Leading master developer focuses on infrastructure development and asset enhancements, explores further residential product offerings to enrich its communities
Dubai-UAE: 12 July, 2017
Dubai Properties, a leading Dubai-based real estate master developer and asset manager of renowned destinations across the emirate, has announced an investment of AED10 million for planned enhancements in the popular Remraam community, strategically located in Dubailand.
Dubai Properties has awarded the contract to build 450 new free visitor parking spaces within the community to Gulf Landscape and Irrigation Systems LLC. Construction has commenced, with delivery of phase one scheduled for September and phase two for November 2017.
The infrastructure enhancements at Remraam involve the widening of access roads that will alleviate traffic congestion during peak hours. Wade Adams Contracting LLC is working on the expansions, with the initial phase of the project anticipated to be complete by November 2017. In addition, the resort-sized pool, ideal for families with children, is undergoing upgrade and maintenance work, and is scheduled for handover in Q3 2017.
Masood Al Awar, Chief Commercial Officer at Dubai Properties, said: “Enabling the growth of community developments and ensuring their systematic enhancement is a priority for Dubai Properties. The significant investment towards strategic developments within our communities reaffirms our commitment to enriching the living experiences of our residents. From providing additional parking to expanding access roads, we are working closely with appointed contractors and service providers to ensure that deliverables are on track.”
Remraam, the popular and vibrant community launched in 2014, comprises a total of 34 clusters including 68 buildings and over 4,000 apartments offering investors and buyers contemporary, spacious, and high-quality apartments. Remraam features all the necessary amenities – including a retail centre, a community centre, and a nursery – within walking distance. The pedestrian-centric, family-focused community is set amidst serene, purpose-built green open spaces, and offers unique real estate investment opportunities owing to its connectivity to the wider emirate.
Conveniently located between Jebel Ali Free Zone and Al Maktoum International Airport, Remraam is only 20 minutes away from Mall of the Emirates, 15 minutes from the Expo 2020 site, and just 30 minutes from Downtown Dubai.
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About Dubai Properties
A leading Dubai-based master developer known for shaping and managing renowned real estate destinations across the emirate, Dubai Properties is the development arm of Dubai Properties Group, a member of Dubai Holding, the global investment holding company.
Dubai Properties’ diverse real estate portfolio comprises mixed-use contemporary residential, commercial and retail developments. Endorsing the Group’s legacy of commitment to excellence and innovation, Dubai Properties delivers an end-to-end service experience from project development through to sales, handover, leasing and retail management.
Dubai Properties portfolio includes:
- Residential towers at Jumeirah Beach Residence (JBR and 1/JBR)
- Mixed-use commercial and residential developments in Business Bay (Executive Towers, Vision Tower, Bay Avenue, Bay Square, Bellevue Towers and Marasi Business Bay)
- Residential communities at Dubailand (The Villa, Al Waha, Arabella, Rahaba, Villanova, Mudon, Remraam and Serena)
- Residential and hospitality projects at Culture Village around Dubai Creek (Dubai Wharf and Manazel Al Khor)
Dubai Properties also has a growing portfolio of community retail projects within its leasing communities including Layan, Shorooq, Ghoroob, Al Khail Gate and Rahaba Residence, as well as Nuzul and Al Quoz staff accommodation.
For media enquiries, please contact:
Hayette Faroun
APCO Worldwide
Tel: +971 52 104 6533
Email: hafaroun@apcoworldwide.com
Sanaya Pavri
APCO Worldwide
Tel: +971 55 780 6145
Email: spavri@apcoworldwide.com
© Press Release 2017
