
Canalside Marina Residences is a project by Sobha Realty on Siniya Island, located on the lagoon waterfront with direct access to the sea. The complex consists of two towers featuring a ground floor, a podium with amenities, and seven to nine residential floors. The collection offers residences with one, two, and three bedrooms. The architecture reflects an island-inspired style: façades face the marina and canals, with structures designed to emphasize lightness and openness. Interiors are carefully planned for maximum comfort, while panoramic windows fill the spaces with natural light and offer stunning water views. Residents will enjoy infinity pools on the podium, fitness centers, lounge areas, children’s playgrounds, and direct beach access. The project also includes a yacht club with moorings, a hotel, a shopping mall, and a waterfront promenade with restaurants and cafés. The development is just minutes from key destinations: Marjan Island is 10 minutes away, Sharjah 30 minutes, and Dubai 50 minutes. Siniya Island is connected to the mainland by a 1.7 km bridge, ensuring a fast and scenic route to the city.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Canalside Marina Residences launch basis | 1,512 | AED 1.36M | Current launch / asking basis |
| Siniya Island ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Siniya Island premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |
















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Astraterra Properties
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Siniya Island
Canalside Marina Residences by Sobha Realty
Located in Siniya Island
Starting from AED 1,360,897
Unit mix includes 1 BR, 2 BR, 3 BR, Apartments
Expected handover: Dec 2029
Official brochure and PDF marketing materials available
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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