The link bridge connecting the island is nearly finished, and dredging operations have already begun.
The $5 billion first phase of Sobha Siniya Island, a luxurious development on one of the UAE's largest natural islands, is set to accommodate over 25,000 residents across 8,000 units upon completion. Francis Alfred, managing director of Sobha Realty, told Khaleej Times that this unique, iconic project off the coast of Umm Al Quwain will set a new standard for preserving nature while constructing opulent and high-quality residential and commercial spaces.
"The Siniya Island is a hidden treasure with significant natural heritage, which we aim to showcase globally through Sobha Siniya, a joint venture with Umm Al Quwain Properties. This development is poised to transform the city of UAQ positively and attract top-tier projects, thereby enhancing the residents' quality of life," Alfred stated.
The link bridge to the island is almost complete, and dredging works have already commenced, crucial for the creation of Sobha Siniya's boat mooring villas and marinas. Onsite infrastructure will start this quarter, with construction expected to begin in Q2 of 2025. The first phase of the project, designed to facilitate luxury island living surrounded by a natural environment teeming with diverse flora and fauna, is scheduled for completion by December 2027, according to Alfred.
"We can achieve such rapid progress due to Sobha Realty's unique backward integrated model, which boosts efficiency across design, engineering, and construction phases. Additionally, our highly skilled and dedicated in-house teams are already working on the Sobha Siniya Island development," he explained.
The Sobha Siniya Island is linked to the mainland via a 1.2 km bridge. The current development spans 1.5 square kilometers, featuring lagoons over 5.0 kilometers long. "As a mixed-use development ideal for community living, it will include parks, shopping malls, educational institutions, public and private beaches, water sports centers, a golf course, marinas, and a yacht club. Most residential units will be situated over water, with a stunning 12-kilometer coastline," Alfred noted.
The development will also include two clubhouses, one for villas and another for the broader community. Apartments start at $300,000, an attractive entry price for luxury real estate investors. Four-bedroom villas begin at $2.88 million and have been well-received. "While we do not position ourselves as an affordable luxury brand, we always aim to offer fairly priced properties," Alfred said.
"We received an overwhelmingly positive response from clients after the initial launch of 200 apartments and 200 villas, followed by four additional launches. The development has attracted a diverse client base including Emiratis, Indians, British, Americans, Russians, and French nationals," Alfred added.
Last year, Sobha Realty achieved $4.24 billion in sales transactions in Dubai, and this year, they anticipate surpassing $5 billion in gross output. The developer currently has approximately 40 million sq. ft of projects under construction, equivalent to around 22,000 units. Additionally, Alfred mentioned that 20 million sq. ft of developments are in the design phase, impacting their gross output.
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