Distress Property

Samana Portofino | Studio Dubai Production City | 10.8% | Community and Garden View

Ref: WQ-DD-ST-SP-19-3-26

Samana Developers

Dubai Production City, United Arab Emirates

Bedrooms

Studio

Down Payment

Handover Date

aed 635,000
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Description
  • Studio Apartment — Private Pool — 4-Year Post-Handover Plan, Samana Developers, Dubai Production City (IMPZ), Dubai, UAE
  • 408 sqft (37.9 sqm) | 1 Parking | Semi-Furnished | Community and Garden View | Mid Floor
  • Asking: AED 635,000 — 10.8% below original cost AED 712,000; AED 85,000 below current market AED 720,000
  • Payment: 70% paid (AED 498,400); buyer assumes 30% (AED 213,600) at Q1 2026 — Imminent
  • Handover: Q1 2026 — Imminent | Dubai Production City (IMPZ) — Samana Portofino, private pool per unit below AED 700K, 4-year post-handover plan transferable

What is this Samana Portofino Studio deal in Dubai Production City?

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 Portofino Dubai Production City — Property Specifications

  • Project: Samana Portofino
  • Developer: Samana Developers
  • Community: Dubai Production City (IMPZ), Dubai
  • Unit Type: Studio Apartment — Private Pool — 4-Year Post-Handover Plan
  • BUA: 408 sqft (37.9 sqm)
  • Bathrooms: 1
  • Parking: 1 Covered Space
  • Floor: Mid Floor
  • View: Community and Garden View
  • Furnishing: Semi-Furnished
  • Handover: Q1 2026 — Imminent
  • Ownership: Freehold — Open to All Nationalities
  • Listing Reference: SAMANA-PORTOFINO-DPCI-STUDIO-POOL-DISTRESS-001

Payment Plan Breakdown — What the Buyer Takes Over

  • 70% Paid by Seller: AED 498,400 — across installments to Samana Developers
  • Buyer Transfer Payment to Seller (at MOU): AED 421,400
  • DLD Fee (4%): AED 25,400 — buyer pays directly to DLD
  • Developer NOC & Transfer Fee: approx. AED 5,000–6,500
  • 30% Final on Handover (Q1 2026 — Imminent): AED 213,600 — buyer pays Samana Developers
  • TOTAL ALL-IN: AED 665,900 (price+DLD+NOC). Handover balance AED 213,600 due Q1 2026 — Imminent. Zero agent fee.

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.

Pricing Analysis — Why This is a Deal in 2026

  • Original Purchase Price: AED 712,000
  • DLD Fee (4% of Asking): AED 25,400
  • Total Seller Cost (OP + DLD): AED 737,400
  • Asking Price: AED 635,000
  • Seller Loss vs OP: AED 77,000 (10.8%)
  • Dubai Production City Current Market Value: AED 720,000
  • Day-One Buyer Equity: AED 85,000 (13.4%)
  • This Listing — AED per Sqft: AED 1,556/sqft
  • Dubai Production City Resale Market — AED per Sqft: AED 1,765/sqft
  • New Off-Plan Launches in Dubai Production City: AED 1,700/sqft
  • Estimated Gross Rental Yield: 6.6%–9.1% p.a.
  • Estimated Annual Rent (Mid): AED 50,000/yr
  • Estimated Annual Service Charge: AED 8,160/yr
  • Total All-In Cost (Price + DLD): AED 660,400
  • Agent Fee for Buyer: Zero

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.

Dubai Production City Location — Why This Community Matters

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.

Dubai Production City Distances & Connectivity

  • Dubai Sports City: 3 km — Sports Hub
  • Motor City: 3 km — Community
  • Mall of the Emirates: 10 km — Shopping
  • Dubai Marina: 15 km — Marina
  • JBR Beach: 17 km — Beach
  • Dubai International Airport: 25 km — Airport
  • Downtown Dubai: 20 km — Urban District
  • Global Village: 15 km — Entertainment

Samana Portofino — Building & Amenities

  • Private Pool — Every Samana Portofino Unit Signature Feature
  • Rooftop Community Pool with City Views
  • Fully Equipped Gymnasium
  • Aqua Gym
  • 24-Hour Concierge and Security
  • Covered Parking
  • 4-Year Post-Handover Payment Plan (Transferable)
  • Kids Play Area
  • BBQ and Outdoor Terrace
  • Jogging Track
  • Landscaped Gardens
  • High-Speed Lifts

Who Should Buy This Samana Portofino Studio in Dubai Production City?

  1. The Below-Market Capital Investor: Entry at AED 1,556/sqft versus market AED 1,765/sqft and new off-plan AED 1,700/sqft gives AED 85,000 (13.4%) day-one unrealised equity. Samana Developers construction milestones de-risk the Q1 2026 — Imminent handover. Gross yield 7.9% at mid-range rent AED 50,000/yr outperforms comparable European prime residential at 2-4%.
  2. The End-User Buyer: Typical Studio rents in Dubai Production City are AED 42,000–AED 58,000/yr. At AED 660,400 all-in (DLD included, zero agent fee), ownership starts making financial sense within 12-18 months versus continued renting. Semi-Furnished specification means a modest fit-out is needed but the discount covers it. Community and Garden View and Mid Floor add durable lifestyle value beyond pure return metrics.
  3. The Portfolio Diversifier: You hold Dubai real estate and want below-replacement-cost exposure in Dubai Production City to broaden your income base. Samana Developers’s institutional brand ensures strong exit liquidity. The AED 85,000 built-in equity provides a margin of safety against any short-term softening, while Dubai Production City’s 17% transaction growth in 2025 confirms the liquidity depth for a future exit at any timeline.

How to Acquire This Samana Portofino Unit — Step by Step

  1. Express Interest (Day 0): Contact DistressPropertyFinder.com quoting SAMANA-PORTOFINO-DPCI-STUDIO-POOL-DISTRESS-001. Receive full SPA, payment receipts (AED 498,400 confirmed), floor plan and title extract within 24 hours.
  2. Documentation Review (Day 1–3): Review SPA, DLD certificate, all installment receipts. Independent UAE conveyancer review recommended.
  3. Sign MOU — Form F (Day 3–7): Execute MOU. 10% deposit AED 63,500 in DLD-registered escrow.
  4. Obtain Samana Developers NOC (Day 7–17): DistressPropertyFinder.com submits to Samana Developers. NOC: 5–10 business days. Developer fee approx. AED 5,000–6,500.
  5. Execute SPA (Day 15–20): Samana Developers, seller and buyer sign novation SPA. Buyer registered as new purchaser for 30% at Q1 2026 — Imminent.
  6. DLD Registration (Day 17–22): Buyer pays DLD fee AED 25,400 (4%) directly to DLD. Title deed: 1–3 business days.
  7. Final Payment to Seller (Day 17–22): Buyer pays seller AED 421,400. MOU deposit credited against this amount.
  8. Hold to Q1 2026 — Imminent Handover: Buyer prepares AED 213,600 for Q1 2026 — Imminent handover and monitors Samana Developers updates. DistressPropertyFinder.com manages the full process end to end.

Frequently Asked Questions — Samana Portofino Distress Sale

Why is the seller selling below the original price?

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.

What does “distress sale” mean in this context?

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.

How does the novation work in Dubai?

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.

Is Samana Portofino a good investment for 2026–2026?

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.

What is the expected rental income from a Studio in Dubai Production City?

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.

What are the total upfront costs for the buyer?

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.

How does Dubai Production City compare to Downtown Dubai as an investment?

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.

How quickly can this transaction be completed?

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.

Features

Covered Parking
Covered Parking
covered parking area
covered parking area
Jogging Track
Jogging Track
kids play area
kids play area
Swimming Pool
Swimming Pool

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