Sama Dubai

Sama Dubai property developer

Thursday 24 July 2008 (UAE)

www.dubaifaqs.com

Sama Dubai, part of Dubai Holding


Sponsored Links

'Sama' is Arabic and means sky, or to reach for the sky.

Sama Dubai is part of the Dubai Government owned Dubai Holding group, and is a real estate developer/investor that aims to build up a portfolio of premium real estate projects in areas including

business parks
industrial parks
marinas
mixed use towers
residential communities
resorts & spas
shopping malls

Salam Dubai develops some of its projects under the 'Dubai Towers' brand, or the 'Salam' brand.

Sama Dubai projects portfolio

Note that scheduled completion dates from many developers in Dubai have turned out to be optimistic by several months, or even years.

Amwaj Rabat, Morocco - $3 billion project first announced May 2005. On the banks of the Bouregreg River in the Bouregreg Valley Development between Rabat and Sale, near the Atlantic Ocean. Area about 121 hectares, has a North African theme. The usual apartments, shops, etc with canals running between them.
Century City & Mediterranean Gate, Tunisia - $14 billion joint venture between Sama Dubai and the Tunisian Government announced Aug 2007. First buildings complete by 2010, whole city ready by 2018 or 2023 depending on what you read. Area of 800-900 hectares (varying figures seen) with a population of 300-500 thousand people (comparable to the population of Dubai in the early to mid-1990s)
Dubai Towers Doha, Qatar - luxury boutique upscale lanmark blahblahblah shops, apartments, offices etc worth $550 million. Construction started June 2007, completion scheduled for mid 2010.
Dubai Towers Dubai, UAE - not the Dancing Towers designed by Zaha Hadid but they have a similar wobbly style. The Dubai Towers design is supposed to be inspired by flickering candles. Four towers of 57-94 floors, located in The Lagoons, consists of offices, apartments, hotel, shopping, etc. Launched Dec 2006, planned completion mid-2010 or end 2009 depending on source (don't expect to move in until 2011 though).
Dubai Towers Istanbul, Turkey
Mediterranean Gate, Tunisia - see Century City
Marina de Casablanca, Morocco
Salam Resort, Bahrain. Also called Salam Bahrain.
The Lagoons - a very large mixed use development (small city actually) in the Ras Al Khor area of Dubai
Yiti Resort & Spa, Yiti, Oman - $1.3 bn project launched Oct 2007, first announced June 2005 (with an end of 2007 completion date!). Also called Salam Yiti. Golf course with 5-star hotels, marina, villas, some freehold. Area 4.2 sq km. Phase one completion mid 2010

Sama Dubai subsidiaries

Dubai International Properties
SmartCity - see below

SmartCity - a Sama Dubai & TECOM joint venture

SmartCity (not Smart City) is a joint venture between Sama Dubai and TECOM Investments (another Dubai Holding subsidiary with telecommunication related operations and investments). The SmartCity concept is based on the Dubai Internet City, Dubai Knowledge Village, and Dubai Media City developments in Dubai and is intended to be implemented in various locations around the world - their goal is one SmartCity on each continent.

SmartCity Kochi, Kerala, India. Agreement signed May 2007 between SmartCity and Government of Kerala. Business park area to be 1 million sq m, investment of about $350 expected.
SmartCity Malta is a $300m ICT and media development in the Ricasoli Industrial Estate of Malta, to be established by SmartCity together with the Maltese Government, which will provide 0.36 million sq m of land. Project could be completed by 2014 (information not confirmed). Masterplan revealed Sep 2007.

Sama Dubai management and other information

CEO / Executive Chairman is Farhan Faraidooni (Dec 2006)
COO is Tayeb Al-Rais (appointed Oct 2007)
Sama Dubai-EC Harris project management - joint venture with EC Harris, a London based real estate and management consultancy with offices around the world. JV announced June 2007.

Sama Dubai contact details

Sama Dubai, Dubai Healthcare City, Buildings 51 and 52 (new location, moved from Emirates Towers)
PO Box 72527
Dubai, United Arab Emirates
Tel +971-4-4279100, fax +971-4-3635305, email info@sama-dubai.com
Sama Dubai, Qatar Office
PO Box 22513, Doha, Qatar
Tel +974-4858444, fax +974-4934933
Sama Dubai, Emirates Towers 6th floor, tel +971-4-3300055, fax +971-4-3304466 Obsolete (left here for reference only)