The Source of Fate off-plan projects: AED 1,716/sqft
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Developer portalThe Source of Fate has 3 off-plan projects in our July 2026 dataset across 1 community (most in Al Marjan Island).
Across 24 priced unit records the median asking price is AED 1,716 per sqft (15% below the Dubai-wide off-plan median), with the middle half between AED 1,191 and AED 1,855.
The median unit is AED 1.40M for 1,376 sqft.
The Source of Fate payment plans typically ask 10% on booking and 20% before handover; 100% include post-handover instalments.
Scorecard
| Measure | This developer | Base | What it says, and does not |
|---|---|---|---|
| Completions on record | 0 | 3 off-plan | No completed building by this name appears in the corpus. That is not the same as never having delivered: see the note below. |
Not measured here: share past stated handover; price against neighbours; payment plan discount; community footprint; listing completeness. Each of those needs a base this developer does not reach in the corpus, and a thin number is worse than none.
The scorecard does not measure whether The Source of Fate hands over on time. Every project in this corpus carries one handover date, the date its listing stated when we read it. There is no separately recorded original announced date and no earlier reading of the same project to compare against, so no on-time rate can be computed, and we publish none rather than a proxy. The completions column is also bounded by what the corpus can see: 1,030 of the 1,083 delivered buildings on record handed over in 2020 or later (96%), and the corpus only sees projects that were listed on the portals we read, so an absent completion is an absence of evidence rather than evidence of absence. Full definitions, queries and limitations: methodology.
Price trend
One snapshot so far: AED 1,716 per sqft median over 24 priced units on 2026-07-30. A trend needs a second read; it is drawn here the day the next snapshot lands, one point per read, never interpolated.
Where the prices sit
3 of the 24 records are individual units with a listed price and size; the rest are unit-type starting prices. See methodology.
By bedroom count
| Type | Units | Median rateAED/sqft | Middle halfAED/sqft | Median priceAED | Median sizesqft | EntryAED, p25 |
|---|---|---|---|---|---|---|
| Studio | 5 | 1,354 | 1,342 to 2,232 | 980K | 724 | 980K |
| 1 BR | 9 | 1,716 | 928 to 1,772 | 1.40M | 917 | 1.40M |
| 2 BR | 9 | 1,765 | 1,227 to 1,855 | 2.49M | 1,443 | 2.49M |
SourceOffplanIndex corpus, July 2026n = 23 priced unit recordsasking prices, not transactionsMethod
Payment plan norms
Medians are computed stage by stage, so bars may not sum to exactly 100. Plans with a stated total outside 90 to 110% are excluded.
The Source of Fate launch terms
Down payment mix: of The Source of Fate’s 3 off-plan projects with a readable payment plan, the number offering a plan with each deposit due on booking. A project can sit in more than one band.
Counted from the same readable plans and the same band tests as the payment plan pages, off-plan projects only. Each part appears once three projects support it.
Delivery pipeline
Where The Source of Fate builds
Every The Source of Fate off-plan project
| Project | Community | Type | From | Median AED/sqft | Pre-handover | Handover | Status |
|---|---|---|---|---|---|---|---|
| Sunshine Bay | Al Marjan Island | Apartment | AED 980K | 1,354 | 40% | Q1 2027 | On sale |
| Miraggio | Al Marjan Island | Apartment | AED 1.20M | 2,235 | 20% | Q4 2028 | On sale |
| Miraggio Phase 2 by Source Of Fate | Al Marjan Island | Apartment | AED 1.70M | n/a | 20% | Q4 2028 | On sale |
Project facts (name, community, starting price, handover, payment plan) are as published by the developer. Median AED/sqft is our computation over that project's priced units.
Developers at a similar price point
The Source of Fate side by side
- Off-plan in Ras Al Khaimah 3 projects by The Source of Fate
Questions this data answers
What is The Source of Fate's average off-plan price per sqft?+
Across 24 priced units in 3 The Source of Fate projects (July 2026), the median asking price is AED 1,716 per sqft, with the middle half between AED 1,191 and AED 1,855.
Where is The Source of Fate building off-plan?+
The Source of Fate has projects in 1 community. The largest concentrations are Al Marjan Island (3).
What payment plan does The Source of Fate usually offer?+
Across 3 published The Source of Fate payment plans the median structure is 10% on booking, 10% during construction and 20% on handover, so 20% before keys. 100% of plans include post-handover instalments.
When are The Source of Fate's off-plan projects handing over?+
Scheduled handovers by year: 2027: 1, 2028: 2. Dates are as published by the developer and can move.
How much does a The Source of Fate off-plan unit cost?+
Studio: median AED 980,000 for 724 sqft; 1 BR: median AED 1,400,000 for 917 sqft; 2 BR: median AED 2,490,000 for 1,443 sqft.
Read next
The full report: every community, every developer, ranked.
The Source of Fate in context: price per sqft by community and developer, payment plan structures ranked by cash due before handover, the 2026 to 2029 delivery pipeline, and the CSV behind every table. PDF plus data, delivered instantly.
Source: OffplanIndex derived analytics, built 2026-10-02 from developer-published project facts and unit inventories aggregated from public portals (latest observation 2026-07-30). All statistics are computed by OffplanIndex; no third-party database is reproduced. See the methodology and data policy. Not investment advice.