Page 1045 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )

Resort-style Living and Private Pools Remained Investor Magnets

Samana Developers’ success is intricately tied to competitive offerings that set it apart from the
competition. The introduction of resort-style living with private pools in residential buildings has been
a pivotal innovation, resonating with the market and contributing to the company’s swift ascent in the
real estate ranks. This innovative concept showcased the company’s dedication to outside-the-box
design concepts and luxurious living experiences, making it the “most trending developer” in terms of
innovation and delivery.

Imran Farooq, CEO of Samana Developers, highlights the key factors behind the achievement,
stating, “Securing a position among the top 10 developers in the UAE is a testament to 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.”

Looking ahead, Samana Developers is poised to capitalize 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 is a reflection of the
company’s practical approach to compete. The commitment to timely project delivery, epitomized 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 not only enhanced the
luxurious living experience for Samana residents but has also 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

In addition to all that, a typical Samana payment plan spans a total of eight years, with 1% every
month. The flexibility of installments makes buying easier for investors and buyers, especially for
those who are looking to move from a rented apartment to owning a home in Dubai.

As Samana Developers continues to shape Dubai’s dynamic real estate landscape, the company
remains dedicated to contributing positively to the city’s growth and redefining modern living
standards.

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