multiple configurations, creating a sense of warmth and sophistication in any space.

Evoking the hues of dawn and dusk, the Sky Rug brings a poetic touch to interiors. Its delicate color gradients and textured weave create a calming, atmospheric foundation for the living space.

The Oleandro Lounge Chair offers a perfect balance of structure and softness. Its wooden base and plush upholstery combine craftsmanship and comfort in a design that’s both tactile and timeless.

Sculptural and refined, the Mushroom Coffee and Side Tables feature bush-hammered glass tops and subtly tilted wooden bases, striking a balance between elegance and lightness.

Minimal yet expressive, the Glen Dining Chair unites geometry and proportion in a sleek, enveloping form that delivers ergonomic comfort and enduring appeal.

The Onda Dining Chair, with its sinuous, wave-inspired lines and slender metal legs, conveys a sense of movement and contemporary grace.

The Alterego Sideboard introduces sculptural sophistication with its three-dimensional door fronts, creating depth, shadow, and a strong focal point for modern interiors.

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RENEW YOUR SPACE WITH NATUZZI ITALIA: A NEW YEAR, REFINED THROUGH DESIGN

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Dubai, UAE – January 2026: This new year, reset your rhythm, refresh your surroundings, and renew your way of living — with Natuzzi Italia. where a new environment sets the tone for a fresh start. Natuzzi Italia offers inspiration for every room of the home, with refined designs that combine comfort, style, and timeless Italian craftsmanship. From the award-winning Amama collection to the serene elegance of Habita, each piece is designed to elevate daily living.

HABITA by Mauro Lipparini

Essential lines and timeless harmony define Habita — a serene living concept where design and well-being coexist in perfect balance.

At its heart is a sculptural, modular sofa with generous proportions, refined upholstery, and enveloping curves, designed for comfort, sharing, and flexibility. Premium padding and thoughtful detailing ensure a relaxed yet elegant experience, adapting effortlessly to different spaces.

Habita is not just a collection — it is a way of living.

The collection is completed by an elegant yet functional coffee table and a striking monolithic dining table, fully lacquered in high-gloss finish. With its organic lines and integrated rotating lazy susan, the dining table seamlessly merges practicality with sculptural appeal.

Amama collection

Amama is a compositional project that redefines conviviality and versatility. It is a modular island sofa designed to shape space, offering the possibility of double-sided configurations for a modern and unusual living experience. Reflecting on architecture and ways of living, the armrest or backrest can become functional elements such as a shelf, table, or even a container.

It is a dynamic project where multiple elements of different textures and materials coexist in a play of overlaps and geometries, opening up to multi-directionality and multifunctionality, combining comfort with freedom of composition and use. It represents a new approach to living that balances aesthetics, flexibility, and functionality, extended by living and dining elements of the same collection.

The soft textures and shapes of Amama harmonize with Verde Antigua marble displays, while furnishings and decorative objects engage in a palette inspired by earth and sea. The result is an immersive experience designed to engage all senses and convey the idea of a harmonious and welcoming home.

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