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Source: siniyah-island-uae.com
Published on 11/07/2024

Sobha's $5B Project to Bring 25,000 Residents to One of the Largest Natural Islands in the UAE

Luxury Development Set to Transform UAQ with 8,000 Units, Resorts and World-Class Amenities

Sobha Realty's $5 billion Siniya Island project, located off the coast of Umm Al Quwain (UAQ), will transform the area into a luxury island destination for 25,000 residents. The first phase, set to be completed by December 2027 covers 1.5 square kilometers and will feature 8,000 residential units including apartments, villas, mansions and two luxury resorts.

The development will also offer parks, shopping centers, schools, beaches, marinas, water sports facilities, a golf course and a yacht club. The project is a collaboration with Umm Al Quwain Properties and emphasizes preserving the island's natural beauty and biodiversity while providing high-quality living spaces. Infrastructure work is already underway with the island connected to the mainland via a 1.2 km bridge.

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Apartments start at $300,000 with four-bedroom villas priced from $2.88 million. The development has attracted a diverse international clientele including Emiratis, Indians, and Western nationals.

Sobha's integrated development approach ensures efficient project execution with ongoing and upcoming projects covering 40 million sq. ft of construction and 20 million sq. ft in design. Sobha recorded $4.24 billion in Dubai sales last year and anticipates over $5 billion this year.