Samana Developers to deliver AED 100m project in Dubai by Q4-21
Samana Developers, a Dubai-based subsidiary of Samana Group, plans to deliver its second real estate project Samana Hills in Dubai by the fourth quarter of 2021.
The five-storey project will feature 205 residential units comprising studio to two-bedroom apartments at Arjan, near the Miracle Gardens, according to a press release.
It is worth noting that Samana Developers previously launched the AED 100 million freehold property Samana Hills in Dubai.
Prices of the residential units at the project start at AED 399,000 for studios and AED 599,000 for one-bedroom apartments, with a payment plan of 1% per month payment scheme for a 90-month period, following 10% down-payment on purchase.
The development is expected to be completed in two and a half years when the rental income starts to kick in, the release noted.
Located in near proximity to the Miracle Gardens, residents of Samana Hills will have easy access through two major expressways; Al Khail Road and Mohammed Bin Zayed Road, to the major attractions within Dubai.