
Name: Majid Jack Hsiung
Designation: General Manager
Company: Source of Fate
Category: Developer Titans
As the General Manager of Source of Fate, a bold new developer on the rise, Dr. Majid Jack Hsiung brings more than just experience to the table. With 20 years of success as both engineer and architect, he is driving Source of Fate’s rise as a leader in sustainable, wellness-focused luxury developments across the Emirates. A seasoned project management expert, Dr. Hsiung has spearheaded a diverse portfolio across the global market, overseeing everything from retail and office towers to leisure complexes and high-end residential spaces. Known for his meticulous approach and results-driven leadership, he’s built a reputation for delivering projects on time and within budget, without compromising on innovation or elegance.
Following the swift sell-out of Sunshine Bay within the first quarter of its launch, Source of Fate Properties is now focusing on a bold new venture: Miraggio, a visionary residential development set to redefine coastal living on Al Marjan Island. Designed as a seamless extension of the island’s natural beauty, Miraggio gracefully cascades toward the shimmering turquoise embrace of the Arabian Gulf. Its flowing architecture and carefully crafted interiors mirror Dr. Hsiung’s artistic vision and thoughtful expertise. Guided by his insight, Source of Fate is shaping a legacy rooted in innovation, sustainability, and harmony with nature. This inspiring new project will offer 810 residences, complemented by state-of-the-art wellness amenities created to nurture the well-being of its growing community.
Where Sunshine Bay captured the vibrant dance of a sailboat upon the waves, Miraggio reflects the serene strength of the ocean — a sanctuary where architecture, nature, and wellness merge in perfect balance.
This upcoming launch marks an exciting evolution for Source of Fate Properties. With Sunshine Bay, the AED 700 million flagship development, already sold out and set for handover in Q1 2027, momentum now builds toward Miraggio, continuing the company’s mission to create elegant, sustainable, and wellness-focused communities.
As the company broadens its footprint across the UAE, Sunshine Bay and Miraggio will set the benchmark for visionary, wellness-driven living, capturing the aspirations of discerning residents and forward-thinking investors alike.

