Samana starts accepting cryptocurrency for sale transactions
DUBAI, 4 hours, 8 minutes ago Dubai-based Samana Developers has announced that it has begun accepting crytocurrency Dogecoin Crypto (with 5 per cent discount) as payment mode for its key Dubai projects such as Samana Golf Avenue, Samana Hills and Samana Greens. Samana Developers said its studio apartments are up for grabs with starting prices set at Dh399,000 ($108,617) onwards, while one- and two-bedroom units come with various payment options - from Dh599,000 onwards – thus making Samana projects more attractive to both end-users and investors. As per this special scheme, the Dubai developer will be offering 50% financing on its Samana Golf Avenue project; an attractive proposition for end-users and investors alike, and is the developers’ rent-to-own approach.
Have Dogecoin? Now, buy property in Dubai
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Dubai real estate firm plans to accept Dogecoin as payment
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Prestige Constructions, a UAE-based contracting company, commenced work on the project.
Samana Developers, part of Samana Group of companies, focuses on commercial and residential projects.
In addition to Golf Avenue, the developer plans to launch another two residential projects in 2021, including the Dh75m Samana Greens and Dh110m Samana Hills, both located in Arjan near the Dubai Miracle Garden, it said in a statement in February. Our end-user-focused approach reflects in our top ranking in sales of our two projects in Arjan, Mr Farooq said.
Dubai s property market is registering an uptick in deals this year on the back of a vaccine campaign that has sparked hopes of a quick post-pandemic recovery.