California 2
Off-Plan

California 2

From AED 830,000·Handover Oct 2026·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 830,000
Starting Price
Oct 2026
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
Studio · Apartments
Type

Project Overview

California 2 is the second phase of a luxury project by Samana Developers in the Discovery Gardens neighbourhood, featuring unique contemporary architecture reminiscent of a cruise ship. The development consists of 10 residential floors, the interiors of which also have a futuristic modern design. There are duplexes for sale, as well as studios and apartments with 1 - 2 bedrooms. The main feature of which is private pools on the balconies. Residents are provided with a variety of world-class amenities. In addition to the private pools in the apartments, there is a communal adult pool with sun loungers and a small children's pool. Residents can take advantage of special film viewing areas, a gym and rooftop tennis court, sauna, Jacuzzi, and yoga classes. There is a playground for children. Discovery Gardens is a prestigious neighbourhood with a prime location just off Sheikh Zayed Road and Emirates Road, providing quick access to Dubai's main attractions. Dubai Marina, Beach JBR, Jumeirah Lake Towers, Emirates Golf Club are just 15 minutes away, while Global Village, IMG World, Downtown, Burj Khalifa and Dubai Mall can be reached in 20 minutes. Samana California is an ideal location, creating a comfortable and cosy atmosphere amidst the hustle and bustle of the city. For investors, the complex offers an excellent opportunity to earn a good stable rental income.

Project Specifications
DeveloperSamana Developers
LocationDiscovery Gardens
Unit TypesStudio, Apartments
AreaDiscovery Gardens
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 35,815 / year
Cash-on-Cash
2.2%
Levered cashflow AED 8,425
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 53,950 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
California 2 launch basis922AED 830,000Current launch / asking basis
Discovery Gardens ready-stock comps1,500AED 1.35MIndicative resale benchmark
Discovery Gardens premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Samana Developers.

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Flexible Payment

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Floor Plans

California 2 — 1 Bedroom Floor Plan

Amenities & Lifestyle

Concierge Service
Covered Parking
Kids Play Area
Leisure areas
Security and CCTV
Shared Pool
Shared gym & fitness

Location

Discovery Gardens

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Discovery GardensDiscovery GardensDubai, UAE

Developer Track Record

01

California 2 by Samana Developers

02

Located in Discovery Gardens

03

Starting from AED 830,000

04

Unit mix includes Studio, Apartments

05

Expected handover: Oct 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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