Samana Developers unveils three new residential projects in Dubai
DUBAI, September 28, 2021
UAE-based Samana Developers have launched three new residential projects worth a total of AED405 million ($110 million) across Dubai. The Samana Park Views will come up in Arjan development; Samana Waves at Jumeirah Village Circle and Samana Golf Avenue-II in Dubai Studio City.
Announcing the project launches, Samana said this come following the successful on-time handover of Greens Project and complete sale of its Golf Avenue and completion of the superstructure of its Hills project.
The new projects will focus on Environment, Sustainability and Governance (ESG) aspects in the wake of environmental, health and affordability concerns during the pandemic, which has increased demand for healthy resort-themed properties.
The first in the series of projects, which will start sales on October 6, will be the Samana Park Views spanning over 183,323 sq ft area in Arjan. The G+6 residential project will house 176 studios, one and two-bedroom apartments with private pools.
This will be followed by two other projects - the AED165 million Samana Waves and AED110 million Samana Golf Avenue -II at Dubai Studio City.
CEO Imran Farooq said: "We have learnt a great lesson of being resilient during the challenging times. That’s what pays back to us. On the back of that, of course, the Expo 2020, economic reforms, new visa regime and successful handling of the pandemic with vaccine drive across the country are factored around the highly positive outlook for Samana properties."
"Based on very positive investor interest, we noticed that well-thought-of and unique design features of Samana Developers projects offer a healthy and beautiful lifestyle that make our real estate assets attractive to investors and end-users alike – not just another brick-and-mortar building," stated Farooq.
"Affordable prices for our luxury resort-style features play a key role in making it possible to attract attention," he added.
The ESG-inspired features of Samana Park Views include leisure decks with a main swimming pool for adults and kids, water features, a yoga zone, open cinema, a bar, green areas and indoor and outdoor gyms. It is scheduled for handover in Q2 2024.