SIA
SIA Offered by Buy Dubai Off-Plan
SIA

SIA

by Grovy in Dubai Islands View on map Under construction

Starting price
AED 1,695,000
Payment plan
60/40
Handover
2030

≈ € 407,000

Project details

Starting price AED 1,695,000 ≈ € 407,000 What will my monthly payments be?
Payment plan 60/40 60% during construction, 40% at handover
Handover 2030 Under construction
Bedrooms 123
Property type
Apartment
Floor area
79 to 184 m²
Developer
Grovy
Location
Dubai Islands

About SIA

  • Exclusive apartments with 1, 2, or 3 bedrooms in a paradisiacal setting

  • Beautifully designed residence with just 68 homes for maximum privacy

  • Breathtaking views of the Arabian Gulf and the Dubai skyline

  • Extensive amenities including infinity pools, a spa, fitness centre, and more

  • Strategically located on Dubai Islands with excellent connections to major landmarks

SIA at Dubai Islands: Luxury apartments by Grovy

SIA is an exclusive residential project developed by Grovy on the prestigious Dubai Islands. This low-rise project consists of just 68 carefully designed apartments that harmonise with the natural beauty of the waterfront location. The residence offers a perfect balance between modern architecture and a relaxed lifestyle, surrounded by sandy beaches, lush greenery, and breathtaking views of the Arabian Gulf. The homes range in size from 79 m2 to 184 m2 and are available in 1, 2, and 3-bedroom configurations. The project is distinguished by high-quality finishes, spacious living areas, and floor-to-ceiling windows that maximise natural light. With a starting price of AED 1,695,000, SIA offers a unique investment opportunity in one of Dubai’s most sought-after locations. The residence is specially designed for those who value exclusivity, comfort, and a high-quality lifestyle.

Apartment types and layouts at SIA Dubai Islands

SIA offers a selection of stylish apartments ranging from compact 1-bedroom units to spacious 3-bedroom homes. The smallest units start at 79 m2, ideal for individuals or couples who appreciate efficient use of space without compromising on comfort. The 2-bedroom apartments offer more space for families or those who frequently host guests, with carefully designed living spaces that make optimal use of natural light. The most spacious 3-bedroom units, up to 184 m2, are perfect for families seeking extra room, with generous bedrooms and an open living area that invites togetherness. All homes are fitted with high-quality materials and modern amenities, with attention to both aesthetics and functionality. The kitchens are equipped with integrated appliances and offer ample storage space, while the bathrooms are finished with premium materials for a luxurious appearance.

About the developer Grovy and the SIA design

The SIA project is being delivered by Grovy Developments, an experienced developer with a sharp eye for quality and detail. The building itself is an architectural masterpiece with G+10 levels, creating an intimate atmosphere with just 68 homes. The low-rise structure contributes to the project’s exclusivity and offers residents more privacy than typical high-rise projects in Dubai. The architecture combines modern elegance with natural elements, allowing the building to blend harmoniously into its surroundings. The common areas are designed with the same attention to detail as the private homes, featuring high-quality materials and a refined aesthetic. Grovy Developments is known for its focus on sustainability and quality, which is reflected in the careful selection of materials and construction methods. The company has a proven track record of delivering projects that are both aesthetically appealing and functionally excellent.

Prime location in Dubai Islands near key Dubai destinations

SIA is located on Dubai Islands, a prestigious destination known for its idyllic waterfront location and high-quality amenities. The residence is in a perfect location, far enough from the city’s hustle and bustle to offer tranquillity, yet excellently connected via bridges and water transport. The area is characterised by sandy beaches, luxury resorts, and lush green surroundings that enable a relaxed lifestyle. Key landmarks such as Dubai Airport, Dubai Festival City, and the Burj Khalifa are within a half-hour reach. The neighbourhood offers numerous recreational opportunities, including yacht clubs, beach clubs, and high-end culinary destinations. For daily needs, there are various shopping options and hospitality venues in the immediate vicinity. The location thus combines the best of both worlds: the peace of an island and the convenience of city amenities. The area around Dubai Islands is rapidly developing into one of Dubai’s most sought-after residential destinations.

Flexible payment plan for SIA apartments

While the specific payment plan for SIA has not yet been finalised, interested parties can expect a flexible approach that suits their financial situation. We can guide you in finding the most suitable financing solution for your investment in this exclusive project. Typically for this type of prestige project, payment plans are offered that are spread over the construction period, with an initial down payment followed by progressive payments linked to construction phases. For international investors, attractive financing options are often available through local banks. The agent goes through the various options with you and helps you navigate the purchasing process. It is important to note that the starting price of AED 1,695,000 is dependent on the apartment type and floor level. Please feel free to contact us for a personal consultation about the options that suit your situation.

Amenities

Payment plan for SIA

60%40%
60%
During construction, in instalments
AED 1,017,000
≈ € 244,000
40%
After handover
AED 678,000
≈ € 163,000

Monthly payments and your own funds

How much do you need for SIA, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 3,431

≈ € 820 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 1,017,000≈ € 244,100
Your funds at handover
AED 0≈ € 0
Mortgage at handover
AED 678,000≈ € 162,700
Purchase costs4% DLD fee and mortgage costs
AED 77,145≈ € 18,500
Total funds required
AED 1,094,145≈ € 262,600
Request finance guidance for SIA
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Location

Dubai Islands, Dubai
Open in Google Maps

About Grovy

Grovy Real Estate Development is a leading developer in Dubai, specialising in off-plan real estate projects that target both residential and commercial investors. Their portfolio includes luxury apartments, modern villas, and dynamic mixed-use projects in the city's most sought-after areas. An example is the recently launched Marina Heights, a residential tower with views of the Palm Jumeirah, where apartments range from 75 m2 to 220 m2 with prices starting from AED 1,200,000. Additionally, Grovy offers projects such as Downtown Views and Business Bay Plaza, which target professionals and expatriates. Each project is characterised by sustainable materials, smart technology, and a focus on quality of life. Due to the diversity of offerings, investors can choose from various stages of development, from newly launched plans to nearly completed projects.

Grovy Real Estate Development was established in 2008 and has since experienced impressive growth in Dubai's real estate market. The developer began with small-scale residential projects but quickly expanded into large-scale developments due to a combination of visionary leadership and market knowledge. Iconic projects such as The Grove Residences and Al Habtoor Tower established Grovy's name as a reliable entity. Over the years, the company has won several awards, including the Dubai Property Award for innovative design. Their focus on quality and customer-centric approach has led to a strong reputation among both local and international investors. With a portfolio spanning prime locations such as Dubai Marina and Jumeirah Village Circle, Grovy remains a key player in the off-plan market.

All projects by Grovy

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Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.