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Remraam construction on track

Dubai, August 17, 2009

Construction work on Remraam, a major self-contained community development in Dubai, is on schedule with notable progress achieved on all phases of the development.

Contractors, working simultaneously on all aspects of the prestigious 22.6 million sq ft community, have completed the superstructure on a substantial number of buildings to their full heights, a statement said.

In addition, 90 per cent of the excavation work has been completed, while the foundation for over 70 per cent of the buildings has been poured, while infrastructure work throughout the development is progressing as planned, according to the statement.

The statement added that interior design has been finalised and interior finishes for apartments have also commenced.

A model apartment has been completed with enhanced fixtures and finishes and a mock-up/show building is in progress and will soon be open for investor viewing.

“The Remraam community is steadily taking shape and has met several key construction milestones in the past month,” said Saeed Bushalat of Dubai Properties Group.

“This progress confirms our commitment to our investors and to the scheduled delivery of this groundbreaking development,” he added.

“Remraam has always been guided by customer insights and inspired by our investor’s lifestyles and needs. Our enhanced product offering is in keeping with the customer-centric approach to our business.”

Remraam is fully compliant with all RERA (Real Estate Regulatory Authority) regulations and has converted its customer payments schedules from fixed payments to a timeline based on construction milestones that will be independently verified.

In addition, Remraam investors have been offered several options to assist them during the current economic crisis, including incentives that will reward prompt payments with a reduction of up to 30 per cent on their purchase price.

Set across 22.6 million sq ft and combining upscale community living with a value for money proposition, the Arabian-themed development features low-rise architecture, high quality standards and an outstanding location within Dubailand, ideal for a wide range of potential homeowners.

When fully completed, Remraam will be a self contained community, offering lush landscaping covering over 85 per cent of the  development and a range of facilities including swimming pools, a gym and health club, sauna and steam rooms, tennis and basketball courts, a full-fledged community mall with restaurants and entertainment outlets, in addition to retail outlets, nursery, parks and walkways. – TradeArabia News Service




Tags: Dubai | Community | Remraam |

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