Samana Real Estate Development delivers the Dhs100m Hills project in Arjan

The Samana Hills project was the first project in Dubai to add private pools to existing housing projects in the Emirates of Dubai.

The project is a free residential unit, consisting of a ground floor + 5 floors in resort style.

Samana Real Estate Development has injected additional funding for subcontractors and started implementing the night shift for workers to resolve the issue of work capacity during the COVID-19 blockade.

Performing work on time despite the difficulties caused by COVID-19

(Dubai, United Arab Emirates: Samana Real Estate Development has successfully offered its AED 100 million ($ 27.2 million) residential project, located in the heart of Arjan and within walking distance of Dubai Miracle Garden, the world’s largest natural flower garden.

The handover ceremony was presided over and inaugurated by Mr. Mohamed Farouk, Chairman of Samana Group, Mr. Imran Farouk, Executive Director and a number of officials from Samana Real Estate Development Company, design engineers, contractors and a number of officials from banks. , banks, agents and clients.

Free units, in resort style, ground floor + 5-storey are located on a built-up area of ​​100,000 sq. Km. Consisting of two bedrooms.

Mr. Imran Farouk, CEO of Samana Real Estate Development, said, “One of the biggest motivating factors for us today is that we are fulfilling our commitment and we are happy to have fulfilled our promises to our investors and provided quality assets to the market. Dubai real estate as well as the emirate attractions Dubai is one of the best investment destinations in the world with a range of business benefits and visas available, which are important factors for our investors.

We are also pleased that during the delivery of the Samana Hills units, we have started the preparatory procedures for the delivery of our next premium project, Samana Golf Avenue, within nine months. ”

After completing the superstructure work in a record time of eight months during the COVID-19 pandemic, we started work on Samana Hills in September 2019 and construction was on time despite the difficulties caused by closure during the COVID-19 pandemic. Samana Real Estate Development remained steadfast and committed to continuing the progress of the construction work and the effective project management kept the progress of the construction work on track, which enabled Samana Real Estate Development to start handing over the keys. of its client units.

During the pandemic challenges, Samana Real Estate Development has set a new standard for business execution – getting the job done and getting it done on time is its clear commitment – “on time, every time”. It is a rare phenomenon at a time when construction projects are delayed and developers are facing huge losses.

Mr. Imran Farouk added, “One of the important achievements at the time of closing is that Samana Hills has completed its work with only 4.88%. Therefore, Samana Real Estate Development has managed to complete most of the project work during We feel proud to say that we have fulfilled our commitment at some point Nobody knew what would happen next week and we were able to deal with the new building regulations under which work capacity was reduced from 100% to 70% and even 30%. “

He added, “Health and safety concerns were one of the main challenges during the closure period, but we managed to manage and plan the project work properly with the contractors to solve this problem, and we injected additional funding for the subcontractors and the implementation of the night shift started, which solved the problem of work capacity ”.

Samana Hills water equipment and facilities include resort-style pools, children’s pools, indoor and outdoor gyms, children’s play area, jogging track, jacuzzi, shaded parking, energy-saving lighting system, branded interiors, CCTV and 24-hour private systems. security ..

Samana Projects – Details and Timelines

  1. Green Samana

project value

75 million dirhams

construction era

119,580 square feet

location

Argan

Business

residential

unit

122

Date of starting the business

April 2018

Date of completion of the business

October 2020

  1. Kodrat Samana

project value

110 million dirhams

construction era

199,000 square feet

location

Argan

Business

residential

unit

202

Date of starting the business

September 2019

Date of completion of the business

February 2021

  1. Samana Golf Avenue

project value

100 million dirhams

construction era

210,000 square feet

location

Studio city in Dubai

Business

residential

unit

233

Date of starting the business

February 2021

Date of completion of the business

December 2022

  1. View of Samana Park

project value

130 million dirhams

construction era

183,323 square feet

location

Argan

Business

residential

unit

176

Date of starting the business

April 2022

Date of completion of the business

April 2024

  1. Samana waves

project value

165 million dirhams

construction era

155,000 square feet

location

Jumeirah village district

Business

residential

unit

213

Date of starting the business

August 2022

Date of completion of the business

April 2025

Payment plan

Samana Hills studio apartment prices start at 399,000 dirhams, and 1 and 2 bedroom units have different payment options – starting at 599,000 dirhams, making projects attractive to both end users and investors and the payment process has completed. 75 months with 1% down payment Advance of 10% of the value of the housing unit, this option makes Samana projects affordable for mid-level investors and end users.

Mr. Imran Farouk concluded: “To make it easier for buyers, we offer 50% financing to buyers, as our real estate assets guarantee a competitive return of 24% at an average rate of 8% per annum over 3 years. “This funding makes the Samana projects an attractive proposition for end users and investors in both.”

# company details

– it’s over –

For more information, please contact:

Mr. Naser Iqbal

+971504243076

Leave a Comment