Dubai’s Samana Developers has unveiled a 24% guaranteed rental returns for its USD 54.4 mn (AED 199.81 mn) Samana Hills and Samana Greens located in Arjan, Dubailand, Invest-Gate reports.

Investors will also avail 10% down-payment and over 90 months installment scheme, in addition to an 8% net return given by the developer once the unit is fully paid.

The five-story Samana Hills project has a mix of studio, as well as, one and two-bedroom apartments that will be delivered by the fourth quarter of 2021. With studio apartments starting from AED 399,000 and one-bedroom units from AED 599,000.

Alan James Gammon, General Manager of Samana Developers, said: “We have a buyer-focused business model, with a win-win approach…Our sustainable business approach reflects our commitment to buyers in particular, and to Dubai’s real estate market in general.”

The award-winning G+4 Samana Greens project comes with ample parking space, landscaping, and other associated facilities, all spanning across a built-up area of 508,666 square feet. The residential project comprises several retail outlets, luxurious sauna and gymnasium, comfortable shopping area, ample parking and play area for children whilst being built to the largest green standards helping to reduce the carbon footprint.