Coraline Beach Residences — project image
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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 58,166 / year
Cash-on-Cash
2.2%
Levered cashflow AED 13,682
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 620,080 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Sobha Realty.

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Payment Structure

20% down payment

Published payment summary

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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

Siniya Island

Developer and Project Facts

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

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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