Name: Imran Farooq
Designation: Chief Executive Officer
Company: Samana Developers
Category: Developer Titans
Imran Farooq, Chief Executive Officer of Samana Developers, exemplifies the spirit of long-term vision and strategic entrepreneurship. His journey began in 1996, at just 22 years of age, a remarkably early start that laid the foundation for a career marked by diversification, resilience, and foresight.
Over the past 29 years, Farooq has successfully navigated a wide array of industries, including IT solutions, real estate underwriting, and HVAC systems. He has also made his mark as an angel investor for other real estate ventures alongside operating the third-largest business center in the UAE. These experiences provided the depth and perspective that would later define the direction of Samana Developers.
In 2017, recognizing a significant opportunity in the Dubai property market, Farooq transitioned his focus fully to real estate development. Since then, under his leadership, Samana Developers has evolved into a dynamic force with a portfolio valued at over AED 17 billion. With a 4.4% share of Dubai’s competitive real estate market, the company has firmly established itself as a key player, an achievement fueled by its forward-looking strategy and sharp understanding of market demands.
In 2024, it ranked as the 7th largest developer in off-plan sales, further underscoring its rising influence in the sector. What distinguishes Samana Developers is its ability to anticipate emerging trends and meet evolving consumer expectations. The brand’s unique value proposition includes resort-style residences with private pools in apartments, an offering that blends luxury with affordability. The developer is also known for flexible payment plans with extended tenures, making premium living more accessible to a broader demographic. High rental yields, and timely project delivery with uncompromising quality have earned the trust of both end-users and investors alike.
In 2024 alone, Samana Developers has launched 12 new projects, further cementing its role as a key player in Dubai’s real estate growth story. The company provides a diverse range of investment opportunities across residential, commercial, and retail properties. It also offers exclusive branded residences in collaboration with Elie Saab and is set to introduce ultra-luxury developments in the World Islands. His career reflects strategic growth and a steadfast pursuit of excellence.
