Samana launches 178-unit Dubai residential project

Samana launches 178-unit Dubai residential project

UAE - Samana Developers, one of the fastest growing real estate companies in Dubai, has launched its Dh215 million ($58.53 million) California residential project in Al Furjan neighbourhood, which is headed by master developer Nakheel Properties.

The G+P+10+Roof California is the 6th project launched by Samana Developers in H1 2023. The developer has a target to launch 12 projects by the end of 2023. The new project is inspired by the vibrant lifestyle of the state of California, a lifestyle which reflects in the design, features and amenities of the project. It quickly attracted buyers and the project has been sold out by 90% in a few days.

CEO Imran Farooq said: “Samana’s new concepts and the designs inspired by the resorts and islands are picked up well by property buyers, especially from Europe and the UK who account for 50% of the investors of Samana Developers.

“In addition, other key contributors that are helping boost Dubai real estate transactions are the 10-year UAE residency, fast recovery from the Covid-19 pandemic, the success of Expo 2020 and the UAE winning the hosting rights for the COP28, the United Nations Climate Change Conference.”

Samana California Project

The California project spans over 2,54,000 sq ft, offering 178