Apartment in Business Bay, Dubai, UAE 1 bedroom, 48.3 sq.m. № 327451

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Apartment in Business Bay, Dubai, UAE 1 bedroom, 48.3 sq.m. № 327451
ID327451 1 125 000 AED
  • AED
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

Unlock a lucrative investment opportunity in the heart of Dubai's thriving Business Bay. We are excited to present an outstanding studio apartment within the esteemed Paramount Tower Hotel and Residence, where luxury meets profitability.

Studio Apartment with Balcony
Prime Location in Business Bay
Walking Distance to Metro Station, Burj Khalifa, and Dubai Mall
Exceptional Amenities: Gym, Spa, Restaurant, and Concierge
Iconic Rooftop Infinity Pool with Breathtaking Burj Khalifa View
Hollywood-Inspired Living with Paramount Partnership Branding

Location is paramount for investment success, and this property ticks all the boxes. Situated in the heart of Business Bay, it offers easy access to the Business Bay Metro Station, Burj Khalifa, and Dubai Mall—all highly attractive to potential tenants.

But the real gem is the rooftop infinity pool, offering mesmerizing views of the Burj Khalifa and Dubai's skyline.

Act now and seize this prime investment opportunity at Paramount Tower Hotel and Residence.

For more details contact Raghav Prabakaran on +971 58 587 1274
Trakheesi Permit: 7132465251

Location

View
  • Sea view

Features

Balcony
  • Balcony
Equipment and Appliances
  • Central A/C

Indoor facilities

Equipment and Appliances
  • Heating system
Additional facilities
  • Lobby in Building

Outdoor features

Security
  • Security
Staff
  • Housemaid
  • Concierge
Dubai - Statistics
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ParametersDubai
Rent Per Month
Apartment (1 bedroom) in City Centre7 960.45 AED
Apartment (1 bedroom) Outside of Centre4 863.64 AED
Apartment (3 bedrooms) in City Centre15 099.19 AED
Apartment (3 bedrooms) Outside of Centre10 432.58 AED
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre19 187.13 AED
Price per Square Meter to Buy Apartment Outside of Centre10 808.36 AED
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ParametersDubai
Crime Index16.06
Cost of Living and Rent Index57.47
Purchasing Power Index119.84
Property Price to Income Ratio5.02
Safety Index83.94
Traffic CO₂ Index8094.56
Traffic Inefficiency Index258.00
Rent Index52.39
Health Care Index69.18
Groceries Index46.57
Pollution Index49.12
Traffic Commute Time Index36.68
Restaurant Price Index61.05
Climate Index50.27
Cost of Living Index62.12
Quality of Life Index172.01
Traffic Index171.59
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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)47.50 AED
Coke/Pepsi (0.33 liter bottle)4.13 AED
Water (0.33 liter bottle) 2.78 AED
Cappuccino (regular)21.59 AED
Markets
Milk (regular), (1 liter)7.18 AED
Loaf of Fresh White Bread (500g)5.94 AED
Eggs (regular) (12)11.83 AED
Local Cheese (1kg)37.16 AED
Water (1.5 liter bottle)2.36 AED
Bottle of Wine (Mid-Range)55.00 AED
Domestic Beer (0.5 liter bottle)12.21 AED
Imported Beer (0.33 liter bottle)18.50 AED
Cigarettes 20 Pack (Marlboro)23.00 AED
Apples (1kg)8.33 AED
Chicken Fillets (1kg)28.40 AED
Oranges (1kg)6.73 AED
Potato (1kg)3.65 AED
Lettuce (1 head)6.26 AED
Rice (white), (1kg)8.24 AED
Tomato (1kg)5.92 AED
Banana (1kg)7.13 AED
Onion (1kg)4.45 AED
Beef Round (1kg) (or Equivalent Back Leg Red Meat)34.55 AED
Transportation
One-way Ticket (Local Transport)7.00 AED
Monthly Pass (Regular Price)300.00 AED
Gasoline (1 liter)3.04 AED
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)150 000.00 AED
Taxi Start (Normal Tariff)12.00 AED
Taxi 1km (Normal Tariff)3.00 AED
Taxi 1hour Waiting (Normal Tariff)35.00 AED
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)83 517.37 AED
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment758.36 AED
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)354.19 AED
217.61 AED
Salaries And Financing
Average Monthly Net Salary (After Tax)14 951.90 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate5.10
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult340.86 AED
Tennis Court Rent (1 Hour on Weekend)182.20 AED
Cinema, International Release, 1 Seat50.00 AED
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)232.81 AED
1 Summer Dress in a Chain Store (Zara, H&M, ...)219.09 AED
1 Pair of Nike Running Shoes (Mid-Range)365.54 AED
1 Pair of Men Leather Business Shoes355.63 AED
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child2 729.03 AED
International Primary School, Yearly for 1 Child53 179.49 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
Contact me via
CityDubai
DistrictBusiness Bay
CommunityParamount Tower Hotel & Residences
TypeApartment
Bedrooms1
Living space48.3 m²
  • sq. ft
Price
  • Price
  • per m²
1 125 000 AED
Price history
23.11.2023
1 125 000 AED
19.10.2023
1 150 000 AED
05.09.2023
1 200 000 AED
  • AED
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
Seller
Sam McCone
Sam McCone
Managing Director
BRN: 27516