A prominent real estate company in Dubai, Samana Developers, has officially entered the waterfront property market with the launch of two projects valued at AED 660 million. Named Samana Ocean Pearl 1 and Samana Ocean Pearl 2, both developments located on Dubai Islands were fully sold out within two hours, the company announced on Thursday.
In response to the strong demand, Samana Developers disclosed that they have acquired additional plots on Dubai Islands and plan to introduce more projects in the near future.
Positioned along the Arabian Gulf, the Samana Ocean Pearl projects offer a fresh approach to waterfront living. Each project spans 237,913.2 sq.ft. and includes a variety of one, two, and three bedroom apartments, as well as four bedroom penthouses, all equipped with private pools for the residents.
Nakheel Properties, the master planner behind Dubai Islands, highlighted the area's unique location, which offers a balance between proximity to Dubai’s bustling city centre and the tranquillity of island life. Accessible via the Infinity Bridge and by sea, Dubai Islands feature pristine beaches, luxury hotels, and seamless access to the city’s heart, making it an attractive destination for both residents and tourists.
Imran Farooq, CEO of Samana Developers, commented on the new projects, saying that, Samana Ocean Pearl marks their entry into waterfront developments on Dubai Islands. These projects reflect their vision of creating resort-style living, combining affordable luxury and value for money. They are seeing strong interest from international buyers, particularly from Europe, with many purchasing multiple units, reflecting the growing demand for waterfront properties in one of the world’s top real estate markets.
Each unit in the Samana Ocean Pearl projects is equipped with advanced smart-home technology, offering residents modern conveniences such as automated lighting and energy-efficient systems, all designed to enhance their quality of life.
The developments also feature top-tier fitness centres, beautifully landscaped gardens, children’s play areas, and social spaces for gatherings. In addition, residents can take advantage of jogging tracks that offer breathtaking views of the waterfront, blending modern architecture with the natural beauty of the surroundings to create a serene and elegant living experience.
To make investment more accessible, the projects come with a flexible five-year payment plan, requiring just 1% monthly payments and offering an attractive 8% return on investment.
Samana Ocean Pearl 1 and 2 are scheduled for completion in December 2026 and March 2027, respectively, providing investors ample time to plan their move to one of Dubai’s most anticipated residential communities. Additionally, buyers in these projects will have the opportunity to obtain the UAE Golden Visa, offering long-term residency benefits and the chance to establish a permanent home in Dubai.
Original article reference: Zawya.
