Samana Developers, a leading real estate developer in Dubai, has announced its new project, ‘Samana Avenue’, sited near the Dubailand Residence Complex, DLRC, in the locality of Dubailand. This development is not only ultra-luxurious living but will also provide a chance for the investors to get a UAE golden visa.
PC: Construction Business News
Overview of Samana Avenue
Samana Avenue covers approximately 254,667.98 square feet, with a height of 16 floors and 165 units in total; it is planned to be completed by December 2027. Here, the mix is studios, one-bedroom, and two-bedroom apartments. One of the special features of many of the units includes private swimming pools, making them ideal for those residents looking for exclusiveness and luxury.
Location and Accessibility
Located in close proximity to the Al Ain-Dubai Road, Samana Avenue also has easy access to Dubai’s main highways. It makes for an approximate 20-minute drive either towards Dubai International Airport or Business Bay. This adds to the charisma of the project to a resident or an investor.
Amenities and Features
The development boasts a comprehensive array of amenities designed to enhance residents’ lifestyles:
- Swimming Pools: There are multiple swimming pools catering to all needs, from private pools in some selected apartments.
- Fitness Centre: Fully equipped fitness hall for health and wellness for residents seeking it.
- Healthcare Centre: Easy access to in-house healthcare facilities gives peace of mind to the residents.
- Gardens and Children’s Play Areas: Beautifully maintained gardens and a separate children’s play area provide recreation space for families.
- Smart Home Technology: Advanced smart home technology in apartments combines easiness with modern living.
Investment Opportunities: UAE Golden Visa
This grand opportunity of getting a UAE Golden Visa through investment in Samana Avenue will surely prove to be one of the major attractions for any prospective international buyer. The Dubai Land Department recently waived the AED 1 million down payment clause if a buyer wanted to qualify for a Golden visa; since then, international interest, more specifically from Europe, has picked up significantly. Now, Samana Developers itself is offering investment advice to interested buyers who would like to avail the opportunity of 10-year residency in the UAE.
Pricing and Payment Plans
Prices for apartments in Samana Avenue start from $178,000, thus making the project affordable luxury within the Dubai real estate market. The developer has a flexible payment plan spread over 8.5 years with options including:
- Monthly Payments: 1% monthly pre-handover payments and 0.5% post-handover.
- Guaranteed Returns: Assured returns of 8% to the investor provide an ideal investment climate.
Future Prospects and Expansion
Imran Farooq, the CEO of Samana Developers, showed an optimistic view on the project and future growth of the company: “With plans to launch 17 new projects this year alone, having shown remarkable 600 percent growth in 2023, Samana Developers continues to strive to give its best quality and value in Dubai’s competitive real estate landscape.”
This, coupled with a range of amenities, strategic location, and the possibility of solid investment, speaks to a more luxurious way of life in Samana Avenue. The project en route to completion speaks for redefining standards of affordable luxury living in Dubailand.
