Ref: WQ-DD-ST-SP-19-3-26
Dubai Production City, United Arab Emirates
Bedrooms
StudioDown Payment
Handover Date
This is a verified motivated-seller distress listing at Samana Portofino by Samana Developers in Dubai Production City. The seller is exiting at 10.8% below the original purchase price of AED 712,000, transferring a 408 sqft Studio at AED 635,000 (AED 1,556/sqft) against a current Dubai Production City secondary market of approximately AED 1,765/sqft — placing AED 85,000 in immediate unrealised equity in the buyer’s hands. Dubai Production City recorded 12,800 DLD transactions in 2025, up 17% year-on-year, providing the buyer liquidity depth for any future exit. Dubai’s total 2025 residential transaction volume reached 205,100 sales worth AED 539.9 billion, up 18.3% year-on-year (DLD / Knight Frank), confirming the structural strength of the market within which this distress opportunity sits.
The unit occupies Mid Floor at Samana Portofino, delivering Community and Garden View. With 70% of the original price already paid by the seller (AED 498,400), the buyer assumes only the remaining 30% (AED 213,600) at Q1 2026 — Imminent handover — giving the buyer 9-12 months of cashflow planning runway between transfer and final payment. Semi-Furnished delivery allows the buyer to customise the unit at their own discretion while benefiting from the seller discount.
The seller is exiting at 10.8% below cost due to a genuine personal liquidity requirement — not a concern about the market, the developer or the project. Having committed AED 498,400 (70%) to Samana Developers, the seller crystallises a cash loss of AED 77,000 rather than waiting through the remaining obligations. The buyer captures the full gap between this distress price and the current secondary market: AED 85,000 on AED 635,000 invested — a 13.4% immediate paper return — plus entry at AED 1,556/sqft against new off-plan launches in Dubai Production City pricing at AED 1,700/sqft or above.
Samana Developers-approved novation: seller NOC confirming no arrears; MOU with 10% escrow AED 63,500; Samana Developers, seller and buyer sign novation SPA; buyer pays DLD 4% AED 25,400; buyer assumes 30% (AED 213,600) at Q1 2026 — Imminent handover. DistressPropertyFinder.com manages all steps.
At AED 1,556/sqft, this unit sits AED 209/sqft (11.8%) below the current Dubai Production City secondary market average of AED 1,765/sqft, and AED 144/sqft below comparable new off-plan launches — meaning any buyer entering through a developer channel today pays materially more for a comparable Dubai Production City address. At the mid-range annual rent estimate of AED 50,000, gross yield is 7.9%, delivering AED 41,840/yr net of service charges before any capital appreciation is counted.
Jumeirah Village Circle (JVC) is Dubai’s most liquid residential community with 12,800+ DLD transactions in 2025. Danube’s Elitz series (1, 2, 3) are the most popular off-plan launches in JVC — twin-tower projects with 40+ amenities, fully furnished apartments and Danube’s transferable 1% payment plan. Elitz (original) delivered Q4 2025; Elitz 2 Q3 2026; Elitz 3 Q4 2026. Presidential Suites are a unique Danube configuration — larger studio with full hotel-style furnishing at premium pricing. DLD avg transaction Elitz: AED 1,123,513. JVC 1BR avg gross ROI 7.7% (Metropolitan Premium).
Al Khail Road and Sheikh Mohammed Bin Zayed Road dual-highway access. Circle Mall at geographic centre. Downtown 16 min, Marina 15 min, Airport 22 min.
Elitz Presidential Suite (865-890 sqft) — similar to a large 1BR — achieves AED 75,000-100,000/yr. Standard 1BR (889 sqft): AED 72,000-95,000/yr. Elitz 3 2BR (1,108 sqft): AED 105,000-135,000/yr. Danube 1% plan transferable on novation. JVC yield 7.7% for 1BR.
Elitz series 10% below OP+DLD = genuine cash loss for seller. JVC 12,800 transactions = deepest exit liquidity in Dubai’s affordable segment. New Elitz 3 2BR from AED 1,800/sqft (launch); this at AED 1,408-1,519/sqft is below launch and market. Q2-Q4 2026 handovers = near-term.
The seller exits at 10.8% below the original cost of AED 712,000 due to genuine personal liquidity needs unrelated to any project or market concern. Having committed AED 498,400 (70%) to Samana Developers, the seller prefers to crystallise a cash loss of AED 77,000 rather than wait. Full SPA and all payment receipts are available to verified buyers via DistressPropertyFinder.com.
Seller transfers at AED 635,000 — 10.8% below what they paid. Buyer acquires at AED 1,556/sqft vs Dubai Production City market AED 1,765/sqft with AED 85,000 day-one unrealised equity. No speculative mark-up — this is a genuine below-cost exit.
Novation: seller NOC from Samana Developers; MOU with 10% escrow AED 63,500; novation SPA; DLD registration with 4% fee AED 25,400; buyer assumes 30% (AED 213,600) at Q1 2026 — Imminent. 3-6 weeks total. DistressPropertyFinder.com manages all steps.
At AED 1,556/sqft — 11.8% below Dubai Production City market AED 1,765/sqft — with AED 85,000 day-one equity and 7.9% gross yield at mid-range AED 50,000/yr, plus Dubai Production City transactions at 12,800 (+17% in 2025) and new launches at AED 1,700/sqft, the investment case is clear. Samana Developers’s delivery track record de-risks Q1 2026 — Imminent handover.
A Studio in Dubai Production City with Community and Garden View achieves AED 42,000–AED 58,000/yr in annual Ejari leases. Semi-Furnished adds 15-20% vs unfurnished. At AED 635,000, mid-range AED 50,000/yr = 7.9% gross, net 6.6% after service charges of AED 8,160/yr.
Transfer to seller AED 421,400 + DLD AED 25,400 + NOC ~AED 5-6.5K. Immediate total AED 452,300. Handover balance AED 213,600 due Q1 2026 — Imminent. Zero agent fee. All-in (price+DLD): AED 660,400.
Dubai Production City at AED 1,556/sqft offers comparable or superior yield versus Downtown Dubai at AED 3,800-4,800/sqft with 5.0-5.5% yields. Dubai Production City transactions grew 17% in 2025 with new off-plan launches at AED 1,700/sqft confirming the appreciation trajectory. This unit’s AED 85,000 built-in equity provides a margin of safety Downtown purchasers at full market pricing do not have.
3-6 weeks from MOU. Samana Developers NOC: 5-10 business days. DLD registration: 1-3 business days. DistressPropertyFinder.com manages all documentation, escrow and DLD registration end to end. Reference: SAMANA-PORTOFINO-DPCI-STUDIO-POOL-DISTRESS-001.
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