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Dubai Properties Launches Additional Clusters For Sale in High-Demand Remraam Community
(16 July 2017)

 

Dubai Properties, a leading Dubai-based real estate master developer and asset manager of renowned destinations across the emirate, announced the launch of sale of new units in the next phase of the Remraam community development, strategically located within Dubailand, at an attractive price starting from AED448,000. The off-plan units, comprising one and two- bedroom apartments, will be ready for handover by end-2019.

The launch presents an attractive investment opportunity in the sought-after family-friendly development. Featuring contemporary design, each of the new clusters will include a gym, pool, kids play area, and a multipurpose hall. The apartments will boast extra storage space and the kitchens are to be equipped with state-of-the-art appliances for the convenience of the residents.

The Remraam community is a prime example of the high-quality affordable housing that investors have come to expect from Dubai Properties. In line with Dubai leadership’s vison to provide cost-effective housing solutions in the emirate, the developer is committed to driving real estate growth through the mid-market segment.

Marwan Al Kindi, Executive Director of Sales and Sales Operations at Dubai Properties, said: “We are excited to introduce yet another high-return-on-investment prospect within our popular Remraam development to the market. The new units provide first-time home buyers and investors with the unique opportunity to own quality property at affordable price points in a family-focused community that is conveniently located and includes a wide range of facilities.

He added: We continue to see a strong demand for affordable housing units in Dubai. The increased supply of units in the mid-market segment is proving beneficial to landlords and tenants alike, offering most renters a chance to upgrade their status to property owners.

Remraam, the popular and vibrant community launched in 2014, comprises a total of 34 clusters including 68 buildings and over 4,000 apartments, featuring all the necessary amenities – including a retail centre, a community centre, and a nursery– within walking distance. The pedestrian-centric commmunity is set amidst serene, purpose-built green open spaces and offers superior connectivity to the wider emirate. Conveniently located between Jebel Ali Free Zone and Al Maktoum International Airport, Remraam is only 20 minutes away from Mall of the Emirates, 15 minutes from the Expo 2020 site, and just 30 minutes from Downtown Dubai.

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