UAE: Samana unveils $81.74mln mid-luxury residential project

UAE: Samana unveils $81.74mln mid-luxury residential project

UAE - Samana Developers on Tuesday (April 25) unveiled a Dh300 million ($81.74 million) mid-luxury residential project located in the newly developed Arjan neighbourhood in Dubai.

Samana Mykonos Signature is the third project out of 12 planned to be launched during 2023, the developer said.

With Dubai seeing a growth in tourist influx from Europe, the design and name inspiration of the new project has been derived from the iconic Mykonos Island, a popular tourist resort in Greece with a vibrant nightlife, it said.

Samana Mykonos Signature brings the resort concept to the residential sector in Dubai. Tourists visiting Dubai will find it an affordable option as compared to staying at expensive hotels. The 24 retail units will fulfil the needs of the residents, it said.

Dubai’s growing tourist numbers

Dubai was named the world’s top destination in Tripadvisor’s 2023 Travellers’ Choice ‘Best of the Best’ Awards, outperforming other popular destinations including London, Bali, and Paris. The latest stats are showing 14.36 million people visited Dubai in 2022, an increase of 7.06 million. Total visitor number in January 2023 alone was 1.47 million, according to Dubai Tourism data, the developer said.

“We believe today’s buyer is intelligent and has loads of options available to choose from.