Latest news with #offplan
Khaleej Times
15-07-2025
- Business
- Khaleej Times
Samana Developers becomes fifth highest off-plan seller in Dubai
Samana Developers, an award-winning real estate developer based in Dubai, has announced its ranking as the fifth highest off-plan seller in volume for the first half of 2025, according to Property Monitor and Oqood. This achievement reflects a period of unprecedented growth, record-breaking sales, and a robust pipeline of new projects, firmly establishing Samana Developers as a leading force in Dubai's thriving real estate market. Samana Developers has demonstrated an extraordinary trajectory in recent years. The company achieved a staggering 600 per cent growth in 2023 and secured a 2.8 per cent market share in off-plan sales during the same year. This rapid expansion propelled Samana into the esteemed ranks of Dubai's top seven developers in 2024, where it now commands a noteworthy 4.4 per cent market share in off-plan sales and manages a substantial portfolio valued at over Dh17 billion. June 2025 marked a historic milestone for Samana Developers, with best-ever monthly sales reaching an unprecedented Dh1.1 billion. This outstanding performance contributes to a robust 40 per cent growth in sales for the first half of the year compared to the previous year, solidifying Samana's position as the fifth among top property developers in off-plan sales for H1 2025 in Dubai. A significant factor in this success is the strong international demand, with 86 per cent of Samana Developers' sales attributed to foreign investors, further highlighting Dubai's enduring appeal as a secure and high-growth investment destination. Samana Developers launched 12 new projects in 2024 alone. Building on this momentum, the company has set an ambitious target to launch 18 projects by the end of 2025, adding eight more than their target for 2024. Samana Developers has already delivered four projects to date and plans to hand over an additional four by the close of 2025, further solidifying its reputation for timely delivery and quality construction. Commenting on this achievement, Imran Farooq, CEO of Samana Developers stated: "Our exceptional growth, including a 40 per cent increase in sales in H1 2025, is a direct reflection of Dubai's robust and expanding real estate market. The latest data indicates that the overall Dubai residential sales, combining villas and apartments, have risen by 38 per cent in value in the first half of 2025 compared to the same period last year, reaching Dh 262.7 billion. This strong market performance, fuelled by sustained investor confidence and a growing population, provides an ideal environment for our strategic expansion and commitment to delivering high-quality, innovative projects." Samana Developers has become widely regarded for its pioneering approach to "resort-style living." Their developments consistently feature an array of luxurious amenities, including private swimming pools in many units, expansive green spaces, state-of-the-art fitness centres, and tranquil terraces. This focus on creating immersive, vacation-like residential experiences sets Samana apart, offering residents an unparalleled blend of comfort, wellness, and sophistication within an urban setting.
Arabian Business
14-07-2025
- Business
- Arabian Business
Dubai real estate transactions jump 23% in H1 2025 as market enters ‘stabilisation phase'
Dubai's residential real estate market continued its strong trajectory in the first half of 2025, with transaction volumes increasing 23 per cent year-on-year to 91,897 sales across both secondary and off-plan markets, according to a new report from Espace Real Estate. The first half of the year saw robust activity, buoyed by sustained demand for both off-plan and ready properties. While overall transaction volumes remained strong, a closer look at community-level data indicates that the market is now entering a stabilisation phase of the cycle, according to Espace analysis. Dubai real estate In many of Dubai's most established communities, slightly lower levels of transactional activity were recorded. However, both rental and capital values continued to rise, highlighting a shift toward long-term residency. John Lyons, Managing Director at Espace Real Estate, said: 'In H1 2025 the Dubai residential real estate market continues to demonstrate remarkable resilience and growth. Transaction volumes remained robust, buoyed by sustained demand for both off-plan and ready properties'. Off-plan transactions accounted for 59 per cent of all residential activity in H1 2025, a slight decrease from 61 per cent during the same period last year, the report noted. As of H1 2025, 17,013 off-plan units were completed, reflecting a notable increase in available rental stock. This new supply is contributing to a moderation of rental price growth across the wider market, particularly in newly handed-over communities. The report notes a shift in resident behaviour, with a growing number of people now viewing Dubai as a long-term home rather than a short-term expat base. This evolution is supporting greater stability in the market and contributing to more measured, sustainable growth. The luxury segment experienced particularly strong performance, with properties priced above AED20m ($5.4m) recording the largest increase in transaction activity both year-on-year and compared to H2 2024. This reinforces the ongoing trend of Dubai continuing to attract global wealth. Notably, changes to the so-called 'non-dom' tax regulations in the UK have prompted many ultra-wealthy UK residents to relocate to Dubai. Villa and townhouse communities recorded a clear divergence from the apartment segment in terms of price appreciation. Of the 20 villa and townhouse communities tracked in this report, 19 saw price increases, with the average rise standing at 19 per cent. The limited supply within this segment continues to drive price growth. Average selling prices increased in 10 out of the 11 apartment communities tracked, although at a more moderate pace than H1 2024. The average increase was 8 per cent in H1 2025 compared to 17 per cent during the same period last year, suggesting a more moderated pace of growth in this segment. Rental activity has slightly declined in the communities tracked in the report, largely due to greater availability across the market. While prices have continued to rise, the handover of new communities is helping to balance demand with supply, keeping rental price increases from accelerating further. At Espace Real Estate, buyer activity continues to highlight Dubai's strong global appeal, with demand driven by a broad mix of international buyers. While the UK has long remained the top source of investors, there is growing interest from across Europe, North America and Asia Pacific. This trend reflects Dubai's rising status as a long-term home for wealthy global citizens. As market conditions evolve, the report suggests the current moderation may ultimately contribute to more sustainable long-term growth for Dubai's property sector.
Zawya
14-07-2025
- Business
- Zawya
Samana Developers ascends to 5th highest off-plan seller in Dubai, bolstered by record-breaking sales and ambitious expansion
DUBAI, UAE – Samana Developers, an award-winning real estate developer based in Dubai, is proud to announce its ranking as the 5th highest off-plan seller in volume for the first half of 2025, according to Property Monitor and Oqood. This impressive achievement reflects a period of unprecedented growth, record-breaking sales, and a robust pipeline of new projects, firmly establishing Samana Developers as a leading force in Dubai's thriving real estate market. Ascending the Ranks: Rapid Growth and Market Share Samana Developers has demonstrated an extraordinary trajectory in recent years. The company achieved a staggering 600% growth in 2023 and secured a 2.8% market share in off-plan sales during the same year. This rapid expansion propelled Samana into the esteemed ranks of Dubai's top seven developers in 2024, where it now commands a noteworthy 4.4% market share in off-plan sales and manages a substantial portfolio valued at over AED 17 billion. Record-Breaking Sales Performance June 2025 marked a historic milestone for Samana Developers, with best-ever monthly sales reaching an unprecedented AED 1.1 billion. This outstanding performance contributes to a robust 40% growth in sales for the first half of the year compared to the previous year, solidifying Samana's position as the 5th among top property developers in off-plan sales for H1 2025 in Dubai. A significant factor in this success is the strong international demand, with 86% of Samana Developers' sales attributed to foreign investors, further highlighting Dubai's enduring appeal as a secure and high-growth investment destination. Ambitious Project Pipeline and Timely Deliveries Samana Developers launched 12 new projects in 2024 alone. Building on this momentum, the company has set an ambitious target to launch 18 projects by the end of 2025, adding 8 more than their target for 2024. Samana Developers has already delivered four projects to date and plans to hand over an additional four by the close of 2025, further solidifying its reputation for timely delivery and quality construction. Commenting on this achievement, Imran Farooq, CEO of Samana Developers, stated: "Our exceptional growth, including a 40% increase in sales in H1 2025, is a direct reflection of Dubai's robust and expanding real estate market. The latest data indicates that the overall Dubai residential sales, combining villas and apartments, have risen by 38% in value in the first half of 2025 compared to the same period last year, reaching AED 262.7 billion. This strong market performance, fuelled by sustained investor confidence and a growing population, provides an ideal environment for our strategic expansion and commitment to delivering high-quality, innovative projects." Resort-Style Living: A Differentiating Factor Samana Developers has become widely regarded for its pioneering approach to "resort-style living." Their developments consistently feature an array of luxurious amenities, including private swimming pools in many units, expansive green spaces, state-of-the-art fitness centres, and tranquil terraces. This focus on creating immersive, vacation-like residential experiences sets Samana apart, offering residents an unparalleled blend of comfort, wellness, and sophistication within an urban setting. 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.
Entrepreneur
14-07-2025
- Business
- Entrepreneur
Samana Developers Becomes Fifth Highest Off-Plan Seller in Dubai
You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. Dubai-based real estate developer Samana Developers has risen to the fifth position in off-plan seller volume for the first half of 2025, according to Property Monitor and Oqood. The milestone comes in the wake of a period of unprecedented growth, record-breaking sales, and new projects. The company achieved 600% growth in 2023 and secured a 2.8% market share in off-plan sales during the same year. This expansion propelled Samana into Dubai's top seven developers in 2024, where it now commands 4.4% market share in off-plan sales and manages a portfolio valued at over AED 17 billion. Image courtesy Samana Developers In June 2025, Samana Developers recorded its best-ever monthly sales reaching a value of AED1.1 billion. This performance contributed towards 40% growth in sales for the first half of the year compared to the previous year, solidifying Samana's position as the 5th among top property developers in off-plan sales for H1 2025 in Dubai. A significant factor in this success is the strong international demand, with 86% of Samana Developers' sales attributed to foreign investors, further highlighting Dubai's enduring appeal as a secure and high-growth investment destination. Samana Developers launched 12 new projects in 2024 alone. Building on this momentum, the company has set a target to launch 18 projects by the end of 2025- eight more than their target for 2024. Samana Developers has already delivered four projects to date and plans to hand over an additional four by the close of 2025, further solidifying its reputation for timely delivery and quality construction. Image courtesy Samana Developers "Our exceptional growth, including a 40% increase in sales in H1 2025, is a direct reflection of Dubai's robust and expanding real estate market," Imran Farooq, CEO of Samana Developers, said in a statement. "The latest data indicates that the overall Dubai residential sales, combining villas and apartments, have risen by 38% in value in the first half of 2025 compared to the same period last year, reaching AED 262.7 billion. This strong market performance, fuelled by sustained investor confidence and a growing population, provides an ideal environment for our strategic expansion and commitment to delivering high-quality, innovative projects." Related: Samana Developers Clinches AED1.1 Billion in Sales in June 2025
Gulf Business
04-07-2025
- Business
- Gulf Business
Dubai real estate Q2 '25 sales transactions hit Dhs184.9bn: Property Finder
Image: Dubai Media Office/ For illustrative purposes Dubai's real estate sector recorded its strongest quarter on record in Q2 2025, with 53,252 property sales transactions totaling Dhs184.3bn, according to data released by real estate portal, Property Finder. The figures mark a 22 per cent year-on-year increase in transaction volume and a 49 per cent surge in value, reflecting Dubai's status as one of the world's most resilient and attractive property markets. The historic performance builds on a robust Q1 and reflects sustained confidence from both investors and end-users amid global economic uncertainty. Ready real estate market drives growth Dubai's ready property market led the gains with 22,975 transactions, a 33 per cent increase from Q2 2024. Transaction value rose by 62 per cent to Dhs115.5bn, up from Dhs71.3bn last year — surpassing previous peaks in both value and volume. The segment contributed 43 per cent of total market activity, as rising rental prices pushed more residents toward home ownership. According to Property Finder, the shift indicates a longer-term trend away from renting and into owner-occupied homes. Off-plan segment sets new record The off-plan segment also delivered record-breaking results, with 30,277 transactions, up 16 per cent year-on-year, and a total value of Dhs68.8bn, a 31 per cent increase over Q2 2024. The segment accounted for 57 per cent of total Q2 transactions, reflecting investor confidence in Dubai's regulatory stability and future growth. Cherif Sleiman, chief revenue officer at 'As our data shows, the diversity of options in the property market today, especially across apartments, villas, and townhouses, reflects a healthy and active ecosystem,' said Sleiman. 'This balance between demand and inventory signals market maturity rather than oversupply.' Sleiman also welcomed the The programme is aligned with Dubai's 2040 Urban Master Plan and is supported by Property Finder in partnership with the Dubai Land Department (DLD) and the Dubai Department of Economy and Tourism (DET). Outlook of sustained growth With both ready and off-plan segments achieving a robust performance, Dubai's real estate sector appears well-positioned for sustained growth. The latest data from Property Finder suggests the market is maturing while remaining globally competitive, offering a mix of affordability, stability, and long-term value for domestic and international buyers.
