Page 73 - SOBHA REALTY PR REPORT - JULY 2024

7/19/24, 11:56 AM Sobha Realty set to develop luxury waterfront project in UAQ
He pointed out that this collaboration with Sobha Realty exemplifies the government’s efforts and vision to integrate modern
amenities into Umm Al Quwain’s pristine natural environment.

Al Siniya Island, he stated, will not only provide residents with a luxurious and tranquil lifestyle but also highlight Al Siniya
Island’s 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
added.

On the strategic tie-up, Group Co-chairman Ravi Menon said: "For us at Sobha Realty, developing a project of this magnitude
marks a remarkable milestone in our journey, highlighting our steadfast dedication to innovation, sustainability and luxury."

"By collaborating with the UAQ government, we seek to transform this natural sanctuary into an uber-luxe 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," he added.

"The project will combine luxury living with the peaceful environment of the island, surrounded by tranquil blue waters of the
Arabian Gulf, and lush, non-polluted landscapes.

"Siniya Island presents an exceptional opportunity for residents to enjoy a luxurious lifestyle with modern amenities and efficient
solutions. Our project is a testament to Sobha Realty’s commitment towards innovation and sustainable development that
preserves and nurtures the local habitat," he noted.

Managing Director Francis Alfred said: "Sobha Siniya Island, being our first venture outside Dubai, we are not just seeking to
offer a new residential area, but also provide an integrated modern lifestyle set amid nature and history of the island. It is our
belief that this project will set a new industry benchmark in the luxury real estate segment of the UAE through its combination of
a peaceful environment, luxury and environmental responsibility."

"Sobha Realty strives to offer living spaces that exceed the expectations of our customers, while ensuring the preservation of the
environment and rich heritage of the island," he stated.

Located minutes away from Al Marjan Island, the project will offer seamless connectivity through a motorable causeway bridge.
It will also facilitate accessibility through marine travel along the coast of the Arabian Gulf.

The project’s strategic position in proximity to key locations increases its appeal as a regional destination, he added.-TradeArabia
News Service

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