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|20 September, 2018

Emaar Development launches Samara villas in Dubai

Samara villas project located at Arabian Ranches 2, Dubai.

Emaar Properties projects.

Emaar Properties projects.

Emaar/Handout via Thomson Reuters Zawya
Dubai – Mubasher: Emaar Development on Thursday announced launching Samara villas project located at Arabian Ranches 2, Dubai.

The project, which includes 177 villas, is nearby a golf course, polo club, and a Residents club, according to the company’s statement.

Three, four and five-bedroom villas are offered in four styles, and they are ideal for families seeking a relaxed lifestyle in one of Dubai’s most sought-after communities.

Villas are designed and masterly configured for a family-centric living, each villa has a private plot for gardens or outdoor decks.

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Moreover, residents will enjoy a large retail centre, specialty food and beverage outlets, salon, dedicated healthcare centre, day care centre and schools within the community

Customers can pay only 10% of the unit’s total cost and 10% when receiving the unit in November, while the rest of the cost will be paid over 5 years.

While the local property development unit of Emaar Properties gave no further details on the project's investment cost.

For the first half of 2018, Emaar Development posted a 68% year-on-year net profit hike during the first six months of 2018, recording AED 1.82 billion ($496 million).

By 11:34 am UAE time, Emaar Development’s stock rose 0.39% at AED 5.20.

Source: Mubasher

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