As an answer to the rising market demand for reasonable priced residential development, Recently a popular Dubai real estate developer endowed an amount of Dh 541 Million contract to the Engineering Contracting Co.LLC (ECC) for the development of the 18-buiding of its Remraam Community in Dubai Land.
There is a gap formed in the market due to difference in the earning capacity of the household in Dubai, for instance its varies from DH9000 to DH 15000 per month, so this new development plan is in the goal to bridge the gap.
The Chief Officer for Urban Planning and Infrastructure of this development, said: The chief aim is to incorporate developments that will be able to satisfy the requirements of the market. The presently rising demand in the market for residential properties which increases the popularity of Remraam community among mid income sector. The addition of 18 building to Remraam community is constructed as an answer to the demand of the population.
He also stated: This is a new breakthrough in the development of Remraam, this will more over provide a convenient, affordably priced homes for Dubai investors and residents in one of the city’s most strategic locations which is in close proximity to the Expo 2020 site.
South after Location:
Remraam Community is conveniently situated amid Jebel Ali Free Zone and Al Maktoum International Airport in the heart of DPG’s Dubai land destination and is adjacent to Motor City, Hamdan Bin Mohammed Bin Rashid Sports Complex and Arabian Ranches. Remraam offers convenient access to Sheikh Zayed Road and is also closely linked to Emirates Road.