Page 87 - SOBHA REALTY PR REPORT - OCTOBER 2024

A 1.7 kilometre bridge will connect the Umm Al Quwain mainland to the
Siniya.Image Credit: Supplied

UAE based and overseas investors planning second or more home property
investments are a dominant reason in why there are plentiful takers for the

offplan launches happening in these emirates.

Now, UAQ is gunning for that attention too. Sobha has set apartment prices

from Dh1.15 million, while villas carry prices of Dh10.5 million to over

Dh30 million.

The Siniya Island masterplan is still being worked on, but there’s already a

bridge connecting the UAE mainland to the location, which will help with

the construction and, of course, easier connectivity for future residents.

Sobha is targeting Phase 1 delivery by December 2027. “We are only using

40% of the land available for real estate, which will include the 7,000

homes, two hotels and a mall,” said Alfred. “The bulk of the site will be left

open for green spaces.