Press & Media - SAMANA Developers

SAMANA Developers to develop AED40 million endowment building in support of Fathers’ Endowment campaign

SAMANA Developers announced its plans to develop a AED40 million endowment building in Dubai in support of the Fathers' Endowment campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.

Samana Developers Founder Imran Farooq Opens Up on His Long and Winding Road to Success

Imran Farooq didn't need to get into real estate. The SAMANA Group he founded in 1996 had already become a multi-billion-dollar empire spanning various sectors. But never one to do things small, he founded SAMANA Developers with a mission to take the market.

SAMANA Developers begins handover of Greens project

Commenting on the project handover commencement, Imran Farooq, Chief Executive Officer of SAMANA Developers, said: It is a milestone achievement for the entire team of SAMANA Developers, its contractors and consultants. Keeping the momentum and consistent in construction was an uphill task during the pandemic lockdown period.

UAE Hope Probe success will give fillip to economic progress

Imran Farooq, CEO, SAMANA Group, said the UAE’s Mars exploration mission dubbed as Hope Probe is creating a new history for the country, for the Arab world and new hope for the entire mankind. “The milestone space mission will have a lasting impact on UAE’s exploration of the dynamics of the red planet and its atmosphere. The research will help global Martian studies conducted so far,” he said.

Worst is over for Dubai real estate market

Imran Farooq, chief executive of SAMANA Developers, said has a strong belief in Dubai property market as he planned three new residential projects in the emirate. “We have increased the headcount by 55 per cent for 2021 to double up the sales revenue after registering record sales last year,” Farooq told Khaleej Times on Saturday. He said Dubai is the investor hot-spot with a positive outlook while its real estate sector has performed well and is capable of fighting with a major pandemic.

Covid-19 vaccine, Expo 2020 to drive recovery in UAE property sector

Imran Farooq, CEO of SAMANA Developers, said: “Dubai has performed well and is capable of fighting a major pandemic. The city has launched a massive Covid-19 vaccine drive to protect the 9.89 million population. Converting the empty hotel apartments into quarantine centres was an innovative idea and helped reduce the spread of the coronavirus."

SAMANA marks 100% completion on Hills’ superstructure

Speaking about the milestone, chief executive officer of SAMANA Developers, Imran Farooq, said: “As Dubai’s real estate market matures further, with tighter regulations and transparency, property buyers are looking for the timely delivery of the project as well as the quality finishing. We felt it was our obligation to construct the project before we ask buyers to put their money into the property.

SAMANA Developers Completes 100% Superstructure of Dh100 mn Hills Project

Despite the pandemic hardships, SAMANA Developers has set a new benchmark of early project completion and handover preponement. It is unprecedented in Dubai’s real estate when there are project delays and developers facing losses. The five-storey SAMANA Hills residential project is scheduled for handover in Q3 2021.

Dubai developers keen to deliver projects ahead of Expo

Imran Farooq, CEO of SAMANA Developers, said the postponement of the Expo for a year due to the pandemic has given a full year's opportune time to Dubai's real estate in particular, and 192 countries in general to build the iconic pavilions.

SAMANA Developers “on-track” for project deliveries despite lockdown

Dubai-based real estate firm SAMANA Developers has pledged that its SAMANA Hills and SAMANA Greens projects are on-track to delivered amid the COVID-19 challenges. Elaborating on its construction progress at the two projects, SAMANA Developers revealed that its $27.2m (AED 100m) SAMANA Hills development has reached 50% structural completion and will be scheduled ahead of time to co-incide with the launch of the new Expo 2020 Dubai date on 1 October 2021. The ground-breaking of the SAMANA Hills project took place in September 2019, which will comprise 205 apartments including a range of studios and one-bedroom apartments. SAMANA Greens has reached 93% construction completion and is scheduled for delivery in October 2020.