Apartment in Business Bay, Dubai, UAE 41 sq.m. № 315195

105
Apartment in Business Bay, Dubai, UAE 41 sq.m. № 315195
ID315195 1 500 000 AED
  • AED
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

Mama Residences at Business Bay is a new 26-story luxury development by Khamas Group. The leisure architecture comes with a range of stunning facilities from the circuit pool to the work suites, along with á la carte hotel services available at ease.  Along with being smart homes and loaded with technological features, these homes are considered perfect and convenient in every way.

Offering the ultimate chance of purchasing two units together: Studio and 2-BR which have interconnected doors between these apartments.
Get in touch with our luxury property consultant for more details.

Property details:
- Studio Apartment on a high floor
- Partial Sea View
- Fully Furnished and Serviced by extravagant Mama Shelter
- Size: 441 sq. ft.
- Payment Plan: 40% during construction – 60% in 3 years
- Handover in Dec 2023 / Q1 2024
- Project Completion Status: 80%
- Highest expected Rental ROI in the area: from 8-10%

Business Bay is a buzzing and bustling area of just over 4km in size. This small, but full of life district really comes alive during the week, housing many captivating office skyscrapers and unique residential buildings. The area is filled with both fine dining restaurants and places to grab a bite to eat for lunch, as well as banks, supermarkets and even pocket parks. Dubai canal runs through Business Bay, connecting to Marasi Bay that sits at one end of the neighbourhood.

 
Trakheesi Permit: 71440007546

Location

Location
  • On low floor

Features

Balcony
  • Balcony
Equipment and Appliances
  • Central A/C

Outdoor features

Security
  • Security
Car park
  • Public parking
  • Car park
Dubai - Statistics
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ParametersDubai
Rent Per Month
Apartment (1 bedroom) in City Centre8 333.34 AED
Apartment (1 bedroom) Outside of Centre5 195.32 AED
Apartment (3 bedrooms) in City Centre15 444.41 AED
Apartment (3 bedrooms) Outside of Centre10 228.18 AED
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre23 159.00 AED
Price per Square Meter to Buy Apartment Outside of Centre12 727.46 AED
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ParametersDubai
Crime Index16.23
Cost of Living and Rent Index55.45
Purchasing Power Index118.31
Property Price to Income Ratio7.08
Safety Index83.77
Traffic CO₂ Index8038.50
Traffic Inefficiency Index249.51
Rent Index51.34
Health Care Index69.68
Groceries Index47.38
Pollution Index48.87
Traffic Commute Time Index36.31
Restaurant Price Index64.94
Climate Index50.27
Cost of Living Index58.75
Quality of Life Index170.15
Traffic Index169.47
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ParametersDubai
Restaurants
Meal, Inexpensive Restaurant40.00 AED
Meal for 2 People, Mid-range Restaurant, Three-course296.92 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)4.89 AED
Water (0.33 liter bottle) 3.96 AED
Cappuccino (regular)21.88 AED
Markets
Milk (regular), (1 liter)6.83 AED
Loaf of Fresh White Bread (500g)5.32 AED
Eggs (regular) (12)12.06 AED
Local Cheese (1kg)32.54 AED
Water (1.5 liter bottle)2.21 AED
Bottle of Wine (Mid-Range)56.00 AED
Domestic Beer (0.5 liter bottle)9.78 AED
Imported Beer (0.33 liter bottle)15.23 AED
Cigarettes 20 Pack (Marlboro)24.00 AED
Apples (1kg)8.98 AED
Chicken Fillets (1kg)33.01 AED
Oranges (1kg)7.35 AED
Potato (1kg)4.29 AED
Lettuce (1 head)5.73 AED
Rice (white), (1kg)9.43 AED
Tomato (1kg)5.94 AED
Banana (1kg)6.83 AED
Onion (1kg)5.45 AED
Beef Round (1kg) (or Equivalent Back Leg Red Meat)40.80 AED
Transportation
One-way Ticket (Local Transport)6.50 AED
Monthly Pass (Regular Price)345.00 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)84 071.60 AED
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment770.61 AED
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)371.15 AED
217.42 AED
Salaries And Financing
Average Monthly Net Salary (After Tax)12 671.73 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate4.72
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult306.81 AED
Tennis Court Rent (1 Hour on Weekend)167.14 AED
Cinema, International Release, 1 Seat50.00 AED
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)243.33 AED
1 Summer Dress in a Chain Store (Zara, H&M, ...)204.54 AED
1 Pair of Nike Running Shoes (Mid-Range)359.42 AED
1 Pair of Men Leather Business Shoes370.10 AED
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child2 857.22 AED
International Primary School, Yearly for 1 Child48 616.45 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
Living space41 m²
  • sq. ft
Price
  • Price
  • per m²
1 500 000 AED
  • AED
  • EUR €
  • USD $
  • RUB ₽
  • GBP £