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FINANCIAL NEWS
Emaar Properties to start sales of Reem phase 1 residences
09 Apr 2013
(MENAFN) Emaar Properties’ managing director, Ahmad Al Matrooshi, announced that sales of residences at the Reem desert oasis’ first phase will take place this month, reported Arabian Business.
Al Matrooshi said that Mira, the first residential project in Reem, will encompass 188 Mediterranean-style townhouses, with prices for 3-bedroom units starting at USD269,163.
He added that the Reem project will be the first gated community in the emirate of Dubai to include an exclusive desert botanical park, camping facilities, sand surfing and camel riding trails, go karting track, dune buggies, rock climbing wall and a skate park.
The development will also comprise interactive fountains, walkways and a centerpiece water feature, in addition to mosques, retail plaza, residents’ club, restaurants and cafes, nurseries and primary schools.
It is worth noting that Reem desert oasis will include a number of residential communities that will be introduced in phases, with the delivery to start in 2016.
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