Page 101 - SOBHA REALTY PR REPORT - JULY 2024

Sobha Realty signed an agreement with Umm Al Quwain Properties to
develop this private waterfront neighbourhood that expects to a destination
for luxury home buyers.

PNC Menon, chairman and founder of Sobha Group and Sheikh Mansour bin
Ibrahim Al Mualla, managing director of Umm Al Quwain Properties, signed
the mega project agreement at Al Diwan Al Amiri in the presence of Sheikh
Rashid bin Saud bin Rashid Al Mualla, Crown Prince of Umm Al Quwain.

The project cost, the number of residential units and other details have not

been revealed.

The Crown Prince said Al Siniya Island would not only provide residents with a
luxurious and tranquil lifestyle but also highlight the rich biodiversity and

historical significance. “We look forward to the completion of this seminal
project, which is poised to enhance the prosperity of our community,” he said,
reiterating the government’s dedication to fostering sustainable
developments that enable it to preserve natural heritage while promoting
ubiquitous growth. This collaboration between Umm Al Quwain government
and Sobha Realty to develop Siniya Island exemplifies the government’s
efforts and vision to integrate modern amenities into Umm Al Quwain’s
pristine natural environment, said Sheikh Rashid.

Menon, underlining the iconic project’s importance in redefining standards in
the luxury real estate market while promising a distinctive and serene
lifestyle for its residents, said developing a project of such magnitude marks a
remarkable milestone in his group’s journey, highlighting its steadfast

dedication to innovation, sustainability and luxury. “By collaborating with the
Umm Al Quwain government, we seek to transform this natural sanctuary
into an uber-luxury destination offering an unparalleled living experience.
Our goal is to develop Sobha Siniya Island as a testament to the seamless
blend of modern luxury with the island’s rich biodiversity and historical
heritage. We are honoured to collaborate with Umm Al Quwain government
on this luxury project,” Menon added.

https://www.khaleejtimes.com/business/aqs-sobha-siniya-island-set-to-redefine-luxury-living