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:
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).