What's the price range at Al Baraka Residences?
Current price per sqft: AED 3200. Recent transactions: 3BR 2300sqft at AED 7,360,000; 2BR 1400sqft at AED 4,480,000. Price history (12 months): ranging from AED 3186 to AED 3200/sqft.
Al Baraka Residences – Investment & Lifestyle FAQ
Complete guide to Al Baraka Residences in Al Baraha: pricing, amenities, rental potential and ownership costs.
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Pricing & Units
What units are available at Al Baraka Residences?
Unit mix: 85 × 1BR, 110 × 2BR, 30 × 3BR, 0 × 4BR, 5 × Penthouse. Total: 280 units. Standard residential tower.
Is Al Baraka Residences a good value, or overpriced?
Tier: PREMIUM. Investment thesis: "Emerging community with excellent 5.7% yields and value positioning; proximity to business districts and infrastructure development support growth.". Comparable buildings in Al Baraha range AED 2700–3700/sqft. Verdict: Competitive positioning; check comps in the building. Consult a local agent for current market assessment.
Amenities & Building Features
What amenities does Al Baraka Residences offer?
Amenities: Community pool, Gym, Community center, Retail outlets, Parking and more. Year completed: 2016. Floors: 18. Well-maintained common areas and 24/7 security.
How many floors and units per floor in Al Baraka Residences?
18 floors. Total units: 280. Average units/floor: 16. View types: Marina views, City views. Higher floors command premium pricing.
What's the typical apartment layout in Al Baraka Residences?
Layouts: Studio to 4-bedroom units. Most popular: 2-bedroom (110 units). Sizes vary 500–2,500 sqft. Many units have balconies/terraces. Furnished and unfurnished options available (check listing details).
Location & Proximity
How far is Al Baraka Residences from key landmarks?
Beach: 10 mins. Al Baraha metro: 5 mins. Downtown Dubai: 12 mins. Airport (DXB): 15 mins.
Is Al Baraka Residences easy to get to and from?
Metro accessible via Al Baraha. Schools within 5–15 mins. Shopping malls: Dubai Marina Mall, Ibn Battuta nearby. Parking: typically 1–2 spaces per unit. Good road connectivity to Sheikh Zayed Road and key exits.
What's the neighborhood like around Al Baraka Residences?
Located in Al Baraha, a premium community. Residents: expat professionals, families, investors. Dining & retail: diverse options within 5–15 mins. Safety: 24/7 security in building and community. Vibe: upscale and vibrant.
Owning Here
What are the service charges and annual costs?
Service charge: ~AED 1120/sqft/year typical for tier PREMIUM. Estimate for 2BR (1500 sqft): AED 140000/month. DEWA: AED 400–600/month. Insurance: AED 1,000–2,000/year. Total holding cost: AED 800–1,500/month.
What kind of residents live in Al Baraka Residences?
Profile: Mix of owner-occupiers and investors. Typical buyers: expat professionals, families seeking quality lifestyle, buy-to-let investors targeting 4%–6% yields. Nationalities: diverse (UK, India, Saudi, Russia, China well represented). Community vibe: professional, family-oriented, investment-savvy.
What's the rental yield at Al Baraka Residences?
Gross rental yield: 5.7%–7.2%. 1BR typical rent: AED 10,833.333/month. 2BR: AED 17,500/month. Strong tenant demand; typical vacancy: 1–2 months/year.