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Canalside Marina Residences

By Sobha Realty in Siniya Island, Umm Al Quwain

Price from
AED 1,360,000
about £279K or $370K
Payment plan
20/40/40
60% before handover
Handover
Q4 2029
Status
Under construction

Payment plan

20/40/40

60% due before handover

  1. Down paymentDown payment20%AED 272,000
  2. Construction instalmentWithin 6 months from booking10%AED 136,000
  3. Construction instalmentWithin 12 months from booking10%AED 136,000
  4. Construction instalmentWithin 18 months from booking10%AED 136,000
  5. Construction instalmentWithin 24 months from booking10%AED 136,000
  6. On handoverOn handover40%AED 544,000
  7. Paid before handoverAED 816,000

Amounts are worked on a 1-bedroom apartment at its starting price of AED 1,360,000. Change home type

For 1-bedroom apartments

Homes and prices

Canalside Marina Residences offers 1-bedroom apartments, 2-bedroom apartments and 3-bedroom apartments. Open a home type for its payment schedule, buying costs and the nearest alternatives.

Some starting prices are Property Finder listings, as noted against each home type; the others come from the sources listed on this page. Checked 12 November 2026. Sterling figures are indicative conversions. Ask for today's availability before relying on any figure.

  • Apartments
  • 1 to 3 bed
  • 510 to 2,174 sq ft
  • Freehold
Developer
Sobha Realty
Location
Marina Residences, Siniya Island, Umm Al Quwain
Golden Visa
Prices reach the AED 2 million threshold

Overview

Fully furnished one- to three-bedroom apartments in Tower A of Canalside, a Marina Residences cluster on Sobha's Siniya Island in Umm Al Quwain, from AED 1.36 million, due December 2029.

Canalside Marina Residences is one of the apartment clusters Sobha Realty is selling around the marina on Siniya Island, Umm Al Quwain. Sobha places it on the canal that leads out to the sea, close to the footbridge into the main Marina Residences, and is currently selling Tower A. The apartments are sold fully furnished.

Sobha publishes nine layouts. Four one-bedroom types run from 510 to 662 sq ft; the larger ones swap the balcony for a terrace or a garden-level yard of about 150 sq ft. The four two-bedroom types range from 652 to 1,022 sq ft, and there is a single three-bedroom layout of 2,174 sq ft, of which 874 sq ft is terrace. Note that the smallest two-bedroom is barely larger than the biggest one-bedroom, so compare plans rather than bedroom counts.

On 12 November 2026 Sobha's website listed Canalside from AED 1.36 million up to AED 6.39 million, subject to availability. Property Finder, which shows stock as available, lists one-bedroom apartments from AED 1,337,604, two-bedroom from AED 1,697,641 and the three-bedroom from AED 6,194,636. Property Finder's one-bedroom figure is slightly below Sobha's current price; we use the developer's.

The payment plan on Property Finder is 20% on booking, then four instalments of 10% at 6, 12, 18 and 24 months from booking, and 40% on handover. That front-loads the construction payments into the first two years. Property Finder records construction from August 2025 and completion at the end of December 2029. Sobha's page does not give a date.

Canalside suits a buyer who wants a furnished apartment that can be let from completion, at one of the lower entry prices on the island. The amenities Sobha lists include facilities in the island master plan, such as the golf course, yacht club and mall, which are not yet built. Sobha gives 10 minutes to Al Marjan Island, 30 to Sharjah and 50 to Dubai. Weigh the volume of competing Sobha apartments due on the island over 2028 to 2030.

Buying costs

Government fees are paid on top of the purchase price. This is the position for the entry-level home; costs scale with price. In Umm Al Quwain the registration authority is the UAQ Urban Planning.

Purchase priceEntry 1-bedroom apartment at Canalside Marina ResidencesAED 1,360,000
Registration fee (indicative 2%)Registration fees in the Northern Emirates vary by emirate and project. Treat this as a placeholder and confirm before budgeting.AED 27,200
Estimated total to completeAED 1,387,200about £284K

Developers may add their own administration charge on off-plan sales. It is set by the developer, not the land department, so it is not included in this estimate: ask for it in writing before you reserve. Registration fees in Umm Al Quwain are quoted inconsistently by official and market sources, so treat this as indicative. Adjust the assumptions in the buying cost calculator.

Golden Visa. Larger unit types here are priced above AED 2 million, the threshold for the 10-year visa by property. Check eligibility

Location

On the canal side of the Marina Residences on Siniya Island, Umm Al Quwain, a short walk from the footbridge into the main marina cluster. The island is reached by a 1.7 km bridge from the mainland.

Map data © OpenStreetMap contributors (ODbL). Tiles Esri

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Al Marjan Island
10 min
Sharjah
30 min
Dubai
50 min

Approximate drive times in normal traffic.

About Siniya Island

  • A single established developer controls the whole island.
  • Low density, with most of the land reported as left open.
  • Marketed as freehold and listed as freehold on Property Finder.
  • About 10 minutes from Al Marjan Island and 50 minutes from Dubai on the developer's figures.

Siniya Island area guide

Amenities

  • Infinity pool
  • Lagoon beach
  • Café and retail
  • Landscaped parks and gardens
  • Motorised seawater waterway
  • Yacht club with boat mooring (island master plan)
  • 18-hole golf course (island master plan)
  • Shopping mall (island master plan)

Developer: Sobha Realty

Private luxury developer that designs, manufactures and builds in-house; best known for Sobha Hartland in Dubai, now also in Abu Dhabi and Umm Al Quwain.

Founded
1976
Headquarters
Dubai, UAE
Ownership
Privately held. Part of Sobha Group, founded by PNC Menon; Ravi Menon is group chairman.

Sobha Realty profile and track record

Adviser's view

What works

  • Sold fully furnished, which suits buyers planning to let after completion.
  • Entry price from AED 1.36 million for a one-bedroom apartment.
  • Detailed floor plans with suite, balcony, terrace and yard areas shown separately.
  • Some ground-level one-bedroom layouts have private yards of about 150 sq ft.

What to weigh

  • The instalment schedule asks for 60% within two years of booking, well before the December 2029 completion.
  • The single three-bedroom costs about AED 6.2 million, roughly AED 2,850 per sq ft including its terrace, against about AED 2,050 to 2,650 for a one-bedroom.
  • Many Sobha apartment clusters on the island are on sale at once, so resale and rental competition will be strong.
  • The golf course, yacht club and mall listed as amenities are master-plan facilities still to be built.
  • Umm Al Quwain's off-plan, escrow and registration rules could not be verified from an official source. Ask Sobha for the escrow account and registration details in writing.

Questions buyers ask

What is the starting price at Canalside Marina Residences?

Sobha Realty's website listed Canalside from AED 1.36 million on 12 November 2026, subject to availability. Property Finder lists two-bedroom apartments from AED 1,697,641 and the three-bedroom from AED 6,194,636.

Are the apartments furnished?

Yes. Sobha describes the Tower A apartments as fully furnished.

What is the payment plan?

Property Finder lists 20% on booking, four instalments of 10% at 6, 12, 18 and 24 months from booking, and 40% on handover.

When will Canalside be completed?

Property Finder lists completion on 30 December 2029. Sobha's page does not give a date, so confirm it in the sale agreement.

What sizes are the apartments?

Sobha's floor plans show one-bedroom apartments of 510 to 662 sq ft, two-bedroom apartments of 652 to 1,022 sq ft and a three-bedroom of 2,174 sq ft including an 874 sq ft terrace.

Who is the developer of Canalside Marina Residences?

Canalside Marina Residences is being developed by Sobha Realty. About Sobha Realty: Private luxury developer that designs, manufactures and builds in-house; best known for Sobha Hartland in Dubai, now also in Abu Dhabi and Umm Al Quwain.

Can foreigners buy at Canalside Marina Residences?

Yes. Siniya Island is a designated area where buyers of any nationality can own freehold property, whether or not they live in the UAE. The purchase is registered with the UAQ Urban Planning.

What fees are payable on top of the price at Canalside Marina Residences?

The main cost is the registration fee (indicative 2%). On the entry price of AED 1,360,000 that comes to about AED 27,200, plus small administration charges. There is no stamp duty, no annual property tax and no tax on rental income for individuals in the UAE, though your home country may tax you. Our buying cost calculator itemises it.

Sources and verification

Facts on this page were last checked on . Prices, availability and payment plans are set by the developer and can change without notice; treat them as a guide until you have a current offer in writing.

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