Dubai-based Samana Developers has made a significant entry into the waterfront real estate market with the announcement of two ambitious new projects. These developments, named Samana Ocean Pearl 1 and Samana Ocean Pearl 2, represent a combined investment of 660 million UAE dirhams (approximately $180 million). This marks the company’s first foray into waterfront properties, signaling a major expansion of their portfolio.
The two projects are strategically located on Dubai Islands in the Deira area, a prime waterfront location known for its picturesque views and proximity to key city attractions. Each project spans an impressive 237,913.20 square feet, offering a range of residential units designed to cater to various lifestyles and preferences. The developments include one-, two-, and three-bedroom apartments, as well as luxurious four-bedroom penthouses. A standout feature of these residences is the inclusion of private pools in every unit, providing an exclusive and resort-like living experience.
Samana Ocean Pearl 1 is scheduled for completion and handover in December 2026, while Samana Ocean Pearl 2 will follow shortly after, with an expected handover in March 2027. These timelines reflect the developer’s commitment to delivering high-quality projects within a reasonable timeframe, ensuring that future residents can enjoy their new homes as planned.
Imran Farooq, CEO of Samana Developers, emphasized that these projects represent a significant milestone for the company. As their first waterfront developments, Samana Ocean Pearl 1 and 2 embody the developer’s innovative approach to real estate. Farooq highlighted that these projects are designed to offer a resort-style living experience, where luxury is affordable, and value for money is a key consideration. The developments aim to provide residents with exceptional living spaces that blend comfort, style, and functionality.
In addition to the luxurious residential units, Samana Ocean Pearl 1 and 2 boast a wide range of amenities that cater to the diverse needs of their residents. Each project will feature state-of-the-art fitness centers, beautifully landscaped gardens, and dedicated children’s play areas. These amenities are designed to promote an active and healthy lifestyle while fostering a strong sense of community among residents. The projects will also include dedicated spaces for social gatherings, jogging tracks, and other recreational facilities, ensuring that residents have ample opportunities to relax and socialize in a serene and picturesque environment.
The introduction of Samana Ocean Pearl 1 and 2 into the Dubai real estate market underscores Samana Developers’ commitment to pushing the boundaries of luxury living. By offering high-quality, well-designed residences in a prime waterfront location, the developer is poised to attract discerning buyers and investors looking for a unique blend of luxury, convenience, and value. The success of these projects is likely to pave the way for future waterfront developments by Samana Developers, further establishing the company’s reputation as a leader in innovative and affordable luxury real estate.
