Another affordable housing cluster set for sale in Dubailand

23.07.2017

Dubai Properties has launched affordable apartments sales in Remraam residential community located in Dubailand district of Dubai, which will accommodate 4,000 apartments, plus shopping and community centers.

Remraam community includes 34 residential clusters consisting of 68 buildings. Upon full completion, it will accommodate 4,000 residential units, a shopping mall and a community center in the territory, as well as a nursery and other amenities of up-to-date infrastructure in walking distance. And one of these 34 community clusters became recently available to buy property in.

Developer Dubai Properties has launched off-plan two bedroom apartment sales in the next phase of the project. At this stage apartments are offered for sale at a price starting from AED448,000,with completion scheduled for 2019.

Each community cluster will have a gym, a swimming pool, children's playground and a spacious multi-purposed hall.

According to developers of the off-plan projects in ​​Dubailand area, such property-buying schemes in this Dubai area provide real estate end-buyers, as well as investors, a unique opportunity to purchase quality housing at an affordable price in a conveniently located family-type community with a host of additional amenities. Besides, return on investment in local property remains one of the highest among all other Dubai districts, whether it's a modest studio in Remraam, or branded apartments in Vincitore "palaces" in the Arjan community, or compact townhouses from Damac in its Akoya Oxygen, with favorable payment plans and a number of other valuable advantages.

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Lease process (Rent out)

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)

1 hour

Contract of the lessee and agency.

Up to 5 days

Real estate search.

Selection of optimal options.

Up to 2 days

Signing of the lease agreement

Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process

1 hour

Contract of the tenant and agency.

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

1 Week

Registration of the contract of purchase / sale

Customer charges:

  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration

Additional services:

Property management

Sales Process

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

None

the management process

1 hour

Contract of the owner and agency

1 year

Rendering of management services

1 day

Reporting

Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process

1 hour

Contract of the tenant and agency.

From 3 days

Selection of optimal investment options

1 Week

Registration of the contract of purchase / sale

Expenses of the investor:

  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration

Additional services:

Property management