Samana Real Estate Development Company launched the “Samana Lake Views” project worth one Billion Dirhams ($272.2 Million) in Dubai Production City. The residential complex is located next to the lake in the neighbourhood, and is a continuation of Samana’s commitment to invest 12.5 Billion Dirhams ($3.4 Billion) in UAE real estate this year.
The twin towers extend over an area of 794,000 square feet and offer 1,006 apartments. The project is scheduled to open in October 2027.
Imran Farouk, CEO of Samana Real Estate Development Company, said: “The new Samana project is the beginning of expanding the scope of our projects to present a new dimension of designs planned to be built near the sea-facing projects. The project combines luxury, comfort and a vibrant lifestyle. We are developing our projects near the waterfronts in response to the requests of our investors who prefer residential complexes close to resorts, in addition to providing competitive prices to buyers and end users.”
The Samana Lake Views complex in Dubai Production City offers a convenient 8-year payment plan, a five-year post-handover payment plan, and the option of 1% or 0.5% monthly installments, making homeownership accessible to buyers.