Samana Developers has announced the launch of two new residential projects, namely Manhattan-1 and Manhattan-2 - worth AED500 million ($136 million) - in Jumeirah Village Circle. 

 

Both the projects are G+3P+16-storey properties spanning over 274,999 sq ft area with 193 apartments  and all of them have luxury built-in private pools and a retail area on the ground floor. 

 

According to Samana, the design and features in new projects are inspired by Manhattan in US, a borough in New York, the world’s leading corporate hub. The apartment prices start from AED689,000 ($187,586) onwards.

 

The key amenities in both projects include large leisure decks connected to main pools and kids’ pools, splash pads, indoor and outdoor gyms, indoor and outdoor sitting lounges, jogging tracks, sauna and steam rooms, barbeque areas, and a host of facilities to maintain the property around the clock, it stated. 

 

Speaking at the launch, CEO Imran Farooq said: "I am glad to share two exciting news. One, we are very close to our target of 12 project launches for this year, which we set at the start of the year. Second, we are soon to enter Dubai’s commercial property market with the launch of our first retail park in one of Dubai’s family-oriented residential hotspots."

 

The two successive launches in October, he stated, are a result of an upsurge of investor interest in Samana, with both Manhattans witnessing a high demand. 

 

"Manhattan-1 has been completely sold out at the time of launch, while Manhattan-2 has completed 70% sale," he added.

 

According to him, the overwhelming response was mainly due to its attractive payment plan which includes a total of eight years with 1% every month. 

 

"The flexibility of installments makes buying easier for investors and buyers, especially for those who are looking to change from a rented apartment to owning a home in Dubai. Both projects are scheduled for handover in October 2026," he added.-TradeArabia News Service