Sobha Realty, a prominent developer of luxury residential properties in the region, announced on Monday its latest real estate venture on Al Siniya Island, Umm Al Quwain. The company has entered into an agreement with Umm Al Quwain Properties to develop a private waterfront community, which is expected to attract luxury home buyers. The agreement for this mega project was signed by PNC Menon, chairman and founder of Sobha Group, and Sheikh Mansour bin Ibrahim Al Mualla, managing director of Umm Al Quwain Properties, in the presence of Sheikh Rashid bin Saud bin Rashid Al Mualla, Crown Prince of Umm Al Quwain, at Al Diwan Al Amiri.
Details such as the project cost, number of residential units, and other specifics have not been disclosed. The Crown Prince highlighted that Al Siniya Island will not only offer a luxurious and peaceful lifestyle but also showcase the area's rich biodiversity and historical importance. He expressed anticipation for the project's completion, which is set to boost community prosperity, emphasizing the government's commitment to sustainable development that preserves natural heritage while fostering widespread growth.
This collaboration between the Umm Al Quwain government and Sobha Realty to develop Siniya Island reflects the government's vision to integrate modern amenities into the region's natural environment, according to Sheikh Rashid. Menon emphasized the project's significance in elevating standards in the luxury real estate market and providing a unique, serene lifestyle for residents. He noted that undertaking such a large-scale project marks a significant milestone for his group, underscoring its dedication to innovation, sustainability, and luxury.
Ravi Menon, co-chairman of Sobha Group, stated that Sobha Siniya Island is designed to offer a distinctive lifestyle amidst the natural beauty of Umm Al Quwain. The project aims to blend luxury living with the island's peaceful environment, surrounded by the Arabian Gulf's calm waters and unspoiled landscapes. Francis Alfred, managing director of Sobha Realty, highlighted that the Siniya Island project represents the developer's first foray outside Dubai. He emphasized the project's commitment to luxury, innovation, and sustainability, aiming to provide not just a new residential area but an integrated modern lifestyle set against the backdrop of the island's nature and history.
