Property Overview
This is a fully furnished studio apartment in Remraam, a gated apartment community by Dubai Properties in Dubailand, Dubai. Measuring 387 sq ft, it is offered as a below-market distress sale at AED 490,000, or about AED 1,266 per sq ft, and is currently tenanted at AED 45,000 per year.
Property Highlights
- Fully furnished studio apartment in Remraam, Dubailand
- 387 sq ft, ready and currently tenanted
- Rented at AED 45,000 per year — a gross yield of about 9.2%
- Gated, green community with resort-style amenities
- Asking price of AED 490,000 (approximately AED 1,266 per sq ft)
Deal Classification and Pricing
This is a distress listing classified as Below Market. The agent and DPF operator indicate that the AED 490,000 asking price sits below a dated market comparable for equivalent Remraam studios. Based on the size of 387 sq ft, the asking price works out to about AED 1,266 per sq ft.
The specific dated comparable that supports the Below Market classification was not included in the written brief and is to be recorded on DPF's evidence file; a specific savings percentage is therefore not stated on the page. The agent additionally markets the unit as the "lowest priced studio in Remraam" — an agent-supplied marketing claim that has not been independently verified by DPF and should not be relied on without checking current comparable listings and transaction data.
Tenancy and Investment
The studio is sold tenanted, currently rented at AED 45,000 per year. Against the AED 490,000 asking price this represents a gross yield of about 9.2%, consistent with the strong studio yields for which Remraam is known, giving an investor rental income from day one. The buyer inherits the existing tenancy until the lease expires; the lease end date, security deposit and Ejari registration should be confirmed before purchase.
Layout and Interior
The brief describes a fully furnished studio of 387 sq ft. Bathroom, parking, floor and view were not supplied and should be confirmed, along with the included furnishing inventory and the specific building and cluster. To keep this listing accurate, no unit-specific details beyond those supplied have been added.
About Remraam and Dubai Properties
Remraam is a gated, master-planned apartment community by Dubai Properties in Dubailand, set at the intersection of Emirates Road (E611) and Hessa Street (D61). It comprises 56 low-rise buildings across two clusters — Al Thamam, handed over in 2013, and Al Ramth, which has continued to deliver buildings — offering affordable studios to three-bedroom apartments amid extensive parkland. Amenities include resort-style swimming pools, a gymnasium, basketball, volleyball and tennis courts, children's playgrounds, BBQ areas, a retail centre, nursery and school, a mosque and community centre, landscaped parks and pedestrian paths, with covered parking. The community sits opposite Mudon and Golf City, near Arabian Ranches, Trump International Golf Club and Dubai Autodrome.
Sale Type and Terms
This is a ready, tenanted studio offered on the secondary market. Service charge and other terms were not supplied in the brief. The sale proceeds by signed Sale and Purchase Agreement (SPA) and standard Dubai Land Department transfer, with the existing tenancy transferring to the buyer.
Location and Connectivity
Remraam lies in Dubailand off Emirates Road, between the Jebel Ali area and Al Maktoum International Airport, with Sheikh Zayed Road and Global Village within easy reach. Specific drive times were not supplied and are not stated here to avoid unverified claims; buyers should confirm distances to their own key destinations.
Verification Notes
- Agent-supplied facts: studio apartment, 387 sq ft, fully furnished, ready and currently tenanted, AED 490,000 asking price and AED 45,000 per year rent.
- Deal classification: Below Market, supplied by the DPF operator. The specific dated market comparable value and date were not included in the brief and should be added to the evidence record; no savings percentage is stated as a result.
- Calculated by DPF: an indicative AED 1,266 per sq ft and a gross yield of about 9.2% (AED 45,000 rent on the AED 490,000 asking price).
- Researched project facts: developer (Dubai Properties), Remraam clusters, Dubailand location and amenities were taken from developer/market sources because the developer was not supplied; the specific building and cluster were not supplied.
- The agent's "lowest priced studio in Remraam" statement is preserved as an attributed agent marketing claim and is not presented as DPF-verified fact.