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Foreign Investors Drive Dubai's Growth: 86% of Samana Developers' Sales Attributed to International Buyers, Bolstering City's FDI Influx
Foreign Investors Drive Dubai's Growth: 86% of Samana Developers' Sales Attributed to International Buyers, Bolstering City's FDI Influx

Mid East Info

time24-06-2025

  • Business
  • Mid East Info

Foreign Investors Drive Dubai's Growth: 86% of Samana Developers' Sales Attributed to International Buyers, Bolstering City's FDI Influx

Samana Developers, an award-winning real estate developer based in Dubai, today announced that an impressive 86% of its property sales are attributed to foreign buyers, underscoring a robust international vote of confidence in Dubai's real estate market and its significant contribution to the Emirate's Foreign Direct Investment (FDI) inflows. This remarkable trend at Samana Developers mirrors the broader economic narrative of the UAE. According to the latest report by the United Nations Conference on Trade and Development (UNCTAD), foreign direct investment (FDI) flows into the country surged to Dh167 billion ($45 billion) last year, marking a substantial 48 percent increase compared to the previous year. Within this vibrant landscape, data from the Dubai FDI Monitor highlights that real estate alone contributed a significant 14% of the total estimated FDI capital flows into Dubai in 2024, solidifying its role as a key driver for the city's economic expansion. The dominant nationalities among Samana Developers' foreign buyers include investors from India, UK, Egypt, and Syria, reflecting Dubai's widespread appeal as a stable and lucrative investment destination. The surge in international investment comes amidst a flourishing real estate market in Dubai. The residential sector, in particular, witnessed strong performance in the first quarter of 2025, recording approximately 42,000 sales transactions valued at AED 114.4 billion. This represents a substantial year-on-year increase of 23.1% in volume and 29.6% in value. Property Finder's data further corroborates this vigor, reporting 45,474 transactions totalling AED 142.7 billion in Q1 2025, marking a 22% increase in volume and a 30% surge in value compared to Q1 2024. Monthly figures underscore this momentum, with May 2025 witnessing a historic AED 66.8 billion in sales across 18,700 deals, a 44% year-on-year value surge. The commercial office market has mirrored this strength, with sales transactions increasing by 23.7% year-on-year and values soaring by 83.1% in Q1 2025. Imran Farooq, CEO of Samana Developers , stated, 'The fact that 86% of our sales come from foreign buyers is a powerful testament to the global trust and confidence in Dubai's economy and its real estate sector. This directly translates into significant Foreign Direct Investment, reinforcing Dubai's position as a leading global hub for business and lifestyle. The latest market data, with residential transactions soaring by nearly 30% and commercial values by over 83% in Q1 2025, validates the robust and attractive environment we offer to international investors seeking high returns and unparalleled stability.' With a portfolio exceeding AED 17 billion and a 4.4% market share, Samana Developers demonstrates a clear dedication to growth and innovation. The successful launch of an impressive 12 new projects in 2024, including their latest global launch of Samana Ocean Views Interiors by Elie Saab, showcases their commitment to expanding their offerings. Their strategically located properties appeal to both end-users and investors, offering compelling opportunities for capital appreciation and healthy rental yields. Samana Developers has consistently been recognized for its dedication to quality and innovation in the real estate sector. The recent launch of the Happiness Centre further solidifies the company's devotion to not only constructing exceptional homes but also cultivating a community of satisfied and loyal homeowners, setting a new benchmark for customer service in the region's real estate industry. About SAMANA Developers: SAMANA Developers, an award-winning real estate developer based in Dubai with growing international portfolio. With a focus on creating sustainable and elegant living spaces, SAMANA Developers has seamlessly delivered a wide range of residential and commercial projects climbing to the top seven highest off-plan sellers in 2024. Known for their innovative designs, premium amenities, and prime locations, SAMANA Developers' projects have set new standards in the UAE real estate market. The company's dedication to excellence has earned them a reputation for delivering exceptional value and investment opportunities with more than 1,300 units handed over and 10,000 units under construction. SAMANA has scooped multiple esteemed awards for pioneering concepts, innovative designs, and sustainability.

Dubai ranked number 1 globally for creative industry FDI
Dubai ranked number 1 globally for creative industry FDI

Arabian Business

time06-06-2025

  • Business
  • Arabian Business

Dubai ranked number 1 globally for creative industry FDI

Dubai has once again been named the world's top destination for greenfield foreign direct investment (FDI) in the cultural and creative industries (CCI), securing the No. 1 spot in the Financial Times fDi Markets rankings for 2024. This marks the third consecutive year the emirate has outperformed global cities like London, Singapore, and New York. In 2024, Dubai attracted 971 creative sector projects, an 8 per cent increase from 2023, bringing in AED18.86bn ($5.1bn) in capital, up nearly 60 per cent year-on-year. Dubai foreign investment in creative industries These investments generated 23,517 new jobs, highlighting the city's growing appeal as a creative economy powerhouse. Key sectors driving this growth include: Advertising and PR Film production Gaming Education AI-powered software design According to the Dubai FDI Monitor, greenfield, wholly-owned ventures made up 76.5 per cent of all projects, reflecting strong investor commitment. The United States led with 23.2 per cent of capital inflows, followed by India, the UK, Switzerland, and Saudi Arabia. India stood out in job creation and project volume. Pro-business reforms, like allowing free zone firms to operate onshore and slashing bureaucracy, combined with robust IP laws and cutting-edge infrastructure, continue to make Dubai a magnet for global creatives and investors. As outlined in the 'Creative Dubai' report, the city is emerging as a global hub for design, immersive tech, and AI innovation—cementing its reputation as a leading destination for creative enterprise in 2025 and beyond.

Dubai Strengthens Global Lead in Creative Sector Investment
Dubai Strengthens Global Lead in Creative Sector Investment

Arabian Post

time03-06-2025

  • Business
  • Arabian Post

Dubai Strengthens Global Lead in Creative Sector Investment

Arabian Post Staff -Dubai Dubai has solidified its position as the premier global destination for greenfield foreign direct investment in the cultural and creative industries , securing the top spot in the Financial Times' fDi Markets ranking for the third consecutive year. In 2024, the emirate attracted 971 CCI projects, marking an 8% increase from the previous year. These ventures brought in AED 18.86 billion in capital inflows, a surge of nearly 60% compared to 2023, and generated 23,517 new jobs, reflecting a 9% year-on-year rise. ADVERTISEMENT The report evaluated 233 cities under the 'Creative Industries Cluster' classification, with Dubai outperforming major global hubs such as London and Singapore. Key growth areas within Dubai's CCI sector included advertising and public relations, film and media production, gaming, education, and advanced software design. According to the Dubai FDI Monitor, greenfield, wholly-owned ventures constituted 76.5% of all projects, while new forms of investment accounted for 15.4%, reinvestment 5.6%, and mergers and acquisitions 2.4%. Flexible government policies have played a significant role in boosting FDI flows into the CCI sector, enhancing Dubai's appeal to investors, entrepreneurs, and innovators. Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Dubai Culture and Arts Authority, stated, 'Through strategic planning and pioneering initiatives, Dubai has cultivated an environment that empowers creatives, investors, and entrepreneurs to realise their ideas and turn them into impactful, sustainable projects that enrich the emirate's cultural fabric.' The United States led in terms of FDI capital inflows into Dubai's CCI sector in 2024, contributing 23.2%, followed by India , the United Kingdom , Switzerland , and Saudi Arabia . In terms of the number of FDI projects, India topped the list with 18.8%, followed by the United Kingdom , the United States , Germany , and Italy .

Dubai tops again in creative industries cluster FDI
Dubai tops again in creative industries cluster FDI

Zawya

time03-06-2025

  • Business
  • Zawya

Dubai tops again in creative industries cluster FDI

Dubai has maintained its first place as the world's leading destination for greenfield foreign direct investment (FDI) in the cultural and creative industries (CCI), topping the Financial Times' fDi Markets ranking for the third consecutive year. The 2024 report, which assessed 233 cities under the 'Creative Industries Cluster' classification, placed Dubai ahead of global hubs such as London and Singapore. During the year, the emirate attracted 971 CCI projects — an 8% increase from 2023 — bringing in AED18.86 billion ($5.13 billion) in capital inflows, up nearly 60% from 2023, and generating 23,517 new jobs, a 9% year-on-year rise. All major CCI subsectors saw stronger performance, with notable growth in advertising and PR, film and media production, gaming, education, and advanced software design. According to the Dubai FDI Monitor, greenfield, wholly-owned ventures made up 76.5% of all projects, while new forms of investment represented 15.4%, reinvestment 5.6%, and mergers & acquisitions (2.4%). Data from the Dubai FDI Monitor and the Dubai Framework for Cultural Statistics show that the US accounted for the largest share of capital inflows in 2024, at 23.2%, followed by India (13.4%), the United Kingdom (9.4%), Switzerland (7.6%), and Saudi Arabia (4.8%). India led in both the number of projects (18.8%) and jobs (18.5%), while the UK, US, Germany, Italy, and France also featured prominently across both metrics. Investor confidence continues to be driven by Dubai's pro-business reforms, including Executive Council Resolution 11 of 2025, which enables free zone businesses to operate onshore, expanding commercial flexibility. The city's Zero Government Bureaucracy programme is also reducing red tape across more than 2,000 federal procedures. Combined with strong intellectual property protections and advanced digital infrastructure, these initiatives have helped establish a regulatory framework marked by efficiency, transparency, and ease of doing business. Insights from the 'Creative Dubai: Navigating Tomorrow's Creative Landscape' report illustrate how this ecosystem is scaling with demand, pinpointing investment opportunity hotspots in design, immersive media and AI-driven production. Dubai continues to offer investors access to top-tier talent, competitive setup costs, and strategic connectivity. The 2024 FDI results underscore the city's rise as a global hub for innovation and one of the world's most attractive environments for creative enterprise. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (

Dubai tops again in creative industries cluster FDI
Dubai tops again in creative industries cluster FDI

Trade Arabia

time02-06-2025

  • Business
  • Trade Arabia

Dubai tops again in creative industries cluster FDI

Dubai has maintained its first place as the world's leading destination for greenfield foreign direct investment (FDI) in the cultural and creative industries (CCI), topping the Financial Times' fDi Markets ranking for the third consecutive year. The 2024 report, which assessed 233 cities under the 'Creative Industries Cluster' classification, placed Dubai ahead of global hubs such as London and Singapore. During the year, the emirate attracted 971 CCI projects — an 8% increase from 2023 — bringing in AED18.86 billion ($5.13 billion) in capital inflows, up nearly 60% from 2023, and generating 23,517 new jobs, a 9% year-on-year rise. All major CCI subsectors saw stronger performance, with notable growth in advertising and PR, film and media production, gaming, education, and advanced software design. According to the Dubai FDI Monitor, greenfield, wholly-owned ventures made up 76.5% of all projects, while new forms of investment represented 15.4%, reinvestment 5.6%, and mergers & acquisitions (2.4%). Data from the Dubai FDI Monitor and the Dubai Framework for Cultural Statistics show that the US accounted for the largest share of capital inflows in 2024, at 23.2%, followed by India (13.4%), the United Kingdom (9.4%), Switzerland (7.6%), and Saudi Arabia (4.8%). India led in both the number of projects (18.8%) and jobs (18.5%), while the UK, US, Germany, Italy, and France also featured prominently across both metrics. Investor confidence continues to be driven by Dubai's pro-business reforms, including Executive Council Resolution 11 of 2025, which enables free zone businesses to operate onshore, expanding commercial flexibility. The city's Zero Government Bureaucracy programme is also reducing red tape across more than 2,000 federal procedures. Combined with strong intellectual property protections and advanced digital infrastructure, these initiatives have helped establish a regulatory framework marked by efficiency, transparency, and ease of doing business.

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