What is the payment plan for Canalside Marina Residences?

Canalside Marina Residences by Sobha is sold on a 20/40/40 plan: 20% on booking, 40% during construction, 40% upon handover, as published by the developer.

How much is the booking amount for Canalside Marina Residences?

20% of the price. On the cheapest unit at AED 1.36M that is AED 271,723.

How much do I pay before I get the keys to Canalside Marina Residences?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.36M that is AED 1.36M by handover in Q4 2029.

Does Canalside Marina Residences have a post-handover payment plan?

No. The published plan completes at handover in Q4 2029.

What are the registration fees on Canalside Marina Residences?

In Umm Al Quwain the registration fee is set by the emirate's land department. It is paid to the land department, not to EZRE, and it sits outside the developer's payment plan. Ask us for the figure on Canalside Marina Residences.

When is the handover of Canalside Marina Residences?

Sobha publishes Q4 2029, which is 37 months from now.

Sobha · Siniya Island · handover Q4 2029

Canalside Marina Residences payment plan, price and handover

Canalside Marina Residences by Sobha in Siniya Island, Umm Al Quwain is sold on a 20/40/40 payment plan. On the cheapest unit, starting from AED 1.36M, that is AED 1.36M (100%) paid by handover in Q4 2029. Handover is 37 months away.

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The Canalside Marina Residences payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On booking	20%
During construction	40%
Upon Handover	40%

On the cheapest unit (1 BR, 511 sqft, AED 1.36M)

On booking	AED 271,723
During construction	AED 543,446
Upon Handover	AED 543,446
Total (100%)	AED 1,358,615
Months to handover	37

Percentages as published by Sobha. Dirham figures are those percentages applied to the published starting price of AED 1,358,615. Registration and other fees are not included.

The Canalside Marina Residences instalment schedule, line by line

Every instalment Sobha publishes for Canalside Marina Residences, in order, with the charges listed alongside the plan.

Payment Plan 60/40

Published by Sobha

Stage	Instalment	Share	On AED 1,358,615
On booking	as published	20%	AED 271,723
During construction40%	1st Installment to 4th Installment	4 × 10%	AED 135,862 each
Upon Handover40%	Admin Fee	fixed	AED 1,150
	Upon Handover	40%	AED 543,446
Total of the plan		100%	AED 1,358,615

Lines marked fee (Admin Fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Instalments and charges as published by Sobha; the dirham column applies each percentage to the published starting price of AED 1,358,615. Fixed charges are printed as published. Registration is covered separately below.

What each unit size pays at Canalside Marina Residences

The same plan, applied to the starting price Sobha publishes for each size in the building.

Unit	From	On booking (20%)	During construction (40%)	Upon Handover (40%)
1 bedfrom 511 sq ft	AED 1,358,615	AED 271,723	AED 543,446	AED 543,446
2 bedfrom 652 sq ft	AED 1,697,921	AED 339,584	AED 679,168	AED 679,168
3 bedfrom 2,174 sq ft	AED 6,194,636	AED 1,238,927	AED 2,477,854	AED 2,477,854

Starting price per size as published by Sobha; each column is that size’s published starting price multiplied by the stage percentage above.

What it costs to register Canalside Marina Residences

In Umm Al Quwain the registration fee is set by the emirate’s land department. It is paid to the land department, not to Sobha and not to EZRE, and it sits outside the payment plan above. Ask us for the figure on Canalside Marina Residences, or read what a buyer pays in each emirate.

Everything else on Canalside Marina Residences

Canalside Marina Residences payment plan: questions buyers ask

What is the payment plan for Canalside Marina Residences?: Canalside Marina Residences by Sobha is sold on a 20/40/40 plan: 20% on booking, 40% during construction, 40% upon handover, as published by the developer.
How much is the booking amount for Canalside Marina Residences?: 20% of the price. On the cheapest unit at AED 1.36M that is AED 271,723.
How much do I pay before I get the keys to Canalside Marina Residences?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.36M that is AED 1.36M by handover in Q4 2029.
Does Canalside Marina Residences have a post-handover payment plan?: No. The published plan completes at handover in Q4 2029. If you sell before handover, this is how it works.
What are the registration fees on Canalside Marina Residences?: In Umm Al Quwain the registration fee is set by the emirate's land department. It is paid to the land department, not to EZRE, and it sits outside the developer's payment plan. Ask us for the figure on Canalside Marina Residences.
When is the handover of Canalside Marina Residences?: Sobha publishes Q4 2029, which is 37 months from now.