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Ocean Pearl

Dubai Islands · Samana Holding Ltd

Project factsheet

Storeys 8
Developer Samana Holding Ltd
Status Under development
District Dubai Islands

About the building

8-storey residential building in Dubai Islands. Developer — Samana Holding Ltd. Architect — York Engineering Consultants.

Specifications for Ocean Pearl per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.

About the project

Ocean Pearl is an 8-storey residential building in Dubai Islands, currently under construction.

The developer is Samana Holding Ltd. The architecture is by York Engineering Consultants.

The database currently holds 1 lot in this project, from 3 000 000 AED; 1 of them priced below the market, the deepest discount 27%.

Eight storeys from Samana on Dubai's islands, under construction. A lot in our own stock is priced at AED 3 million.

What this is

Ocean Pearl is an 8-storey residential building by Samana Holding on Dubai Islands. Status: under construction. The number of residences is not listed in the building record.

In our own stock, a unit is listed at AED 3 million; the size isn't given, so we don't quote a price per square foot.

For Samana this is a step outside its usual mass-market belt: its other projects are in JVC, Arjan, Majan, Dubai Land and Production City.

Price per square foot by Dubai Islands project

Reference points across the islands: from AED 1,696 at Bay Villas to AED 2,971 at Ellington Sands II.

Price per square foot by Dubai Islands project — our own stock
ProjectAED / ft²LotsAvg. size
Ellington Sands II297131466 ft²
Bay Grove Residences273941282 ft²
Bay Grove Residences C250461814 ft²
Rixos Dubai Islands240452604 ft²
Bay Grove Residences B238431831 ft²
Bay Villas (standalone)186356600 ft²
Bay Villas (townhouses)178543728 ft²
Bay Villas1696174982 ft²

Our own stock as of 28 August 2026: 89 lots across the islands, median AED 5.4 million, average price per square foot AED 2,300. Includes projects with three or more lots and a verified area.

A mass-market developer on a new island

Dubai Islands in our database: 89 lots, median AED 5.4 million, average price per square foot AED 2,300.

Samana normally builds in districts where the price per square foot runs AED 1,380–2,125. On the islands the average is AED 2,300 — above its usual level.

We've seen this kind of move before, with Mina by Azizi on Palm Jumeirah: a mass-market developer in an expensive district prices above its own portfolio and below the district level.

For a buyer that's an affordable way in with a clear caveat: you get the address and proximity to the sea, not the class of building that's the district norm. Check the finishes against the contract, not the renders.

Launch and payment plan

Ocean Pearl went on sale in July 2024 from USD 436,000, about AED 1.6 million. It is a low-rise building on the second line with few neighbours; handover was then put at 2026–2027.

The plan is long: 20% on booking, then 1% a month over 80 months, four years of which fall after handover. Apartments were specified with private pools, smart-home systems and kitchen appliances, and the building with an open-air cinema, a sauna and a pool.

The propsearch building record: 8 storeys, developer Samana Holding, status "under construction." Our own stock as of 28 August 2026: the project's lot (price), the calculation across island projects, and medians and price per square foot for Dubai Islands and Samana's usual mass-market districts. Price, timeline, payment plan and specification — launch announcements, July–August 2024.

Where it is

Handover payment

A mortgage covers the final instalment

The final payment on this building falls in 2027 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.

  • Up to 80% of the appraised value, no extra down payment
  • 3.99% fixed for three years, up to 25 years in term
  • 6–12 months before the keys — the bank wants six months of income history

Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.

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Frequently asked about Ocean Pearl

Who is the developer of Ocean Pearl?

Samana Holding Ltd. The architecture is by York Engineering Consultants.

How many floors does Ocean Pearl have?

8.

When is Ocean Pearl handed over?

The project is under construction. I check the exact date for a particular unit in the contract before the deal.

Where is Ocean Pearl?

Dubai Islands. The reclaimed islands off Deira, formerly Deira Islands: beaches, hotels and new residential on the northern coast.

How much does an apartment in Ocean Pearl cost?

The database currently holds 1 lot in this project, from 3 000 000 AED; 1 of them priced below the market, the deepest discount 27%. The list changes daily — I will send a fresh selection for the building on request.

In the news

What has been written about the building, its developer and Dubai Islands

Where this project stands today

I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.

Ask a question

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