Al Bahar Residences
About Al Bahar Residences
Al Bahar Residences are the residential properties of Souk Al Bahar Shopping Complex, located in the only low-rise Old Town residential community in central Downtown Dubai. Souk Al Bahar is an Arabian-style shopping market, and the residential units presented here are 1, 2 and 3-bedroom apartments ranging in size from 91 square meters (980 square feet) to 232 square meters (2,500 square feet). The average price of Al Bahar Residence 1-bedroom apartments is AED 3,600,000 (USD 980,000).
The Old Town Community, developed by well-known Emaar Properties in UAE, is an area of 35 low rise residential buildings with an oriental architectural design and Souk Al Bahar shopping market with over 100 stores, 22 restaurants and cafes.
Al Bahar Residences provide the following amenities and services to residents:
*The price is valid for 2020
- balconies in all residences;
- equipped bathrooms and kitchens;
- rooftop pool;
- state-of-the-art gym;
- wellness center;
- high-speed elevators;
- 24-hour security;
- events and festivals;
- outdoor dining area;
- children’s playroom;
- library;
- barbecue area;
- parking lot;
- retail space and restaurants;
- concierge 24/7;
- location in the city center.
Al Bahar Residences Location
Souk Al Bahar Residences shopping complex is located in the prestigious business and tourist attraction of Downtown Dubai. There are three bus stops nearby: Burj Khalifa (10-minute walk / 2-minute drive), Burj View Central Tower 2 (7-minute drive) and Walk Tower 1 (5-minute drive). Burj Khalifa/Dubai Mall Metro Station is a 20-minute walk / 6-minute drive and Business Bay Station is an 8-minute drive away.
Also within walking distance are: Dubai Opera Theatre (20 minutes), Dubai Mall (5 minutes) and the Burj Khalifa Skyscraper with its famous Dubai Fountain (15 minutes). Also, nearby are the supermarkets Carrefour, Spinneys and Choithram, restaurants, cafes, international schools, children’s centers, medical facilities and banks.
From Al Bahar Residences residents can take transport to:
- DXB international airport in 20 minutes, Al Maktoum in 50 minutes
- Palm Jumeirah Island in 25 minutes;
- the Burj Al Arab hotel in 25 minutes;
- La Mer Waterfront in 20 minutes;
- The Walk JBR in 30 minutes;
- the Mall of the Emirates in 20 minutes.
Return on investment
Downtown Dubai real estate is a focus for major investors. Residential properties Al Bahar Residences are equipped with all the necessary amenities for comfortable living in the city center. Tenants can be businessmen who need quick access to the city’s financial center, employees of the shopping complex or simply people who want to live in the dynamic downtown. Investments in Downtown Dubai real estate have a high return on investment, with an average ROI of up to 5.25%. The average price of a 1-bedroom apartment in Al Bahar Residences is AED 3,600,000 (USD 980,000) and the annual rent can reach AED 120,000-130,000 (USD 32,700-35,400).
*The price is valid for 2020
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Metropolitan Premium Properties
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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