Subscribe     Pay Now

United Arab Emirates Procurement News Notice - 87259


Procurement News Notice

PNN 87259
Work Detail Abu Dhabi-based customers account for 20% of its sales Dubai-headquartered Samana Developers has opened an office in Abu Dhabi to tap the increasing demand for premium real estate from its clients in the emirate. The new office will be based in Al Falah Tower will house more than 40 property consultants and experts, the developer said in a press statement, adding that its Abu Dhabi clients currently account for 20 percent of its sales. CEO Imran Farooq highlighted that the new office represents the companys dedication to leveraging the UAEs growing real estate market and providing high-quality living solutions for its clients. “With Dubais primary real estate market hitting record highs, surpassing 180,900 transactions and achieving a remarkable 552.1 billion UAE dirhams [$150 billion] in sales value, we are thrilled to announce the launch of our new Abu Dhabi office,” he said. Samana Developers, which manages a portfolio valued at over AED16 billion ($4.4 billion) in Dubai, has also expanded internationally. The company recently partnered with renowned designer Elie Saab for the AED 2.2 billion ‘Samana Ocean Views Interior by Elie Saab’ in the Maldives. Last month, the company announced the delivery of its AED150 million, 176-unit Samana Park Views in Arjan. The developer had stated then that 10,000 units are under construction, with 30 projects launched and 45 under management. Samana is ranked seventh overall in off-plan property sales in Dubai.
Country United Arab Emirates , Asia
Industry Construction
Entry Date 14 Jan 2025
Source https://www.zawya.com/en/projects/construction/dubais-samana-developers-opens-abu-dhabi-office-amid-growing-real-estate-demand-khrsrbhw

Tell us about your Product / Services,
We will Find Tenders for you