Siora is currently priced at 3,000 AED per square foot, which is roughly 60% cheaper than established beachfront icons like Palm Jumeirah or Blue Waters. A 1-bedroom unit costs roughly AED 3.6 million, and with a 50/50 payment plan, an investor pays…
Siora is currently priced at 3,000 AED per square foot, which is roughly 60% cheaper than established beachfront icons like Palm Jumeirah or Blue Waters. A 1-bedroom unit costs roughly AED 3.6 million, and with a 50/50 payment plan, an investor pays only AED 1.85 million until the Q3 2029 handover. This price gap offers a unique "Double Bite" opportunity: the first bite occurs during construction as the area's perception shifts, and the second bite happens as the project converges with the prices of its peers. Even with a conservative 10% annual growth estimate—significantly lower than the 22% average growth seen in beachfront properties from 2020-2024—the unit would be worth 5.21 million AED by handover, yielding a Return on Equity (ROE) of 177%. If prices hit the 5,000 AED/sqft mark, the ROE jumps to 211%, rewarding those with the vision to hold trophy assets.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
Ali Faizan Syed’s knowledge centre
Ask Ali about this question · Explore published properties · Browse all questions