Property

Samana launches $58.53mn residential project in Al Furjan

New 178-apartment complex is designed to reflect ‘west coast’ lifestyle, while offering highly flexible payment plans

Samana Developers has launched its US $58.53m ‘California’ residential project in Al Furjan, a project headed by master developer Nakheel Properties.

The developer said it has a target to launch 12 projects by the end of 2023, and the G+P+10+Roof California is the sixth project launched by the developer in H1 2023. The new residences are inspired by the vibrant lifestyle of the state of California, a lifestyle reflected in every aspect of the design, features and amenities. The project has already seen strong commercial appeal, being 90% sold out within a few days of the launch.

The project spans 254,000sqft, offering 178 apartments. The units include 60 studio apartments with private pools, 76 one-bedroom apartments with private pools, 32 two-bedroom apartments, and 10 two-bedroom duplex apartments.  The project is scheduled for handover in December 2025.

“Samana’s new concepts and the designs inspired by the resorts and islands are picked up well by property buyers, especially from Europe and the UK who account for 50% of the investors of Samana Developers. In addition, other key contributors that are helping boost Dubai real estate transactions are the 10-year UAE residency, fast recovery from the Covid-19 pandemic, the success of Expo 2020 and the UAE winning the hosting rights for the COP28, the United Nations Climate Change Conference,” explained Samana Developers’ CEO, Imran Farooq.

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