Latest news with #PropertyMonitor
Khaleej Times
15-07-2025
- Business
- Khaleej Times
Samana Developers becomes fifth highest off-plan seller in Dubai
Samana Developers, an award-winning real estate developer based in Dubai, has announced its ranking as the fifth highest off-plan seller in volume for the first half of 2025, according to Property Monitor and Oqood. This achievement reflects a period of unprecedented growth, record-breaking sales, and a robust pipeline of new projects, firmly establishing Samana Developers as a leading force in Dubai's thriving real estate market. Samana Developers has demonstrated an extraordinary trajectory in recent years. The company achieved a staggering 600 per cent growth in 2023 and secured a 2.8 per cent 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 per cent market share in off-plan sales and manages a substantial portfolio valued at over Dh17 billion. June 2025 marked a historic milestone for Samana Developers, with best-ever monthly sales reaching an unprecedented Dh1.1 billion. This outstanding performance contributes to a robust 40 per cent growth in sales for the first half of the year compared to the previous year, solidifying Samana's position as the fifth 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 per cent of Samana Developers' sales attributed to foreign investors, further highlighting Dubai's enduring appeal as a secure and high-growth investment destination. 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 eight 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 per cent 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 per cent in value in the first half of 2025 compared to the same period last year, reaching Dh 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." 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.
Gulf Today
15-07-2025
- Business
- Gulf Today
Samana Developers Ascends to 5th Highest Off-Plan Seller in Dubai, Bolstered by Record-Breaking Sales and Ambitious Expansion
Samana Developers, an award-winning real estate developer based in Dubai, is proud to announce its ranking as the 5th highest off-plan seller in volume for the first half of 2025, according to Property Monitor and Oqood. This impressive achievement reflects a period of unprecedented growth, record-breaking sales, and a robust pipeline of new projects, firmly establishing Samana Developers as a leading force in Dubai's thriving real estate market. 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 . For Media inquiries, please contact: Mohammad Al Sharu Senior Manager PR & Media Relations T: +971 55 667 2342 | E: [email protected]
Zawya
14-07-2025
- Business
- Zawya
Samana Developers ascends to 5th highest off-plan seller in Dubai, bolstered by record-breaking sales and ambitious expansion
DUBAI, UAE – Samana Developers, an award-winning real estate developer based in Dubai, is proud to announce its ranking as the 5th highest off-plan seller in volume for the first half of 2025, according to Property Monitor and Oqood. This impressive achievement reflects a period of unprecedented growth, record-breaking sales, and a robust pipeline of new projects, firmly establishing Samana Developers as a leading force in Dubai's thriving real estate market. 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.
Entrepreneur
14-07-2025
- Business
- Entrepreneur
Samana Developers Becomes Fifth Highest Off-Plan Seller in Dubai
You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. Dubai-based real estate developer Samana Developers has risen to the fifth position in off-plan seller volume for the first half of 2025, according to Property Monitor and Oqood. The milestone comes in the wake of a period of unprecedented growth, record-breaking sales, and new projects. The company achieved 600% growth in 2023 and secured a 2.8% market share in off-plan sales during the same year. This expansion propelled Samana into Dubai's top seven developers in 2024, where it now commands 4.4% market share in off-plan sales and manages a portfolio valued at over AED 17 billion. Image courtesy Samana Developers In June 2025, Samana Developers recorded its best-ever monthly sales reaching a value of AED1.1 billion. This performance contributed towards 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. Samana Developers launched 12 new projects in 2024 alone. Building on this momentum, the company has set a target to launch 18 projects by the end of 2025- eight 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. Image courtesy Samana Developers "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," Imran Farooq, CEO of Samana Developers, said in a statement. "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." Related: Samana Developers Clinches AED1.1 Billion in Sales in June 2025
Khaleej Times
16-06-2025
- Business
- Khaleej Times
Dubai Metro Blue Line: Rents in 9 communities jump up to 43%, set to grow by 30% more
Rents in nine communities which will be connected through Dubai Metro's Blue Line have increased on average 23 per cent since the government announced plan to launch metro in those areas in November 2023. It is anticipated that rents in those communities will see another 30 per cent increase until the completion of the Blue Line over the next four years, outpacing growth in non-metro-connected districts. Data shared by Betterhomes and sourced from Property Monitor and internal figures revealed that Academic City saw highest jump in rentals since November 2023 as studio apartment rates rose from Dh42,000 to Dh60,000 per annum, an increase of 43 per cent. This was followed by Dubai Creek Harbour (30 per cent), Al Warqa and Silicon Oasis (28 per cent), International City 1 and 2 (22 per cent), Ras Al Khor Industrial Area (21 per cent), Mirdif and Dubai Festival City (15 per cent). The 131km long Blue Line will connect nine key districts across Dubai and is set to be completed in September 2029. The nine key districts are projected to be home to over one million residents, as outlined in the Dubai 2040 Urban Master Plan. Historical data from the Dubai Metro Red Line project in 2009 showed a significant impact on property values. Properties within a 15-minute walk of the Red Line saw price increases exceeding 25 per cent, sometimes even higher than Dubai's average. 'The most substantial appreciation, around 40 per cent, was observed in properties located within a 5 to 10-minute walk. Rental values also reflected this trend, with an 8 per cent increase for properties within a 15-minute radius and a 14 per cent rise for those within 5 to 10 minutes,' said Betterhomes. Up to 30% further increase It is expected that the rents will continue their upward trend in the coming years until the completion of the project in four years. Rental prices in the nine key districts linked to the upcoming Dubai Metro Blue Line have risen by an average of 23 per cent since 2023, the real estate brokerage firm said. 'With the line's completion expected to further boost connectivity and demand, rental increases in these areas will outpace growth in non-metro-connected districts and highlighting strong investment potential, especially for studio units,' it said. Rupert Simmonds, leasing director of Betterhomes, said connectivity drives value. 'We've seen it before with the Red Line, and we're seeing it again.' He added that Dubai's rental market is quick to react to infrastructure upgrades, especially when they change how people live and commute. 'We have already seen double-digit gains across multiple districts, and with the completion of the Blue Line on the horizon, we anticipate a further 25 to 30 per cent increase compared to non-connected areas. For investors, this is a clear window of opportunity in high-demand, high-growth locations,' said Simmonds.
