Dubai-based Samana Builders has introduced the whole sell-out of all 327 flats inside its two premium residential initiatives – Samana Hills and Samana Greens – positioned in Arjan Dubailand group.
The resort-themed Samana Hills is positioned reverse the Dubai Hills Property and a stroll away from Dubai’s main vacationer attraction – the Dubai Miracle Backyard.
Unfold over a sprawling 100,000 sq ft space, the AED110 million ($30 million) venture boasts 205 flats, together with studios, one and two-bedroom flats.
For the reason that ground-breaking in September final yr, the venture has seen a excessive curiosity from patrons as a result of its investor-friendly propositions, stated the assertion from Samana Builders.
Consumers had been drawn to venture’s resort-theme, affordable-luxury and sustainability options, it added.
The AED 75 million Samana Greens sits on a complete built-up space of 13,000 sq m that includes 122 models with a mixture of studios, one- and two-bedroom flats and 6 retail areas.
It has a definite characteristic of a leisure deck that’s house to amenities together with a swimming pool and jacuzzi, a landscaped terrace in addition to a gymnasium with sauna and steam room. Parking bays for the residents are positioned on the bottom degree, with one bay for each condominium.
On the profitable sellout, CEO Imran Farooq stated: “We’re dedicated to ourself that we’ll stay resilient, centered and hold the workflow uninterrupted, which ultimately led initiatives to early completion and even preponement. It was not a straightforward activity in the course of the pandemic hardships in the course of the lockdown and when the companies had been studying to adapt to New Regular.”
“In a means, Samana Builders has set a brand new benchmark, which was by no means seen in final 10-year historical past of Dubai’s actual property market when there have been venture delays and builders dealing with losses,” acknowledged Farooq, whereas saying the feat at a brokers’ assembly held not too long ago in Dubai.
Samana Builders, he stated, managed to fast-track the development by introducing a double shift of employees, stay distant monitoring of building works in the course of the lockdown which helped full the development forward of time.
“The superstructure of Samana Hills, was accomplished final month which was forward of schedule. The bottom was damaged on the G+5 condominium venture in September 2019, and building has since been fast-tracked,” Farooq defined.
The venture is scheduled for supply in Q3 2021, which can coincide with Dubai Expo 2020, he added.
On the Samana Greens, Farooq stated the venture was within the remaining phases of completion and on monitor for supply any time quickly.
“The venture remained barely gradual because of the failure of the contractor to finish it on the stipulated interval talked about within the venture building settlement. Secondly, the Covid-19 associated lockdown induced the 15 per cent slower building exercise from March to Could 2020,” he acknowledged.
Samana Builders managed to fast-track the workflow with two shifts of employees, environment friendly venture administration and self-funding, he added.-TradeArabia Information Service