Hotel Apartment in Business Bay, Dubai, UAE 1 bedroom, 90 sq.m. № 325119

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Hotel Apartment in Business Bay, Dubai, UAE 1 bedroom, 90 sq.m. № 325119
ID325119 1 850 000 AED
  • AED
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

Welcome to this stunning 1-bedroom apartment located in Tower C of the luxurious DAMAC Towers by Paramount in Business Bay, offered exclusively by VALCOM Properties. This four-tower development is a unique and ambitious project that seamlessly blends California cool with Hollywood glamour, offering an iconic address in one of Dubai's most sought-after neighborhoods.

The apartment boasts an upscale and contemporary design, with high-quality finishes and fixtures throughout. The living area is bright and airy, with floor-to-ceiling windows that offer breathtaking views of the surrounding cityscape. The modern kitchen is fully equipped with top-of-the-line appliances and ample storage space, making meal preparation a breeze.

The bedroom is spacious and comfortable, with plush carpeting, built-in wardrobes, and an en-suite bathroom featuring premium fixtures and fittings. Residents of this apartment will also have access to an array of facilities and amenities, including a fitness center, swimming pool, steam room, sauna, and 24-hour valet parking service.


Located in the heart of Business Bay, this apartment is just moments away from some of Dubai's most iconic landmarks and attractions, including the world-renowned Dubai Mall, the magnificent Burj Khalifa, and the stunning Dubai Fountain. Additionally, residents will have access to a range of upscale dining and entertainment options, as well as retail outlets and a luxury spa.

At VALCOM Properties, we are committed to providing our clients with exceptional service and ensuring that their property journey is as seamless and stress-free as possible. If you're looking for a luxurious and modern apartment in one of Dubai's most sought-after neighborhoods, look no further than this stunning 1-bedroom apartment in DAMAC Towers by Paramount.

This is a Hotel Apartment use
No annual fees
Every 6 months, all owners are getting 85% profit from the hotel
Trakheesi Permit: 7117447717

Features

Furniture
  • Fully furnished

Outdoor features

Car park
  • 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.
Contact the seller
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CityDubai
DistrictBusiness Bay
CommunityDAMAC Towers by Paramount
TypeHotel Apartment
Bedrooms1
Living space90 m²
  • sq. ft
Completion dateIV quarter, 2019
Price
  • Price
  • per m²
1 850 000 AED
Price history
12.03.2024
1 850 000 AED
30.08.2023
7 086 819 AED
  • AED
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
Seller
Abdulrazzak Al Areed
Abdulrazzak Al Areed
Certified Property Consultant
BRN: 56344