Al Reem

О сообществе Reem Community

The Reem Community is a gated community located in the southeast of Arabian Ranches 2, close to Al Qudra Road. This is a development by Emaar Properties, a leading developer in the Dubai real estate market.

The Reem Community is a modern desert oasis and the first residential area in Dubai to feature a huge central park. Residents of the community can take advantage of a football field, basketball and volleyball courts, a skate park, restaurants and cafes, children's play areas, and an open-air cinema.

Changes in the Real Estate Market: The Reem Community

This community includes low-rise villas and townhouses. The houses are designed in the style of Mediterranean and Arabic architecture with modern interiors and unique designs. In this Dubai district, everything is created to maintain a healthy and active lifestyle, which explains the presence of numerous running paths near the villas.

Property Rental in the Reem Community

Renting real estate in this Dubai area is affordable for people with an average income. Villas and townhouses are in high demand due to the area’s modern world-class amenities and well-thought-out infrastructure.

Renting a detached 3-bedroom villa can cost from $24,503 to $38,115 per year. The cost of renting a 4-bedroom villa varies from $32,000 to $40,800.

3 and 4-bedroom properties are available for those who wish to rent a spacious townhouse. The convenient location and well-arranged layout make this type of property extremely sought-after. The cost of renting a 3-bedroom townhouse starts at $25,864 per year. You can rent a 4-bedroom property for $31,400.

The average cost for a one-year rental of villas is:

3-bedroom: starts from $24,230
4-bedroom: starts from $27,770

Trends for Real Estate Sales in the Reem Community

The cost of buying a 3-bedroom villa in the Reem Community, Dubai, is approximately $408,380. The price of a detached 4-bedroom mansion starts at $490,061 and can reach $762,318.

3 and 4-bedroom townhouses are available in the community, and there is a variety of penthouse layouts. 3-bedroom townhouses are presented in 1-story and 2-story layouts. Their cost starts from $503,674.

There are townhouses with a more spacious layout of 4 bedrooms, a garage, a fully equipped kitchen, and a balcony with a panoramic city view. You can buy this type of luxury real estate at prices from $505,000.

The average selling price of villas:

3-bedroom: starts from $429,348
4-bedroom: starts from $510,000

Valuable Insights for Real Estate Investors in the Reem Community

According to statistics, the most popular area in the Reem Community is the Mira Oasis subcommunity, where there are 1,300 townhouses and terraced villas that are in high demand for purchase and rental in this sub-community.

Another popular Reem sub-community is Mira, which consists of 3 quarters, and is completely built up with upmarket low-rise housing units. In total, there are more than 450 3 and 4-bedroom villas and townhouses.

Return on Investment in Reem Community Real Estate

Investors interested in purchasing villas and townhouses in this part of the metropolis will enjoy good returns on 3-bedroom residential properties. Their profitability is 5.7%. The return on investment on 4-bedroom villas reaches 5.5%.

Return on investment from residential real estate:

3-bedroom property - 5.7%

4-bedroom property - 5.5%

Reem Community Review

Located in the prestigious center of Dubai, the Reem Community is surrounded by numerous amenities, including one of the world's largest shopping malls. As several properties, such as public schools, healthcare centers, and shops are still under development, residents can take advantage of the well-developed infrastructure of the surrounding areas.

Public Transport

Parking spaces are not a problem in the Reem Community, as all the properties have private garages and parking lots for 2 or 3 vehicles. Within each complex, you can find paid and free public parking lots.

There are no public transport stops or metro stations within the Reem Community’s territory. The nearest bus stop is a 10-minute drive away. The Mall of Emirates metro station is located in The Sustainable City. There is also a bus stop on route F32.

Supermarkets

Currently, there are no large retail outlets in the Reem Community. The nearest supermarket, Spinneys, is situated near Al Qudra Road, which is a 10-minute drive away. Here you can purchase fresh fruits and vegetables, meat, baked goods, and other groceries.

Popular among Dubai residents, Carrefour supermarkets are located in the nearby communities of Remraam and Arabian Ranches 2.

Churches, Mosques, and Temples

The Reem Community is a warm family-friendly community, ready to welcome people of different religious and cultural backgrounds. There are public mosques inside the gated residential complexes. Other religious buildings are located in the surrounding areas.

A 13 to 15-minute drive away from the Reem Community, to the south of the Al Barsha area, will take you to one of the oldest Dubai mosques, the Abu Baker Al-Siddique.

A few minutes away from the community, you can visit the Catholic Church of St. Mary and the International Nepalese Community Church.

Schools

There are plans to develop a school within the Reem Community’s territory, which will be easily accessible walking from any complex. However, young residents of the area can currently receive an excellent education (according to international standards), in educational institutions located in the neighborhood.

Schools near the Reem Community include:

Jebel Ali School in Damac Hills
Jumeirah English Speaking School (JESS) at Arabian Ranches

Students can reach the Dubai International Academic City (DIAC) in 20 minutes by car. It houses the campuses of the best internationally accredited universities in the world, including:

Dubai Campus of Zayed University
Al Ghurair University
Emirates Aviation University

Healthcare Centers and Hospitals

Several medical facilities will be built within the Reem Community territory. Presently, high-quality medical services can be obtained in neighboring areas of the metropolis.

The nearest medical centers within a 10 to 20-minute drive away from the Reem Community are:

Welcare Ambulatory Clinic
NMC Family Clinic
Life Medical Care JLT
Jebel Ali Hospital

Nearest Areas

Reem Community's convenient location provides easy access to the main areas of Dubai, including:

Arabian Ranches
Dubai Sports City
Jumeirah Village Triangle
Dubai Production City
Town Square Dubai

Malls and Shopping Centers

Near the Reem Community are several large shopping centers with branded stores, fine restaurants, and entertainment venues.

A 12-minute drive to Dubailand will bring you to the Dubai Outlet shopping center, where customers are offered items at good discounts.

The Mall of the Emirates, popular among residents and guests of Dubai, is a 20-minute drive from the Reem Community. The mall is known for its entertainment centers and famous brand stores.

Another shopping center, Dubai Mall, is one of the main attractions in Dubai. It is a huge shopping avenue with an ice rink, cinema, and entertainment venues.

Restaurants

Besides fine restaurants located in the largest shopping centers, residents of the Reem Community can visit the best places in Dubai, where everyone can find dishes to their liking.

Restaurants closest to the community:

Zest Restaurant
Certo Italian Restaurant
The Cheesecake Factory
Nelson's bar
La Factory
Level 43 Sky Lounge

Beaches near Reem

The famous Marina Beach, Jumeirah Beach, and JBR Beach are located within a 40-minute drive from the Reem Community. All kinds of water activities can be found here, such as surfing, water skiing, and much more. You can also have a good time in cozy coastal cafes and restaurants.