Samana Waves

1. Is it on schedule?90% built in May 2026, 6 months past its registered November 2025 handover; DLD has published no later inspection of it · DLD inspection, 13 May 202690%Context
2. Is my money protected?Payments go to an escrow account at بنك المشرق (شركة مساهمة عامة), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,325/sqft, 15.9% below the Jumeirah Village Circle off-plan median across 154 projects-15.9%Context
4. Is it selling?29 off-plan sales registered in the last 12 months, of 195 units; the latest on 6 Oct 202629Context
5. Who is building it?Samana Developers, licence no. 1344; 6 of its 29 dated live projects are past their registered dates21%Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

بنك المشرق (شركة مساهمة عامة)

Developer, as licensed

SAMANA SI HOLDING LIMITED DUBAI BRANCH (no. 1344)

Master developer

Jumeirah Village

Registered start

July 2022

Configuration

G+3P+23 Residential,The project designed to have a concrete structure and block with internal and external finishes.

Construction progress is DLD’s inspection of 13 May 2026. DLD’s published project register still lags it, so the later inspection is used and dated on its own. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will Samana Waves be completed?

The developer registered handover for November 2025; that date has passed with no completion recorded, 6 months on, and the project was 90% built as of May 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department inspection of 13 May 2026.

What does Samana Waves cost per square foot?

AED 1,325 per sqft, the median of 29 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 800,000. That is 15.9% below the Jumeirah Village Circle off-plan median across 154 projects.

Is Samana Waves in escrow?

Yes: the Land Department register names بنك المشرق (شركة مساهمة عامة) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Samana Waves?

SAMANA SI HOLDING LIMITED DUBAI BRANCH, licence no. 1344, by the register’s own licence number; the master developer that owns the land is Jumeirah Village. Dubai Land Department project register as of July 2026.

How many units does Samana Waves have?

195 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.