UAE Island to Welcome 25,000 Residents in $5-Billion Mega Project Off Umm Al Quwain Coast

Saturday, 16 November 2024

A groundbreaking luxury development is underway on one of the UAE’s largest natural islands, set to revolutionize Umm Al Quwain (UAQ), the country’s second-smallest and least-populated emirate. The $5-billion project, Sobha Siniya Island, will transform the region, providing high-end living spaces and amenities for over 25,000 residents. Here’s a breakdown of the exciting developments:

Project Overview: Sobha Siniya Island spans 1.5 square kilometers and features 8,000 residential units, including apartments, villas, and mansions, with an expected completion of phase one by December 2027.
Natural Beauty: The development will preserve the island’s natural environment, rich with diverse flora and fauna, offering a luxurious lifestyle amidst nature.
Iconic Design: According to Francis Alfred, Managing Director of Sobha Realty, the project will set a new standard for integrating luxury living with nature conservation. Sobha Siniya aims to showcase the untapped beauty of Siniya Island, enhancing Umm Al Quwain’s appeal for future developments.
Location and Infrastructure: The island is connected to the mainland via a 1.2 km bridge, and dredging works for boat mooring villas and marinas have already begun. Building works are expected to commence in Q2 of 2025.
Mixed-Use Development:The island will feature:
- Luxury Residences: Apartments, villas, and mansions.
- Resorts: Two luxury resorts for relaxation and leisure.
- Amenities: Parks, shopping malls, educational institutions, public/private beaches, water sports centers, a golf course, and a yacht club.
- Residential Units: Most units will be over water, with a stunning 12-kilometer coastline.
Community Living: Sobha Siniya Island will include two clubhouses: one for villa residents and another for the broader community.
Affordability and Demand:
- Pricing: Apartments start at $300,000, offering an accessible entry point for luxury real estate investors. Villas, starting with four bedrooms, are priced from $2.88 million.
- Market Response: The project has already attracted interest from diverse nationalities, including Emiratis, Indians, Brits, Americans, Russians, and French. The initial launches of 200 apartments and 200 villas were met with overwhelming demand.
Developer Achievements:
- Sobha Realty generated $4.24 billion in sales in Dubai last year and expects to exceed $5 billion this year.
- Currently, the developer has around 40 million sq. ft of projects under construction, which includes 22,000 units.