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Properties for Sale in Remraam

Remraam

Properties for Sale in Remraam

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About the neighbourhood

Remraam is a gated residential neighbourhood with 56 buildings in the western part of Dubailand. The project was implemented by Dubai Properties Group. The neighbourhood consists of two autonomous communities: Al Thamam and Al Ramth. The first part of the project was completed in 2013. Properties are located among local parks in light-colored buildings featuring a Moorish style. The development was designed to resemble the sun with open green space at its centre and multi-storey houses radiating out from the middle like sun rays.

Remraam offers studios and apartments with one, two, and three-bedroom layouts. Each unit is surrounded by landscaped areas with a playground for children and parking. The communities also have swimming pools and sports areas.

The project aims to provide its residents with easy access to a healthy lifestyle. The neighbourhood offers plenty of recreation areas and sports facilities, including tennis courts, basketball courts, soccer fields, volleyball courts, walking paths, yoga spaces, and outdoor fitness areas.

The neighbourhood has several child development and education facilities, including Tiny Town, Blossom Mudon, Ranches Elementary School, South View School, and Gems Metropole, which are located within a 10-minute drive of the residences.

Remraam is also located near many retail stores and essential service providers, such as supermarkets, beauty salons, pharmacies, laundromats, restaurants, cafés, and food delivery services. Medical centres and clinics are located in neighbouring communities. The nearest facility is the NMC hospital, which includes an emergency service. It is located within a 13-minute drive of the residences.

The Emirates Road highway runs near the neighbourhood, and the F29 and F30 buses provide routes to Remraam. The Al Maktoum International Airport is situated within a 13-minute drive of the area.

Economic attractiveness

Remraam offers many attractive investment opportunities and is part of the freehold zone. It was previously cut off from the city due to a development freeze on neighbouring plots. However, construction resumed after the site was approved for Expo 2020. New commercial outlets and infrastructure facilities are being planned for the area, which is likely to increase the economic attractiveness of the neighbourhood.

New buildings are being added to the master plan, and potential buyers have the opportunity to purchase real estate under construction at favourable terms.

An investment can be recouped through rent or subsequent resale. The minimum rent for studios in the area is AED 24,000 (USD 6,534), per year. The price of a three-bedroom apartment the size of 138 sq. m (1,495 sq. ft) can reach AED 76,000 (USD 20,691), per year. According to real estate market analysts, Remraam has an annual ROI of 8.1%.

*The price is valid for 2022

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Developers in Remraam

Top real estate projects

Remraam offers units that were designed for comfort, and they are located within a short distance of many amenities. Based on demand analysis, a few of the best projects include the following residences:

Al Thamam 08 is a seven-storey building with a central entrance that divides the area into two parts. Its light facade is complemented with terracotta balconies and décor. It was commissioned in 2011. Units for sale include spacious apartments with one- and two-bedroom floor plans. The size of an apartment starts at 97 sq. m (1,048 sq. ft), and prices start at AED 450,000 (USD 122,515).

*The price is valid for 2022

Al Thamam 07 is a building with several levels. The tallest section has seven floors, and the rooftops of the other sections were designed for sports and recreation. Units for sale or rent include studios and apartments with one- and two-bedroom layouts. The cost of buying a two-bedroom apartment with an area of 106 sq. m (1149 sq. ft) is AED 900,000 (USD 245,031). The annual rental rate for a similar unfurnished unit costs AED 54,000 (USD 14,702), per year.

*The price is valid for 2022

Al Thamam 20 is a six-storey building with studios and apartments featuring one- to three-bedroom floor plans. The complex has a gym, sports fields, and a nearby barbecue area. A studio the size of 45.8 sq. m (493 sq. ft) can be rented for AED 25,000 (USD 6,806), per annum.

*The price is valid for 2022

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Attractions

Remraam offers plenty of entertainment and recreation venues, and it has plans for further development. Residents have easy access to a variety of amenities, including:

  • Public parks, gardens, and swimming pools with landscaped lounge areas
  • Oregano, a local Italian restaurant, hosts outdoor Family Days
  • The Al Ramth Community Centre offers entertainment events and themed gatherings
  • Dubai Miracle Garden is situated 11 km away from the neighbourhood and features millions of flowers assembled in whimsical arrangements

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