Samana Developers surpasses expectations in 2023, sets ambitious target of AED8bln in 2024

Samana Developers surpasses expectations in 2023, sets ambitious target of AED8bln in 2024

- Samana will award 18 new construction contracts in 2024

- Samana will expand its workforce to 80% to achieve 455 new full-time employees in 2024

- Company plans to establish offices in China and Europe

- Samana Developers is gearing up to launch a super-luxurious project outside the UAE in 2024

Dubai, United Arab Emirates: Amid Dubai's unprecedented growth in real estate transactions, Samana Developers proudly reflects on a year of extraordinary accomplishments in 2023. The developer has surpassed the target of Dh3.3 billion in sales in 2023.

Dubai's status as a global destination for living, working, and business continues to propel its real estate market to new heights. The economic factors driving the city's mega growth were evident in the strength of 2022, particularly in villas and A-graded residential apartments. However, 2023 has proven to be nothing short of magical, with increased demand across all property types, including residential apartments, villas, offices, warehouses, and commercial properties.

The luxury segment is embracing a new trend with the launch of an ultra-luxury project in Palm Jebel Ali.

The success of Dubai in attracting businesses and the resounding achievements of the Dubai Golden Visa programme have been instrumental in fuelling this exceptional growth.

2024 – Looking Ahead

Looking ahead, Samana