What is the payment plan for Pierside Marina Residences?

Pierside 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 Pierside Marina Residences?

20% of the price. On the cheapest unit at AED 1.45M that is AED 289,488.

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

100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.45M that is AED 1.45M by handover in Q1 2029.

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

No. The published plan completes at handover in Q1 2029.

What are the registration fees on Pierside 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 Pierside Marina Residences.

When is the handover of Pierside Marina Residences?

Sobha publishes Q1 2029, which is 28 months from now.

Sobha · Siniya Island · handover Q1 2029

Pierside Marina Residences payment plan, price and handover

Pierside 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 1.45M, that is AED 1.45M (100%) paid by handover in Q1 2029. Handover is 28 months away.

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The Pierside 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, 546 sqft, AED 1.45M)

On booking	AED 289,488
During construction	AED 578,975
Upon Handover	AED 578,975
Total (100%)	AED 1,447,438
Months to handover	28

Percentages as published by Sobha. Dirham figures are those percentages applied to the published starting price of AED 1,447,438. Registration and other fees are not included.

The Pierside Marina Residences instalment schedule, line by line

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

Payment Plan 1

Published by Sobha

Stage	Instalment	Share	On AED 1,447,438
On booking	as published	20%	AED 289,488
During construction40%	1st Installment to 4th Installment	4 × 10%	AED 144,744 each
Upon Handover40%	Admin Fee	fixed	AED 1,150
	Upon Handover	40%	AED 578,975
Total of the plan		100%	AED 1,447,438

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 1,447,438. Fixed charges are printed as published. Registration is covered separately below.

What each unit size pays at Pierside 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 546 sq ft	AED 1,447,438	AED 289,488	AED 578,975	AED 578,975
2 bedfrom 685 sq ft	AED 1,696,745	AED 339,349	AED 678,698	AED 678,698
3 bedfrom 2,155 sq ft	AED 5,494,260	AED 1,098,852	AED 2,197,704	AED 2,197,704

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 Pierside 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 Pierside Marina Residences, or read what a buyer pays in each emirate.

Everything else on Pierside Marina Residences

Pierside Marina Residences payment plan: questions buyers ask

What is the payment plan for Pierside Marina Residences?: Pierside 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 Pierside Marina Residences?: 20% of the price. On the cheapest unit at AED 1.45M that is AED 289,488.
How much do I pay before I get the keys to Pierside Marina Residences?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.45M that is AED 1.45M by handover in Q1 2029.
Does Pierside Marina Residences have a post-handover payment plan?: No. The published plan completes at handover in Q1 2029. If you sell before handover, this is how it works.
What are the registration fees on Pierside 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 Pierside Marina Residences.
When is the handover of Pierside Marina Residences?: Sobha publishes Q1 2029, which is 28 months from now.