Page 1034 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )

Imran Farooq, CEO of Samana Developers, highlights the critical factors
behind the achievement: “Securing a position among the top 10 developers in

the UAE is a testament to the team’s dedication and commitment to providing

tailor-made investment advice and exceptional service. Our ‘on time, every

time’ philosophy, along with our unique offerings, has propelled us to the

forefront of the real estate market, and we are excited to build on this success

in the coming months.”
Samana Developers is poised to capitalise on the momentum gained in 2023.

Projections indicate a substantial 40%-50% growth in the overall market size

in 2024, with the off-plan sector maintaining dominance.

Dh8.8 Billion Target for 2024

Buoyed by the success of 2023, the company has set an ambitious sales

target of Dh8.8 billion for 2024, a testament to its credentials and confidence
in continued growth and market leadership.

Samana Developers’ success is not merely a result of market trends; it

reflects the company’s practical competitive approach. The commitment to

timely project delivery, epitomised by the “on time, every time” philosophy, has

positioned Samana Developers as a reliable and trustworthy player in the real
estate sector.

Pioneering the concept of built-in private pools in residential buildings has

enhanced the luxurious living experience for Samana residents and garnered

industry recognition and accolades.

“After a record-breaking year in 2023, we are eager to embrace the
opportunities that 2024 holds. Our focus on timely delivery and innovation has

been the cornerstone of our success. The launch of luxurious projects in

Dubai reflects our dedication to excellence and our commitment to meeting

the evolving needs of our discerning clientele.” Says Imran Farooq.

1% Payment Plan

https://www.cbnme.com/news/innovations-skyrocket-samana-developers-to-top-10-highest-off-plan-
sellers-in-2023/