GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Real Estate

 
  Share
Furnished homes by Samana will offer excellent returns on investment to property buyers with prices from Dh399,000. Owners will start earning income after paying only 40 percent – making it probably the best investment product in the UAE's real estate market.
 
News Highlights:
  1. Investors can pay at 1% per month for 90 months after booking with 10% down payment
  2. Property delivery in under 2.5 years
  3. Investors pay only about 40% –¬¬ whereby your rental income will settle the balance of your installments
  4. Prices start from Dh399,000 for Studios and Dh599,000 for One-Bedroom Apartments
 
Dubai, April 15, 2019:  Samana Developers, a Dubai-based developer, announced the launch of a new project, Samana Hills – a Dh100 million property that will host 200 residential units – in the heart of the Arjan community near Miracle Gardens.
 
The residential units, which will soon go on sale with prices starting at Dh399,000 for studios and Dh599,000 for one-bedroom apartments, comes with a very convenient payment plan of 1 percent per month payment scheme for 90 months, following 10 percent down-paymentonpurchase.
 
Samana Hills will be located opposite Dubai Hills Estate at the heart of Arjan. The five-storeyed project consists of 205 residential units, will be delivered by the fourth quarter of 2021.
 
“Samana Hills is an ideal real estate asset in the makingthatwillhelpfulfil a gap in the market for quality affordable hospitality properties that will help investors generate a higher return.
 
The new project launch comes as the developer completes its maiden project – the Dh75 million Samana Greens at Arjan that will be ready for handover in early 2020.
 
Alan James Gammon, General Manager of Samana Group, says, “Samana Group entered the UAE's real estate market when the market started to show signs of maturity. Real estate is a long-term business and we have entered in this market with a lot of conviction and it is our firm belief that the Dubai real estate market is the best regulated in this part of the world.
 
“Through the Samana brand and its asset management arm, the project will obtain long-term sustainability and will create a win-win situation for all stakeholders – the property owners, managers, developer and residents – who will be pamperedwitha high-quality service at an affordable price.
 
“Following the success of Samana Greens, we have taken a conscious decision to offer a greater value to property owners and investors of Samana Hills”.
 
The project will be completed in 2.5 years when the rental income starts to kick in. “This means, the property owners might have to just invest 40 percent (10% down payment and 30monthlyinstalments of 1% each) of the price of the property and pay back the rest from the rental income,” says Alan James Gammon.
 
“With this project, we have made investment very easy and attractive to property buyers. So, with Samana Hills, an end-user with limited income could now become a property investor, and enjoy strong returns that are funded is funded by the rental income”
 
One of the key features of the property is its luxurious leisure deck with infinity pool, water features, swim up bar area, bbq area 24 hour coffee shop and indoor, outdoor gymnasium.
 
Samana Properties, a part of the Samana Group, had earlier announced the completion of 100 percent of the structure of Samana Greens residential project, a freehold property consisting of 116units. The four-storeyed residential apartment project consists of studio apartments, one- and two-bedroom apartments. The project will be delivered by March 2020, six months before the Expo 2020 will be hosted in Dubai.
 
Samana Greens, located in the Arjan area, is located in front of Dubai's iconic Miracle Gardens, which is easily accessible by two main roads and offers easy access to Dubai's main attractions. The city is surrounded by Sports City, Emaar Hills as well as a number of international schools, hospitals, and services.



Posted by : GoDubai Editorial Team
Viewed 7326 times
Posted on : Monday, April 15, 2019  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Celebrate the season with Golden Mile Galleria's great dining, wellness and entertainment offers
Next Story : Dalma Mall Celebrates Rad Spring Season With Prizes Worth AED 50,000
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Tonda 1950 Stone-set range'
Parmigiani Fleurier Kalpagraphe Chronometre Titanium
Toric Hémisphères Rétrograde Slate The traveller's watch featuring a new guilloc...
Special edition 2019 Ford Expedition ‘Turath' arrives in Al Tayer Motors and Pre...
Aston Martin Valkyrie Wows Crowds on Public Debut at Silverstone
Salvatore Ferragamo Timepieces – Summer 2019 Collection
Sports Collection - Autumn Winter 2019
Picnic Indoors This Summer with Marks & Spencer
Kitchen Hacks: 8 Clever Ways to Smart Storing
The Perfect Shave Kit for your Summer Travels
Ralph Lauren at The Championships, Wimbledon – Wednesday 10th July
Schneider Electric's Biggest Engineer-to-Order Factory in Asia Utilizes IIoT Tec...
Ralph Lauren at The Championships, Wimbledon – Sunday 14th July
Summer Skin Rituals with SUKIN
Peugeot announces sizzling summer offers
Union Coop Reports 20% Growth in Net Profit for the First half of 2019
Summer-ready BABY-G G-Lide BAX-100 makes splash this hot season
Purificacion Garcia Introduces the Women's FW19 Collection
Ras Al Khaimah and Singapore to Discuss the Bilateral Cooperation'
The Car That Responds to Your Mood: New Jaguar Land Rover Tech Helps Reduce Stress
OMEGA's role in competitive swimming
Automation Anywhere Expands into the Middle East with the Opening of Regional He...
Philipsen and Kristoff Claim Top 10 Spots for Uae Team Emirates in Stage 7 Sprin...
Lg's Front-loader With New Ai Dd Brings Optimized Washing to the Middle East and...
The Eid Gift Guide
All-out Sprint in Albi as Philipsen Takes Sixth and Martin Breaks Into the Gener...
Danube Group Expands into the Healthcare segment
Ahmed Mahboob Musabih welcomes DGEP Coordinator General
Dubai launches e-statistics system for better data to clients and decision makers
Trading Enterprises – Honda makes dreams a reality this Summer
Bollywood Parks™ Dubai launches all-inclusive picnic promotion from July to August
Schneider Electric Launches First Smart Factory in Mexico Implementing Innovativ...
MoHAP Youth Council Discusses Mutual Cooperation with Civil Defence Youth Council
First results from Arc Skills' programme show how gamification can transform edu...
Don't Run Risk of Damaging Your Vision With Poor Food Choices, Doctors at Moorfi...
Tashkeel announces open call for affordable design range Tanween
A charitable initiative from the ADNOC Sas Al Nakhl School brings together AED 8...
Thought-Evoking Clothing Brand Exhale Releases Limited Edition “Be” Kimono
Sony Introduces New WF-1000XM3 Truly Wireless Headphones with Industry-leading N...
Pottery Barn Kids launches new ‘Back-to-School' collection'
Get that beautiful hair with Vierro's Oil-Replacement range
Leading Indian stand-up comedian Kunal Kamra performs to a packed house at BOLLY...
Ras Al Khaimah Chamber and Ghana to Discuss the Cooperation Opportunities
Dubai-Based Schools Operator GEMS MENASA Assigned Preliminary 'B' Ratings; Outlo...
A Tribute to Karl Lagerfeld: the White Shirt Project
LG's Groundbreaking Dualcool With Inverter Tech Delivers Performance and Energy ...
Sweet Shades of Summer at 2XL Furniture & Home Décor
Doctors conduct first procedure in the UAE using donated amniotic membrane for b...
UAE astronauts train at NASA's Lyndon B. Johnson Space Center
Dubai Festival City Mall Partners With Spotify To Launch Music Library in Indust...