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Mizin - Remraam

Discussion in 'UAE Property' started by janith, Apr 22, 2008.

  1. janith

    janith New Member

    Dear Users

    I would like to know if anyone has any experience dealing with mizin and if so if their upcoming release of Remraam in Dubai is a good opportunity to invest? Any thoughts would be much appreciated.

    Thanks
    CJ
     
  2. remraam

    yes im too intrested in this project and think have emailed mizin but no reply (yet!)

     
  3. Mobee

    Mobee New Member

    I think the launch is on the 26th this Saturday and judging on the first two phases it should be a good investment. I am only curious to know what the selling price will be / sqft.

    If anybody knows kindly update.
     
  4. X-MAN

    X-MAN New Member

    The selling price starts at 995 psf
     
  5. Naseem islam

    Naseem islam New Member

    Remraam

    Hi,

    Any idea if UAE Non Resident can invest in the Remraam project.

    naseem
     
  6. Elphaba

    Elphaba New Member

    Knowing UAE developers, I'd imagine they'd take anyone's money.
     
  7. X-MAN

    X-MAN New Member

    as far as i know non UAE residents can invest in any freehold project, but financing terms are different like minimun down payment, finance charges ets... you should check with banks for details.
     
  8. Roshan

    Roshan New Member

    Mizin is part of the Tatweer group which is again a part of Dubai holding. Remraam is a good project but I do not know where the prices are at the moment. Last I heard was Dhs 975 psf.

    Phase 1 got sold out in half a day. Phase 2 was launched sometime back. You should now be looking at phase 3.

    Roshan
     
  9. Mobee

    Mobee New Member

    Judging by the previous response and outlook Remraam - Mizin seems like a great investment.
    In Dubai, whether you are a resident or non-resident you can buy property both leasehold and freehold. The main difference is that with freehold you have the privellage of obtaining a residency visa. The rest is pretty much the same.
    My advice is definitely go for mizin.
     
  10. Naseem islam

    Naseem islam New Member

    Dear Mobee,
    Thank you . i plan to be in Dubai on 26th and hope to book an apartment.

    Naseem
     
  11. janith

    janith New Member

    Remraam

    Is AED995 PSF a bit too high for the location of Remraam or is it reasonable?
    CJ
     
  12. Doobedoo

    Doobedoo New Member

    Does anybody have an idea of the typical payment schedule with Mizin for this release(or experience from the last phases)? Thanks.
     
  13. Sina

    Sina New Member

    Any news about Remraam's new launch today? the Sq ft price and availability?
     
  14. Roshan

    Roshan New Member

    Dhs 995 psf I was told by someone today.

    Roshan
     
  15. Sina

    Sina New Member

    Payments should be paid quarterly as following:
    5% on booking,

    10%
    5%
    10%
    5%
    10%
    5%
    10%
    5%
    10%,

    Then 25% on completion.

    That was the payment schedule from phase 1.
     
  16. Sina

    Sina New Member

    995 is a reasonable price... Someone told me it was 1350! and I was planning to throw a party!

    Cheers
     
  17. Roshan

    Roshan New Member

    It will go that in time to come. Prepare for the party. Include me in the list of invites LOL.

    Roshan
     
  18. Roshan

    Roshan New Member

    5% followed by 10% after 3 months and then 5-10....upto 75% every three months. Balance 25% on completion.

    Roshan
     
  19. Sina

    Sina New Member

    Hi Sammy,
    What phase does this studio belong to?

    Thanks
     
  20. Sina

    Sina New Member

    You'll b the first on the list :)
     
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