AL RAMTH 41
REEMRAM
LARGE 3 BEDROOM
RENT PER YEAR 115,000 AED
SIZE:2,670.68 SQ.FT.
READY TO MOVE IN
Recently people started noticing a bit of slow down in a speed of real estate market in Dubai. I’ve been approached with number of questions from investors as well as end users, about – What’s happening in real estate market in Dubai? If there any signs of property market crash in Dubai? What is the reason of current situation in Dubai property market? The answer for that question may cover various subjects yet can be simplified in a manner of understanding of supply and demand formula. Solid developers seeing or foreseeing property market and economical condition in Dubai, started to compete in launching new projects. Moreover, rules have changed in terms of payment conditions, whereas it use to be only 10% first payment, right after people could sell their property with higher premiums. Now, not anymore! Depending on the project, the requirement is to complete at least 40% of payment and then, first owner can sell property with or without premium. In short, – rules became more solid and tougher for people who used to make huge money on re-selling new projects and bubbling the property market in Dubai. Conclusion is there is more supply than demand at the moment, yet market still hold stability and there is no sign of downfall at the moment.
As one of the successful communities in Dubai Land area, – Remraam stands out with its strategic location, affordability and quality of amenities in the community. It is located on Emirates road, right behind Sport City, neighboring, Akoya, Mudon, Arabian Ranches and DWC ( Dubai World Central). Having 2 phases Al Thamam and Al Ramth handed over ( with partial ongoing construction in Al Ramth area), Remraam attracts medium to high level professionals with primary focus on having family friendly environment. Buildings in Remraam, are 5 to 7 floors with apartments ranging from studios , 1, 2, 3 bedrooms. Straight layouts, good quality windows, solid kitchen counter tops, bathrooms with full wall mirrors and in some units massive terraces. One can find suitable, apartment in Al Thamam, and Al Ramth with layout as per his taste, budget and lifestyle. Currently prices for properties in Remraam are very competitive, making it as one of the best destinations to invest. Prices are similar to JVC yet amenities and facilities are way better. Once the Hessa road will be made through Sport City, prices for the properties in Remraam will have another phase of jump. From last year, prices are gone almost 35% high yet did not reach its 2008 peak value.
If you are looking to invest, or simply buy good and affordable property in Dubai, you should consider visiting and comparing Remraam to another locations and communities keeping in mind property appreciation value with ROI after Akoya and Mudon will be handed over.
White Stallion Properties
BUILDING NO.7, OFFICE NO.405, BAYS SQUARE, BUSINESS BAY, DUBAI. P.O.BOX.20953
971 4 4506633
Call Mufaddal Hunaid on 971558409211 or email at for further details