Page 129 - SOBHA REALTY PR REPORT - NOVEMBER 2024
P. 129

Sobha's $5b natural island project set to draw

               25,000 residents, transform UAQ



               Current development spreads across 1.5 square kilometres of land area
               Published: Wed 6 Nov 2024, 6:27 PM

                   •  By

                   •  Issac John


































               The link bridge to the island is almost complete and dredging works have already commenced.

               The $5 billion first phase of Sobha Siniya Island, a luxury development on one of the largest natural
               islands in the UAE, will welcome more than 25,000 residents across 8,000 units on completion.
               Speaking to Khaleej Times, Francis Alfred, managing director of Sobha Realty, said 'the one-of-its-
               kind iconic development' off the Umm Al Quwain coast will set a new benchmark on preserving
               nature when building opulent and high-quality residential and commercial spaces.

               “The Siniya Island is an untapped gem with immense natural heritage, which we aim to showcase to
               the world through Sobha Siniya, a joint venture with Umm Al Quwain Properties. The development
               is set to positively transform the city of UAQ, and attract superior-quality developments, thereby
               improving the residents’ standard of living,” says Alfred.

               The link bridge to the island is almost complete and dredging works have already commenced,
               which is vital to the creation of Sobha Siniya’s boat mooring villas and marinas. The onsite
               infrastructure will begin this quarter and building works are expected to start in Q2 of 2025.

               https://www.khaleejtimes.com/business/realty/sobhas-5b-natural-island-project-set-to-draw-
               25000-residents-transform-uaq
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