Samana Unveils Lake Views 2 Complex in Dubai’s Production City

Dubai is currently witnessing the demand for waterfront and lakeside residential communities. Developers are in a race to fetch the piece of the pie.

Acting on its philosophy of ‘On Time, Every Time, Samana Developers was proactive and launched not one, but two towers that have a stunning a walk-away lake view in Dubai Production City. The developer has branded them as Samana Lake Views 1 & 2 .

The launch of Samana Lake Views 2 affirms company’s position as one of the fastest growing real estate developers in Dubai. The combined value of both projects is a staggering Dh1 billion ($272.2 million). This is just the beginning of the waterfront residences that Samana lately promised to its investors who hail from the UAE, Europe, GCC, India, Pakistan, Africa, Russia and China.

Samana Lakes Views is the fulfillment of Samana’s commitment of Dh12.5 billion ($3.4 billion) investment into Dubai real estate this year.

The 3B+G+21 and B+G+2P+17 projects span over a 794,000 square feet plot comprising 1,006 apartments which include studios, one and two bedrooms. All 1,006 apartments are smart homes and come with private pools.

Scheduled for handover in October 2027, Samana Lake Views promises investors, homeowners and end-users a quality lifestyle, 8% return on investment, high rental yield and capital appreciation.

Speaking about the same, CEO of Samana Developers, Imran Farooq stated: “Our new project is the beginning of an expansion to a new dimension of designs that are planned near waterfront developments. This is in response to the demand from our investors who prefer resort-style communities as well as the prices that are within the reach.”

Key features of the Samana Lake Views complex include the private pools and smart homes, along with the standard amenities. The two bedrooms come with maid rooms too.

“Our properties are seen as the assets that bring higher potential for rental income and capital appreciation. That not only appeals to UAE expatriates but investors from the US, Europe, GCC and Asian countries as well”, Imran added.

Samana Lake Views project offers a convenient 8-year payment plan, a five-year post-handover plan, and an option of 1 per cent or 0.5 per cent monthly instalments. Easy instalments make homeownership more accessible for buyers. Prices at the project start from Dh639,000 ($178,000).

Why Waterfront Properties

Post Covid, there has been a pent-up demand for healthier communities where residents can have lots of air, water, greenery, and plenty of space to move in and out.

Most of Dubai developers have launched mesmerizing beachfront, waterfront and lakeside communities with crystal clear water. It enhances the beauty of Dubai, making the city the top destinations to invest and live. And adding to it is Samana Lake Views, an architectural marvel in Dubai Production City is one of the most sought-after developments.