Studio, One, two and three-bedroom apartments owned by TamweelTamweel available at special prices for homebuyers

Down payments starting from as low as AED72,000

Cash sale option available

Community located in heart of Dubailand

Dubai - TamweelTamweel PJSC, the largest provider of real estate finance in the UAE, announced today that it will launch a sales event for TamweelTamweel-owned Remram apartments with an attractive finance plan for studio, one, two and three-bedroom apartments at the Remraam, a stylish upscale community located in the heart of Dubailand, which is due for completion in June 2010.

The special offer is on TamweelTamweel-owned apartments, which is now open to investors and homebuyers at down payments starting from AED72,000; making luxury living more affordable to a wide range of customers. The apartments are also available for sale on a cash purchase option.

This unique opportunity provides excellent value for investors and homebuyers, with finance available for up to 25 years. Potential buyers are invited to the TamweelTamweel sales event at the Monarch Hotel on Sheikh Zayed Road, Dubai, from October 16-19, 2008 between 9:00AM and 9:00PM, where they can book the property of their choice and simultaneously obtain full financial solutions. Customers are required to bring original passport along with one photocopy and a cheque book in order to complete the buying process.

Remraam, a project of MizinMizin, a member of the Tatweer Group, is strategically located overlooking Dubai Golf City; Bawadi, the world's largest hospitality project, and close to Mall of Arabia, the world's largest mall, making this a very desirable neighbourhood.

Wasim Saifi, Group Chief Executive Officer of TamweelTamweel, said: "With our in-depth understanding of the housing market, we believe that Remraam is ideally suited for buyers that look for contemporary living, great value and long-term return on investment. TamweelTamweel has tailored special price offers for this upmarket community and we are very pleased to help make the dream of home ownership a reality."

The spacious apartments in Remraam are constructed with uncompromising build quality, high-quality finishes and fit-outs, to ensure an enduring investment. Remraam has extensive community facilities like landscaped parks, underground parking, outdoor swimming pools, nurseries, gym, sauna, tennis and basketball courts and a clubhouse.

Each apartment is designed to maximize space usage and not restrict how individual owners might want to do their internal layouts. Views aren't restricted either with extensive landscaping between buildings which also provides ample breathing space. Additionally, Remraam homes' high standards of amenities come with provisions for high speed digital technology for internet, TV and voice communications.

There is a shopping complex for each cluster and a central mall that offers shopping, entertainment and dining options. Lush green landscaping covers over 85 per cent of the total community area. The living spaces feature large balconies, terraces and private gardens. The community will be served by a new network of roads that will connect it to the major arteries of Dubai.

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About TamweelTamweel PJSC:
TamweelTamweel PJSC, the highest-rated non-banking financial institution in the region (rated A by Fitch and A3 by Moody's) is the largest provider of real estate finance in the UAE by market share and asset size. TamweelTamweel was established in March 2004, became a public joint stock company in June 2006 and was listed on the Dubai Financial Market in July 2006.

TamweelTamweel is a provider of a wide range of unparalleled customer-service solutions and innovative home finance products, working with 300 partners across the UAE. The company, which aims to become the regional home finance leader through its expansion plans into Saudi Arabia, Egypt and other countries in the MENA region, has branches in Dubai, Sharjah and Abu Dhabi, as well as in Saudi Arabia and Egypt. For more information, please visit www.tamweel.ae

For further information on TamweelTamweel, please contact:
Nabil Abou Alwan
Head of Marketing & Product Development
TamweelTamweel PJSC
Dubai, UAE
Tel: 971-4-2944400
Fax: 971-4-2944331
E-mail: nabil.aboualwan@tamweel.ae

Nicholas Nesson
ASDA'A Public Relations
Dubai, UAE
Tel: 971-4-335969
Fax: 971-4-3356080
E-mail: n.nesson@asdaa.com

Sudha Hemmad
ASDA'A Public Relations
Dubai, UAE
Tel: 971-4-335969
Fax: 971-4-3356080
E-mail: s.hemmad@asdaa.com

Gunjan Chaurasia
ASDA'A Public Relations
Dubai, UAE
Tel: 971-4-335969
Fax: 971-4-3356080
E-mail: g.chaurasia@asdaa.com

© Press Release 2008