Tatweer arm launches new project in Dubailand


Dubai: Mizin, the real estate development arm of Tatweer, yesterday unveiled 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 23.5-million-square-foot 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 Dh355,000 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.

The entire Remraam community will be set in a landscaped area that represents nearly 85 per cent of the total project.

New standard

Sami Al Hashimi, chief executive 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."

Dedicated amenities such as landscaped parks, underground parking, outdoor swimming pools, children nurseries, fully-equipped gymnasia, tennis and basketball courts will feature in every phase of the development.

Each phase also includes a neighbourhood 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.

http://www.remraam.ae/

Were'nt residential projects supposed to be banned in Dubailand by the big boss ?

Not if they come from a big boss company appearantly..

It least it is some sort of special thing AND - as far as location is concerned it seems it has always been supposed to be there in the dubailand designated Res areas..

:puke:

^^ you're unusually sick today.. maybe something you ate?

^^ Or maybe something I read. :yes:

The name sounds more like a f1 theme park or something

http://img84.imageshack.us/img84/3840/rmramsk3.jpg

I want to know is responsible for naming some of Dubai's developments. Then I want to take him out for a meal, buy him a few beers and then proceed to kick the living shit out of him in the car park. Of course, if its a woman, i'll just hate her inwardly. :D

I guess this dispels the discussion that DubaiLand was a white elephant project destined to be a huge loss account for the state. Seemingly all these projects are made to make profit.

I am -really- anticipating the launch of some more of the theme parks though. The dinasour one, sports city and motordrome are all excellent, but it has got to be more... And also they shouldnt drown their entertainment projects by incorporating the name in the residential ones around the park.

the name is very interesting :) they used the name of a native plant

The official Launching will be on 20th November 2007

http://213.132.44.184/emaratalyoumnew/Web/Photographs/2007/11/12/024/12_11_2007_024_001_001.jpg

Mizin, a member of Tatweer, announced that Phase 1 of Remraam, the Arabian themed low-rise community that was launched on 20 November, has been sold out.

The first phase of the unique project comprises 2,090 units.

Remraam is the first of its kind large scale development combining upscale living with a value for money proposition. Ideally located in Dubailand, the region's ambitious destination for leisure, tourism and entertainment, Remraam includes low rise Arabian style buildings with a maximum elevation of seven storeys. Some of the project's community facilities include parks, swimming pools, gym & health clubs, sauna and steam rooms, tennis and basketball courts, walking paths, kids playing areas and open spaces for recreation. The community also offers a full-fledged mall, nurseries and dedicated parking facilities.

Sami Al Hashimi, CEO, Mizin, said: 'Following the successful launch of Liwan, Majan and Arjan, we are proud to announce that our latest offering, Remraam, has also captured unprecedented investors and end consumers' interest. The sale of all Phase 1 units validates the phenomenal confidence that customers have in our developments'

'Remraam was conceived to fill a gap in the market, based on the outcomes of a thorough sectoral research. In offering a unique community, Remraam has caught the attention of families looking to have an affordable yet upscale lifestyle that is founded on unparalleled quality standards.'

Located in New Dubai next to Arabian Ranches and Bawadi Boulevard, Remraam offers multiple-choice options that suit the varying needs of the community.

Location, building quality, spacious units and extensive community facilities are four significant aspects that have been given prime consideration in the planning of the project.

Mizin will launch Phase 2 of Remraam in early 2008. The project is the company's fourth within Dubailand, having previously launched the 13 million sq ft Liwan project, the 19 million sq ft Arjan development, and the 16.5 million sq ft Majan development.

http://www.ameinfo.com/139544.html

Mizin tenders Remraam at Dubailand
Published: 09 December 2007 08:05 GMT Author: Colin Foreman More by this Author Last Updated: 09 December 2007 08:59
The local Mizin has invited selected companies to bid for the main building works on the Remraam project in Dubailand. The closing date is 10 January.
The project involves the construction of 200 residential buildings ranging from five to seven storeys, and 19 support buildings. The buildings will be arranged into four clusters, each with two sectors. The total built-up area is about 1.3 million square metres.

Contractors will be able to tender either one sector, one cluster or the whole project.

The project will be located next to Global Village and Bawadi Boulevard.

The local Dar Consult is the consultant. Mizin is the real estate development subsidiary of the local Tatweer (MEED 19:10:07).


Author: Colin Foreman. Senior Gulf Correspondent
Dubai

R

They boast that Dubailand will be much bigger then Disneyland,difference being that Dis is totally entertainment whereas Dub has alot of residential.Its only when some of the theme parks,entertainment projects are built that all these tourists they want to attract will start coming in much bigger numbers.As a four time visitor to Dubai this year when people in the Uk ask me if its a good place to visit I tell them wait 5 years as at the moment I dont think theres enough reason to go there.My visits were not holidays.

I agree there is not enough entertainment in Dubai at the moment to keep tourists entertained, only shopping, beach, restaurants and a trip to the dessert. Dubai needs to get its act together regarding DubaiLand. I also agree DisneyWorld will probably be bigger in total than DubaiLand if you take out the residential.

Deleted

Grading Work for Mizin's Remraam Community Completed


17 January 2008
Infrastructure Work to Start Ahead Of Schedule



Dubai: MizinMizinMizin
News | Profile | Officers
, a member of Tatweer, today announced the completion of grading work on Remraam Community, a first of its kind project that combines upscale community living with value for money to suit a wide range of potential owners.



MizinMizinMizin
News | Profile | Officers
revealed that grading work was awarded back in October, one month prior to the official launch of the project in November. The company also announced that infrastructure works which include road network, water supply, sewage, drainage system as well as irrigation facilities will start, ahead of schedule, in February on all phases of the project and will be completed by the second quarter of 2010, in accordance with world class standards and specifications


Sami Al Hashimi, CEO, MizinMizinMizin
News | Profile | Officers
, said: "The starting of infrastructure works ahead of schedule demonstrates MizinMizinMizin
News | Profile | Officers
's commitment towards its customers and to deliver on our promises. It is also embodies our philosophy of offering sustainable developments combined with world class building standards."


Designed to offer residents an upscale and convenient lifestyle, MizinMizinMizin
News | Profile | Officers
's Remraam Community will feature top of the range utilities, including storm water drainage, a dedicated sewage treatment plant, and the latest in IP based telecommunication infrastructure. The project will serve its irrigation demands by recycling the treated waste water. Additionally, two electrical substations will be constructed to cater to the demands of Remraam's large community.


Located in the heart of Dubailand, the Arabian themed community was launched in November. The project's phase one was sold out in record time of just one day.


Some of the project's services and facilities will include covered parking, a dedicated mall, retail outlets, health clubs, swimming pools, nurseries, walkways, extensive landscaping and open areas that represents nearly 85 per cent of the total area of the project.


MizinMizinMizin
News | Profile | Officers
's other projects in the New Dubai area include the 13 million sq ft Liwan project, the 19 million sq ft Arjan development, and the 16.5 million sq ft Majan mixed use community project.

http://www.zawya.com/story.cfm/sidZAWYA20080117111053

Technically Remraam is an independent development and NOT part of Dubailand proper as confirmed by the official Major Projects map from GIS center of Dubai municipality (and neither are a lot of other Dubailand residential communities for that matter including the various multipurpose "XYZ City" projects categorized under Dubailand in this forum). Dubailand itself will be exclusively a themed touristic Entertainment only destination much like Disneyland. Simply as a Marketing tactic to sell these residential projects and because MOST of the desert acres left of Al Ain Road, Right of Jebel Ali Airport road, and underneath Emirates Road were granted to the *DUBAILAND* project manager, anything else falling into that general vicinity is being said to be in Dubailand. Call it Greater Dubailand if you will. For example, Orlando and Kissimmee residential condos are not within the paid Disneyworld entrance gates, but for the casual Disneyworld tourist family renting a short term residential apartment nearby for a cheaper alternative to Disney hotels, it's all Disneyworld to them, and the landlords accept Mickey Mouse Bank issued Disney Dollars too!

My money is where my mouth is and I have bought into Remraam.

P.S. Why isn't this Project listed underneath the Masterplanned Projects by Mizin subforum? It was a needle in a haystack to find, didn't show up in the forum search, and I had to browse to it.

How much did it cost you to buy and what did you get ? You can PM me all that as this isnt an investment thread (before we get into trouble)

Does REMRamm mean something in Arabic ?

Does REMRamm mean something in Arabic ?

According to what I was told, Remraam is a plural feminine Arabic word for a type of exotic flower. Remraam was also the name of a lesser known South Arabian tribe long ago. It also happens to vaguely rhyme with the other cockamamie names of Mizin projects all having two syllables and an A as the second-to-last letter :nuts:

One thing that's been bugging me is really WHERE IS Remraam exactly? Can anyone clearly demarcate the land zoning Mizin has for Remraam? The PR articles boast "heart of Dubailand", the developers tell individuals one-to-one that it overlooks Golf City adjacent to it, but every map I see shows things in different places. Some people say it is adjacent to DIP, in which case it would be on Jebel Ali Al Habab Road sandwiched between the Jebel Ali Airport and Jebel Ali Business Center. Others say it is what that government maps call "Low Density Community" on the other side of the road from Studio City, cornering Arabian Ranches. That makes more sense to me since as a 20Million sqft but low rise project it should be scarcely populated. But what is the official truth?

This Should be moved under MIZIN.

Any pics of the project ?:)

Multi-billion contract awards made at Dubailand
Published: 14 April 2008 14:09 GMT Author: Colin Foreman More by this Author Last Updated: 14 April 2008 16:23
Two contracts totalling AED6bn ($1.6bn) have been awarded to contractors on the Remraam Community residential project in Dubailand.
The first contract, worth AED3bn was awarded to the local Dubai Civil Engineering (DCE) for the construction of 100 apartment buildings.

Abu Dhabi-based Al-Ghafly has been awarded the second package of 100 buildings which is also worth about AED3bn.

The buildings will be arranged into four clusters, each with two sectors, and will range from four to seven floors. The total built-up area of both packages is about 1.3 million square metres. The project is located next to Global Village and Bawadi Boulevard.

The local Dar Consult is the consultant. The client is Mizin, the real estate development subsidiary of the local Tatweer (MEED 9:12:08).

R

Phase Two of Mizin's Remraam Community Sold Out
Press Release

Exclusive launch limited to customers who were unable to purchase at launch of first phase

Dubai: 16 April, 2008 - Mizin, a member of Tatweer, today announced that Phase 2 of Remraam, the Arabian themed community, was completely sold out during a three-day private launch.

Highlighting Mizin's customer-centric approach, Remraam's Phase 2 private launch was intended for customers that attended the launch of the first phase in November but missed out on the opportunity to purchase due to the units being sold out in just a few hours.

The sale of the whole second phase of Remraam comprising 3,000 units in a record three days renders Remraam the fastest selling community in Dubai.

Sami Al Hashimi, CEO, Mizin, said: "Customer satisfaction is core to our business strategy and Mizin has already established a reputation for transparency, integrity and customer focus. Extending our priority to customers who missed out on the launch of the first phase underpins our profound consumer-centric approach."

Remraam is the first of its kind large scale development combining upscale living with an intrinsic value for money proposition. Ideally located in DUBAILAND®, the region's most ambitious destination for leisure, tourism and entertainment, Remraam includes Arabian style buildings with a maximum elevation of seven-storeys.

The project's community facilities include parks, swimming pools, gym and health clubs, sauna and steam rooms, tennis and basketball courts, pedestrian walkways, play areas for children and open spaces for recreation. The community also offers a full-fledged mall, nurseries and dedicated parking facilities.

The launch of Phase 3 of the Remraam project is expected to be announced in the next coming days. The project is the company's fourth within DUBAILAND®, having previously launched the 13 million sq ft Liwan project, the 19 million sq ft Arjan development, and the 16.5 million sq ft Majan development.

-Ends-

New public launch on 26th and 27th.

Price around 1000 persqft:)

Good project contracts already awarded to DCE:)

They soon will be starting the construction.

does anyone have the pdf file with the old prices?

Just want to compare

kindly email it to me on nabeelc@gmail.com

Thanks!

^^ what do you want to comapre?

First phase 750 per sqft and private launch 925 and coming up phase 990:)

Driving home today I heard an ad for the 26/27 public launch on the radio also saying Remraam will be adjacent to Arabian Ranches. So Mizin DID move the whole site from what was marketed during Phase 1 prelaunch... There goes that Golf City fairway view I guess?!

Not sure if the project was sold out yesterday. People started queing up the previous night, there were 100 in the queue by midnight and more than a thousand by Noon. The outer buildings were at Dhs 1000 per sq foot and the inner ones were Dhs 1050 per sq foot. These are international city prices, so seems well priced.

Remraam Phase 3 sold out !
studios and one bedroom apartments starting from 1025 AED
two and three bedroom apartments starting from 995 AED

Remraam has not changed location, it still overlooks the Golf City. What changed was the sector that was being launched (Sector 8), this sector has no buildings directly overlooking Golf City. Buildings lined up to overlook the Golf City are still not released. Get your cheque books ready, but you might have to sell a three bedroom apartment you bought in Phase 1 to be able to buy a studio in those buildings. Boy oh boy how the prices increase. INSANE !

Have you been there today ?

Why so much of reponse for this project any idea ?

Its still overlooks Golf City :)

It's affordable, payment plan is exceptional, it's low rise... I believe the public is fed up with towers at the moment. The developer, MIZIN, is part of Tatweer which in turn is part of Dubai Holding making it a semi-government, free-hold secured project. 85% landscaping, Mall, retail areas, clubhouses.. you know the nicer things in life.

P.s fingers crossed for the finishing of the apartments, let's hope I won't knock down a wall trying to hammer a tiny nail into it for the lovely paintings I am thinking of buying.

Remraam Phase 3 sold out !
studios and one bedroom apartments starting from 1025 AED
two and three bedroom apartments starting from 995 AED

Remraam has not changed location, it still overlooks the Golf City. What changed was the sector that was being launched (Sector 8), this sector has no buildings directly overlooking Golf City. Buildings lined up to overlook the Golf City are still not released. Get your cheque books ready, but you might have to sell a three bedroom apartment you bought in Phase 1 to be able to buy a studio in those buildings. Boy oh boy how the prices increase. INSANE !

I was told that this was the final phase of Remraam but that doesn't seem to be true. In Phase 1, they sold sector 1 & 2, yesterdays launch was for sector 8. Don't think they would have launched more than a couple of sectors in the 2nd launch. Unless of course, it is the final phase of lower priced sectors that don't overlook the Golf Course. That makes sense.

Have you been there today ?

Why so much of reponse for this project any idea ?

How many developments in Dubai do you know of still under 1000 per sq ft?

finishing of the apartments, let's hope I won't knock down a wall trying to hammer a tiny nail into it for the lovely paintings I am thinking of buying.

Full details of the building materials are provided in the sales and purchase agreement. This is a low cost development, so yes, start praying daily.

If you can knock down an entire wall by hammering a tiny nail, let me know to buy a unit beside yours so we can convert our 4-bedrooms to an 8-bedroom penthouse.

Phase 1 (Sectors 1 and 2) were for the public,
Phase 2 (Sector 4) private launch
Phase 3 (Sector 8) for the public, yesterday they released around 60 apartments that were cancelled earlier from sector 4.

Now you might be wondering what happened to sectors 3,5,6 and 7... these were sold to investors, as full buildings, full floors and a bulk of apartments. Remraam fully sold out except for the line of buildings directly overlooking the Golf City (Sectors 1,2,3 and 4) 22 buildings.

http://farm4.static.flickr.com/3167/2443131184_9a4138af33_o.jpg

^^ Thankyou Excavation for the clarification. I also heard that there are going to be villas at the development. Now looking at the high priced neighbourhood of Remraam - Tiger Woods (villas @ $ 15 M +) and Jumeirah Golf Estates (Villas at Dhs 8 M +), that would be one to watch.

Looks like a very promising project.

Nakheel was selling @ 750 in their Newly launched Emirates Precinct and they are sold out.

Compared to that this looks like a good buy.

Queue Point is the other project which is also priced under 1000aed.


Mizin is more secured thats why so much of response i guess.:)

^^
Off topic really, but Queue Point suffers from having the Electricity Cables adjacent to the development if I am not mistaken.

^^ Electricity cables are on international city phase 2.

I have not seen any electricity cable going over Queue point.

Yesterday i have seen little activity happening over queue point, dont know what exactly is happening there though.:)

^^ Electricity cables are on international city phase 2.

I have not seen any electricity cable going over Queue point.

Yesterday i have seen little activity happening over queue point, dont know what exactly is happening there though.:)

when is the handover date for this project ?.


Mavekris it would be great if you could find wht was happening on at the Q- Point site and post an update on Liwan Thread .

Just a quick update on Remraam,

I had heard from a reliable source that the buildings (24 buildings in all) directly overlooking the Golf City will not be up for sale.

These buildings are to be leased !!
Get your golf clubs and checkered brown shorts (yes the silly ones) ready !

Does anyone know if the prices for phase 3 per square foot (1,025 dhs and 995 dhs) included the terrace? Or was the terrace calculated at a lower rate?

The price per sq foot is applied to the Gross Area, which includes common areas and terrace.

In fact, the Gross rate (995 or 1025 etc) is applied to the Apartment, balcony & common areas. The terraces rate is calculated at 40% of the Gross rate. Common areas are calculated as 20% of (Apartment+Balcony) Area.
Kind of complicated, isnt it. However, the response at their 3rd launch clearly showed that buyers in this market don't give a damn to such minor complications!!!!!!!!!!!!!

The price per sq foot is applied to the Gross Area, which includes common areas and terrace.
^^
By terrace I actually meant balcony. Thanks for clarifying though, I now know how the common area is arrived at.

Looking at the reservation form of a unit I picked up in the inner circle (Dhs 1,070 psf) - The rate is applied to the gross area to give the unit price which is made up of net area 669 sf + Balcony 36 sf + Common area 141 sf.

:cheers:

Remraam third phase sold out

May 06, 2008



Mizin, a member of Tatweer, yesterday said it has sold out the third phase of its Remraam community.

"Our primary focus at Mizin is to identify customer needs in the market, and to develop standalone projects that cater to those needs. Remraam's unique proposition that combines upscale living with value for money is testament to our new approach in real estate development. The record sell-out of Remraam's three phases also validates the phenomenal confidence customers have in our developments," Sami Al Hashimi, Vice-President, Mizin, said in a statement.

Remraam is located in Dubailand adjacent to Bawadi Boulevard and Arabian Ranches. It will be a self-contained community, offering a range of sporting and spa facilities, a dedicated community mall with restaurants, retail and entertainment outlets. In addition, it will also feature children's nurseries, landscaped parks, walkways, open areas and facilities, which will represent nearly 85 per cent of the total area of the project.

Construction on the 23.5 million square feet development has commenced and the Remraam Community will be ready for occupation in fourth quarter of 2010.

Two contracts worth Dh6 billion have been awarded to contractors on the Remraam Community residential project in Dubailand, earlier reports said.

The first contract, worth Dh3bn was awarded to the Dubai Civil Engineering for the construction of 100 apartment buildings, while Abu Dhabi-based Al-Ghafly bagged the second package of 100 buildings worth about Dh3bn.

The firm's previous projects include the 13 million sq ft Liwan project, the 19 million sq ft Arjan development, and the 16.5 million sq ft Majan development.

Glad i bought into it.

Am already being offered 6 - 7% premiun. Within 7 days!!!

Kindly reply to these questions:

Does anyone know about the short term/long term prospects for investing in this project ?

How good of an investment is this when compared to Ajman and international city? (Any answer backed with stats would be helpful)

It seems to be on the edge of Dubai land (though nearer to Dubai World Central) will that hurt or help its price appreciation ? Also taking into consideration there are other future property projects with in the center of Dubai Land (if you see the Dubai Land map) and around City of Arabia etc.

Any news when Dubai Land will become functional and ready ? 5 - 10 or 20 years ?

Kindly reply to these questions:

Does anyone know about the short term/long term prospects for investing in this project ?

How good of an investment is this when compared to Ajman and international city? (Any answer backed with stats would be helpful)

It seems to be on the edge of Dubai land (though nearer to Dubai World Central) will that hurt or help its price appreciation ? Also taking into consideration there are other future property projects with in the center of Dubai Land (if you see the Dubai Land map) and around City of Arabia etc.

Any news when Dubai Land will become functional and ready ? 5 - 10 or 20 years ?

Personally, i think it is a fantastic project. It will offer significant returns in the long term. You say location will be a problem I say the exact opposite. Location will be its strong point. It is right next to Golf City and adjacent to Bawadi. If you want to buy, buy now. Emaar will be releasing their residential units in the Bawadi project soon, and when that happens, the price for that area will shoot up.

If interested in investing, let me know. nabeelc@gmail.com

http://www.mizin.ae/images/masterplan.jpg

luv the green in this project one of best ...

when is the construction starting on this project ? .

Mazaya hasn't started the construction on the Liwan Q-Point project which is almost 1.5 year now .

If this is going to be as green as in bizzys render it will be a great place to live and the most beautiful community in Dubai together with Jumeirah Village, really love it!

when is the construction starting on this project ? .

Mazaya hasn't started the construction on the Liwan Q-Point project which is almost 1.5 year now .

your rite marco the Liwan was launched almost 2 years ago and no construction on the site till now i wonder they launched the remraam the new one and would be the same case . They keep on launching on projects and no work ?

^^What is the relation between mazaya and tatweer?

why a comparision between these 2 projects?

^^What is the relation between mazaya and tatweer?

why a comparision between these 2 projects?

on the web it states Mizin is the member of Tatweer.

Mavekris bro am not comparing the project at all its the company itself they keep on launching new projects and aren't starting the construction on the previous projects. I guess they are just collecting money from there customers.

^^Queue point is by mazaya (KUWAITI FIRM)

Mizin sold the plots to them, and even handed over the plots long back.

Now the problem is with mazaya they are not starting the construction.:)

As far i know Remraam is the only residential project lauched by mizin (TATWEER)

A friend is interested to buy an apartment from someone who bought in the last phase.

As I understand it, the original buyer has only paid a 5% deposit. Is he able to sell now? The next payment is due in July and he can't make it - he bought a few apartments so wants to sell. Emaar usually require that a seller has paid at least 30-40% before they can sell ad transfer the property. What about Tatweer?

So is is possible or "safe" for my friend to buy from a seller who has only paid the 5% deposit?

Thank you.

yes its safe. just make sure u get the power of attorney made.

A friend is interested to buy an apartment from someone who bought in the last phase.

As I understand it, the original buyer has only paid a 5% deposit. Is he able to sell now? The next payment is due in July and he can't make it - he bought a few apartments so wants to sell. Emaar usually require that a seller has paid at least 30-40% before they can sell ad transfer the property. What about Tatweer?

So is is possible or "safe" for my friend to buy from a seller who has only paid the 5% deposit?

Thank you.

^^
What premium are these selling at?

I know its not property sales forum but

if any one is intrested in a 2 bed large terrace close to golf course send me a PM.:)

yes its safe. just make sure u get the power of attorney made.


My friend was told all that was needed was an MOU between buyer and seller. There was no mention of a power of attorney. Should the seller draw up a poa so the buyer (my friend) has control of the property? I was urging caution as I've heard that an MOU is not legally enforceable and my friend could end up having paid more than the original buyer while it remains in the latter's name.

Thank you for your help

Mizin awards Dh6b deals to deliver Remraam community on schedule

http://www.gulfnews.com/images/08/06/15/16_bs_remraam_4.jpg
Situated in Dubailand‚ Remraam contains over 100 apartment buildings, a dedicated shopping mall and extensive community facilities.


Staff Report
Published: June 15, 2008, 20:04


Dubai: Mizin said it has awarded Dh6 billion contracts to Dubai Civil Engineering, Al Ghafly General Contracting and Parkway International for the construction of all phases of its Remraam community.

"The commencement of construction is a significant milestone in the development of the Remraam community," the company said in an e-mailed statement.

"With over 100 apartment buildings, a dedicated shopping mall and extensive community facilities to build, the project will employ over 15,000 engineers and construction workers to ensure Remraam is delivered to its customers as per the planned schedule."


"This is a key part of Mizin's build strategy, which brings with it an effective blend of economies of scale, build quality, cost efficiency and optimum delivery time, all carefully designed and implemented to maximise product quality and value to the Remraam customers," the statement said.

Mizin is currently negotiating with some of the region's leading landscape firms to undertake extensive landscaping.

With over 60 per cent of the development dedicated to green space, Remraam will be one of Dubai's greenest and less dense communities.

Since I am currently out of Dubai, would appreciate some response......
Has anyone got an idea what was the price at which Landmark Properties sold building(s) in Remraam last week?
Has there been any price rise since Mizin sold a few buildings directly at end of April @ +/-1000 psf?
Will there be a launch in the future directly by Mizin.....I would be definitely interested to buy as somehow I feel this is a special project for the future.........
Regards to all

To be on the safe side, just tell your friend to sell after they have made the 2nd payment. Oops, it already is July. The second payment for phase 3 purchases are due tomorrow July 7th.

Ok, so i'll just get to the point. How much does your friend want to sell? premium?

Will there be a launch in the future directly by Mizin.....


I don't think so. Although those 24 buildings overlooking the Golf Course directly are still up for grabs. But I heard these buildings will be up for lease in the future.

I am interested in buying a 1 bedroom and a studio at Reemraam, incase anyone selling please send me a message on gulhassan at hotmail dot com

If anyone wants one bed apartment in Dubai Lagoon ,pls PM or write to ibkiss@lycos.co.uk .
663 sq ft & car park included in phase 1 @ Aed 825 / sq ft

Can some one please tell me the current premium (without commission & transfer) going for Phase 3 in Remraam. I just want to confirm what the current premiums are going for Phase 3 for 2 Br.

Also what are the normal transfer + commission rates ?

Would any one recommend buying and holding onto this (for atleast a year) or selling this after city scape ?

All suggestions/advise welcome...!!

Can anyone please advise if according to market rates these offers are good ?

For 1 bed room : 1250/sqft...about 17.37 % premium net
for 2 Bed room : 1185/sq ft....about 15 % premium net (buyer is paying cash on spot, rather than financing, on this one)

All of these were Net...

Please kindly let me know what you guys think of these offers ? The remaining will be sold after City Scape. If anyone can advise that would be great.

kindda expensive really. at Jumeirah Village, which is closer to the city, and has amazing projects, the prices range from 1050 to 1300 per square foot.

Well i think the project is well planned out....is on schedule (phase 3 scheduled for next year and others projected completion in 2010) and is being built by a well recognized and reliable developer. That's why there is some what price appreciation. Also a lot of green spaces in between buildings.

Plus its planned location in dubai land; next to tiger woods golf and near the bawadi hospitality area...also increases its value. Just my thoughts.

Can you also tell me which are the good developers in JVS ? The ones that you know for sure are the best projects there ? I dont have much info on that...i guess i'll also check out the JVS thread.

kindda expensive really. at Jumeirah Village, which is closer to the city, and has amazing projects, the prices range from 1050 to 1300 per square foot.

Does anyone have a construction update of this project? Pictures?
Is anything happening on site, or things are 'on Hold' as we hear for a number of projects in Dubai?

Construction of Remraam Community on track in Dubai

http://i33.************/mbllc6.jpg

26-Nov-2008

Mizin, the real estate development arm of Tatweer, Dubai has announced that construction of the 23.5 sq ft Remraam community was proceeding as scheduled with concrete pouring of building foundations underway.

The current phase of construction involves building of the sub and super-structure of the 198 buildings within the community. The development is projected to have over 15,000 construction workers and engineers, making Remraam one of the largest construction sites in the UAE. The volume of concrete required for the foundations alone is equivalent to 1 million cubic meters, enough to fill 400 Olympic sized pools.

Ahmad Sharaf, CEO of Tatweer Investments, said, "Residential projects of this magnitude and complexity require an advanced level of expertise and strict adherence to high standards of build quality. Timely construction in accordance with these standards and expertise is a reflection of Mizin's commitment towards delivering on its promises and elevating the current norms within the Dubai real estate industry."

With contracts valued at AED 6 billion, Dubai Civil Engineering, Al Ghafly General Contracting and Parkway International have been selected by Mizin to work simultaneously on several stages of construction across the four phases of the Remraam project. Remraam is Mizin's fourth development, following the successful launch of the three communities, strategically located within Dubailand.

http://www.gowealthy.com/gowealthy/wcms/en/home/news/real-estate/Construction-of-Remraam-Commun-1227681212173.html

198 buildings?!?!

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One of the nicer developments in Dubai. All those who have invested here are NOT going to be sorry in the long term.

Its re-assuring to see progress being made on site....
This is one of the few developments in Dubai which lends itself automatically to the current scenario of being 'end user-friendly'.
If Mizin delivers as promised (which I am sure is highly possible being a Govt-backed developer), 3 years from now this will be one of the sought-after residential areas, and hence, high rental rates.
I know completion is in 2010, but I am considering an extra year for the landscape to blossom and the road accesses to work!

A relative has invested for flipping in the project by buying from the second market at a premium. Given the current situation, do you guys know what the contract clause says regarding investors that are unable to pay the installments?

I dont believe the developer has made any decisions to extend the payment schedule... does anyone have any suggestions? Obviously, flipping a 2br was not a smart deal to get into in the first place.

A relative has invested for flipping in the project by buying from the second market at a premium. Given the current situation, do you guys know what the contract clause says regarding investors that are unable to pay the installments?

I dont believe the developer has made any decisions to extend the payment schedule... does anyone have any suggestions? Obviously, flipping a 2br was not a smart deal to get into in the first place.

I believe in general youdid'mt made mistake by buying the apartment in this project just because the property market is down for a little while it doesn't mean its going to stay forever first of all and also project like Remraam will be always in Demand you just need to be patient for a while

heard that the project might be downsized depending on the default rate and current economic situation...not sure because all works are full steam ahead..anyone knows?

60% of Remraam basic facilities' works over


http://www.business24-7.ae/Articles/2009/1/PublishingImages/1_20_2009/eb24_remraam_20_small.jpg


The Remraam community is spread across 23.5 million square feet. (SUPPLIED)


on Tuesday, January 20, 2009

Mizin, a member of Tatweer, yesterday announced that 60 per cent of the infrastructure works for the 23.5 million sq ft Remraam community has been completed, while excavation works for foundations of 71 per cent of the buildings have also been finished.

Contractors have been working simultaneously on several stages of construction across the four phases of the development and work continues on building the sub- and super-structures of the buildings.

Mobilisation is currently under way for electrical sub-stations in collaboration with Dubai Electricity and Water Authority. Currently pouring of concrete into the foundations is in progress to create sub structures. Concurrently, superstructure work has begun on buildings in several phases as construction has surged ahead.

Ahmad Sharaf, Chief Executive Officer of Tatweer Investments, said: "We remain committed to delivering a high-quality product to our stakeholders within the scheduled timeframe. The development is projected to have over 15,000 workers and engineers over the course of construction, making Remraam one of the largest development sites in the UAE."

Remraam is Mizin's fourth development project.

http://business24-7.ae/Articles/2009/1/Pages/01202009_ba1f777fca5b412395d1a93b07aec92f.aspx

thank you for the posting bizzybonita

^^^^^^^^
There were lots of rumours regrding this project - that Tatweer (the Real Estate arm of Dubai Holdings) is planning to scrap all their developments except Tiger Woods & Universal Studios.

Good News for all the investors in Remraam project;
Emirates Today 24-7, buisness daily in UAE has informed that the project is well underway. The news read as below;

Mizin, a member of Tatweer, yesterday announced that 60 per cent of the infrastructure works for the 23.5 million sq ft Remraam community has been completed, while excavation works for foundations of 71 per cent of the buildings have also been finished.

Contractors have been working simultaneously on several stages of construction across the four phases of the development and work continues on building the sub- and super-structures of the buildings.

Mobilisation is currently under way for electrical sub-stations in collaboration with Dubai Electricity and Water Authority. Currently pouring of concrete into the foundations is in progress to create sub structures. Concurrently, superstructure work has begun on buildings in several phases as construction has surged ahead.

Ahmad Sharaf, Chief Executive Officer of Tatweer Investments, said: "We remain committed to delivering a high-quality product to our stakeholders within the scheduled timeframe. The development is projected to have over 15,000 workers and engineers over the course of construction, making Remraam one of the largest development sites in the UAE."

Remraam is Mizin's fourth development project.

^^ check out ...

http://www.skyscrapercity.com/showthread.php?p=31053070#post31053070

Merged with current thread

i really dnt think so we shud trust on these news/pics..
i still believe things are pretty worst....

rergards
k

One of my friend visited site last week..n he got a chance to speak with some labours there..they told him..thats for the last 2 months..there wasnt any progress n they are just keep sleepin their labour camps on site....
Dont know whats the truth ..but current finantial crisis may have the impact on its progress...let us wait for another month..everythin will be crystal clear abt this project...

One of my friend visited site last week..n he got a chance to speak with some labours there..they told him..thats for the last 2 months..there wasnt any progress n they are just keep sleepin their labour camps on site....
Dont know whats the truth ..but current finantial crisis may have the impact on its progress...let us wait for another month..everythin will be crystal clear abt this project...

think is quite true...there has been a marked slowdown..think this project will be on hold for a couple of years to come..some of the sub contractors were asked to hold on till a firm decision is made...

One of my friend visited site last week..n he got a chance to speak with some labours there..they told him..thats for the last 2 months..there wasnt any progress n they are just keep sleepin their labour camps on site....
Dont know whats the truth ..but current finantial crisis may have the impact on its progress...let us wait for another month..everythin will be crystal clear abt this project...

There is definitely some credence to this rumour. A friend's friend works for one of the contractors on this project and his company has been asked by Mizin to stop work. Perhaps releasing that news in the media about infrastructure works was a deliberate ploy by the developer to divert scrutiny. I have requested for a site tour via feedback@mizin.ae & suggest other owners to do the same.

yea site visit is important and also we need force mizin to revise the payment plan incase the project being delayed...as there is no piont if paying extra interest to bank ..it should come from mizin by making sure that they dont ask all banks (For mortgage cases) to do the payments untill they declare smooth development.......
certainly there has zero development for the last 2months...

yea site visit is important and also we need force mizin to revise the payment plan incase the project being delayed...as there is no piont if paying extra interest to bank ..it should come from mizin by making sure that they dont ask all banks (For mortgage cases) to do the payments untill they declare smooth development.......
certainly there has zero development for the last 2months...

its a dissapointing situation,,,we are to lose ou

we need to monitor construction progress over the next 3-4 months and if much doesn't change on the ground then demand a revised payment schedule of Mizin

Mizin should scrap Remraam Phase 3 & 4 and start returning investor money back to them. I dont think they will be able to make 200 buildings as there are lot of people not willing to pay any further instalments becz of current market situations.
Remraam is one of the best project no doubt abt that but with this slow down there are lot of properties available on SZR - JLT,DM,Greens,DG which are ready properties and the prices are almost same as 3rd and 4th phase of mizin or slightly higher but these are all ready properties and having no buyers.

Mizin Should Scrap phase 3 and 4 of Remraam & change payment schedule of Phase 1 & 2. If they do so it will be highly appreciated. If they dont do so then they will face tough time recovering money from the buyers and it will leed to further problems for them and the investors.

guys..i guess lets wait for another 2months to see the progress on project..if nothin comes up..i guess we should have a joint visit to mizin office ...to have word with them ..atleast they should know ppl are really worried..

yes i agree with you but All the developer are aware of the investors concerns. Mizin will only help themselves if they cancell phase 3 and phase 4 immediately and return investor money to ease out the pressure from the market and themself. They can always resell their project when the market gets better.

I checked with Mizin about the contract termination and they said they will retain 10% as per the contract and will refund the remaining amount once they have found a buyer. This is a RERA law that protects all developers. Does anyone know about it?

Cheers

I have read n heard that prices of constructions per sqft are decreased by 71% since Aug 2008....
is there any chance of mizin will negotiate with their investors ???as they sold phase-2 & 3 are bit high prices...even the price per sqft for the ready properties is much lower..

I have read n heard that prices of constructions per sqft are decreased by 71% since Aug 2008....
is there any chance of mizin will negotiate with their investors ???as they sold phase-2 & 3 are bit high prices...even the price per sqft for the ready properties is much lower..

I dont think they will reduce prices, however stretching the payment plan is definitely an option. For this Mizin first needs to first admit on the delay. Even scrapping phase 2 or 3 & returning back investors' money is plausible & Mizin should consider it. I agree with an earlier post that we should wait for 2 months to knnow what the ground situation exactly is & then decide on a collective course of action.

MIZIN has termintated the contractor in the site, and we have a copy of teh letter that was sent from MIZIN.

Phase 2 and 3 will not be built . I have 4 units in reemram and I asked them to cancel one and merge and keep whatever was paid there as a payemnt for the 3 units and they are refusing, while I am sure they will not build the whole project.

they are doing the payemnt extension without interest ... what about us who already paid in payemnt extension and they have collected the interst , and another friend had to pay penalty not only interest !

i called mizin call centre ,,they are denying that there isnt any project delays ???
i dont know why the hell they are not telling us clearly????

MIZIN has termintated the contractor in the site, and we have a copy of teh letter that was sent from MIZIN.

Phase 2 and 3 will not be built . I have 4 units in reemram and I asked them to cancel one and merge and keep whatever was paid there as a payemnt for the 3 units and they are refusing, while I am sure they will not build the whole project.

Can you please upload the letter of Mizin Terminating the contractor for remraam.

I had called at mizin call center and emailed them to inquire about phase 3 of remraam where i have 2 apartments. I wanted to know the current status of project, escrow account details for remraam & payment schedule for phase 3 and to have a site visit done and the reply was as follows

Dear Mr. Lakhani,

Thank you for contacting MIZIN.

Further to your inquiry, please be informed that at MIZIN, we understand our customer’s needs and considering the present market crisis, we are pleased to inform you about our Revised Payment Plan for the year 2009 payments.

Details are as follows:

Phase 3

2009 Installments Original Payment Plan Revised Payment Plan

Feb-09 10% 5%

May-09 5% 5%

Aug-09 10% 5%

Nov-09 10% 5%

Terms & Conditions:

If the customer has defaulted the November 2008 installment payment, then the outstanding amount should be collected in 4 equal installments within the first 6 months of 2009. Otherwise, the revised payment plan will not be applicable to your unit.


With the revision, the remaining 15% amount for the 3 installments (5% for each month: February, August & November 2009) will be added to your final installment (25%) during the completion of the project which will make it a total of 40%.

Please be advised that there is a 9% interest per annum for the revision of the payment plan which will also be added to your final installment. However, the Management will waive the accumulated interest provided that all future installments are done in full on/before the installment due dates.

The revision of payment plan is only offered to cash customers and not to mortgage companies.

As for your Escrow Account inquiry, please be informed that being a government-run company, MIZIN does not require to have an escrow account as per the law.

With regards to the construction work progress, our Marketing Department will be posting updates (photos) online. Please check the REMRAAM website: www.remraam.ae from time to time to stay updated.

Lastly, for site tours, please be informed that we won’t be able to confirm an appointment as of this time since we have put a hold on this service due to health and safety reasons. However, be assured that we have already added your name to our site tour priority list and we will be contacting you within the coming weeks.

Should you need further assistance, please feel free to contact any of our representatives for guidance. Our Client Relations Centre can be reached on 800-MIZIN (800-64946), between the hours of 8:00AM and 6:00PM (local time), Sundays to Thursdays.

Yours sincerely,

I request all of you to express your opinion in this regards. thanks to all in advance

MIZIN has termintated the contractor in the site, and we have a copy of teh letter that was sent from MIZIN.

Phase 2 and 3 will not be built . I have 4 units in reemram and I asked them to cancel one and merge and keep whatever was paid there as a payemnt for the 3 units and they are refusing, while I am sure they will not build the whole project.

Please upload the letter about MIZIN has termintated the contractor in the site thanks

Please request all the people who have invested in remraam to come here and join the group discussion so that we are more well informed on the status of the projects and all the reply that mizin is giving to the investors. We will have to be alert and coperative and share information to protect our investment.

[QUOTE=AMR123;32444026]MIZIN has termintated the contractor in the site, and we have a copy of teh letter that was sent from MIZIN.

please upload the copy of letter which states that mizin has terminated the contractor of remraam

One of my friend visited site last week..n he got a chance to speak with some labours there..they told him..thats for the last 2 months..there wasnt any progress n they are just keep sleepin their labour camps on site....
Dont know whats the truth ..but current finantial crisis may have the impact on its progress...let us wait for another month..everythin will be crystal clear abt this project...

So on hold here as well then

[QUOTE=AMR123;32444026]MIZIN has termintated the contractor in the site, and we have a copy of teh letter that was sent from MIZIN.

please upload the copy of letter which states that mizin has terminated the contractor of remraam


I want to draw your attention to another active forum for Remraam.

http://www.propertycommunity.com/forum/dubai-property/6592-remraam-2nd-phase-launch-good-idea-10.html

[QUOTE=AMR123;32444026]MIZIN has termintated the contractor in the site, and we have a copy of teh letter that was sent from MIZIN.

please upload the copy of letter which states that mizin has terminated the contractor of remraam


Published in Gulf News: February 19, 2009, 23:11

Dh49m Mizin corruption case referred to court
By Bassam Za'za', Senior Reporter

Dubai: The Dubai government's campaign against corruption continues, with the case involving Mizin, the real estate development company of Tatweer, being referred to court, Gulf News learnt on Thursday.

This is the second corruption case that the Public Prosecution has referred to the Dubai Court of First Instance. Gulf News earlier reported that the corruption case involving Sama Dubai had been referred to court.

According to the chargesheet, the Public Prosecution arraigned Mizin's Emirati former senior executive, S.A., and a Lebanese engineer, J.H., with bribery and financial irregularities, which amounted to nearly Dh49 million.

S.A. has been charged with abusing his duty and accepting Dh1.9 million bribe (from the engineer) to grant him favours in booking and buying lands and special units, which belonged to Mizin's projects. The former senior executive was also charged with unlawfully giving the Lebanese a Dh49 million discount in the purchases, according to the arraignment sheet.

The Emirati was additionally charged with intending to work against the interests of Mizin by accepting the bribe and allowing J.H. to earn an illegitimate profit on the deals.

The Public Prosecution charged the engineer with bribing the Emirati to win discounts and favours concerning the deals, which were registered in his and someone else's name.

The engineer, according to the arraignment sheet, was also charged with aiding and abetting the former senior executive to abuse his duties in Mizin and win the Dh49 million discount and facilities on the purchased lands and special units. The Lebanese was charged with collaborating with the Emirati in breaching the trust which Mizin granted him (S.A.); in selling its lands, buildings and flats and by buying those properties unlawfully. This had affected the company's interests.

Public Prosecution officials confirmed to Gulf News that the case has been referred to the criminal court and a hearing date will soon be scheduled. Gulf News will not reveal the names of the suspects in keeping with the media code of ethics.

Guys, i guess its time to unite togather and burst at mizin with our demands...atleast they shouldnt take any more payments from us....
lets keep one days..we can have get to gather ..n then we all plan to visit mizin office???
i suggest lets meet on next saturday in Mall of Emirates(MOE) i.e 28th feb...
Spread this message to all of investors u know..also on other blogs....and confirm on this plan????? we have to more proactive to deal with situation......

Next Saturday is too late. The demand should be cancellation of phase 3. There is not construction on the site and no transparancy from the developer about the whole operation. I personaly can not put any more money into a sinking ship.

MIZIN has termintated the contractor in the site, and we have a copy of teh letter that was sent from MIZIN.

Phase 2 and 3 will not be built . I have 4 units in reemram and I asked them to cancel one and merge and keep whatever was paid there as a payemnt for the 3 units and they are refusing, while I am sure they will not build the whole project.

Please upload a copy of the letter to their contractor.

We need to act ASAP. No construction, no escrow account and moreover this latest news about the company. As a buyer I am no longer confident to put more money into this project. I believe there are many other buyers who feel the same and wont make any more payments. As a phase 3 buyer I can not even obtain a loan from the banks. Because it is over priced. We must demand for cancellation of phase 3 and perhaps phase 2. In a way if the developer makes this move it will help them too.

^^
I thought Rak bank was financing all the phases. Or is it just phases 1 & 2? I know from somebody who bought in phase 2 that even for that they are offering only 50% financing.

Phase 3 buyers can not obtain loan now even from RAKBANK.
I am too concerned to make further payments. I do not know where we are going. We must demand for an escrow account according to RERA regulation or demand for cancellation of phase 3. If they provide us with an escrow account and we make our payment through that account our investments will be protected.According to RERA any developer (privat, semi-goverment and goverment) should have an escrow account. When we ask MIZIN they say they do not need to have an escrow account.

When we do not see any construction on the site, should nt I wonder where my hard earned money is going? I have sleepless nights. Obviously my pain is someone else's gain.

Phase 3 buyers can not obtain loan now even from RAKBANK.
I am too concerned to make further payments. I do not know where we are going. We must demand for an escrow account according to RERA regulation or demand for cancellation of phase 3. If they provide us with an escrow account and we make our payment through that account our investments will be protected.According to RERA any developer (privat, semi-goverment and goverment) should have an escrow account. When we ask MIZIN they say they do not need to have an escrow account.

When we do not see any construction on the site, should nt I wonder where my hard earned money is going? I have sleepless nights. Obviously my pain is someone else's gain.

Rera Has clear rule that no 1 should pay a developer more than 20% if the work is not started on the site but in Remraam's case Work of all three phases has been started (phase 1 reached 1st level, Phase 2 ground floor and Phase 3 piling completed) SO RERA wont help is in this situation. What i am concerned in that Mizin has terminated the contractor which means no further progress will be done. Does any one has more details on which phase was that particular contractor working?? I Guess We the investors have to get our act together and meet up. We want the Facts no rumours as they are only spoiling the NAme of the project. All Investors meeting will be Great. But i guess Saturday Mizin is closed. How About 26th Feb Thrusday?? I also Request Malec to remove this project from Oh Hold List as Phase 1 progress is still on dont wanna jump on conclusions as there as so many rumour in this market and its doing no good to any1.

Count me in for next thursday...
anyone esle intrested for a joint meeting??

Hi guys, Does any one know in which phase were the buildings sold directly by Amlak last summer (June-July 2008)?

Fistly with this recent even and the court case of MIZIN should have an escrow account in order to restore confidence amoung its customers(partners). Secondly they should identify exactly in what stage is each phase with the stamp of RERA and the consulting engineering company. Thirdly and the most importatn one, the phase 3 price should be moderated as it is over priced and no bank or financial instutation is providing loan.

Firstly with this recent event and the court case of MIZIN, they should have an escrow account in order to restore confidence amoung its customers(partners). Secondly they should identify exactly in what stage is each phase with the stamp of RERA and the consulting engineering company. Thirdly and the most importatn one, the phase 3 price should be moderated as it is over priced and no bank or financial instutation is providing loan.

Mizin must come clean on this project. The recent report on corruption does Mizin's reputation (whatever's left after report on delays) no good. Mizin must come out & tell investors/buyers what stage each phase of Remraam project is in, including whats going forward & what isn't. 200 bldgs is not a small project & Mizin can't just keep on playing the same tape that everything's on track & delivery will be as per schedule. Lets act if we have to in whatever way we can

Hi guys, Does any one know in which phase were the buildings sold directly by Amlak last summer (June-July 2008)?

Has anybody in this forum bought from Amlak? Do you know if Amlak will charge profit for the delay period beyund the contract completion date?

i am willing to come for investor meeting any time so just let me know once the date and time is confirmed.

I was also told by Mizin that they dont need escrow account and they have said that i can check with rera about it.

i have paid my nov instalment of phase 3 remraam but i have not paid feb 09 installment and i am not going to pay the feb 09 instalment untill they have an escrow account and confirm to me in writing that the construction of the building in phase 3 in which i have apartment has started and is on schedule and i will ask them to arrange for site visit and i will speak with the contractor as well who is building the buildings in remraam.

I will not allow them to sit on my money unless they do their part well.

lets get together and put pressure to safegaurd our investments.

Gentlemen, the situation is only getting uglier The merger of Mizin, Sama Dubai, and Dubai Properties back offices is only an indication that things are not working out well for Tatweer, not only they also have no idea of where they are heading with no clear or proper strategy, and of course not being transparent with us (investors/buyers) we are going to get the biggest scam of our lives.

I totally support getting together, going for a site visit, and then head to Mizin's offices and negotiate a way out or something to do with the payments.

Anyone to take the lead in this?

R.

Well.. i guess lets share our personnel emails here..
and spread this message to all of the ppl u know for the joint meetings..The agenda to sit togather and look at all of the issues we have with mizin ..lets document it and go their office..

Well Since everyone is ready to meet up than let’s decide the place. How about Wafi on this Thursday 26th Feb. we can decide the points and then go to Mizin with our points. Also We need Alteast 15 owners otherwise the response will be same by Mizin staff. And we need to meet with the director or atleast the manager otherwise no use.

Remember people more people the better so please try and contact any1 you know who owns remraam property.

People who confirm to attend Please reply to this post with continuing number series

I confirm to attend - 1

I confirm .. let me know the timing .. preferably towards noon.

Thanks

well..this thursday i m available in the morning..from 9-12am..
Not sure if this time suits all us...or we choose to another day..
Lets wait..for other responses....

Our silence to this recent event is not to our interest. We must voice our concern collectively and let the developer know that we are worried about our investment. As investors we should have been informed much earlier to restore confidence the developer should provide us with official report about the work in progress as well as the escrow account.

Count me in for next thursday...
anyone esle intrested for a joint meeting??

Hi,
Please let me know the date/time and place for investors meeting.
I have couple of friends who have invested and would like to join
txs
Patsy

Only four ppl i have replied till now..And minimum it has be group of 15 ppl so that we can have an impact for what we say/demand..
I guess..let extend the join meeting time line for another 2-3 days ...so that maximum ppl can join in....

Please do not delay this meeting. Lets meet tomorrow around 13:00. At least we can prepare for our next meeting and we know how many we are.

The more we delay it would be to our disadvantage. They will just keep penalizing us. And in case of any aribitration we will be empty handed. We want assurance from the developer. An escrow account, official work in progress report with specific phases and buildings numbers and price reduction in phase 3 as no bank is willing to lend any money to the buyers.

I am requesting all, please do not delay this meeting. Lets put our minds together and act in order to protect our investment. This is our right. Even if we have to go to the Land Department. We must decide and act together soon.

Hi,
I agree, lets meet tomorrow at sometime, somewhere.
How about MOE at 1:00 pm
food court down, near Mc donalds
Let me know who all can confirm ?





Please do not delay this meeting. Lets meet tomorrow around 13:00. At least we can prepare for our next meeting and we know how many we are.

The more we delay it would be to our disadvantage. They will just keep penalizing us. And in case of any aribitration we will be empty handed. We want assurance from the developer. An escrow account, official work in progress report with specific phases and buildings numbers and price reduction in phase 3 as no bank is willing to lend any money to the buyers.

I am requesting all, please do not delay this meeting. Lets put our minds together and act in order to protect our investment. This is our right. Even if we have to go to the Land Department. We must decide and act together soon.

Hi it seems we are still not many but i dont mind meeting. However meeting in MOE is no use since we all have to go to mizin. Since wafi is close we can meet in wafi and than go to Mizin. Otherwise we can also meet up at the Remraam Site on friday. But we still need more members.

People who are ready to meet tomorrow in Wafi at 2pm please reply ASAP.

We can meet in starbucks in Wafi Mall.

Also how many people are ok with meeting on site on friday??? I am anyways going on site at 2.30pm

NOTE: If only few people are willing to meet tomorrow than we might postpone the meeting as not many people can leave their work for every thrusday. Final yes or no will be posted here by 11.30 plz reply b4 that.

due to work commitments unfortunately I cant make myself available for Thursday's meeting

Guys i am also not available today...sorry for that..
can we make next week?? sunday/monday???

Since most us are unavailable the meeting has been shifted to Monday 2.00 pm.
Sorry but no use if only 2 or 3 investors meet.

However i am still going to site tomorrow(FRIDAY) at 2.30pm any 1 join Us.

yea probably i can join you..

Hi Everyone,

I just joined the group. We should all meet on a weekend as I am based in Abu Dhabi. We can discuss and mutually decide on the course of action and then a few people can represent the others at the Mizin office.

We may not be able to get a time slot that fits everyone's schedule.

Hi,

I have around 15 investors who are ready to meet with Mizin officials on Sunday and sort out this issue.

Please let me know who else will be interested for a meeting on Sunday 1st March.

Arun

Hi Arun

i m Fine on SUNDAY 1st March. BUT WHAT TIME????

Let us meet at Mizin office at 10:45 a.m. on Sunday March 1st

agreed...:)

So, what happened?

please lets us know what happened about your meeting with Mizin for Remraam.

Thanks All

please lets us know what happened about your meeting with Mizin for Remraam.

Thanks All

Hi Guys,
what is the outcome of the investors meeting? Why no one is replying.

Hi there any news from the meeting??

Gentlemen,

Investors of Warsan project are able to pressure Emaar to cancel the project. I believe we can do the same thing.

Can we agree on meeting, or at least signing a petition?

hi guys,

what happened in your meeting?

Dear Fellow Investors,

The meeting with Mizin was a good first step. We explained to Mizin that the rumours in the market were disturbing and they need to do more to give confidence to the investors that they can complete this huge project in time and to the satisfaction of the investors.

I personally came from the meeting with a feeling that we should cooperate with Mizin as much as we can at the same time we should collectively express our concerns to Mizin's top management so that any future decision they may take incorporates our valuable inputs.

Specific concerns like prices, rescheduling of payments etc. will be addressed by a specific letter to Mizin as a group. As investors, we are in a difficult situation today and Mizin realizes that. We must understand that they are also in a similar situation and must work together with them to ensure a resolution that is mutually beneficial. I am sure we will be able to find some resolution shortly.

Hi Arun,

Your post seems very sugar coated...Can you please share with the grouop as to what answers did Mizin gave you apart from working together i.e. paying money to them soon or later?

Apologies if my post sounds harsh it wasn't intended that way....

Dear Investors,

I am sorry if my response seems sugar-coated. The responses we got from Mizin are the same responses that you all have probably got and is of no value as there was no resolution on any of our concerns.

That is why we felt that it would be better to put our consolidated views in writing to them as a group and to direct the letter to the top people who can take decisions rather than arguing with someone who cannot.

Mizin said that they will make some key announcements about the Remraam development in the coming weeks that would clarify a lot of our questions. In the mean time, we will send the letter to them with our concerns and meet the senior officials of Mizin to discuss various options.

guys get together and look at this and lets join hands

http://www.propertycommunity.com/forum/dubai-property/12277-first-remraam-investor-meeting-zabeel-park-friday-13th-march-new-post.html

Hi Guys,

I got some legal advise and here is what we should do:

1- Invite all investors to one Facebook Group (http://www.tinyurl.com/remraam)
2- Once we have enough owners of 100 units we will issue a legal petition to mizin.

i have already put together the group and will upload recent project progress pictures soon.

also you should know that amlak/ tamweel havent paid since dec installment for phase 2 which means the time is right to apply pressure to get something out of this whole mess.

other developers are either canceling or have changed their pricing.

we need to know the earliest to claim our money back and maybe invest in something else or just get out of the mess.

hope to see you all on facebook group "Remraam Online" and i will shortly add a recent communication from Tamweel a friend of mine just received regarding delayed payments to mizin.

lets get this done as no one else will do it for us.

Hi Guys,

I just received some photos of the project so check out the photo gallery for regular updates. my source who supplied the photos reported that cranes and basic construction structures are viewable only at the perimeter of the site parallel to the high way (Dubai bypass road).

http://www.tinyurl.com/remraam

United Arab Emirates: Wednesday, March 11 - 2009 at 14:03

Mizin, the real-estate development arm and a member of Tatweer, today announced that its 23.5 million sq foot Remraam community, has been listed with the Real Estate Regulatory Authority (RERA) of Dubai Lands Department in accordance with Law No. 13 of 2008 that regulates the interim real estate register in Dubai.

The listing will enable Remraam owners to obtain a pre-title deed to their property directly from the Government of Dubai when the project is completed. For non-resident Remraam owners, such a benefit will be especially significant allowing them to hold a government certified ownership document in addition to the existing sales and purchase agreement with Mizin.

The listing, which includes the entire inventory of Remraam units, appears on 'www.oqood.ae', the online service of Emirates Real Estate Solutions (ERES), a subsidiary of Dubai Lands Department that standardizes registration of contracts for all off-plan property transactions in Dubai in accordance with current regulations.

Mizin is currently liaising with RERA on the registration of the sale transactions of Remraam properties.

Ahmad Sharaf, Chief Executive Officer, Tatweer Investments said, 'Mizin is committed to creating a trusted and regulatory environment in Dubai's real estate industry. We intend to facilitate global best practices within the industry by ensuring strict compliance with the latest regulations and maintaining a high level of transparency in our sales processes. We believe these regulations are critical for the long-term sustainability of the market.'

Ahmad Khalifa Al Qaizi, Chief Executive Officer, ERES said, 'Mizin has been extremely proactive in its approach to delivering on RERA's requirements. With the registration of the Remraam project, Mizin is amongst the leading developers to have completed the mandatory registration of all its residential units. We are delighted with the progress of Remraam and will continue to work closely with Mizin on all RERA requirements for master developers.'

Work on the Remraam community continues with 90% of the sewer, water, and drainage systems already completed. 65% of the overall infrastructure has been completed, while excavation works for foundations of 82% of the buildings has also been finished. In addition, 45% of all buildings have had foundations poured and selected buildings have reached the 4th floor.

http://www.ameinfo.com/188130.html

Ok so does it mean that RERA will handle any dispute related to Remraam?

if so then how will law 13 be applied which states that developer should keep 30% of PAID amount and return the rest to investor if the contract is signed before Aug 2008?
:ohno:

[QUOTE=ameelioo;33569870]United Arab Emirates: Wednesday, March 11 - 2009 at 14:03

Rera rule is very clear regarding Law 13, developer can keep 30% of property value only if contracts are signed after August 2008 not before. If signed Before the same terms and conditions will prevail as per the contract between Buyer and Seller.

All Remraam contracts were signed before August 2008 including Phase3 therefore Mizin had to follow the contract which says Maximum penalty of 10% of contract prize can be charged in terms of default.

Is Mizin giving that? Has anyone got a refund? I will be happy to let go of 10% and get my 10% back!

Any comment will be appreciated.



Rera rule is very clear regarding Law 13, developer can keep 30% of property value only if contracts are signed after August 2008 not before. If signed Before the same terms and conditions will prevail as per the contract between Buyer and Seller.

All Remraam contracts were signed before August 2008 including Phase3 therefore Mizin had to follow the contract which says Maximum penalty of 10% of contract prize can be charged in terms of default.

I think we should all hope that this project is cancelled, constructing 200 buildings and having no buyers will spell doom on all of us. Or imagine delivery of half baked project in the middle of nowhere...what would you do? It is not a commercially viable project anymore and should be scrapped...I don't know how everyone feels but this is my opinion. To put more money in this is a disaster!

Is Mizin giving that? Has anyone got a refund? I will be happy to let go of 10% and get my 10% back!

Any comment will be appreciated.

No bcuz according to contract it is upto Mizin for cancellation and Mizin says that they will cancel contract after 90 days if you dont pay your installment but it will pay the remaining amount only when they sell the unit which is not possible in this market.

Well cant entirely write Down this project as Phase 1 at 700 PSF still makes sense for rental return (Abu dhabi residence will be main target) but provided they are able to complete the project. The main attraction for this project was Bawadi which doesnt seem going ahead for long long time now.

Ah thats the catch.....I hear that Dubai holding has a team of lawyer who are going through each contract to see where are the loop holes and how can they avoid defaults!

By the way according to contract March 2012 is the date when investor can demand a refund from Mizin...2010 as communicated the launch date can he delay if Mizin wants....this is all in contract..........


Phase 1 might make sense but what about the rest of them?


No bcuz according to contract it is upto Mizin for cancellation and Mizin says that they will cancel contract after 90 days if you dont pay your installment but it will pay the remaining amount only when they sell the unit which is not possible in this market.

Well cant entirely write Down this project as Phase 1 at 700 PSF still makes sense for rental return (Abu dhabi residence will be main target) but provided they are able to complete the project. The main attraction for this project was Bawadi which doesnt seem going ahead for long long time now.

I think we all are being very optimistic about this project, looking at what is happening at this moment....who wants to put money and wait for project to be completed in 2015. Emaar has called off many projects...why not Mizin? What about there rest of the projects ...why only Remraam. What happened to all theme parks? This project had a value becoz it was suppose to be in the middle of action.....now it stands in middle of nowhere? Who will rent it when there are thousands of property in the center of Dubai remain vaccant. Can anyone give me one reason to stay in this community where there are no schools, hospitals etc nearby. I again say what if it is a half baked project without the mall and community center? How much rent do you expect? Any advise?

I agree there is little or no value in the project.................but I am not sure how Mizin will cancel this project or phases of the projects......its Dubai Holding at the end of the day..........My hopes are the same that it get canceled....

:bash:


I think we all are being very optimistic about this project, looking at what is happening at this moment....who wants to put money and wait for project to be completed in 2015. Emaar has called off many projects...why not Mizin? What about there rest of the projects ...why only Remraam. What happened to all theme parks? This project had a value becoz it was suppose to be in the middle of action.....now it stands in middle of nowhere? Who will rent it when there are thousands of property in the center of Dubai remain vaccant. Can anyone give me one reason to stay in this community where there are no schools, hospitals etc nearby. I again say what if it is a half baked project without the mall and community center? How much rent do you expect? Any advise?

I think we all are being very optimistic about this project, looking at what is happening at this moment....who wants to put money and wait for project to be completed in 2015. Emaar has called off many projects...why not Mizin? What about there rest of the projects ...why only Remraam. What happened to all theme parks? This project had a value becoz it was suppose to be in the middle of action.....now it stands in middle of nowhere? Who will rent it when there are thousands of property in the center of Dubai remain vaccant. Can anyone give me one reason to stay in this community where there are no schools, hospitals etc nearby. I again say what if it is a half baked project without the mall and community center? How much rent do you expect? Any advise?

Rakcha i not advising any1 to buy in this project all i m saying most ppl have paid 35% in phase 1 and thr O.P is 700PSF so it makes sense for them to keep it rather than default. i dont think even in this maket you can Find some ready prop @ 630 psf (Assuming Mizin only charges 10% penalty as defaults) with same facalities as Mizin offered. I have been to site this friday and phase 1 some buildings were on 4th floor (will post pics in some time) and work was still on. After so much progress Mizin will not cancel Phase 1 and 2 for sure may b only Phase 3 but dont think it will refund the money only adjust it in payments with other phases like Emaar.

for the latest pictures from the site (last week)

http://tinyurl.com/remraam

for constant updates on possible site visit to be arranged by the developer as well as regular pics from the site please join the group "remraam online" on facebook.

thanks

Mizin opens new Customer Relations Centre in Dubailand

Mizin, the real estate property developer and a member of Tatweer, today announced that it is relocating its Customer Service Centre on 22nd March from its current location at Dubai Healthcare City to a new purpose-built facility in Dubailand to more effectively meet the needs of its valued customers.

* United Arab Emirates: Monday, March 16 - 2009 at 10:48
* PRESS RELEASE

Located off Emirates Road next to Global Village, the new facility is strategically positioned in close proximity to Mizin's four key projects Majan, Liwan, Arjan and Remraam, providing customers with ease of access from every corner of Dubai.

The 90,000 sq ft facility incorporates the most technically advanced service amenities and dedicated customer parking.

Mizin's new service centre will also utilize the latest in IP based call centre technologies and features dedicated meeting areas for one to one communication. The centre offers the ideal environment to deliver world-class service to its customers.

Ahmad Sharaf, Chief Executive Officer, Tatweer Investments said, 'The relocation of our Customer Service Centre to Dubailand is testament to our continued focus and dedication to our existing customers and demonstrates our commitment to the project. Our center at Dubailand will facilitate greater interaction with our customers and contractors allowing us to cater more efficiently and effectively to their specific needs and requirements.'

With Phase I infrastructure works for all 3 cities already complete, construction work has commenced at 73 individual plots at the Majan, Liwan and Arjan developments.

Work on the Remraam community continues with 90% of the sewer, water, and drainage systems already completed. 65% of the overall infrastructure has been completed, while excavation works for foundations of 82% of the buildings has also been finished. In addition, 45% of all buildings have had foundations poured and selected buildings have reached the 4th floor.

http://www.ameinfo.com/188655.html

Hi investors,
Last month me and couple of investors visited the site. the site engineers say the work is going on but there were very few guys on the site. later they said they are in the process of consolidating the contractors. the work will start after 10 weeks.

I know around 10 investors. if we can form a team to leagally approch it will very vice idea.

http://www.xpress4me.com/news/uae/dubai/20012551.html

Hi,

Please see following their is group of investor that are going to submit a petition to Mizin oy can add your 10 to them the more they have better it is. I thing they have over 50 now

http://groups.google.com/group/remraam-investors-group



Hi investors,
Last month me and couple of investors visited the site. the site engineers say the work is going on but there were very few guys on the site. later they said they are in the process of consolidating the contractors. the work will start after 10 weeks.

I know around 10 investors. if we can form a team to leagally approch it will very vice idea.

Hello Guys,

Please stick to the facebook group (www.tinyurl.com/remraam).. we have more than 50 and growing by the day .. we are doing online advertising out of our phone pocket to bring us all together in one place if you really need to face the developer and get some action with the project.

already some of the contacts around here are related to the developer and are trying to stop us from regrouping & taking action!

please stick to one group so we can have the 100 investors milestone and issue the petition.

We just posted the letter from tamweel advising their clients not to pay the RERA registration as they delayed it until the project reaches the regular construction milestones

PLEASE HELP CONSOLIDATE OUR EFFORTS .. DO NOT DIVIDE.

please have your investors join www.tinyurl.com/remraam as we have more than 50 investors so far and growing by the day .. on the 100 mark we will issue a letter to the developer .. please support our efforts. thanks

Remraamer exactly my point. The google group already has more than 101 investor on the list. They have gone to Mizin with a petition with different options for phase 1,2 & 3. Lets see what the outcome is.....time is very important here. FB thing might take a while to come up....100 + 50 would essentially mean more than 150 investor when it comes to impact....you can view the petition on the google group and if you agree with the text in the petition might as well add the name on the same petition....I think they are going to meet them again coming week...



please have your investors join www.tinyurl.com/remraam as we have more than 50 investors so far and growing by the day .. on the 100 mark we will issue a letter to the developer .. please support our efforts. thanks

In an unprecedented ruling, the Dubai Property Court on Monday ordered a Dubai-based developer to pay over Dh8 million to an investor after it ruled that the purchase contract the company presented to the buyer was invalid as the developer failed to register the land with the Land Department.

According to a court statement, the unidentified investor purchased a number of apartments at Remraam, a project developed by Mizin in April 2008. In January, he discovered that the apartments were not registered in his name. The project is located on the Dubai bypass road, near Dubai Sports City.

Presiding judge Omar Miran issued this ruling based on the Land Department law No 13 of 2008 which stipulates that if a property is purchased off plan, it has to be registered at the registry within 60 days of the sales agreement.

After the court reviewed the complaint registered on January 21, it ordered Mizin on Monday to repay the full amount - Dh7, 490,762 - paid for the apartments, in addition to nine per cent interest to cover legal fees and damages.

A spokesman for Mizin confirmed the issue and said, “the matter is in appeal and still with the courts, hence we cannot comment for legal reasons.”

Law No 13 of 2008 stipulates that any sale or other disposition that transfers or restricts title or any ancillary rights shall be void if not recorded on the registry. Any developer who made a sale or other disposition that transferred or restricted title prior to the coming into force of this Law should approach the Land Department to get it registered in the Real Estate Register or the Interim Real Estate Register, as applicable, within 60 days after the date on which this Law came into force.

This law came into effect months after the contract was signed but requires any off plan projects sold prior to the law to register the sale.

Mizin's properties’ is the real estate arm of Tatweer and Remraam is the developer’s fourth project, according to the company’s website. The company’s former CEO, Sami Al Hashemi is currently in court charged with bribery and fraud.

Remraam project is in its second phase of construction. This phase involves building of the sub and super-structure of the 198 buildings within the community, the website stated.

THERE IS NOW USE OF FILLING PETITION WITH MIZIN AND THEY HAVE REPEATED ANS. ITS TIME TO HIRE A LAWYER AND FILE A CASE AGAINST THEM ONLY THEN WE'LL GET OUR MONEY BACK

Mizin to link payments with building progress


By Suzanne Fenton, Staff Reporter
Published: May 27, 2009, 23:31


Dubai: Mizin, the real estate development arm of Tatweer, is in talks with Dubai's Real Estate Regulatory Authority (Rera) to link investor payments to construction milestones.

Investors in the Remraan project voiced concerns that they continue to pay installments despite slow progress in construction.

"We are currently liaising with Rera to endorse our payment plans which are linked to construction milestones," said a spokesperson for Mizin.

The scheme is expected to give investors a sigh of relief as some of them have already paid as much as 40 per cent of the property's purchase price.

Early this year, regulators came out with a framework that disallows developers from collecting more than 30 per cent of the purchase price of a unit unless construction milestones are incorporated into the payment scheme.

Regulations require developers to fully own the land where the property is to be built, possess the title deeds and have completed 20 per cent of construction before they can sell units off-plan.

"As new requirements and laws have been introduced, we have adjusted our way of doing business in conjunction with Rera.The payments collected to date are within the law and construction has progressed," the company spokesperson said.

Marwan Bin Galita, Chief Executive of Rera, said, "All projects should get approved payment plans."

Over 200 investors in the Remraam project following other investor groups banded together to voice their issues.

Confusion arose when a Mizin staff allegedly told some investors that phase three of the Remraan project was scrapped and a compensation scheme was being worked out.

Mizin however, said that the project is going ahead as planned.

"All phases of Remraan are continuing. We are committed to fulfiling all of our commitments. We are working with a number of investors to help them through the current economic difficulties in cases of non-payment to Mizin," the spokesperson added.

While Amlak and Tamweel had originally offered to finance the project, investors were told the financiers have stopped paying Mizin.

"Tamweel and Amlak are customers and we are not in a position to release information regarding our customers," said the spokesperson.

The Remraan project in Dubailand is valued at around Dh200 billion.

http://www.gulfnews.com/business/Real_Estate_Property/10317602.html

when will phase 1 be completed...will all phases be given all together

I received a letter from Mizin offering a new payment plan endorsed by Rera, and a prompt payment discount on the final payment of approx Dhs 250 psf. This brings the price per unit to Dhs 800 psf. There seems to be plenty of activity on site, but not in phase 3 - though foundations have been laid. I am optimistic that the project is finally on track, but concerned if it is a viable proposition. Might be better to walk away from the 30%; and buy something ready (even if it is a bit smaller) for the remaining amount. Decisions! Decisions!

Opus

I got a letter from MIZIN with the revised payment plan endorsed by RERA dt 07 July 2009 on 06 August but it doesn't mention of any discount. I have brought a property in Phase-3. Which Phase is your property in? Please PM me.

I received a letter from Mizin offering a new payment plan endorsed by Rera, and a prompt payment discount on the final payment of approx Dhs 250 psf. This brings the price per unit to Dhs 800 psf. There seems to be plenty of activity on site, but not in phase 3 - though foundations have been laid. I am optimistic that the project is finally on track, but concerned if it is a viable proposition. Might be better to walk away from the 30%; and buy something ready (even if it is a bit smaller) for the remaining amount. Decisions! Decisions!

Can the Administrators change the status of this project to "under construction"? Phase 1 & 2 are in full swing since they consolidated the contractors into one (DCE, I think). A number of the buildings are almost topped out and these are clearly visible from the Outer by pass road.

http://i27.************/11j7k7n.jpg

Dubailand project on track

by Sarah Blackman Aug 18, 2009

Dubailand’s Remraam Community is on track for completion with all four phases of the project under progress, it was announced yesterday.

Contractors working at the 22 million m2 development have completed the superstructure on a number of buildings, while 90% of the excavation work has been completed and over 70% of the buildings have been poured.

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

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

Once completed, Remraam will be a self contained community, offering health facilities, a community mall with restaurants and entertainment outlets, in addition to retail outlets, nursery, parks and walkways.

It will consist of 198 apartment blocks ranging from five to seven stories high.

Infrastructure work throughout the development is progressing as planned and interior design has been finalised.

Mizin, the real estate development arm of Tatweer and developer of Remraam, has revisited the master plan and upgraded both the interior design and community services within the development.

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

http://www.constructionweekonline.com/article-6163-dubailand_project_on_track/

anybody planning to take some pictures in the next time?

From space it looks like very good progress, however it looks like the surrounding developments are not that fast, for example golf city is slow.

anybody planning to take some pictures in the next time?

From space it looks like very good progress, however it looks like the surrounding developments are not that fast, for example golf city is slow.

^^
The Golf Courses are being laid. I visited on Friday and the part closest to the Remraam community were underway. I understand that the Golf courses and the Club house will be done by the end of 2010.

There is a new website for Dubai Golf City:

http://www.tilaldubai.com/

and the Sales Centre is now open.

thanks for that info. I was under the impression that Tilal Dubai would be nearly dead, so it is good news!

198 apartment blocks?! I had no idea there were that many. Isn't that almost as much as Discovery Gardens?

Remraam project well on-track

Construction work on Remraam project, a major self-sufficient community development in Dubai, is well on schedule, with noteworthy progress achieved on all phases of the development.

The contractors involved in the project have been working simultaneously on all aspects of the community, and have completed the superstructure on a substantial number of buildings to their full heights, a company statement revealed.

Abour 90 percent of the excavation work on the 22.6 million square feet community project has been completed, while the foundation has been poured for over 70 percent of the project. The infrastructure work throughout the development is also progressing as planned.

The interior design has been finalized and the interior finishes for apartments have also commenced. A model apartment has been completed with enhanced finishes and fixtures, and will be show-cased for investor viewing shortly.

The Remraam Community is steadily getting into shape, and has already achieved several major construction milestones during the past month, said Saeed Bushalat, Dubai Properties Group.

The progress of the project confirms the company's commitment towards the investors and the scheduled delivery of the project, he added.

Remraam is 100 percent compliant with RERA (Real Estate Regulatory Authority) laws and has offered customers with the scope of offering payments based on construction milestones achieved, rather than the regular timeline-based fixed time payments.

Investors in the project have also been offered assistance during the current economic crisis, including incentives that will reward prompt payments with reduction of up to 30 percent on their purchase price.

The development offers true community lifestyle which offers good value for money. The Arabian-themed development features low-rise architecture with high quality standards and an outstanding location within Dubailand, ideal for a range of potential home owners.

On completion, Remraam will be a self-sustained community, offering lush landscaping, which covers 85 percent of the development, with a range of amenities such as swimming pools, health club, gymnasium, sauna and steam rooms, basketball and tennis courts, restaurants, community mall and entertainment outlets, apart from nursery, walkways, parks and retail outlets.

Please can we finallly have a change of status of this to "under construction"?
:cheers:

12/06/09

looks not like 198 buildings!?

http://img6.imageshack.us/img6/2273/remraan.jpg

'tis done. The die is cast. I signed up for the revised construction linked plan for my phase 3 units. Hope won't regret my decision.

http://rpdubai.ae/rpdubai/SharedFolder/ProgressIndicator/975_77.jpg

Dubai Properties Group completes two model apartments at Remraam community

http://www.ameinfo.com/images/news/large/0/86380-mmodel.jpg

Remraam, a development of Dubai Properties Group, today announced the completion of two model apartments at the landmark development, featuring the recently announced interior design upgrades. The apartments will allow customers and investors to view units for the first time.

The two model apartments bear testimony to the quality of fixtures and finishings throughout the development, which have been upgraded from the master plan. One and two bedroom apartments are available for viewing by appointment with the Remraam customer service centre.

Other key milestones at Remraam include the completion of 11 buildings to their full height. Within these structures, works on the concrete block exterior have begun in addition to the commencement of mechanical, electrical, and plumbing works. A primer coating has also been completed on several buildings. In addition, nearly 30 per cent of the buildings have reached the third-floor level and work on the interior design continues across the development.

Khalid Al Malik, Group CEO, Dubai Properties Group, said:

"We are thrilled to be able to demonstrate to our customers that we have met the highest standards of quality with these new model apartments. The apartments confirm our commitment to the project delivery schedule and the presence of about 2,600 workers on site each day strongly reflects the steady progress at the development."



Set across 22.6 million sq. feet 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.

When fully completed, Remraam will be a self contained community for a wide range of potential homeowners, offering lush landscaping over 85 per cent of the development and a gamut 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.

http://www.ameinfo.com/209836-large.html

Construction Update

http://www.remraam.ae/

Had a meeting with Mizin yesterday and am very confused what's happening.... I got units in phase 2 and have been verbally advised about different payment options, building swaps etc but have not received anything in writing. Any news anybody?

http://i34.************/15rzebq.jpg

DPG claims Remraam is on schedule

by Matt Warnock on Nov 9, 2009

Dubai Properties Group (DPG) has stated that work on its 22.6 ft² Remraam community set within Dubailand is on schedule with 30% of superstructure works complete.

In addition, 36% of the buildings having reached the fourth floor, while infrastructure lies at 70% completion. Work on the dedicated 132 KV power substation is also underway.

“The REMRAAM community is steadily taking shape with the realization of several key construction milestones. The consistent progress on all fronts confirms our commitment to our investors and to the scheduled delivery of this groundbreaking development,” said DPG group CEO Khalid Al Malik.

http://www.constructionweekonline.com/article-6879-dpg-claims-remraam-is-on-schedule/

Its great to see ANOTHER residential project in Dubailand doing so well.

Yes, brilliant indeed! This is exactly what Dubai needs more of right now - MORE villas and apartments! <:|>

Can you please advise the exact link to the website where this progress is updated. Thanks

^^Go to this website (http://www.remraam.ae/) and click on "remraam construction updates" at the top right corner of the webpage.

Ok, so besides the single picture of the bare kitchen cabinetry, are there are "other" pictures of these alleged model units?

I contacted my bank last week and was told that they have suspended payment to Mizin despite receiving the new construction-linked payment plan approved by RERA. Mizin is offering a discount in exchange for accelerated payments against a new contract but the specific details of the unit are not mentioned in the contract.....just says a 'similar unit'. Which is why the bank has stopped paying. Matter is being looked into by the legal dept of the bank.

Another info I got is that Mizin has downsized the project and no buyer is asssured of getting the same unit that he had purchased

I contacted my bank last week and was told that they have suspended payment to Mizin despite receiving the new construction-linked payment plan approved by RERA. Mizin is offering a discount in exchange for accelerated payments against a new contract but the specific details of the unit are not mentioned in the contract.....just says a 'similar unit'. Which is why the bank has stopped paying. Matter is being looked into by the legal dept of the bank.

Another info I got is that Mizin has downsized the project and no buyer is asssured of getting the same unit that he had purchased

I drove to the site this morning - through the Studio city and ended up at the phase 1 end of Remraam. I was amazed at the amount of progress in the last 4 months. The buildings at that end (the ones I could see from the dirt road) were topped out and a couple of them had been externally painted. Also site visits are scheduled to commence in Feb.

Dubai Properties Group (DPG), a member of Dubai Holding, today announced the prestigious 23.5-million square ft Remraam development has registered another significant milestone with 25 buildings reaching full heights as construction rapidly progresses on the five, six and seven-floor residences.

http://www.ameinfo.com/images/news/large/0/92660-Remr.jpg

More than 3,000 workers are on site daily with over 50 cranes operating throughout the development as 46% of the superstructure is nearing completion ahead of schedule. In addition, infrastructure work continues across the development's low-rise residential units.
With more than 85% of excavation and 50% of foundations completed at the site, work has commenced on the construction of roads to service the community that will feature upscale studio, one, two and three-bedroom apartments.

Khalid Al Malik, Group CEO, Dubai Properties Group, said:

"The new construction milestones met by the Remraam development reflect our commitment to delivery schedules. We have mobilized our contractors and labour force to achieve rapid progress and offer a pioneering new project to clients and customers."

Contractors have commenced interior fit-outs including walls, floor tiles and fixtures. External primer paint is progressing with work continuing on balconies and decorative surfaces.

When completed, Remraam will be a self-contained community for a wide range of potential homeowners, offering lush landscaping over 85% of the development and a gamut of facilities including swimming pools, a gym and health club, sauna and steam rooms, tennis and basket ball courts, a full-fledged community mall with restaurants and entertainment outlets, in addition to retail outlets, nursery, parks and walkways.

http://www.ameinfo.com/221884.html

http://i47.************/66m346.jpg
http://www.constructionweekonline.com/article-7446-25-buildings-topped-out-at-remraam/

I like this project, close to Tilal, be a nice location if Tilal, bawadi and the arabian canal is ever built

so, finally model apartment viewing started. I've seen the project and have to say that the progress in sectors 1 and 2 is great-did not expect they finished so much. the outside finishings of buildings are beautiful, lots of space between two blocks. materials are good, kitchens and bathrooms nice. good layout what we... have seen, cant wait for the lanscaping to start.

so, finally model apartment viewing started. I've seen the project and have to say that the progress in sectors 1 and 2 is great-did not expect they finished so much. the outside finishings of buildings are beautiful, lots of space between two blocks. materials are good, kitchens and bathrooms nice. good layout what we... have seen, cant wait for the lanscaping to start.

What about phase III? Has construction for this phase also commenced? It is rumored that out of the total 198 bldgs in the project as planned originally, only 70-80 are being built. Can somebody in this forum who has done the site visit confirm this

they are progressing fast on phase 1, not much on phase 2 and 3. however they were saying none of the phases will be cancelled as no more phases, all one project, different delays.

they are progressing fast on phase 1, not much on phase 2 and 3. however they were saying none of the phases will be cancelled as no more phases, all one project, different delays.

^^
Actually it is phase 3 and 1 that are progressing. This the stretch of Remraam all the way from the Outer by pass road to the Golf Courses. I understand that owners of phases 2 and 4 have been moved across and project scaled back.

yep, I think Opus 2009 is right. I heard the same in their office. Phase 1 and 3 going forward.

http://www.eyeofdubai.com/en/images/Remraam-Customer-Tour-7.jpg
Construction Gains Momentum as 35% of Buildings Reach Full Height

REMRAAM™, a Dubai Properties Group Development, today announced it has opened two model apartments for viewing by potential customers and investors. Tours of two completed units at the 22.6 million sq ft community in the heart of DUBAILAND® are now being scheduled.

Site tours will be scheduled twice daily on Monday, Tuesday and Wednesday, by appointment only, to allow potential REMRAAM customers to view two elegantly furnished one and two bedroom apartments and observe construction milestones throughout the development.

In addition, Dubai Properties Group (DPG) confirmed that work is progressing at the prestigious community with superstructure work 47 per cent complete and more than 35 per cent of the buildings have reached their full height. 52 per cent of buildings have reached the third-floor level, and 48 per cent have now risen to the fourth-floor level.

Block and plaster works have been completed on several buildings, while external paint works are progressing on site. The external decorative GRC and metal works are already being installed on the buildings’ facades. Work on the wall and floor ceramics are progressing, as well as the A/C, electrical and plumbing systems.

Nearly 90 per cent of the sanitary network is also complete, and construction work is underway for the 132 kv power substations. More than 2,700 workers are currently working on site.

Khalid Al Malik, Group CEO, Dubai Properties Group, said: “We are thrilled to be able to offer our investor an opportunity to preview the model apartments and asses the ongoing construction progress at the development.” The construction milestones on the REMRAAM community are a strong indication of DPG’s commitment to project delivery.

Set across 22.6 million sq. feet and combining upscale community living with a value for money proposition, the Arabian-themed REMRAAM features low-rise architecture, high quality standards and an outstanding location within DUBAILAND®, the region’s largest tourism and leisure development.

When completed, REMRAAM will be a self contained community for a wide range of potential homeowners, offering lush landscaping in over 85 per cent of the development and a gamut 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.

http://www.eyeofdubai.com/v1/news/newsdetail-40971.htm

Received a letter from Dubai Properties yesterday advising the project is delayed by 3 months and the revised completion quarter is now June 2011.....Typical

Remraam properties to be delivered on schedule

Trends indicate people moving in from other emirates

# By Aya Lowe, Staff Reporter | Published: 00:00 September 15, 2010 | Gulf News

http://gulfnews.com/polopoly_fs/remraam-features-a-mix-of-high-and-low-rise-residential-buildings-1.682264!image/3608383263.jpg_gen/derivatives/box_475/3608383263.jpg
Remraam features a mix of high and low-rise residential buildings. The development includes studios, one-, two- and three-bedroom residences.

*Image Credit: Supplied

Dubai: Remraam, a residential community located in Dubailand, is making steady progress with nearly 100 per cent of the foundation work and 72 per cent of infrastructure work complete, Dubai Properties Group (DPG) announced yesterday.

"The Remraam community complements our existing portfolio of residential properties. DPG aims to achieve more significant milestones in the months ahead and we remain steadfast in our commitment to delivering Remraam to our customers," said Khalid Al Malek, Group CEO, DPG.

A member of Dubai Holding, DPG also announced that it can confirm that mortgage customers will receive their units within the timelines.

Remraam features a mix of high- and low-rise residential buildings.

The development includes studios, one-, two- and three-bedroom residences, many with extended balconies, terraces and private gardens.

Promoting itself as a family community development, Remraam will feature landscaping, walking paths, children's playgrounds and other recreational facilities. A community centre with convenience stores and restaurants is also in the pipeline, according to DPG.

Easy access

Located in Dubailand, Remraam is easily accessible by major highways and road networks including Emirates Road, Dubai Bypass Road and Al Khail Road. According to ArabianMoney, the Dubai residential property vacancy rate has fallen 25 per cent in recent months. "It is a big shift and a significant change in the local property market. It is a supply squeeze and quite the opposite of what we expected," said Peter Cooper, ArabianMoney editor and publisher.

In June, ArabianMoney found that there were 20,130 properties listed for sale and 11,797 for rent in Dubai, for a total of almost 32,000 or around 11 per cent of the estimated 300,000-unit housing stock.

"This could be a sign that people are actually coming back after the summer, and lower rent has brought back the commuters from Sharjah and encouraged those paying high rents in Abu Dhabi in turn to commute from Dubai," Cooper said.

Capital flows rise

According to a Jones Lang Lasalle, global capital flows have picked up in retail, hotel and industrial sectors as investors seek to diversify investments. This depicts a boost in confidence as investors turn back to investing in real estate.

Commercial real estate transactions nearly doubled in the first half of 2010 compared to the same period a year ago, Jones Lang Lasalle said.

Global commercial real estate investment was put at $132 billion (Dh484.7 billion) for the first half of 2010. Volumes in cross-border activity now stand at 40 per cent. "Mixed economic news plus longer transaction processes due to investor due diligence may mean that investment volumes do not continue to grow at levels seen in the first half 2010," said Arthur de Haast, Head of the International Capital Group at Jones Lang LaSalle.

Gulf News (http://gulfnews.com/business/property/remraam-properties-to-be-delivered-on-schedule-1.682147)

http://dubaiholding.com/media-centre/news/2010/September/REMRAAM-Rapidly-Emerges-in-DUBAILAND-/

from 14.9.2010

Remraam, The Villa, Bay Avenue, Beach Club getting ready

By Staff | Published Monday, October 04, 2010

Dubai Properties Group (DPG), a member of Dubai Holding, said on Monday it will complete and commence the handover of four new residential, retail and leisure developments next year.

The four projects are Remraam residential community in the heart of Dubailand, The Villa phase II, a the popular residential community in Dubailand, Bay Avenue at The Executive Towers in Business Bay, a 175,000-square foot retail destination, and the first Beach Club at the iconic Jumeirah Beach Residence.

The new projects will complement an existing DPG real estate portfolio of 16 developments, featuring 7 communities launched in the past 12 months in prime locations across Dubai including The Executive Towers at Business Bay; Shorooq and Ghorrob in Mirdif; Layan, Al Waha and The Villa in Dubailand and Nuzul staff accomodations in Jebel Ali.

“The completion of these four projects will strengthen our unique mix of real estate and demonstrates our commitment to delivering an extraordinary range of communities at every price range in every corner Dubai,” Khalid Al Malik, Group CEO, Dubai Properties Group, said:
DPG is currently in the process of handing over Vision Towers, a 51-story freehold office tower in Business Bay and expects to complete Bay Square, a unique business, retail and residential project also located in Business Bay, in 2011.

Emirates 24|7 (http://www.emirates247.com/property/real-estate/dpg-to-hand-over-four-projects-2010-10-04-1.299214)

http://dubaipropertiesgroup.ae/en/properties/Remraam

updates including show apartment

The first phase handover is in April 2011 then the 2nd phase is in July 20100...hoping for the best

The first phase handover is in April 2011 then the 2nd phase is in July 20100...hoping for the best

Wow, that's a big gap between those two handovers :nuts: :lol:

18089 years later! WOW!!!

Correction!
The first phase handover is in April 2011 then the 2nd phase is in July 2011...hoping for the best

http://dubaipropertiesgroup.ae/en/properties/Remraam

updates including show apartment

:cheers:

http://dubaipropertiesgroup.ae/uploads/afea937ba7adba320cf38f94e4a33a54c346220e.jpg

http://dubaipropertiesgroup.ae/uploads/9b97bd62f6555fedc066da41ceb77228bd369f5d.jpg

http://dubaipropertiesgroup.ae/uploads/0e9ed81a4537874b77341865c1ce96c381a6289e.jpg

Dubai property group posted these picture in Feb 2011

:cheers:

http://dubaipropertiesgroup.ae/uploads/afea937ba7adba320cf38f94e4a33a54c346220e.jpg

http://dubaipropertiesgroup.ae/uploads/9b97bd62f6555fedc066da41ceb77228bd369f5d.jpg

http://dubaipropertiesgroup.ae/uploads/0e9ed81a4537874b77341865c1ce96c381a6289e.jpg

http://i56.************/2md4475.jpg
Infrastructure at Remraam, Dubailand has been largely completed.

by CW Staff on May 18, 2011

With handover set to commence in the second quarter of this year, final touches are underway at the Remraam residential development in Dubailand.

“The construction of roads and related infrastructure is substantially complete,” said Dubai Properties Group (DPG) CEO Khalid Al Malik.

DPG, a member of Dubai Holding, has also announced it has received certification from Dubai Civil Defence (DCD) for the first set of buildings at Remraam.

“The achievement of DCD certification is a significant milestone, and confirms our commitment to the delivery of this highly anticipated new community.

http://www.constructionweekonline.com/article-12403-remraan-project-at-dubailand-to-be-handed-over/

Kevin Brass | July 1, 2011

http://www.thenational.ae/deployedfiles//Assets/Richmedia/Image/SaxoPress/AD20110701749198-1-UAE%20-%20Dubai%20-%20J.jpg
The Remraam apartment project, which is surrounded by empty desert. Jaime Puebla / The National

Angry buyers in one of the largest apartment projects in Dubailand are demanding refunds and threatening to sue, claiming the project about to be delivered is nothing like the oasis they were promised.

Promotional materials for Remraam touted extensive landscaping, large swimming pools, community centres, shopping malls and proximity to Dubailand's proposed amusement parks. Eighty-three per cent of the grounds would be covered by greenery, the ads said.

But as the developer Mizin, a subsidiary of Dubai Properties Group (DPG), prepares to begin handing over the first of 3,000 apartments in the next few weeks, none of those elements have been built. There is no landscaping or recreational facilities, and the project is surrounded by empty desert for kilometres in every direction.

"It's not habitable, and it won't be for some time," said Amit Gupta, a banker who paid a deposit in 2008 on a Dh1.2 million (US$327,000) two-bedroom apartment in the first phase. "That is not what we paid for."

The developer insists Remraam, named after a plant that grows naturally in the UAE, will eventually live up to the glossy brochures distributed during the height of Dubai's property boom. Landscaping and the other amenities are still in the plans, a spokesman said.

"DPG is committed to this project, which will be delivered in accordance to initial expectations," said a DPG spokesman. "However, a community takes time to mature."

Remraam includes 56 buildings, ranging from five to seven storeys. Original plans called for about 200 residential buildings, part of Dubailand's network of projects surrounding amusement parks and the Mall of Arabia, designed to be the world's largest shopping mall.

Most of the projects around Remraam, including the Mall of Arabia, the $1.1 billion Tiger Woods Dubai residential development and the amusement parks, were put on hold after the global financial crisis.

Remraam was downsized and construction delayed on many of the buildings. Buyers of units that have stalled have been offered ones in buildings closer to completion.

"Mizin only delayed buildings due to non-payment from customers," the DPG spokesman said. "All customers who fulfilled their contractual payment obligations received the units they booked or alternatives as agreed mutually."

But Rizwan Butt said he stopped making payments when it became clear no construction was taking place on his building.

"They want the rest of the payments, but I don't see a single brick," said Mr Butt, who made a down payment on a Dh1.7m three-bedroom apartment in 2008.

"Why should I pay?" he said. "What they have promised is completely not what is getting delivered."

Some buyers said they would demand refunds if their apartments were not delivered by the end of last month, as stated in their contracts.

"I'm happy to lose my 5 per cent [deposit]," said one buyer, who asked not to be named. "I'd rather that than be in a project in the middle of the desert."

http://www.thenational.ae/business/property/downsized-dubailand-development-sparks-fury

No roads, nothing to do and in the middle of the desert. You don't need to pay money to head out into the desert off-road for the pleasure of your own company,

Has anyone moved in yet?

http://www.arabianbusiness.com/incoming/article442024.ece/ALTERNATES/g3l/Remraan.jpg

Investors in Dubai’s Remraam Community have petitioned the emirate’s ruler to intervene in a dispute with the project’s developer, after they were told they risked fines if they failed to accept the handover of properties in the unfinished complex.

The Dubai Properties Group development was scheduled to complete in June 2010, complete with pools, malls, landscaping and retail features. But owners said in a petition to the Ruler’s Court that they were being forced to accept properties without water and electricity connections.

The document, seen by Arabian Business and signed by 37 buyers, asked the court to intervene to insist DPG commit to connecting homes to utilities and developing promised infrastructure.

Buyers have also asked for compensation for losses incurred during the delay of the handover, such as interest on mortgage payments.



“We are being forced to take possession of half-baked apartments and communities in Remraam, which is in the middle of the desert with no amenities and no DEWA. The electricity is provided through generators [and water tanks],” a spokesperson for the group told Arabian Business.



“DPG needs to commit to the completion of facilities and proper infrastructure. Non-completion makes Remraam an unlivable community.”

DPG, the company behind the stalled mega-resort Dubailand, said in emails to buyers that they faced penalties if they failed to accept the handover of the properties in their existing state.

“We understand that you may wish to defer your own occupation of the property until the community has matured and of course this is your right,” said one email. “However, you are contractually obliged to complete the handover process within 30 days of the completion date.”

Another email, dated Jan 4, said: “The final date to complete handover formalities, without penalties, is January 16, 2012 so we recommend that you schedule your appointments without further delay.”

Investors have also been issued with service fees before the handover of their properties, a charge they are contesting. One couple, yet to take possession of their property, received a letter requesting AED1,682 in maintenance charges for the period Jan 5 to March 31, 2012.

“This is total injustice – they can’t just barge over people like this. This is our hard-earned money,” one investor, who asked not to be named, told Arabian Business.

“We just want DPG to give us what they showed us on the brochure – to give us a community that is livable for families so we can get some return on our investment.”

In a statement to Arabian Business, DPG said the basic infrastructure for the project was in place, and denied charging homeowners service fees before their units had been transferred.

The company also highlighted its attempt to help customers who were struggling financially.

“We have offered a series of initiatives to help our customers that include but are not limited to; price reductions, unit upgrades, late payment fee waivers, family consolidations, deferred payment plans etc,” the statement said.


http://www.arabianbusiness.com/investors-petition-dubai-over-unfinished-properties-442025.html

Hi:

Please see the below website of HOW DUBAI PROPERTIES GROUP IS FORCING INVESTORS TO TAKE POSSESSION OF APARTMENTS WHICH ARE FULL OF DEFECTS!!!
http://gulfnews.com/news/gulf/uae/general/remraam-rant-my-new-flat-has-over-140-defects-1.1020896
Remraam rant: My new flat has over 140 defects
Investor says he is being forced to take possession of Dh1.3 million flat declared "not ready for occupation"

By Jay B. Hilotin, Chief Reporter
Published: 00:00 May 10, 2012

Be the first to commentShare on facebookShare on twitterShare on emailShare on printMore Sharing Services0.
Image Credit: Supplied
A view of the Remraam community
DUBAI An apartment owner in Remraam, a mid-rise community off the Dubai Bypass Road, said he is being asked to take possession of a unit declared "not ready for handover and occupation" after 144 defects were found.

Madhu Krishnan, 35, said he has taken out a 20-year mortgage for Dh9,500 a month for his Dh1.3 million two-bedroom unit, but was horrified to find mouldy walls inside the brand new apartment, unsealed windows that allowed in dust and a damp issue even before utilities were connected to the unit.

"These are not minor issues," said the Indian IT executive. "I would like to move in, I've waited long enough, but I can't take possession until these problems are sorted. I want to live in it or rent it out. But if it's unlivable, this is impossible."

XPRESS saw a report by snagging company Realpoint which conducted the checks on April 11 of Unit 205 at Remraam's Al Thamam 47 building, listing numerous defects.

Article continues below

A majority of the defects listed in Krishnan's two-bedroom unit may be cosmetic, but the report said it was a result of sloppy execution - and that the total number of defects was a "concern".

A "snag list" is a list of defects in a newly-built home or any new construction or renovation. Defects marked yellow and red must be addressed immediately "to prevent any further defects occurring to the building", the report stated. The 17 defects marked red mean these major issues need to be fixed - such as loosely-installed smoke detectors or doors that won't lock.
"The sliding door to the balcony suffers from the same issue as the windows … the installation of the doors is incomplete as the frame is propped on timber packers," it added.

Hassan, a young Arab accountant who bought a studio at Remraam, faces a similar dilemma. "I'll move in anytime if the property is ready. They promised us a build quality that is the same, if not better, than The Greens. Remraam was down-scaled and the promised 70 to 80 per cent greenery is nowhere. Meanwhile, the financiers are charging me the full amount."

Hassan, 29, said he gave a Dh100,000 down payment for his unit. "I had offered to pay another Dh100,000 to give up my rights and clear my name - but the financing company won't take it. Now I'm told that whether the snagging is good or bad, I must take the unit. Then they will start encashing my monthly cheques. My future is ruined."

DPG responds

A DPG spokesperson said: "There is steady progress at Remraam every day. A community usually takes time to mature, and it is standard market practice for investors to take handover of units whilst the master community is still in development."

While they cannot comment on individual cases, the spokesperson added: "Prior to hand-over, all units comply with strict regulatory approvals from Civil Defence and Dubai Municipality and our own inspection of hand-over readiness, so the rectification takes place before possession. Contractors are subject to a one-year defect liability period and the items mentioned above are covered within this liability period. Should an issue arise within the first year of residence, investors should contact the property management company, who will then liaise with the necessary agents and proceed from there."

Can someone guide me on how to upload pictures?

I drove around the community yesterday and was impressed with how well it is all coming together. Landscaping was amazing and buildings look good too. This is going to be one to watch!

^^

Follow the instructions on this video.

-XuITTRSt-Q