Coraline Beach Residences
Off-Plan

Coraline Beach Residences

From AED 1.35M·Handover Mar 2028·20% down payment Payment
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AED 1.35M
Starting Price
Mar 2028
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Coraline Beach Residences is a residential complex by Sobha Realty, located on Siniya Island in Umm Al Quwain. The project consists of three towers connected by a shared podium that includes a ground floor, one residential level, and a rooftop. Each tower features a ground floor and seven to nine residential floors, topped with its own rooftop. The architecture of the towers emphasizes panoramic perspectives, creating an atmosphere of comfort and tranquility. The collection offers apartments with one, two, and three bedrooms. Interiors combine luxury with natural beauty, opening up views of the golf course and the beach. Residents will have access to infinity and lagoon-style swimming pools, a private beach, a modern gym, a children’s playground, a community center, green areas, and a park for leisure and relaxation. The unique location of Coraline Beach Residences ensures convenient access to key destinations in the region: Dubai can be reached in just 50 minutes, Sharjah in 30 minutes, and Al Marjan Island—home to the first casino in the UAE—is only 10 minutes away.

Project Specifications
DeveloperSobha Realty
LocationSiniya Island
Unit Types1 BR, 2 BR, Apartments
AreaSiniya Island
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

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.

Projected Cap Rate
4.3%
NOI AED 58,166 / year
Cash-on-Cash
2.2%
Levered cashflow AED 13,682
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 87,620 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Coraline Beach Residences launch basis1,498AED 1.35MCurrent launch / asking basis
Siniya Island ready-stock comps1,500AED 1.35MIndicative resale benchmark
Siniya Island premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Coraline Beach Residences official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Sobha Realty.

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Payment Structure

20% down payment

Flexible Payment

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Amenities & Lifestyle

Infinity pool
Kids Play Area
Landscaped park
Outdoor cinema
Private beach access
Shared gym & fitness
Social zone

Location

Siniya Island

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Siniya IslandSiniya IslandDubai, UAE

Developer Track Record

01

Coraline Beach Residences by Sobha Realty

02

Located in Siniya Island

03

Starting from AED 1,348,000

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Mar 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Get Qualified for Coraline Beach Residences

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