Samana, a private developer located in Dubai, opened the Dh1 billion Samana Lake Views Project on Thursday. This year, the business plans to invest Dh12.5 billion in UAE real estate.
Located in Dubai Production City, the twin towers offer 1,006 apartments with studios, one, and two bedrooms spread across a 794,000 square foot area. The project is expected to be finished in October 2027.
“The new project by Samana marks the start of an extension into a new dimension of designs that are intended to be constructed in close proximity to the waterfront developments. Our projects are being developed close to the waterfronts in response to investor demand, which favors resort-style communities and costs that are affordable for purchasers and end users, Imran said.
Smart home technologies and private pools in each apartment are two of the project’s standout features. Along with the standard amenities, there are also kids’ pools, leisure pool decks, barbecue areas, lazy rivers, basketball courts, table tennis areas, cabana areas, shower areas, aquatic indoor and outdoor gyms, seating areas, relaxation zones, bonfires, kids’ splash pads, an outdoor movie theater, a trampoline park, and a virtual reality (VR) golfing facility.
The potential for both capital growth and rental revenue on our properties has increased. That attracts to investors from the US, Europe, the GCC, and Asia in addition to UAE expatriates.
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