Samana Developers’ Project Preponement to Perfectly Coincide with Massive Expo 2020 Dubai Opportunity
Projects Remain On-Track Despite Current Hardships
Samana Developers’ projects managed to remain on-track for delivery despite the lockdown restrictions, with efficient project management and self-funding.
50% structural completion of a Dh100 million Samana Hills is scheduled ahead of time, which will enable its early delivery and perfectly match with the start of Expo 2020 – on October 1, 2021.
Samana Greens achieves 93% completion mark, scheduled for delivery in September 2020.
RERA inspection team lauded projects progress and safety measures taken by Samana Developers.
DUBAI, United Arab Emirates,
Sallam Sallam
Samana Developers, the Dubai-based real estate developer, today announced significant progress of over Dh200 million Samana Hills and Samana Greens residential projects, while, RERA’s site inspection team, which visited this month, lauded the construction progress despite hardships caused by the current pandemic. Project preponement will perfectly coincide with the new start date of Expo 2020, which is re-scheduled for October 1st 2021.
Imran Farooq, Chief Executive Officer, Samana Developers, said: “I am thankful to RERA officials for endorsing our efforts, resilience and steadfast commitment to build and deliver on time. I would assure Samana’s commitment to the customer-focused approach. That is the reason our properties are popular among international and local buyers. Being firm during the challenging time has paid us well with the preponement of a Dh100 million Samana Hills project, which we plan to deliver it ahead of schedule,” Imran assured.
Free-hold Samana Hills Project – Delivery Ahead of Schedule, Perfectly Coinciding with Dubai Expo
The workflow of Samana Hills project has resumed the pace of the pre-pandemic period, further accelerating the construction speed. The G+5 residential project in Arjan Dubailand has reached over 50 per cent completion of its structure. Three slabs have been completed and concrete pouring of 4th one is starting in a day or two. The contractors at Samana Developers’ projects are fully complying with the construction and Covid-19 related Standard Operating Procedures (SOPs) issued by the UAE authorities.
“We will maintain the same pace which will eventually lead us to the preponement of the project, in 3rd quarter of 2021, to perfectly coincide with the start of Expo 2020, which will start on October 1st, 2021,”, Imran Farooq said.
The ground-breaking of the Samana Hills project took place in September 2019 for the luxurious resort-style apartment complex, which has seen very encouraging interest from buyers. Samana Hills, a free-hold property spanning a 100,000 SqFt is located opposite the Dubai Hills Estate and is closer to Dubai’s major tourist attraction –the Dubai Miracle Garden. The resort-themed project will house 205 apartments that include an assortment of studios and one-bedroom apartments. Resort-styled, affordability and sustainability features boosted buyer interest, the features that also reduce the carbon footprint and living cost.
Samana Greens Project – Scheduled for Delivery in October 2020
Samana Greens has reached 93 per cent (93%) construction milestone and is scheduled for delivery in October 2020. The project remained slightly slow, first due to the failure of the contractor to complete it on the stipulated period mentioned in the agreement. Secondly, 15 per cent (15%) slower construction activity due to Covid-19 related restrictions, but that was only from March to May 2020. Samana Developers managed to bring back the normal workflow with the changing of workers’ shifts.
Samana Greens, located in Arjan Dubailand, sits on a total built-up area of 13,000m². The property has 122 units comprising studios, one-bedroom, two-bedroom apartments and six retail spaces. It has a distinct feature of a leisure deck that is home to facilities including a swimming pool and jacuzzi, landscaped terrace as well as a gymnasium with sauna and steam room. Parking bay for the residents is located on the ground level, with one bay each for every apartment. The six retail spaces are on the ground level.
Payment Plan
Samana Developers’ studio apartments starting from AED399,000 and one-bedroom units from AED599,000, come with various payment options making projects attractive to both end-users and investors. 90 months at one per cent (1%) after the initial 10 per cent down-payment makes the project affordable.
