Page 1044 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )

(DUBAI): Amidst the vibrant tapestry of Dubai’s real estate landscape, Samana Developers today
announced its groundbreaking achievement of securing the distinction of being among the top 10
highest off-plan selling developers in Dubai for the year 2023 as per Property Monitor, UAE’s leading
real estate intelligence provider.

Samana Placed with Meraas, Emaar

Samana Developers placed with Dubai’s most established and large master developers such as
Meraas by Dubai Holding Real Estate, Emaar Properties, and Sobha Realty is an achievement itself
and reflects Samana’s commitment to on-time delivery and end-user focus.

Samana’s 2.8% Market Share – Property Monitor Intelligence

The latest stats by Property Monitor reflect Samana Developers buoyed by a remarkable 2.8% off-
plan market share and 600% surge in sales, outpacing competitors, making this year transformative
for the company as it captured a 2.8% market share of Dubai’s off-plan segment. This significant
growth underscores the company’s strategic acumen and unwavering commitment to providing
affordable luxury, competitive return on investment (ROI), and convenient payment plans.

12 Project Launches in 2023

Compared to formidable competitors, Samana Developers not only held its ground but surpassed
expectations, capitalising on changing market dynamics to secure unprecedented growth and
launching 12 new projects in 2023. The company’s adaptability to changing trends and alignment of
offerings with customer preferences played a pivotal role in the outshining of competitors.

Samana Developers’ noteworthy achievement in 2023 is marked by a substantial Dh3.3 billion sales
volume in the Dubai real estate market. The company’s commitment to outstanding service and its
“on time, every time” philosophy have been instrumental in achieving this milestone. As showcased
in its track record, Samana Developers delivered three projects on time, solidifying its reputation for
reliability and excellence.

https://propertytime.ae/innovations-soar-samana-developers-to-top-10-highest-off-plan-sellers-in-
2023/