Studio at Samana Portofino, Dubai Production City, 16.7% Below OP

Property Overview

This studio apartment in Samana Portofino, Dubai Production City, is offered at AED 625,000 as a distress resale. Against an agent-stated original purchase price of AED 750,000, the asking price is AED 125,000 or 16.7% below OP. The agent states handover in March 2027. The unit's size was not supplied.

Property Highlights

• Asking price: AED 625,000
• Original purchase price: AED 750,000
• Below OP by: AED 125,000 (16.7%)
• Type: studio
• Handover: March 2027 (agent-stated)
• Developer: Samana Developers

Why the Price Qualifies as Below OP

The agent supplied an original purchase price of AED 750,000 and a selling price of AED 625,000. The difference is AED 125,000, which is 16.7% of the OP.

Published information for Samana Portofino shows a payment plan with a large share payable after handover. The amount already paid and the remaining balance for this unit were not supplied, so confirm how much a buyer would pay the seller now and how much remains due to Samana, using the SPA and the developer's statement of account.

About Samana Portofino

Samana Portofino is a Samana Developers residential project in Dubai Production City. Published project information lists studios, 1- and 2-bedroom apartments, with private pools as a feature of the project's units, and amenities including a swimming pool, gym, landscaped gardens, children's play area, sports facilities, barbecue area, retail and restaurants.

Layout and Floor

The agent describes a studio apartment. Size, floor, view, private pool, parking and furnishing were not supplied. Request the floor plan and SPA to confirm the size and features.

Payment Plan and Handover

The agent states handover in March 2027. Published project information gave an earlier target date, so confirm the current handover date and any post-handover instalments in the SPA.

Location and Connectivity

Dubai Production City sits in the Dubailand area near Sheikh Mohammed Bin Zayed Road and Al Qudra Road. Exact travel times were not supplied.

Verification Notes

• Agent-supplied: price, OP, studio type and March 2027 handover.
• Calculated by DPF: discount amount and percentage.
• External research: developer, location, unit mix, amenities and published payment structure.
• Not supplied: size, floor, view, private pool, parking, furnishing, payment plan and amount paid.