Apartment for sale in Old Town, Dubai, UAE: 1 bedroom, 92.1 sq.m. № 114765

Property description

One Broker Group is pleased to bring exclusively to the market this enchanting one bedroom apartment in the heart of Old Town island, a short walk from Dubai Mall, The Dubai Fountains and attached to Souk Al Bahar.

991 sq ft BUA
Vacant August 2022
Lake and Burj Khalifa views
Balcony
1.5 bathrooms
built in wardrobes
fullyfitted kitchen
shared swimming pool

The Old Town
The Old Town Island is a quaint village-inspired development in Downtown Dubai.

Low-rise buildings hide a market square, quiet alleyways and inner courtyards that represent traditional Arabic architecture. There are four quarters, namely Al Bahar, Tajer, Attareen and The Palace Downtown Dubai with views of the lake and Burj Khalifa.

The development ranges from low-rise three storey apartment buildings to a number of exclusive mid-rise buildings with Penthouses. . Earthy natural tones reflect the surrounding landscape. Terraces, balconies, parapets (waresh), pergolas, recesses and niches make for comfortable outdoor living, whilst views are enhanced with elegant window and door openings.
PROPERTY FEATURES:
-Balcony
-Basement parking
-Broadband ready
-Built in wardrobes
-Central air conditioning
-Fully fitted kitchen
-Gymnasium
-Intercom
-Kitchen white goods
-Laundry/washing room
-On mid floor
-Pets allowed
-Shared swimming pool
-View of sea/water
-Bank/ATM Facility
-Bus services
-Children's play area
-Metro station
-Public parking
-Public transport
-Restaurants
-Shopping mall
-Shops
-Valet Service

Parameters	Dubai
Rent Per Month
Apartment (1 bedroom) in City Centre	8 170.74 AED
Apartment (1 bedroom) Outside of Centre	5 144.76 AED
Apartment (3 bedrooms) in City Centre	15 009.49 AED
Apartment (3 bedrooms) Outside of Centre	9 908.95 AED
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	22 200.61 AED
Price per Square Meter to Buy Apartment Outside of Centre	12 570.53 AED

Parameters	Dubai
Crime Index	16.24
Cost of Living and Rent Index	54.40
Purchasing Power Index	116.75
Property Price to Income Ratio	7.06
Safety Index	83.76
Traffic CO₂ Index	8038.50
Traffic Inefficiency Index	249.51
Rent Index	50.14
Health Care Index	69.68
Groceries Index	46.54
Pollution Index	48.81
Traffic Commute Time Index	36.31
Restaurant Price Index	65.00
Climate Index	50.27
Cost of Living Index	57.82
Quality of Life Index	169.67
Traffic Index	169.47

Parameters	Dubai
Restaurants
Meal, Inexpensive Restaurant	40.00 AED
Meal for 2 People, Mid-range Restaurant, Three-course	300.00 AED
McMeal at McDonalds (or Equivalent Combo Meal)	35.00 AED
Domestic Beer (0.5 liter draught)	45.00 AED
Imported Beer (0.33 liter bottle)	50.00 AED
Coke/Pepsi (0.33 liter bottle)	4.80 AED
Water (0.33 liter bottle)	3.87 AED
Cappuccino (regular)	22.04 AED
Markets
Milk (regular), (1 liter)	6.57 AED
Loaf of Fresh White Bread (500g)	5.43 AED
Eggs (regular) (12)	11.86 AED
Local Cheese (1kg)	32.12 AED
Water (1.5 liter bottle)	2.21 AED
Bottle of Wine (Mid-Range)	57.50 AED
Domestic Beer (0.5 liter bottle)	10.23 AED
Imported Beer (0.33 liter bottle)	16.55 AED
Cigarettes 20 Pack (Marlboro)	24.00 AED
Apples (1kg)	8.95 AED
Chicken Fillets (1kg)	30.86 AED
Oranges (1kg)	6.98 AED
Potato (1kg)	4.22 AED
Lettuce (1 head)	5.71 AED
Rice (white), (1kg)	9.66 AED
Tomato (1kg)	5.59 AED
Banana (1kg)	6.73 AED
Onion (1kg)	5.44 AED
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	38.60 AED
Transportation
One-way Ticket (Local Transport)	6.00 AED
Monthly Pass (Regular Price)	300.00 AED
Gasoline (1 liter)	3.06 AED
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	123 000.00 AED
Taxi Start (Normal Tariff)	12.00 AED
Taxi 1km (Normal Tariff)	2.50 AED
Taxi 1hour Waiting (Normal Tariff)	30.00 AED
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	83 515.81 AED
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	780.68 AED
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	372.72 AED
	207.13 AED
Salaries And Financing
Average Monthly Net Salary (After Tax)	12 319.03 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.65
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	298.40 AED
Tennis Court Rent (1 Hour on Weekend)	161.04 AED
Cinema, International Release, 1 Seat	50.00 AED
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	229.62 AED
1 Summer Dress in a Chain Store (Zara, H&M, ...)	206.90 AED
1 Pair of Nike Running Shoes (Mid-Range)	364.17 AED
1 Pair of Men Leather Business Shoes	347.73 AED
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	2 846.91 AED
International Primary School, Yearly for 1 Child	48 048.76 AED

Apartment in Old Town, Dubai, UAE 1 bedroom, 92.1 sq.m. № 114765

Property description

Features