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, a maid service and concierge. There are playgrounds and entertainment areas, a fitness center, modern swimming pool, stores and drugstores, cafes and restaurants, 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).
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.