This is already possible with .NET and MvvmCross: a shared core library plus native UI projects for each platform. UIKit feels great in C# and it’s all been working quite well since Xamarin times, with access to the Nuget ecosystem.
The former is exactly what you are talking about: building native UIs twice and then sharing the common logic.
Otherwise, I’ve been working with it since 2018, my app now has around 500k installs on both stores, and I’ve encountered very few issues related to the stack itself. Mobile .NET has been steadily improving, and LLMs have made the two-native-UI approach much easier: after building an iOS UI, I ask Claude to repeat it on Android for the same view model and get about 80% done instantly.