What is the payment plan for Tranquil Beach Residences?

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

How much is the booking amount for Tranquil Beach Residences?

20% of the price. On the cheapest unit at AED 1.41M that is AED 280,674.

How much do I pay before I get the keys to Tranquil Beach Residences?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.41M that is AED 1.41M by handover in Q4 2030.

Does Tranquil Beach Residences have a post-handover payment plan?

No. The published plan completes at handover in Q4 2030.

What are the registration fees on Tranquil Beach 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 Tranquil Beach Residences.

When is the handover of Tranquil Beach Residences?

Sobha publishes Q4 2030, which is 49 months from now.

Sobha · Siniya Island · handover Q4 2030

Tranquil Beach Residences payment plan, price and handover

Tranquil Beach 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 1.41M, that is AED 1.41M (100%) paid by handover in Q4 2030. Handover is 49 months away.

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The Tranquil Beach Residences payment plan in dirhams

Payment plan as published by the developer

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

On the cheapest unit (1 BR, 510 sqft, AED 1.41M)

On booking	AED 280,674
During construction	AED 561,349
On Handover	AED 561,349
Total (100%)	AED 1,403,372
Months to handover	49

Percentages as published by Sobha. Dirham figures are those percentages applied to the published starting price of AED 1,403,372. Registration and other fees are not included.

The Tranquil Beach Residences instalment schedule, line by line

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

Payment Plan 60/40

Published by Sobha

Stage	Instalment	Share	On AED 1,403,372
On booking	as published	20%	AED 280,674
During construction40%	1st Installment to 4th Installment	4 × 10%	AED 140,337 each
On Handover40%	Admin Fee	fixed	AED 1,150
	On Handover	40%	AED 561,349
Total of the plan		100%	AED 1,403,372

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 1,403,372. Fixed charges are printed as published. Registration is covered separately below.

What each unit size pays at Tranquil Beach 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%)	On Handover (40%)
1 bedfrom 510 sq ft	AED 1,403,372	AED 280,674	AED 561,349	AED 561,349
2 bedfrom 653 sq ft	AED 1,799,134	AED 359,827	AED 719,653	AED 719,653
3 bedfrom 2,190 sq ft	AED 6,242,799	AED 1,248,560	AED 2,497,119	AED 2,497,119

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 Tranquil Beach 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 Tranquil Beach Residences, or read what a buyer pays in each emirate.

Everything else on Tranquil Beach Residences

Tranquil Beach Residences payment plan: questions buyers ask

What is the payment plan for Tranquil Beach Residences?: Tranquil Beach Residences by Sobha is sold on a 20/40/40 plan: 20% on booking, 40% during construction, 40% on handover, as published by the developer.
How much is the booking amount for Tranquil Beach Residences?: 20% of the price. On the cheapest unit at AED 1.41M that is AED 280,674.
How much do I pay before I get the keys to Tranquil Beach Residences?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.41M that is AED 1.41M by handover in Q4 2030.
Does Tranquil Beach Residences have a post-handover payment plan?: No. The published plan completes at handover in Q4 2030. If you sell before handover, this is how it works.
What are the registration fees on Tranquil Beach 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 Tranquil Beach Residences.
When is the handover of Tranquil Beach Residences?: Sobha publishes Q4 2030, which is 49 months from now.