The first phase of Sobha Siniya Island, a $5 billion luxury project on one of the largest natural islands in the UAE, aims to accommodate over 25,000 residents across 8,000 units when finished.
Francis Alfred, managing director of Sobha Realty, shared that this “one-of-a-kind iconic development” near the Umm Al Quwain coast will set a new standard for blending luxury with nature while creating high-quality residential and commercial spaces.
Transforming UAQ with Nature and Luxury
“The Siniya Island is a hidden gem with a rich natural heritage that we want to showcase to the world through Sobha Siniya, a collaboration with Umm Al Quwain Properties. This development will transform UAQ, attracting better-quality projects and improving residents’ quality of life,” said Alfred.
Work on the link bridge to the island is nearly complete, and dredging has begun to create boat mooring villas and marinas. Infrastructure work is set to start this quarter, with construction anticipated to begin in the second quarter of 2025.
Fast-Tracked Luxury Living Amid Nature
Phase one of the project focuses on luxury island living surrounded by a diverse array of plants and wildlife native to the island. It is expected to be finished in two years, by December 2027.
“We can achieve such a quick turnaround thanks to Sobha Realty’s unique integrated model, which boosts efficiency throughout the design, engineering, and construction phases. Our skilled in-house teams are already hard at work on Sobha Siniya Island,” he added.
The Sobha Siniya Island will be linked to the mainland by a 1.2-kilometer bridge. The current development covers 1.5 square kilometers, featuring lagoons extending over 5 kilometers. “As a mixed-use development, it will include residential apartments, villas, mansions, and two luxury resorts, designed for community living. It will have parks, shopping centers, schools, beaches, water sports facilities, a golf course, as well as marinas and a yacht club. Most residential units will be over water, with a breathtaking coastline of at least 12 kilometers,” Alfred explained.
Community Amenities and Pricing
The project will also have two clubhouses: one for villa residents and another for the broader community.
According to Alfred, apartment prices start at $300,000, which is a great entry point for luxury real estate investors. Four-bedroom villas start at $2.88 million and have received positive feedback from clients. “While we don’t market ourselves as an affordable luxury brand, we aim to offer our clients reasonably priced properties,” he noted.
“We have received a very positive response from clients after launching 200 apartments and 200 villas, followed by four more launches. So far, the development has attracted a diverse group of clients, including Emiratis, Indians, British, Americans, Russians, and French nationals,” Alfred stated.
Strong Sales and Future Growth
Last year, Sobha Realty reported $4.24 billion in sales transactions in Dubai and expects to exceed $5 billion this year.
The developer currently has around 40 million square feet of projects underway, which includes about 22,000 units. Alfred mentioned that another 20 million square feet of developments are in the design phase, significantly impacting future output.