Foreign Investors Drive Dubai's Growth: 86% of Samana Developers' Sales Attributed to International Buyers, Bolstering City's FDI Influx
Samana Developers, an award-winning real estate developer based in Dubai, today announced that an impressive 86% of its property sales are attributed to foreign buyers, underscoring a robust international vote of confidence in Dubai's real estate market and its significant contribution to the Emirate's Foreign Direct Investment (FDI) inflows.
This remarkable trend at Samana Developers mirrors the broader economic narrative of the UAE. According to the latest report by the United Nations Conference on Trade and Development (UNCTAD), foreign direct investment (FDI) flows into the country surged to Dh167 billion ($45 billion) last year, marking a substantial 48 percent increase compared to the previous year. Within this vibrant landscape, data from the Dubai FDI Monitor highlights that real estate alone contributed a significant 14% of the total estimated FDI capital flows into Dubai in 2024, solidifying its role as a key driver for the city's economic expansion.
The dominant nationalities among Samana Developers' foreign buyers include investors from India, UK, Egypt, and Syria, reflecting Dubai's widespread appeal as a stable and lucrative investment destination.
The surge in international investment comes amidst a flourishing real estate market in Dubai. The residential sector, in particular, witnessed strong performance in the first quarter of 2025, recording approximately 42,000 sales transactions valued at AED 114.4 billion. This represents a substantial year-on-year increase of 23.1% in volume and 29.6% in value. Property Finder's data further corroborates this vigor, reporting 45,474 transactions totalling AED 142.7 billion in Q1 2025, marking a 22% increase in volume and a 30% surge in value compared to Q1 2024. Monthly figures underscore this momentum, with May 2025 witnessing a historic AED 66.8 billion in sales across 18,700 deals, a 44% year-on-year value surge. The commercial office market has mirrored this strength, with sales transactions increasing by 23.7% year-on-year and values soaring by 83.1% in Q1 2025.
Imran Farooq, CEO of Samana Developers , stated, 'The fact that 86% of our sales come from foreign buyers is a powerful testament to the global trust and confidence in Dubai's economy and its real estate sector. This directly translates into significant Foreign Direct Investment, reinforcing Dubai's position as a leading global hub for business and lifestyle. The latest market data, with residential transactions soaring by nearly 30% and commercial values by over 83% in Q1 2025, validates the robust and attractive environment we offer to international investors seeking high returns and unparalleled stability.'
With a portfolio exceeding AED 17 billion and a 4.4% market share, Samana Developers demonstrates a clear dedication to growth and innovation. The successful launch of an impressive 12 new projects in 2024, including their latest global launch of Samana Ocean Views Interiors by Elie Saab, showcases their commitment to expanding their offerings. Their strategically located properties appeal to both end-users and investors, offering compelling opportunities for capital appreciation and healthy rental yields. Samana Developers has consistently been recognized for its dedication to quality and innovation in the real estate sector. The recent launch of the Happiness Centre further solidifies the company's devotion to not only constructing exceptional homes but also cultivating a community of satisfied and loyal homeowners, setting a new benchmark for customer service in the region's real estate industry.
About SAMANA Developers:
SAMANA Developers, an award-winning real estate developer based in Dubai with growing international portfolio.
With a focus on creating sustainable and elegant living spaces, SAMANA Developers has seamlessly delivered a wide range of residential and commercial projects climbing to the top seven highest off-plan sellers in 2024.
Known for their innovative designs, premium amenities, and prime locations, SAMANA Developers' projects have set new standards in the UAE real estate market. The company's dedication to excellence has earned them a reputation for delivering exceptional value and investment opportunities with more than 1,300 units handed over and 10,000 units under construction.
SAMANA has scooped multiple esteemed awards for pioneering concepts, innovative designs, and sustainability.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mid East Info
19 minutes ago
- Mid East Info
Parkin's IPO Recognised as Best Privatisation in EMEA
Parkin Company PJSC 'Parkin' or 'the Company', the largest provider of paid public parking facilities and services in Dubai, has been awarded Best Privatisation in EMEA, at the 2025 EMEA Finance Achievement Awards in London. The annual awards ceremony recognises standout transactions and institutions shaping capital markets across Europe, the Middle East and Africa. The award celebrates Parkin's successful evolution from a government department into a high-performing and profitable listed infrastructure business. The carve-out process and subsequent public-to-private transition in March 2024 resulted in record oversubscription levels achieved on the Dubai Financial Market, with interest from high-quality local, regional and international investors generating AED 259 billion in total demand (US$71 billion), implying an oversubscription level of 165x. The recognition by EMEA Finance magazine reinforces Parkin's position as the benchmark for successful privatisation in the region, reflecting Dubai's leadership in developing investable and future-ready infrastructure platforms. The Best Privatisation in EMEA award follows last month's Best MENA IPO accolade from Euromoney, further enhancing Parkin's growing reputation for excellence in the transportation industry. Eng. Mohamed Abdulla Al Ali, CEO of Parkin, commented: 'Winning Best Privatisation in EMEA is a proud moment for both Parkin and Dubai. From the outset, our goal was to deliver a privatisation that set a new regional benchmark in transaction structure, investor interest and long-term value creation. The response to our IPO was extraordinary and what we have achieved since listing reflects the strength of our capex-light, cash-generative business model, our post-privatisation strategy and the ambitions of our team. This award is a testament not only to our success but also to Dubai's leadership in shaping innovative, world-class mobility infrastructure, demonstrating its ability to attract global investors through visionary privatisation initiatives.' About Parkin Company PJSC: With a unique blend of operational excellence, technological know-how and enforcement capability spanning almost three decades, Parkin Company PJSC is the largest provider of paid public parking facilities and services in the Emirate of Dubai, with a portfolio of approximately 206k paid parking spaces, as at year end 2024. Parkin has a dominant position in relation to Dubai's on and off-street paid public parking market and a leading share of the overall paid parking market. Under a 49-year Concession Agreement with Dubai's Roads and Transport Authority (RTA), Parkin has the exclusive right to operate a portfolio of public on and off-street parking (c.184k spaces) as well as public multi-storey car parking facilities (c.3k spaces). Parkin also operates certain developer-owned parking facilities through partnership agreements across the Emirate (c.19k spaces) and provides barrierless, ticketless on behalf of Majid Al Futtaim across two malls. Additional revenue streams include enforcement, the issuance of seasonal permits, parking reservations and other commercial activities. By deploying state of the art digital payment solutions and intelligent parking management systems that utilise artificial intelligence and big data analysis, Parkin's customers successfully conducted 132m parking transactions in 2024. Dubai's parking operations were established in 1995 under the Dubai Municipality, before becoming part of the RTA in 2005. In December 2023, Parkin Company PJSC was established through the issuance of Law No. 30 of 2023, successfully completing its initial public offering (IPO) on the Dubai Financial Market in March 2024.
Mid East Info
6 hours ago
- Mid East Info
ruya announces strategic partnership with Ignyte to empower the UAE's Start-up ecosystem - Middle East Business News and Information
Ajman, UAE – 24 June, 2025 : At the Dubai AI Festival this April, ruya and Ignyte have formalized their strategic partnership, bringing together ruya's digital-first Islamic banking expertise and Ignyte's government-backed, all-in-one start-up ecosystem to accelerate innovation across the UAE. The UAE's start-up scene remains the region's most active, recording 188 funding rounds in 2024—the highest in MENA and Dubai is now recognised as one of the top five cities worldwide for FinTech. Launched in early 2024 and licensed by the Central Bank of the UAE, ruya has quickly redefined banking with a fully Shari'ah-compliant digital platform and community centres that blend cutting-edge technology with a commitment to fairness, transparency and social responsibility. By eliminating hidden fees, minimum-balance requirements and lengthy onboarding, ruya ensures that entrepreneurs—from fintech start-ups and SME founders to freelancers and family businesses—can access the financial tools they need without friction. Ignyte, launched under Dubai's Digital Economy Strategy by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum in October 2024, has grown into the Emirates' premier ecosystem for founders, connecting more than 2,500 start-ups with mentors, investors and over 250 exclusive perks designed to drive growth and global expansion. This partnership will see ruya championing that ecosystem through co-hosted events, mentorship programmes and a branded presence across Ignyte's channels, embedding ethical Islamic finance at the heart of Dubai's entrepreneurial journey. 'For founders navigating a fast-evolving market, the fusion of digital agility and principled banking is game-changing,' said Christoph Koster, CEO of ruya. 'Our alliance with Ignyte means that ethical financing and community support go hand-in-hand, empowering the UAE's next generation of innovators to scale with confidence'. 'By partnering with ruya, we are ensuring that our founders achieve success with integrity and community support. This collaboration equips entrepreneurs with the resources to innovate while promoting a culture of sustainable growth. Together, we aim to establish a strong foundation for the UAE's rapidly growing start-up scene, driving both local and global success.' said Mohammad Alblooshi Chief Executive Officer of DIFC Innovation Hub. Looking ahead, this strategic collaboration will not only enhance access to capital and expertise but also reinforce the UAE's vision to double its digital economy to AED 280 billion by 2031. By weaving together, the strengths of ruya's community-focused Islamic banking model and Ignyte's dynamic startup platform, the partnership exemplifies how public-private synergy can fuel sustainable growth and position the Emirates as a global leader in fintech and entrepreneurship. For more information on how to start investing in virtual assets through ruya , please visit . About ruya (رويا): Headquartered in Ajman and launched in 2024, ruya (Ruya Islamic Community Bank LLC) is a fusion of innovative technology and the enduring principles of Islamic banking, designed for individuals and businesses alike. Licensed by the Central Bank of the UAE as a Specialised Bank, ruya delivers a seamless digital banking experience built on robust security and intuitive design. Guided by the pillars of fairness, transparency, and social responsibility, ruya is deeply rooted in the community supporting families, entrepreneurs and small businesses while fostering financial literacy and inclusion through open-door branches that serve as hubs of education and support. For media inquiries: pr@ Website: Twitter/X: myruyabank Instagram: myruyabank LinkedIn: ruya Facebook: myruyabank TikTok: @myruyabank YouTube: @myruyabank Snapchat: myruyabank About Ignyte: Ignyte is part of the Dubai Digital Economy Strategy under the vision of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum. It is a leading global start-up ecosystem that empowers founders. As a digital hub for innovation, investment, and entrepreneurship, it provides access to world-class mentors, investors, and over 250 exclusive perks and resources from leading corporates and industry partners. Ignyte aims to transform the start-up landscape and position the region as a global centre for innovation and business acceleration. It bridges the gap between entrepreneurs and opportunities by fostering collaborations, offering tailored programmes, and facilitating access to capital. Ignyte's mission is to empower 100,000 start-ups, connect over 5,000 investors, and unite 5,000 industry-leading mentors. Key initiatives include streamlining business setup, supporting future founders, and accelerating corporate innovation. For more details, visit For media inquiries: jean@ Website: Twitter/X: Ignyte_AE Instagram: @ LinkedIn: Facebook: @ YouTube: @Ignyte-ae
Mid East Info
11 hours ago
- Mid East Info
ADPIC and arbitrateAD to Advance Dispute Resolution Practices in Abu Dhabi - Middle East Business News and Information
The agreement enhances dispute resolution frameworks across Abu Dhabi's capital projects Implementation of Dispute Avoidance and Adjudication Boards (DAABs) across standard contracts aligns with global best practice Reinforces Abu Dhabi's commitment to an investor-friendly, transparent infrastructure ecosystem ADPIC currently oversees a project portfolio exceeding AED 200 billion Abu Dhabi, UAE – June, 2025 – The Abu Dhabi Projects and Infrastructure Centre ADPIC and the Abu Dhabi International Arbitration Centre (arbitrateAD) have signed a Memorandum of Understanding (MoU) to embed world-class dispute avoidance and resolution mechanisms across Abu Dhabi's infrastructure ecosystem. Signed during the inaugural Abu Dhabi Infrastructure Summit, the MoU reflects both organisations' commitment to advancing dispute management. It further reinforces Abu Dhabi's position as a trusted international hub for investment, public-private partnerships, long-term project delivery, and strategic public-private collaboration. Under the agreement, arbitrateAD will serve as the official appointing authority for adjudicators and the Dispute Avoidance and Adjudication Boards (DAABs) across ADPIC's Capital Projects Standard Contracts — ensuring consistency in the deployment of dispute resolution practices and enhancing delivery certainty in major infrastructure developments. DAABs are independent expert panels appointed at the outset of infrastructure projects. Their role is to resolve disputes before they escalate and maintain alignment across complex delivery timelines. As a globally recognised best practice, DAABs contribute to stronger governance, reduced delays, and improved risk-sharing across stakeholders. With oversight of a capital portfolio exceeding AED 200 billion, ADPIC plays a critical role in enabling infrastructure delivery that is timely, sustainable, and globally competitive. The integration of DAABs reflects ADPIC's commitment to building resilient project ecosystems underpinned by accountability, collaboration, and proactive dispute prevention. The MoU also outlines joint efforts to raise awareness around dispute avoidance and support industry-wide training to promote best practice standards. These efforts are particularly relevant to investors and ESG-focused developers seeking transparent, rules-based markets that minimise delivery risk and promote long-term value. His Excellency Dr. Ali Saeed bin Harmal Al Dhaheri, Chairman of arbitrateAD, said: 'We are proud to collaborate with ADPIC, as we reinforce our commitment to dispute avoidance mechanisms that meet international standards. DAABs are an incredibly smart approach to resolving challenges before they escalate, and this MOU is in line with our shared vision of both improving how projects are managed and strengthening investor confidence across the region. This partnership supports the emirate's broader drive to deliver world-class infrastructure projects through transparency, efficiency, and rule of law — positioning Abu Dhabi as a leading model for effective public-private collaboration.' His Excellency Maysarah Eid, Director General of ADPIC, said: 'This MoU marks a significant step in our efforts to integrate global best practices into the way Abu Dhabi delivers its infrastructure ambitions. By appointing arbitrateAD as the official authority for dispute adjudication, we are strengthening our approach to proactive risk mitigation and effective dispute resolution while ensuring delivery excellence. More importantly, we are sending a clear signal to our partners, local and international, that Abu Dhabi is committed to creating a project environment defined by stability, transparency, and long-term strategic value.' The signing of this MoU also sets the stage for future collaboration as Abu Dhabi continues to scale its infrastructure ambitions in alignment with Abu Dhabi's economic vision and evolving global ESG expectations. About arbitrateAD: arbitrateAD is Abu Dhabi's flagship arbitration centre, offering a modern, efficient, and world-class framework for the resolution of commercial disputes for both commercial and governmental entities. arbitrateAD plays a vital role in advancing the emirate's vision to become a leading global legal and financial hub. The establishment of the Abu Dhabi International Arbitration Centre is a testament to the emirate's dedication to excellence in providing a world-class neutral and impartial forum for dispute resolution. The Centre has been awarded the GAR Guide to Regional Arbitration award for 'Arbitral Institution That Impressed' at the 2025 Global Arbitration Review (GAR) Awards. About ADCCI: The Abu Dhabi Chamber of Commerce & Industry (ADCCI) is the leading business support organisation in Abu Dhabi. With a focus on enhancing trade and investment, ADCCI plays a key role in supporting the growth of Abu Dhabi's economy, particularly for SMEs and the private sector. Through various initiatives and partnerships, ADCCI aims to promote a business-friendly environment that facilitates investment and economic development in the emirate. About Abu Dhabi Projects and Infrastructure Centre ADPIC: Established in 2023, ADPIC's vision is to oversee and manage capital projects that enhance the quality of life for every resident in the Emirate of Abu Dhabi. This involves diverse projects including housing, infrastructure, tourism, community facilities, and education. ADPIC's mandate includes managing contracts, reviewing, approving, planning, and designing capital projects. These are overseen by the Centre in close collaboration with relevant entities and stakeholders to ensure quality is maintained while also facilitating efficient project execution in alignment with Abu Dhabi's strategic goals. Throughout its operations, the Centre is committed to strengthening public-private partnerships and adopting best practices in sustainability globally.
