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Al Tajer Residences is a residential complex that forms part of The Old Town community. It is located in Downtown Dubai. The developer is Emaar Properties. The construction was completed in 2009. Al Tajer Residences offers studios and apartments with 1, 2 and 3 bedrooms, as well as penthouses. The architecture of the complex is an Arabic style, and the interior of the residences combine modern technology with concise design. Panoramic glazing and views of the sights of Downtown Dubai, Burj Khalifa Tower, Burj Khalifa Lake and Dubai Fountain, are a special feature of the project. The apartment layout features a fully equipped kitchen, spacious bedrooms, balconies and terraces. The interior design of the living space features modern natural materials. For residents’ comfort, there is round-the-clock security and video surveillance, free wi-fi, maid service and concierge. There are playgrounds and entertainment areas, a fitness center, a modern swimming pool, stores and drugstores, cafes and restaurants, a health club, and squash and tennis courts. Apartments start at 86.1 sq. m (926 sq. ft) in size. Prices start from AED 2,000,000 (USD 544,500).
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The proximity to Sheikh Zayed Road makes it easy to get around the city. The Business Bay area is 12 minutes away by car. Palm Jumeirah and Jumeirah Beach are a 14-minute drive away.
Burj Khalifa Metro Station and public transportation is a 7-minute drive away. The international airport can be reached in 21 minutes by car.
Dubai Mall is a 5-minute walk across the Souk Al Bahar Bridge. Well-known brand stores, restaurants and cafes, an indoor ice skating rink, a movie theater and playgrounds are available for visitors.
The nearest schools and development centers are GEMS Jumeirah Primary School, Springdales School, Dubai International Private School, New Academy School, and Jumeirah College.
Near Al Tajer Residences are located medical centers: Emirates Hospital Clinics, Valiant Clinic & Hospital, American Hospital Jumeirah Clinic, and Medilife Healthcare Services.
Return on investment for the apartments is 5.25%. The average annual rent for one-bedroom apartments in Al Tajer Residences is AED 90,000 (USD 24,503). Net income is estimated at AED 78,000 (USD 21,236) per year. The well-developed infrastructure and central location of these properties will increase the value of Al Tajer Residences in the Dubai market in the coming years.
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