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Dubai Real Estate: Property Developer Announces New Luxury Samana Avenue Project in Dubailand

  • August 1, 2024

Samana Developers has recently unveiled its latest luxury project, Samana Avenue, located in the Dubai Land Residence Complex (DLRC) in Dubailand. This announcement comes amidst increased interest from international buyers, particularly Europeans, following the Dubai Land Department’s decision to remove the AED 1 million down payment requirement for golden visa eligibility. This change has made Dubai’s real estate market more accessible and attractive to foreign investors.

Samana Avenue: A New Benchmark in Affordable Luxury

Samana Avenue promises to set a new standard for affordable luxury living in Dubai. Imran Farooq, CEO of Samana Developers, stated, “The new project in the DLRC Dubailand neighborhood reflects our commitment to meeting the end-user needs of a quality lifestyle at the most sought-after locations. We have created value-for-money, quality finishes, and luxurious lifestyles. Samana Avenue is designed to serve this purpose and is set to offer affordable luxury.”

Spanning 254,667.98 square feet, Samana Avenue will feature 16 floors with 165 units, including studios, one-bedroom, and two-bedroom apartments. Most units will have private swimming pools, adding a touch of exclusivity and comfort for residents. The development is scheduled for completion in December 2027.

Prime Location with Excellent Connectivity

Samana Avenue’s strategic location near the Al Ain – Dubai Road ensures easy access to major roads in Dubai. It is approximately 20 minutes by car from both Dubai International Airport and Business Bay, making it a convenient option for frequent travelers and business professionals. This prime location enhances the project’s appeal, offering residents a blend of tranquility and connectivity.

World-Class Amenities

Samana Avenue is designed to provide residents with a comprehensive lifestyle experience. The development will include:

  • Swimming pools: For relaxation and recreation.
  • Fitness center: Equipped with the latest exercise equipment.
  • Healthcare center: Offering essential medical services.
  • Gardens: Providing serene green spaces for residents to unwind.
  • Children’s play area: Ensuring a safe and fun environment for kids.

Additionally, apartments will feature balconies and smart home technology, enhancing comfort and convenience.

Investment Opportunities and Golden Visa Eligibility

Samana Developers is offering a UAE golden visa option for buyers, providing an attractive incentive for international investors. The removal of the AED 1 million down payment requirement for golden visa eligibility has sparked increased interest from European buyers, eager to invest in Dubai’s thriving real estate market. Samana Avenue’s pricing starts at $178,000, with a flexible payment plan extending over 8.5 years.

Samana Developers: A Record of Excellence

Samana Developers has demonstrated remarkable growth, achieving a staggering 600 percent increase in 2023. The company has lined up the launch of 17 new projects this year, reaffirming its commitment to delivering high-quality, value-for-money developments. Samana Avenue is a testament to this commitment, offering a blend of luxury, affordability, and prime location.

Conclusion

Samana Avenue represents a significant addition to Dubai’s real estate landscape, offering luxury living at an affordable price point. With its strategic location, world-class amenities, and attractive investment options, it is poised to become a sought-after address for residents and investors alike. As Dubai continues to evolve as a global hub, developments like Samana Avenue highlight the city’s potential for growth and innovation in the real estate sector. Investing in Samana Avenue is not just about purchasing a property; it’s about securing a lifestyle of comfort, convenience, and luxury. Whether you are an international buyer seeking a golden visa or a local resident looking for a quality home, Samana Avenue offers an unparalleled living experience in the heart of Dubailand. For more informative articles, keep following AZCO Real Estate Brokers LLC.

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