Apartment in Business Bay, Dubai, UAE 1 bedroom, 63 sq.m. № 236097

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Apartment in Business Bay, Dubai, UAE 1 bedroom, 63 sq.m. № 236097
ID236097 1 457 983 AED
  • AED
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

The ideal location of Peninsula allows residents to reach cafes, restaurants and retail spaces situated along Dubai Canal in just a couple of minutes. The Peninsula also boasts good transport connectivity as Downtown Dubai can be accessed directly by the Sheikh Zayed Road, First Al Khail Street and Marasi Drive in just a 10-minute drive. Business Bay Metro Station is a 20-minute walk away and you can also take a bus or an RTA Marine Water Taxi to reach the main spots of the emirate.Several educational institutions are located close by to the new development. Maple Bear Business Bay Nursery which offers a preschool programme based on the Canadian curriculum can be reached in 5 minutes’ by car. Jumeirah International Nursery and Blossom Business Bay Nursery are both a 10-minute drive away.In terms of healthcare, Emirates Hospital Clinics in Business Bay is the nearest option. Residents can solve their health issues concerning general medicine, gastroenterology, dermatology, psychotherapy, and dentistry at the hospital.
Investors are becoming more interested in this freehold area, as the rental yield in Business Bay is 5.23% for an apartment. Tourists and business professionals coming to Dubai for a short period of time choose this area due to its close proximity to Dubai Downtown. Expats working in Business Bay are also interested in renting properties here. Currently, a 1-bedroom apartment in Business Bay district of Dubai can be rented from AED 38,000 per year.
Dubai - Statistics
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ParametersDubai
Rent Per Month
Apartment (1 bedroom) in City Centre8 066.68 AED
Apartment (1 bedroom) Outside of Centre5 068.86 AED
Apartment (3 bedrooms) in City Centre14 483.71 AED
Apartment (3 bedrooms) Outside of Centre9 600.93 AED
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre22 205.58 AED
Price per Square Meter to Buy Apartment Outside of Centre12 570.53 AED
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ParametersDubai
Crime Index16.23
Cost of Living and Rent Index53.89
Purchasing Power Index118.53
Property Price to Income Ratio6.73
Safety Index83.77
Traffic CO₂ Index8073.26
Traffic Inefficiency Index250.23
Rent Index48.28
Health Care Index69.74
Groceries Index46.71
Pollution Index48.82
Traffic Commute Time Index36.35
Restaurant Price Index65.67
Climate Index50.27
Cost of Living Index58.52
Quality of Life Index170.65
Traffic Index169.84
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ParametersDubai
Restaurants
Meal, Inexpensive Restaurant40.00 AED
Meal for 2 People, Mid-range Restaurant, Three-course300.00 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)5.03 AED
Water (0.33 liter bottle) 4.13 AED
Cappuccino (regular)22.51 AED
Markets
Milk (regular), (1 liter)6.79 AED
Loaf of Fresh White Bread (500g)5.72 AED
Eggs (regular) (12)11.68 AED
Local Cheese (1kg)30.90 AED
Water (1.5 liter bottle)2.25 AED
Bottle of Wine (Mid-Range)55.00 AED
Domestic Beer (0.5 liter bottle)10.24 AED
Imported Beer (0.33 liter bottle)16.13 AED
Cigarettes 20 Pack (Marlboro)23.50 AED
Apples (1kg)8.91 AED
Chicken Fillets (1kg)31.36 AED
Oranges (1kg)7.01 AED
Potato (1kg)4.19 AED
Lettuce (1 head)5.91 AED
Rice (white), (1kg)9.36 AED
Tomato (1kg)5.72 AED
Banana (1kg)6.85 AED
Onion (1kg)5.57 AED
Beef Round (1kg) (or Equivalent Back Leg Red Meat)36.73 AED
Transportation
One-way Ticket (Local Transport)6.00 AED
Monthly Pass (Regular Price)300.00 AED
Gasoline (1 liter)3.05 AED
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)121 500.00 AED
Taxi Start (Normal Tariff)12.00 AED
Taxi 1km (Normal Tariff)3.00 AED
Taxi 1hour Waiting (Normal Tariff)30.00 AED
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)83 390.81 AED
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment735.26 AED
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)369.20 AED
202.07 AED
Salaries And Financing
Average Monthly Net Salary (After Tax)12 913.11 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate4.65
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult313.54 AED
Tennis Court Rent (1 Hour on Weekend)161.90 AED
Cinema, International Release, 1 Seat50.00 AED
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)212.48 AED
1 Summer Dress in a Chain Store (Zara, H&M, ...)199.69 AED
1 Pair of Nike Running Shoes (Mid-Range)358.40 AED
1 Pair of Men Leather Business Shoes352.08 AED
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child2 853.57 AED
International Primary School, Yearly for 1 Child46 657.17 AED
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
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CityDubai
DistrictBusiness Bay
TypeApartment
Bedrooms1
Living space63 m²
  • sq. ft
Price
  • Price
  • per m²
1 457 983 AED
  • AED
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
Seller
VARTUR® Real Estate Brokerage
VARTUR® Real Estate Brokerage
Property Expert in UAE