Studio Apartment in Samana Ivy Gardens 2, Wadi Al Safa 5, 5.5% Below Original Price

Property Overview

This studio apartment in Samana Ivy Gardens 2, Wadi Al Safa 5, is offered at AED 690,000, which is AED 40,000 below the original purchase price of AED 730,000, a reduction of 5.5%. The built-up area was not stated in the agent brief. Ivy Gardens 2 is an off-plan development by Samana Developers with handover expected per the agent in Q3 2028.

Property Highlights

• Studio apartment
• Private pool on balcony
• Smart home technology
• Asking price: AED 690,000
• Original purchase price: AED 730,000
• Saving: AED 40,000 (5.5% below OP)
• Off-plan with handover Q3 2028 (agent-stated)
• Payment plan: 77/23 with post-handover payments

Built-Up Area Note

The agent brief does not state the built-up area. Published Samana floor plans show studio units in Ivy Gardens 2 starting from 420 sqft (39 sqm). The price per square foot cannot be calculated without the confirmed size. Buyers should verify the exact unit area from the seller's SPA or title deed.

Why This Price Qualifies as Below OP

The seller's original purchase price is stated as AED 730,000. The current asking price of AED 690,000 represents a reduction of AED 40,000, equivalent to 5.5% below the original price.

For context, the published launch starting price for studios in Ivy Gardens 2 is AED 659,000. The seller's OP of AED 730,000 is above the starting price, consistent with a unit purchased at a premium position or later in the sales cycle. Buyers should verify the original SPA directly before proceeding.

About Samana Ivy Gardens 2

Ivy Gardens 2 is a residential tower by Samana Developers in the Dubailand Residence Complex (DLRC), Wadi Al Safa 5, Dubailand. The development offers studios and 1, 2 and 3-bedroom apartments, each with private pools on the balconies. Units are equipped with smart home technology and high-end German kitchen appliances. The project features a bowling alley, mini golf, co-working spaces, children's play areas, a gymnasium, landscaped gardens and a rooftop infinity pool.

Samana Developers is a Dubai-based developer known for affordable luxury developments with private pool features, including Ivy Gardens, Park Views, California and Manhattan series.

Location and Connectivity

Ivy Gardens 2 sits in the Dubailand Residence Complex at Wadi Al Safa 5, between Emirates Road (E611) and Al Ain Road (E66). The area provides access to Dubai Outlet Mall, Global Village, IMG Worlds of Adventure, Al Habtoor Polo Resort and Dubai Miracle Garden. Buyers should verify specific travel times independently.

Verification Notes

The asking price, original purchase price and handover date (Q3 2028) are sourced from the agent brief received in September 2026. The built-up area was not stated. Published Samana timelines indicate Q4 2027 handover (November 2027), which differs from the agent's stated Q3 2028. The savings calculation of AED 40,000 (5.5%) is derived from the difference between the stated original price and the asking price. Project details are drawn from Samana Developers and secondary market sources. Buyers should independently confirm all figures, including the original SPA, exact unit size, payment history, remaining instalments and handover date, with the developer before committing.