SAMANA MYKONOS in Dubai Studio City, UAE № 227791

SAMANA MYKONOS Development description

Samana Mykonos is a new building in Dubai from the developer Samana Developers. The building is being built just a 20-minute drive from the center of Dubai in the multifunctional area of Dubai Studio City. Now the residential complex is under construction, and completion is scheduled for Q2 2025. The 6-storey building will house 198 studios and apartments with 1, 2 and 3 bedrooms. The area where the residential complex in Dubai is located at the construction stage of Samana Mykonos is developing as a center of the film and television industry in the UAE and has great potential in terms of real estate investment. In the future, it is planned to develop a cinema cluster like American Hollywood. From the windows of the building, there will be a view of the green spaces, the blue waters of the pool and the cityscape with golf courses. The reliable reputation of the developer, who has been working in the Dubai real estate market for more than 25 years, guarantees that the construction will be completed on time and that all the tasks outlined in the project will be performed flawlessly.

Architecture and design

With its appearance, the building resembles a snow-white cruise liner. The design is dominated by soft, smooth lines. In front of the house, there is a large swimming pool, next to which there is a zone with sun loungers. At the entrance, there is a luxurious lobby with high ceilings, a concierge desk and a place to relax in upholstered furniture. The lobby interior is designed in pleasant light shades. Private terraces belonging to residential residences are similar to the decks of a ship. In general, the architecture and design of the building create a resort atmosphere. The presence of many amenities, from a fitness center to a cinema on the territory of the residential complex, enhances the feeling of satisfaction and comfort.

Studios and apartments in Samana Mykonos

The area of studios and apartments in Samana Mykonos varies from 39 to 186 m2 and depends on the number of bedrooms in the selected residential facility. As of April 2023, the starting cost of studios is AED 700,000 ($193,500), 1-bedroom apartments AED 1.1 million ($304,000). Residences with 2 bedrooms cost from AED 1.5 million ($408,500), with 3 bedrooms from AED 1.9 million ($520,000). Prices for residential units will increase as construction work progresses, so it is better to specify the actual cost of residences before buying.

Each apartment in the residential complex has a private terrace with a swimming pool.

Lifestyle

Apartments in Samana Mykonos in Dubai Studio City are suitable for families looking for comfortable accommodation in a relatively inexpensive but very promising area near the center of the Emirate. There are several golf courses nearby, where representatives of the older generation will be able to spend their time with pleasure. In the residential complex itself, the presence of swimming pools, private terraces and landscaping will allow you to lead a resort lifestyle without leaving the community. Families will appreciate the proximity of kindergartens and secondary educational institutions and the fact that Miracle Garden is located just a 10-minute drive from the community – a place where many beautiful plants from all over the world grow. Since the building has apartments of a small area – studios and 1-bedroom apartments – it will also be convenient for lonely young professionals to live here, especially those who plan to link their careers with the TV or film business. Shops, supermarkets, hairdressers, beauty salons, restaurants and cafes are just a few minutes away from the complex. It takes about 15 minutes to get to the beaches on the Persian Gulf coast. It will take about the same amount of time to get to all the main districts and attractions of Dubai.

Real estate in Samana Mykonos for investment

Investments in real estate in Studio City will allow owners to receive a stable income from renting out residential premises in the near future. In Dubai Studio City, the annual profitability of studios is 6.3%, 1-bedroom apartments 6.9%, 2-bedroom apartments 6%. The highest return on investment in this location is demonstrated by apartments with 3 bedrooms – up to 7.5 per year. You can buy an apartment in Dubai at the construction stage directly from the developer at a price 15–30% lower than the market. Thus, immediately after the completion of the work and receipt of the keys, the owner will be able to resell the apartments purchased at the off-plan stage with a significant profit.