Samana Developers Ascends to 5th Highest Off-Plan Seller in Dubai, Bolstered by Record-Breaking Sales and Ambitious Expansion
Ascending the Ranks: Rapid Growth and Market Share
Samana Developers has demonstrated an extraordinary trajectory in recent years. The company achieved a staggering
600% growth in 2023
and secured a
2.8% market share in off-plan sales
during the same year. This rapid expansion propelled Samana into the esteemed ranks of Dubai's top seven developers in 2024, where it now commands a noteworthy
4.4% market share in off-plan sales
and manages a substantial portfolio valued at
over AED 17 billion
.
Record-Breaking Sales Performance
June 2025 marked a historic milestone for Samana Developers, with best-ever monthly sales reaching an unprecedented
AED 1.1 billion
. This outstanding performance contributes to a robust
40% growth in sales for the first half of the year
compared to the previous year, solidifying Samana's position as the 5th among top property developers in off-plan sales for H1 2025 in Dubai. A significant factor in this success is the strong international demand, with
86% of Samana Developers' sales attributed to foreign investors
, further highlighting Dubai's enduring appeal as a secure and high-growth investment destination.
Ambitious Project Pipeline and Timely Deliveries
Samana Developers launched
12 new projects in 2024 alone
. Building on this momentum, the company has set an ambitious target to launch
18 projects by the end of 2025
, adding 8 more than their target for 2024. Samana Developers has already delivered four projects to date and plans to hand over an additional four by the close of 2025, further solidifying its reputation for timely delivery and quality construction.
Commenting on this achievement,
Imran Farooq, CEO of Samana Developers
, stated: "Our exceptional growth, including a 40% increase in sales in H1 2025, is a direct reflection of Dubai's robust and expanding real estate market. The latest data indicates that the overall Dubai residential sales, combining villas and apartments, have risen by 38% in value in the first half of 2025 compared to the same period last year, reaching AED 262.7 billion. This strong market performance, fuelled by sustained investor confidence and a growing population, provides an ideal environment for our strategic expansion and commitment to delivering high-quality, innovative projects."
Resort-Style Living: A Differentiating Factor
Samana Developers has become widely regarded for its pioneering approach to "resort-style living." Their developments consistently feature an array of luxurious amenities, including private swimming pools in many units, expansive green spaces, state-of-the-art fitness centres, and tranquil terraces. This focus on creating immersive, vacation-like residential experiences sets Samana apart, offering residents an unparalleled blend of comfort, wellness, and sophistication within an urban setting.
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.
For more information, please visit
www.samanadevelopers.com
.
For Media inquiries, please contact:
Mohammad Al Sharu
Senior Manager PR & Media Relations
T: +971 55 667 2342 | E:
[email protected]
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Sharjah 24
7 hours ago
- Sharjah 24
SEWA implements Al Dhaid natural gas network connection project
Serving more than 900 residents The current completion rate has reached 46%, and this phase is expected to be completed during the first quarter of 2026, according to the approved timetable. Engineer Ibrahim Al Balgouni, Director of the Natural Gas Department at the authority, explained that the first phase includes extending the natural gas pipeline to the Jabal Omar and Tal Al Zafran neighbourhoods, extending 83 kilometres at a total cost of AED 14 million. He noted that the project will serve approximately 989 residents in the area. Developing a modern and sustainable infrastructure Al Balgouni emphasised that the authority is continuing its efforts to develop a modern and sustainable infrastructure and expand the natural gas network across the Emirate of Sharjah, in support of the vision of the wise leadership to achieve comprehensive development and community well-being. The project to connect natural gas services to the city of Dhaid represents a qualitative leap in the quality of services, given the high standards of safety and security of the implemented networks. It also represents an economical alternative to the use of traditional gas cylinders, contributing to an improved quality of life and fostering the growth of the city's residential, commercial, and industrial sectors.
Arabian Post
8 hours ago
- Arabian Post
Alpha Dhabi Holding sees sharp growth in Q2 profits
Alpha Dhabi Holding has reported a significant surge in its second-quarter net profit for 2025, reaching AED 4.53 billion, marking a 118% increase from AED 2.08 billion during the same period in 2024. This growth reflects the investment conglomerate's strategic positioning in Abu Dhabi's dynamic market and its diversified portfolio of high-value assets. Revenue for the quarter also saw an uptick, rising to AED 18.4 billion from AED 15.1 billion in Q2 2024, driven largely by strong performances in its real estate, construction, and energy investments. The robust financial results highlight Alpha Dhabi's continued resilience in navigating fluctuating market conditions, alongside its ability to capitalize on lucrative opportunities in the UAE's fast-growing sectors. Looking at the first half of 2025, the company's net profit increased by 1% year-on-year, totalling AED 6.6 billion. This steady growth indicates that Alpha Dhabi has maintained a strong market position despite challenges posed by non-recurring items from the previous year. In the first half of 2024, the company's performance had been impacted by exceptional costs, totalling AED 1.4 billion, which were largely one-off events. By comparison, the 2025 results suggest a return to more stable financial operations. ADVERTISEMENT One of the key contributors to the conglomerate's success is its broad exposure to prominent businesses based in Abu Dhabi. Alpha Dhabi's stakes in well-established companies such as Aldar, Modon, and NMDC Group continue to be vital in bolstering its financial standing. These holdings, each a leader in their respective fields—real estate, construction, and mining—have provided the firm with substantial returns, particularly as the UAE's real estate market remains strong, buoyed by population growth and increasing demand for residential and commercial properties. Alpha Dhabi has been focusing on diversifying its investments across a variety of sectors, further reducing its exposure to any single market segment. This strategy has allowed the company to weather the volatility of global economic conditions more effectively. It has also enhanced its operational flexibility, enabling Alpha Dhabi to tap into a range of opportunities from healthcare to technology, all the while safeguarding long-term stability. The company's performance in Q2 2025 also reflects its adaptive approach to business strategy. Despite challenges faced by global markets, Alpha Dhabi has demonstrated an ability to leverage its extensive portfolio to generate consistent returns. Analysts suggest that the firm's focus on strategic investments, in combination with its ability to streamline operations, has been pivotal in achieving this growth. Alpha Dhabi Holding's sustained profit growth is also supported by its solid financial base. The company has managed to keep costs under control while simultaneously expanding its investments in both local and international markets. Moreover, the company has actively pursued new opportunities in infrastructure development, a sector that continues to receive significant government backing in the UAE. Looking forward, Alpha Dhabi's outlook remains optimistic. The company is expected to continue benefiting from its strong ties with the UAE government, particularly in key sectors such as construction and energy. Analysts predict that the continued growth of Abu Dhabi's real estate and infrastructure markets will provide further opportunities for Alpha Dhabi to capitalize on its existing investments.
ARN News Center
2 days ago
- ARN News Center
TECOM Group delivers strong H1 results with AED 737 million profit
TECOM Group has posted strong financial results for the first half of 2025, reporting a 22 per cent jump in net profit year-on-year to AED 737 million. The Group, which operates 10 specialised business districts across Dubai, also posted a 21 per cent rise in revenue, reaching AED 1.4 billion, driven by higher rental rates, strong occupancy and returns from strategic asset acquisitions. Earnings before interest, tax, depreciation and amortisation (EBITDA|) climbed 24 per cent to AED 1.1 billion, with the Group's EBITDA margin improving to 80 per cent, reflecting continued operational efficiency. Funds from operations also saw a 17 per cent boost, reaching AED 984 million, further highlighting strong portfolio performance and revenue quality. In line with its dividend policy, TECOM's Board has approved an interim cash dividend of AED 400 million for the first half of the year. The results reinforce TECOM Group's position as a key player in Dubai's business landscape, supporting vital sectors and strengthening the UAE's role as a global investment hub. TECOM Group reports robust 22% growth in H1 2025 net profit to AED 737 million, driven by strategic expansion and strong performance across business segments. — Dubai Media Office (@DXBMediaOffice) August 1, 2025 H1 2025 Operational Highlights In April, PayPal opened its first regional headquarters in the Middle East and Africa at Dubai Internet City, the pioneering hub uniting global tech industry leaders and talent which today generates 65% of Dubai's technology sector GDP. In May, Pure Ice Cream commenced construction on its AED 80 million production facility at Dubai Industrial City, cementing its vital contribution towards developing the UAE's industrial sector. Dubai Media City supported the launch of Dubai Press Club's Arab Media Outlook – Future Vision report at Arab Media Summit in May. Dubai Design District (d3) marked more than a decade of enabling design excellence at a special celebratory event, during which the district launched the d3 Awards, a prestigious award platform to celebrate industry talent in the region. IMCD, a global leader in specialty chemicals and ingredients, expanded its Middle East presence with new offices and Technical Centres in Dubai Science Park in June. In April, Dubai Knowledge Park and Dubai International Academic City showcased business opportunities at China International Education Exhibition Tour as part of a delegation led by Dubai's Knowledge and Human Development Authority (KHDA), in partnership with Dubai Department of Economy and Tourism (DET) and Dubai Chambers.
