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Sunday, November 29 - 2009

Phase 1 of Mizin's Remraam project sold out

  • United Arab Emirates: Saturday, November 24 - 2007 at 09:23
  • PRESS RELEASE

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.

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  • Reemram project.
    Reemram project.
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.
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Notes and media contacts

About Mizin

Launched in September 2006, Mizin, a member of Tatweer, is a real-estate specialized company. Going the extra mile beyond the traditional concept of real-estate development, Mizin will introduce innovative ideas with unique value propositions and ensure implementation is inline with the highest international standards.

About Tatweer:
Launched in December 2005 Tatweer is one the region's most promising enterprises and a Member of Dubai Holding. It owns nine market-leading companies and managing an ambitious business development plan.

Its current portfolio is divided into Energy & Healthcare, Tourism & Entertainment, Industry & Knowledge. Its entities are Dubai Healthcare City, the region's hub for world-class quality healthcare services; Mizin, one of the most advanced real estate companies in the region; "The Tiger Woods - Dubai" an exclusive golf community that will include a Tiger Woods designed Golf Course; Dubailand, one of the biggest leisure, entertainment and tourism destinations in the Middle East region; Dubai Industrial City, an industrial township to develop Dubai as a leading manufacturing hub; Bawadi, the world's leading hospitality and entertainment project bringing 31 hotels and more than 29,000 hotel rooms; Dubai Energy, investing in regional and global energy opportunities and building a diversified investment portfolio; Dubai Mercantile Exchange, the first commodity futures exchange in the Middle East; Global Village, which brings together 160 different countries showcasing myriad cultures; and Moutamarat, the first Arab initiative organizing research-based conferences and exhibitions.

A Member of Dubai Holding, Tatweer and its entities will continue to consolidate a group of life-improving industries. In addition, it has pioneered the market with joint venture initiatives with leading companies such as the New York Mercantile Exchange or the Saudi Research and Publishing Company.

Tatweer will continuously strive for world-class performance implementing leadership development to drive and sustain business excellence, quality and high performance.

For further information:

Maya El Hachem
Account Manager
Jiwin Public Relations
Phone: +971-4-3692925

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