Samana Builders, one of many quickest rising actual property firms, has launched the AED 250 million ($68.1 million) residential undertaking ‘Samana Portofino’ in Dubai Manufacturing Metropolis, a well-liked freehold neighborhood. Samana Portofino is the developer’s ninth undertaking launch out of twelve tasks deliberate for 2023.
The B+G+11-storey Samana Portofino covers over 2,59,501 m² with 226 flats. The undertaking embodies Italian commune-style structure, which is a mixture of water options, city way of life, luxurious dwelling and personal swimming swimming pools in flats. Samana Builders is the pioneer of the personal swimming pool idea in residential tasks in Dubai.
‘Portofino’ is the developer’s first undertaking in Dubai Manufacturing Metropolis the place all models have built-in personal swimming swimming pools. Dubai Manufacturing Metropolis, previously generally known as The Worldwide Media Manufacturing Zone (Impz), grasp developed by Tecom Group, is a mixture of residential properties and industrial free zone areas. The residential property affords 100% overseas possession.
Imran Farooq, Chief Govt Officer of Samana Builders, mentioned: “Samana Builders is transferring ahead on the proper tempo of developments and in the correct areas in Dubai. I thank our traders for his or her confidence in Samana tasks, which give them with higher returns in comparison with present market charges. That is likely one of the causes that our tasks promote shortly and that we will transfer on to the brand new launch.”
Fee plan – 8 years
Condominium costs in Samana Portofino begin from AED669,000 ($182,144). It’s a complete of eight years reimbursement plan at 1% per 30 days. This nice flexibility of funds makes it simpler for patrons, particularly those that need to transfer from a rented house to proudly owning a home in Dubai. The undertaking is scheduled for completion in March 2026.
“In return for this belief, Samana goals to strengthen it with new choices, reminiscent of serving to traders sublet flats to vacationers and guests to Dubai, delivering higher returns on their investments. To this finish, we’ve launched Samana Holidays to assist models convert into vacation houses. Furthermore, Samana’s actual property belongings assure a aggressive return of 24%,” concludes Farooq.
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