Samana Barari Lagoons Corner Retail Unit 22.8% Below OP, Majan

Property Overview

This 885 sq ft corner retail unit on Podium 2 at Samana Barari Lagoons in Majan is offered as an off-plan resale at AED 1,699,000, against an agent-stated original purchase price of AED 2,200,000. The asking price is AED 501,000 (22.8%) below the original price, with parking included and handover stated as Q1 2028.

Property Highlights

• Property type: Corner retail unit (off-plan resale)
• Size: 885 sq ft
• Level: Podium 2 (agent-stated)
• Parking: Included (agent-stated; number of bays not supplied)
• Service charge: AED 15 per sq ft (agent-stated), about AED 13,275 a year at 885 sq ft
• Handover: Q1 2028 (agent-stated)
• Asking price: AED 1,699,000
• Original purchase price (agent-stated): AED 2,200,000
• Saving versus original price: AED 501,000 (22.8%)
• Price per sq ft: approximately AED 1,920

Why the Price Qualifies as Below OP

The agent brief states an original purchase price of AED 2,200,000 and a selling price of AED 1,699,000. The difference is AED 501,000, or 22.8% below the original price. Dividing the asking price by 885 sq ft gives approximately AED 1,920 per sq ft.

The agent describes the discount as 22.8% below OP plus DLD. DPF's calculation shows that 22.8% is the discount against the original price alone. Adding the 4% DLD registration fee to the original price gives a total cost basis of roughly AED 2,288,000, and the asking price is about 25.7% below that figure. This listing uses the more conservative original-price comparison.

The agent also reports the asking price was reduced from AED 1,749,000. The benchmark is the seller's original purchase price as supplied in the agent brief received on 13 October 2026, not a DLD transaction record or independent valuation. Buyers should confirm the original price, the amount already paid and the outstanding balance against the Sales and Purchase Agreement (SPA) and the developer's statement of account.

About the Project, Developer and Location

Samana Barari Lagoons is an off-plan mixed residential and retail project by Samana Developers in Majan, Dubai. This unit sits within the project's podium retail component. Building-level details such as total retail count, anchor tenants and footfall projections were not supplied and should not be assumed.

Unit Position and Use

The agent describes this as a corner retail unit on Podium 2. Corner frontage can offer greater visibility than an inline shop, but actual exposure depends on the podium layout, access points and surrounding tenancy mix. Permitted trade activities, frontage width, fit-out condition at handover and signage rights were not supplied and should be confirmed with Samana Developers and against the SPA.

Payment Plan, Handover and Running Costs

The agent states handover is expected in Q1 2028 and gives a service charge of AED 15 per sq ft, which works out to about AED 13,275 a year for 885 sq ft before any revisions by the owners association. The payment plan, amount already paid and remaining balance were not supplied. Confirm all payment terms, the handover date, the current service charge and any developer transfer or NOC fees against the SPA and with the developer.

Verification Notes

• Unit facts (type, size, level, parking, service charge, handover, price history, original and asking price) come from the agent brief received on 13 October 2026.
• The saving, percentage, price per sq ft, annual service charge estimate and OP-plus-DLD comparison are DPF calculations based on those supplied figures, using the standard 4% DLD fee.
• No rental income, tenant, payment plan, photographs or documents were supplied with this brief. No investment return is stated or implied.