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Samana Developers · Dubai Islands

Ocean Bay by Samana

Hot Handover Q4 2028Plan 60/40
Brochure
Starting price
AED 2.27M
From 1BR
Price / sqft
738
AED, derived from PropertyFinder unit data
Rental yield
7%
gross p.a., Dubai avg
Capital appreciation
+10%
to handover (2.6y)
Popularity
85/100
demand index

About this project

Ocean Bay by Samana Developers is a luxury waterfront residential project on Dubai Islands, offering direct coastal access and freehold ownership. The development comprises two residential towers—Tower A and Tower B—with a selection of 1- to 4-bedroom apartments designed for modern living and investment appeal.

Location and Connectivity

Situated in the Deira district on Dubai Islands, Ocean Bay benefits from both scenic waterfront living and practical connectivity to the city's commercial and leisure hubs. The location supports both lifestyle enjoyment and strong rental demand in a rapidly developing coastal area.

Design and Residences

Units feature contemporary layouts, large windows for natural light, and modern finishes. Apartments range from 823 square feet for 1-bedroom units to 2,239 square feet for 4-bedroom layouts, with each residence offering functional space and expansive views.

Amenities and Facilities

The project includes an indoor swimming pool, landscaped gardens, a gymnasium, CCTV security, children's play areas, and on-site restaurants. These amenities cater to families, professionals, and active residents seeking convenience and recreation within the development.

Investment Profile

Starting prices begin at approximately AED 2.1 million, with a 60/40 payment plan—60% during construction and 40% upon handover. Completion is scheduled for December 2028. The combination of waterfront access, flexible financing, and freehold status positions Ocean Bay as a viable option for both end-users and investors targeting long-term appreciation and rental income.

Indoor Swimming Pool
Landscaped Gardens
CCTV Security
Gymnasium
Restaurants
Children's Play Area
Freehold Ownership
Waterfront Access
Modern Finishes
Large Windows
Open Layouts
24/7 Security

Project facts

Ownership
Freehold
Government fee
4%
Property types
Apartment
Buildings
2
Expected completion
1 Dec 2028

Project timeline

  1. Construction Started
    7 Jul 2025 · completed
  2. Expected Completion
    1 Dec 2028

Construction progressestimate

ExcavationStructureFaçadeMEPHandover

~25% — estimated from construction phase.

Frequently asked questions

What is the payment plan for Ocean Bay by Samana?
The payment structure requires 60% during construction and 40% on handover.
Where is Ocean Bay by Samana located?
Ocean Bay is located on Dubai Islands in the Deira district of Dubai.
Who is developing Ocean Bay by Samana?
The project is developed by Samana Developers, a Dubai-based real estate company with a portfolio of residential projects across the emirate.
Is Ocean Bay by Samana a good investment?
Ocean Bay offers waterfront access, freehold ownership, and a flexible 60/40 payment plan. Starting at AED 2.1 million with completion in December 2028, the project targets both rental income potential and long-term appreciation in a developing coastal area. It includes 1- to 4-bedroom units and resort-style amenities.
When will Ocean Bay by Samana be completed?
The project is scheduled for completion in December 2028.
Is Ocean Bay by Samana freehold or leasehold?
Ocean Bay is a freehold property, offering full ownership rights to both local and international buyers.
What is the starting price for Ocean Bay by Samana?
Starting prices begin at approximately AED 2.27 million.
What unit types are available at Ocean Bay by Samana?
Ocean Bay offers 1-bedroom units starting from 823 square feet (AED 2.04 million), 2-bedroom units from 1,418 square feet (AED 3.38 million), 3-bedroom units from 1,553 square feet (AED 4.11 million), and 4-bedroom units from 2,239 square feet (AED 5.41 million). All units feature modern finishes, open layouts, and large windows.