Remraam

AED 894
1.02%
0.45%
-0.45%
90%
-1.35%
8.05%
Historical Price Change of Apartments in Remraam

These are the average Vital Stats for Remraam for 2017 Q2.
You can dig deeper and analyze data for individual properties in Remraam under Transaction Prices and Historical Data.

Remraam is an gated residential community consisting of low-rise apartment blocks along Dubai by-pass road. The project's developer, Dubai Properties, is expanding the project through its second phase currently under-construction. Dubai Properties has launched 2 new buildings (details below) with units starting from AED 448,000.

Property Types Available: Apartments
Location: Dubai Bypass Road
Status: Ready
Year Launched: 2007
Year Completed: 2013
Developer: Dubai Properties Group
Title Type: Freehold
Quality Classification: Mid-end
Height Classification: Low-rise
Life Cycle: Emerging
Ready Buildings: 54
Under Construction Buildings: 36
Ready Apartments: 3,134
Under-Construction Apartments: 2,088
Floors: 6

Investment Feasibility & Decision Drivers

Snapshot summary for investing in Remraam

Investment Score

Value for Money
80%
Project Uniqueness
75%
Location & Connectivity
70%
Rental Yield Expectation
75%
Capital Growth Expectation
70%
More information on investment scores

Total Score

Synopsis

Sale Status: Units available in primary & secondary market

Payment Plan: Average payment-plan

Ideal for: End-Users & Investors

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What Our Experts Think

Remraam is an established community in Dubailand. The unique selling point for Remraam is the fact that it is extremely green, it comprises a number of low-rise apartment buildings, is family-friendly and has a number of excellent community facilities.

The developer has recently launched 2 new buildings featuring one and two bedroom apartments along with two bedroom plus maids room. Prices are expected to start at AED 448,000. We expect demand to be fairly high for this project given that it is within an already established community and is fairly priced.

Buy, rent or sell in Remraam

Studios from AED 480,000. 1 Bedrooms from AED 670,000

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About Remraam

Please note: Remraam is one of the 60 major communities in freehold Dubai where Lookup.ae reports quarterly prices. We track the prices of Studio, 1, and 2 bedroom apartments and this data can be viewed in more detail under this section's Transaction Prices and Historic Data sections.

UPDATE: New Launch in Remraam

Dubai Properties is launching two new buildings in Remraam on Saturday, July 15, 2017. These are two G+5 buildings with 4 wings featuring one and two bedroom apartments, as well as two bedroom plus maids room.

The developer is offering a 40-60 payment plan: 5% down payment, 35% during construction period, & 60% upon handover (Q4-2019).

Sizes:

- 1 Bed: 396 sq. ft. - 811 sq. ft.

- 2 Bed: 950 sq. ft. - 1,240 sq. ft.

- 2 Bed + M: 1,200 - 1,384 sq. ft.

Prices start from AED 448,0000.

This is an already established community - details of completed phase of Remraam below.

General Guide

Remraam was announced in 2007 by Tatweer, which was a subsidiary company of Dubai Holding. The ownership and management of the project has since passed to its sister concern, Dubai Properties Group. Remraam was announced at a time when affordability in Dubai was a major concern and demand was immense for an affordable community.

At its onset, there were concerns about its location, which is along Dubai Bypass Road but today, increasingly, this area and its surroundings are rapidly emerging with a number of projects occupied and under-construction.

The unique selling point for Remraam is the fact that it is extremely green, it comprises a number of low-rise apartment buildings, is family-friendly and has a number of excellent community facilities.

The first buildings in Remraam were delivered to residents in 2013. Since then, Dubai Properties have launched a number of new buildings (which are under-construction) and the community's first retail area commenced operations in 2014.

In July 2015, Geant (the major supermarket chain) opened up a new outlet in the Remraam community.

Apartment Types & Sizes in Remraam

Studios typically have internal areas of 493 sq. ft., but balcony sizes can vary.

1 Bedrooms typically have internal areas of 630 - 750 sq. ft., but balcony sizes can vary.

2 Bedrooms typically have internal areas of 933 - 1,073 sq. ft., but balcony sizes can vary.

3 Bedrooms typically have internal areas average 1,385 sq. ft., but balcony sizes can vary.

When buying a unit in Remraam, balcony sizes will vary for all property types and ultimately end up affecting the asking price.

Factors affecting price in Remraam

- Balcony sizes of the units.

- Whether the kitchen is closed or open. Closed kitchens attract their own particular set of clientele and are usually preferred by buyers of Asian & Middle Easter ethnicity.

- Building location within Remraam.

- Proximity to amenities and retail.

- Whether the unit is vacant or occupied.

Current Status

As of March 2016, the Al Thamam phase (Phase 1) is 100% completed, handed over and mature.

The second phase is only partially ready and construction continues in the Al Ramth phase.

Dubai Land Classification Details:

Land Number: 43

Project Number: 975

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

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Amenities of Remraam

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