In Jumeirah, Samana launches a $54 million residential tower


Within the Samana Waves development at Jumeirah Village Circle, Samana Developers, based in the UAE, has opened the second of its twin-tower complexes.

The Waves-2 is a 23+-storey residential tower being developed over a 263,636-sq-ft area with plenty of water features, private pools, water cascades, a leisure deck, a health club, valet parking, and retail spaces.

The Waves twin towers complex comprises a total of 170 apartments – comprising studios, studios with pools, one-bedroom with pool, one-bedroom duplexes with pool, two-bedroom with pool, and two-bedroom duplexes with pool – with apartment prices starting from AED449,000 ($122,229) onwards. The project will be turned over in Q1 2026.

Following the successful sellout of the AED165 million Waves-1 residential project in March of last year, the AED200 million ($54.4 million) tower was finally completed.

“Last year, the design, features, and the option of converting apartments into holiday homes for rentals, Samana Waves-1 was sold out in just two weeks,” said its CEO Imran Farooq.

“These factors in Waves-1 indicated what modern investors look for in new properties. At the back of this demand, Samana Developers will replicate the similar features in the Samana Waves-2 project,” he added.

Unveiling its launch offer, Farooq said: “We have a five-year payment option wherein the customer pays 15% on booking followed by 1% for the next 60 months.”

“This flexible payment plan makes it a viable option for those who are looking to move from the rented apartment to owning a home in Dubai,” he added.


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