Ahad Residence

Ahad Residences is a new residential project in Business Bay that features studios and apartments with 1, 2 and 3 bedrooms. The total number of apartments in the complex constitutes 346 and property sizes of residential units vary from 417 to 2,560 sqft. The real estate in the complex is freehold which means both local and international investors can purchase a residence here. The building has a triple height grand main lobby and there will be retail spaces on the ground floor. Owners of real estate in Ahad Residences will be offered a furniture package that is specially tailored for the project. Kitchens in all residences will be equipped with a fridge, gas hob, gas oven and a washing machine. Several apartments within the building will also have spacious terraces. The premium amenities within the development include a valet parking & concierge service, round-the-clock security, resort style lounging pool, an indoor gymnasium with changing rooms and a sauna, as well as one of the first outdoor gyms in the UAE. Real estate in Ahad Residences will be in high demand among business professionals and young couples due to the strategic location in the Business Bay area, which has close proximity to some of the city’s most famous landmarks, and the necessary infrastructure to live everyday life. The starting rental price for a 1-bedroom apartment in similar projects in Business Bay constitutes AED 80,000 per annum, therefore, the estimated ROI will be at 8%. Investors can also buy a full floor in Ahad Residences, which is a great investment because the price for real estate in the complex will rise as construction nears completion. In addition, by purchasing a property in this project owners will be eligible to apply for a 3-year investor visa or a 5-year UAE Golden visa, depending on the value of the real estate.