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Samana Developers launches three ESG-inspired projects worth a total of $110 million

Samana Developers, the Dubai-based real estate developer, has said that it has launched three new projects – the $35.3 million Samana Park Views in Arjan, the $44.9 million Samana Waves in Jumeirah Village Circle, and the $29.9 million Samana Golf Avenue – II in Dubai Studio City.

The announcement comes in the wake of the developer successfully handing over its Greens Project on time, while seeing a 100% selling out of Golf Avenue and the superstructure of its Hills project 100% completed.

In a statement, the developer said that the new projects will focus on Environment, Sustainability and Governance (ESG) aspects in the wake of environmental, health and affordability concerns during the pandemic, which has increased demand of healthy resort-themed properties.

Imran Farooq, Chief Executive Officer of Samana Developers, said: “We have learnt a great lesson of being resilient during the challenging times. That’s what pays back to us. At the back to of that, of course, the Expo 2020, economic reforms, new visa regime and successful handling of the pandemic with vaccine drive across the country are factored around the highly positive outlook for Samana properties.”

The first in the series of projects, which will start sales on October 6th 2021, will be Samana Park Views located in Arjan. The project is adjacent to a community park, walking distance to Butterfly and Miracle Gardens, major tourist attractions in Dubai.

Spanning over 183,323 sq ft, the G+6 Samana Park Views residential project will house 176 studio, one, two-bedroom apartments with private pools. Samana is expecting this project will be sold out in a day or two as the developer is receiving high volume of interests.

“Based on a very positive investor interest, we noticed that well-thought-of and unique design features of Samana Developers projects offer a healthy and beautiful lifestyle that make our real estate assets attractive to investors and end-users alike – not just another brick-and-mortar building. Affordable prices for our luxury resort style features plays a key role in making it possible to attract attention,” Farooq concluded.

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