Dubai, Oct. 15th, 2007 (WAM) - Mizin, the real estate development arm of Tatweer, has announced the launch of Remraam, the first of its kind large-scale development combining upscale community living with value for money to suit a wide base of potential homeowners.

The entire Remraam community will be set in a landscaped area that represents nearly 85 per cent of the total area. The project is scheduled to be showcased for the first time at Cityscape Dubai 2007, which will be held from October 16-18 at the Dubai International Convention and Exhibition Centre.

Sami Al Hashimi, Chief Executive Officer of Mizin, said: "The Remraam Community will once again reiterate Mizin's status as a real estate innovator that redefines industry standards. It is the embodiment of our vision and new approach to property development that is built around the consumer's perspective.

"In the past, value for money was offered at the expense of four major aspects - location, building quality, community facilities and the theme or the architectural style. What we have managed to achieve with the Remraam Community in terms of its value proposition is unprecedented for Dubai." The 23.5 million sq ft project will be located in the heart of Dubailand, next to Global Village and the famed Bawadi Boulevard. It will feature studios, one-bedroom, two-bedroom and three-bedroom residences varying in price between Dh 355,000 and Dh1.4 million.

Named after a plant that grows naturally in the UAE, the Moorish themed development promises low-rise architecture, a range of leisure and retail offerings, high quality standards and attractive location within Dubailand.

Dedicated amenities such as landscaped parks, underground parking, outdoor swimming pools, children nurseries, fully-equipped gymnasiums, tennis and basketball courts will feature in every phase of the distinctive development. Moreover, each phase also includes a neighborhood shopping complex and a mosque. The development also includes a mall that contains department stores, retail areas, a library, an art gallery, a food court and a culture centre. Remraam will offer open spaces for kids to play, parks and walking paths, in addition to balconies and spacious terraces.

In addition, all the exciting attractions of Dubailand such as Universal Studios Dubailand or Global Village will be within easy access from the Remraam Community. The infrastructure and road network, currently being built, will facilitate access to any location in Dubai without delay.

Mizin's other projects in the New Dubai area include the 13 million sq ft Liwan project, the 20 million sq ft Arjan development, and the 16.5 million sq ft Majan development.