Al Tajer Residences, Downtown Dubai
Al Tajer Residences is an established residential building on The Old Town Island in Downtown Dubai, developed by Emaar Properties and completed in July 2009. The building offers studios plus one-, two- and three-bedroom apartments and penthouses, set directly across Burj Khalifa Lake from Souk Al Bahar, within walking distance of Burj Khalifa, The Dubai Mall and the Dubai Fountain. Royale Stays manages the setup, pricing and guest side of listing a home here for a fee starting from 15%.
Developer
Emaar Properties
Unit mix
Studios, 1, 2 & 3-bedroom apartments, and penthouses
Storeys
8 storeys
Location
The Old Town Island, Downtown Dubai
Starting price
From approximately AED 2,600,000
About Al Tajer Residences
Al Tajer Residences is an established residential building on The Old Town Island in Downtown Dubai, developed by Emaar Properties. Construction began in 2006 and the building was completed and handed over in July 2009. Reported storey counts vary slightly by source: two independently confirmed sources describe it as an eight-storey building, while one additional aggregated source lists seven storeys, most likely a minor counting-convention difference rather than a real contradiction; this guide uses the eight-storey figure.
Al Tajer Residences follows the Arabic-influenced architectural style of the wider Old Town district, with archways, domed detailing and sandstone-toned facades, plus panoramic glazing that gives many units views over Burj Khalifa Lake, the Dubai Fountain and Burj Khalifa itself.
Location & Nearby Landmarks
Al Tajer Residences sits on The Old Town Island, the low-rise, Arabic-styled residential quarter of Downtown Dubai built around Burj Khalifa Lake, directly across the water from Souk Al Bahar. Burj Khalifa, The Dubai Mall, Dubai Opera and the Dubai Fountain are all within easy walking distance. Royale Stays’ Downtown Dubai Airbnb management guide covers the wider area.
Within Old Town Island itself, Al Tajer Residences sits alongside other Emaar-developed buildings including Dunya Tower and Il Primo, both worth comparing for owners weighing an Old Town Island purchase.
Unit Types at Al Tajer Residences
Al Tajer Residences offers a full range of apartment sizes: studios, one-, two- and three-bedroom apartments, plus penthouses. Reported sizes for the standard layouts run roughly 958 to 1,031 sq ft for one-bedroom units, 1,343 to 1,518 sq ft for two-bedroom units, and 2,677 to 3,384 sq ft for three-bedroom units, per aggregated floor-plan data. Interiors combine the building’s Arabic-influenced architectural details with modern fit-outs, and most units enjoy panoramic views over Burj Khalifa Lake, the Dubai Fountain or Burj Khalifa itself.
Unit-size ranges are drawn from a single aggregated floor-plan source and have not been independently cross-verified against a second source for the exact figures.
Amenities at Al Tajer Residences
Residents of Al Tajer Residences have access to swimming pools with views toward Burj Khalifa, a fully equipped gymnasium, a steam room, children’s play areas and an outdoor kids’ zone, landscaped gardens, a tennis court, a games and function room, and a lounge area. The building runs 24-hour security with CCTV coverage, with concierge and maid-service options available, plus free wifi in shared areas.
The Old Town Island development as a whole (all residential buildings and the hotel component collectively) comprises around 405 apartments, 161 hotel rooms, 83 suites, 15 restaurants and cafes, and 89 shops, per Emaar Community Management. That figure describes the wider island, not Al Tajer Residences alone.
Transportation & Access
Al Tajer Residences benefits from The Old Town Island’s central Downtown Dubai position. Burj Khalifa/Dubai Mall Metro Station on the Red Line is within walking distance, with area guides putting the walk at roughly 5 to 15 minutes depending on route and starting point, and a short taxi or rideshare covers it in under 10 minutes. Sheikh Zayed Road (E11) and Al Khail Road (E44), Dubai’s two main arterial highways, are both reachable within minutes by car, giving residents fast access to Dubai Marina, Business Bay, DIFC and both of Dubai’s airports.
Sale & Rental Prices at Al Tajer Residences
Recent listing data puts Al Tajer Residences sale prices starting from around AED 2,600,000, with an average selling price closer to AED 5,220,000 and a median of roughly AED 3,990,000 across recent listings, for units ranging from about 960 to 2,600 sq ft (average around 1,400 sq ft); price per square foot has recently averaged around AED 2,616.
On the rental side, apartments have recently listed from roughly AED 130,000 to AED 180,000 per year for one-bedroom units, around AED 250,000 for two-bedroom units, and around AED 400,000 for three-bedroom units, with a wider aggregate range across all unit types of about AED 150,000 to 350,000 per year (averaging roughly AED 227,000). These figures reflect recent marketplace listings rather than official government transaction records and will move with the broader Downtown Dubai market.
Airbnb & Short-Term Rental Income Potential
Al Tajer Residences already has a visible presence on third-party short-term rental and travel booking platforms, including Booking.com, Expedia, Agoda and Hotels.com, alongside at least one dedicated Dubai holiday-home operator, indicating individual units are already being let on a short-term basis by third-party owners. Downtown Dubai, including Old Town Island, sits within Royale Stays’ current core Airbnb management footprint, so an Al Tajer Residences apartment is a realistic candidate for professional short-term rental management.
Al Tajer Residences is a standard Emaar-developed freehold apartment building, not a hotel-branded or serviced-apartment property, so the usual owner-direct DTCM holiday-home permit process applies, with no confirmed prohibition on short-term letting here. Royale Stays’ Airbnb management services, furnishing, photography, dynamic pricing, guest communications, check-in and maintenance coordination, are available from a management fee starting at 15%. Owners can submit their property for a free assessment.
Royale Stays has no current partnership, affiliation, or commercial relationship with Emaar Properties or the third-party operators already listing units in this building. This page is an independent building guide for owners and investors researching the project.
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