IVY GARDENS

OVERVIEW

Ivy Gardens is an off-plan commercial office development by Samana Developers in Dubai Land Residential Complex (DLRC), Dubai, with completion targeted for Q4 2026. The development provides strata-titled freehold commercial units within DLRC — a mixed-use suburban community in Dubai's outer western growth corridor, adjacent to Arjan, Dubai Science Park, and the Miracle Garden district. Priced from AED 1,833 per square foot on a 70/30 payment plan. Samana Developers is an established UAE developer with an active residential and mixed-use portfolio across DLRC and Dubai's suburban communities. The growing residential density of DLRC and adjacent communities provides an expanding demand base for professional services, healthcare, and community-serving commercial operators.

OFFICE STOCK AND TENANT PROFILE

As an off-plan development under construction, Ivy Gardens does not have an established tenant profile at the time of writing. Specific floor plate configurations, unit sizes, total unit count, and building details should be confirmed with Samana Developers. Commercial units are expected to suit small businesses, SMEs, professional services providers, and community-facing operators for whom DLRC's growing residential base provides structural occupier demand. Samana Developers' development portfolio and delivery track record should be reviewed by prospective purchasers before committing to any acquisition.

RENTAL MARKET

As an off-plan development, Ivy Gardens has no established rental market at the time of writing. Indicative projections based on a gross yield approach suggest a conservative gross return of approximately 8 percent on acquisition price — approximately AED 150 per square foot per annum — a practical scenario of 10 percent (approximately AED 200 per square foot per annum) and an optimistic scenario of 12 percent (approximately AED 225 per square foot per annum). Commercial yields in Dubai are structurally higher than residential, supported by shorter lease cycles and strong occupier demand in a supply-constrained market. Actual returns will depend on market conditions at handover and quality of occupier secured. Independent rental appraisal is strongly recommended prior to any acquisition commitment.

SALES MARKET

Ivy Gardens is offered off plan at AED 1,833 per square foot on a 70/30 payment plan — 70 percent payable during construction and 30 percent at Q4 2026 handover — providing an accessible commercial freehold entry point in Dubai's outer growth corridor at a materially lower price point than established central business districts. Strata units will be individually titled on completion, providing freehold ownership and post-handover transactability in the secondary market. Prospective purchasers should confirm Samana Developers' DLD project registration, escrow arrangements, and track record on comparable commercial deliveries before committing. All off-plan purchases carry inherent delivery and timing risk. Independent legal review and specialist commercial property advice are recommended before proceeding.

LOCATION AND ACCESS

Ivy Gardens is situated in Dubai Land Residential Complex (DLRC), accessible via Emirates Road (E311) and Al Qudra Road. The surrounding area includes Arjan, Dubai Science Park, Miracle Garden, Motor City, and Arabian Ranches, reflecting DLRC's position in Dubai's western suburban growth corridor. DLRC is predominantly road-accessed without immediate Metro connectivity; travel to central Dubai typically requires twenty to thirty minutes by road. The community's growing residential density provides an expanding captive customer base for community-serving commercial occupiers within the building. Dubai International Airport is accessible within approximately thirty minutes.

RISKS AND WATCHPOINTS

Ivy Gardens carries construction and delivery risk with Q4 2026 completion subject to change. DLRC is a suburban community in the early stages of commercial activation, with limited established rental comparables. The absence of Metro connectivity and greater road distances from central Dubai are relevant constraints on the commercial occupier pool at handover. At AED 1,833 per square foot, purchasers should assess whether the community's development trajectory justifies the price against comparable outer Dubai commercial product. Service charge structure, car parking provision, and unit specifications should be confirmed with Samana Developers before committing.

STRATEGIC PERSPECTIVE

Ivy Gardens targets cost-sensitive investors and community-focused owner-occupiers for whom affordable freehold commercial exposure in Dubai's suburban growth corridor is the primary investment rationale. Samana Developers' established DLRC development presence provides a degree of developer credibility, and the near-term Q4 2026 completion reduces delivery horizon risk compared to longer-dated off-plan commitments elsewhere in the market. The accessible AED 1,833 per square foot entry price reduces capital at risk relative to central Dubai commercial markets and may provide stronger capital return potential if DLRC's commercial activation proceeds as anticipated. The investment case rests on DLRC's continued residential densification. Patient capital and conservative rental assumptions are essential before committing.