SAMANA BUSINESS PARK 2

OVERVIEW

Samana Business Park 2 is an off-plan mixed-use commercial development by Samana Developers in Majan, Dubailand, with completion targeted for Q4 2028. Configured as four basement parking levels, ground floor, two retail podium floors, and 14 dedicated office floors, the building provides office units ranging from approximately 5,164 to 13,646 square feet. Retail accommodation comprising 34 units across three levels serves the surrounding residential catchment at the base of the building. The development is positioned along Sheikh Mohammed Bin Zayed Road within Majan's 15.6-million-square-foot master-planned community. Pricing commences from AED 2,073 per square foot on a 50/50 payment structure. Eight dedicated office lifts serve floors 3 through 14.

OFFICE STOCK AND TENANT PROFILE

Samana Business Park 2 delivers office units across 14 dedicated floors, with sizes ranging from approximately 5,164 to 13,646 square feet per unit — larger floor plates oriented toward SME occupiers, professional services firms, and businesses requiring expansive open-plan or partitioned layouts. The office floors are served by eight dedicated elevators, separated from retail circulation. Building amenities include a double-height arrival lobby, conference and meeting provisions, bicycle parking, and basement parking across four levels. The building's Majan location within a 15.6-million-square-foot master-planned community provides a built-in residential occupier catchment for professional services businesses, educational providers, and healthcare operators.

RENTAL MARKET

As an off-plan development, Samana Business Park 2 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 175 per square foot per annum — a practical scenario of 10 percent (approximately AED 225 per square foot per annum) and an optimistic scenario of 12 percent (approximately AED 250 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

Samana Business Park 2 units are offered for sale off plan on a freehold basis, priced from AED 2,073 per square foot on a 50/50 structure, with a PDC option allowing 1 percent monthly instalments during construction and 50 percent at handover, or a non-PDC option with a higher initial down payment. Purchasers should verify Samana Developers' DLD project registration and escrow arrangements. Samana is an active Dubai developer with a growing delivery track record in the Dubailand corridor. The large unit sizes — 5,164 to 13,646 square feet — limit the buyer universe to owner-occupiers and investors with sufficient capital for larger strata acquisitions. Independent legal and commercial advice is recommended before commitment.

LOCATION AND ACCESS

Samana Business Park 2 is located in Majan, Dubailand, directly alongside Sheikh Mohammed Bin Zayed Road, providing efficient access to a wide range of Dubai destinations. Al Barari and Global Village are 5 to 10 minutes by road; Dubai Silicon Oasis and Academic City are 10 to 15 minutes; Business Bay, Dubai Mall, and Downtown Dubai are 15 to 20 minutes; and Dubai International Airport is approximately 15 to 20 minutes. Dubai Marina is 20 to 25 minutes. There is no metro station within immediate proximity to Majan; all commuting is road-based. The E311 corridor provides reliable connectivity to both the eastern and western employment zones of Dubai, though peak-hour traffic on Sheikh Mohammed Bin Zayed Road can affect journey times.

RISKS AND WATCHPOINTS

Samana Business Park 2 is an off-plan development subject to construction and delivery risk; the Q4 2028 completion target is contingent on contractor performance and regulatory approvals. The Majan commercial office market is at an early stage of maturation: the district is primarily residential and educational in character, and established commercial occupier demand for dedicated office space in the area is limited. Achievable rents upon delivery will depend heavily on how the submarket evolves by 2028. The large unit sizes — minimum 5,164 square feet — may limit the pool of prospective occupiers and post-handover tenants in a suburban emerging submarket. Purchasers should review DLD project registration and escrow structure carefully before committing funds.

STRATEGIC PERSPECTIVE

Samana Business Park 2 targets mid-market investors and SME owner-occupiers seeking large-format freehold commercial accommodation within a master-planned Dubailand community at an accessible entry price below central Dubai benchmarks. The building's retail podium and residential community catchment support professional services occupiers requiring local-market proximity. The 50/50 payment structure with PDC instalments spreads capital commitment across the construction period, reducing upfront exposure relative to single-tranche structures. The investment case rests on Majan's residential densification driving commercial demand for larger-floor-plate office space by the Q4 2028 handover date. Given the early-stage commercial submarket and limited metro access, investors should apply conservative yield and rental assumptions in acquisition underwriting.