Posts

Samana Developers, a Dubai-based boutique real estate developer, today broke ground on its maiden real estate project – Samana Greens, with an attractive offer of seven per cent discount for buyers who would want to make payments through cryptocurrency. The project to use green building features and to be developed at Dubai’s new upmarket community Arjan which also hosts the Miracle Gardens.

The Dh75 million Samana Greens residential project – a freehold property – will deliver 131 residential units comprising of studio to two-bedroom apartments. The construction work is scheduled to start this month and will be completed in April 2020 – six months before the remarkable Expo 2020 begins.

Located right opposite to the Miracle Gardens tourist attraction, Samana Greens will be easily accessible through two major expressways – Al Khail Road and Mohammed Bin Zayed Road – and gives its residents easy access to the major attractions to the city of Dubai. Arjan master community is a new and growing neighbourhood and is surrounded by Arabian Ranches, Sports City, Jumeirah Village Circle, Dubai Hills, along with close proximity to a five-star hospital and three schools.

Samana Group – the holding company of Samana Developers – is currently deploying the option of cryptocurrency payments across the group. Property buyers will be able to make transactions by using developer’s digital currency channel, which will save time and effort.

Samana Greens will be developed as per the green building best practices utilizing the green technology. The residential units will be loaded with smart home technology to enable them energy-efficient making residents’ stay more comfortable and luxurious.

Samana Developers is part of a diversified Dubai-based conglomerate with interests in multiple businesses and services. The group has deployed the best resources for the design and development of its maiden project.

The G+4 project comes with ample parking space, landscaping and other associated facilities with a built-up area of 140,000 square-feet. The residential project brings several retail outlets, luxurious sauna and gymnasium, a themed retail area, basement parking, secured play area for kids and plenty of green spaces for its residents.

The project – a green and sustainable development – will compliment Dubai’s real estate with additional supplies to help re-balance the demand-supply mismatch.

Mr. Imran Farooq, the CEO of Samana Group of Companies, said, “As a developer with a futuristic vision, Samana Greens will be based on green building concepts. It is befitting to help the customers to give the freedom to choose their preferred mode of payments – be it cash, cheque, credit card, home finance, bank transfer of cryptocurrency – which is gaining popularity every day.

“Dubai’s mature and well-regulated real estate market and its inclination to high-quality living has given us confidence to start our journey in real estate market. As a new developer, we see enormous possibilities for our projects to be well-received. Dubai developers are in a tight competition targeting Expo 2020 and our aim will be to help new supplies in this upward trend field and grow further along with sustainable Dubai market,” he added.

“The project being located in a prime location as Arjan, which is closer to Al Maktoum International Airport – the world’s largest green-field airport project with a capacity to handle 160 million passengers annually and Dubai South – the venue of Expo 2020 site – adds value to the Dubai’s real estate market and our consumer’s expectations.

“With Samana Greens, we want to offer the best to our clients. The project will be fully financed by us that gives us the comfort of delivering it on time and with the best quality.”

Following the start of the construction, Samana Developers will announce the commercial launch of the project with a pricing and payment plan to attract home buyers.