Hotel in Business Bay, Dubai, UAE 1 bedroom, 120 sq.m. № 388062

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Hotel in Business Bay, Dubai, UAE 1 bedroom, 120 sq.m. № 388062
ID388062 2 450 000 AED
  • AED
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

Paramount Hotel Rooms for Investment in Business Bay Dubai
Paramount is a famous brand, widely known for its film studio and high-quality productions. It has a cultural influence on the global scale. Paramount Hotels & Resorts embraces this culture as a living style.
Paramount Hotels & Resorts is situated at the heart of Burj in Business Center, Dubai. The project has 3 residential towers with 1.200 luxurious apartments along with a separate tower for Paramount Hotel. It features a Hollywood living style. There is a square within the 4 towers, each with 270 m length. Here, there is a dine-in cinema, health center, swimming pool, and Kids Studio Club.
The project is situated in a widely known and iconic location. There are rich shopping, dining, and entertainment options nearby. The hotel rooms are near important amenities and facilities. The hotel rooms to buy in Dubai are located near the Dubai International Financial Center, educational and health institutions, museums, art galleries, and Dubai International Airport.

Along with its over 800 rooms, Paramount Hotel offers a rich scale of amenities. The door to the Paramount Studio features a sophisticated outlook with a Hollywood style.
The project has West Coast-influenced fitness and wellness centers. It has an equipped gym. The project also collaborates with personal trainers, yoga instructors, and healthcare specialists who work with celebrities. They offer personalized programs, activities, and products.
The project also has a dine-in cinema with luxurious couches, a reserved seating system, and food and beverage service. DXB-00042

Location

Location
  • Close to the airport

Features

Security
  • Smart Home system
Doors and windows
  • Prepared spots to install blinds

Indoor facilities

Food and drinks
  • Restaurant
Additional facilities
  • Storage room

Outdoor features

Security
  • Security
Outdoor facilities
  • Community garden
Dubai - Statistics
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ParametersDubai
Rent Per Month
Apartment (1 bedroom) in City Centre8 187.91 AED
Apartment (1 bedroom) Outside of Centre5 000.00 AED
Apartment (3 bedrooms) in City Centre14 957.35 AED
Apartment (3 bedrooms) Outside of Centre10 481.58 AED
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre17 334.88 AED
Price per Square Meter to Buy Apartment Outside of Centre10 376.55 AED
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ParametersDubai
Crime Index15.98
Cost of Living and Rent Index56.13
Purchasing Power Index120.65
Property Price to Income Ratio4.89
Safety Index84.02
Traffic CO₂ Index8040.89
Traffic Inefficiency Index250.73
Rent Index51.31
Health Care Index69.68
Groceries Index46.00
Pollution Index48.73
Traffic Commute Time Index36.27
Restaurant Price Index61.14
Climate Index50.27
Cost of Living Index60.63
Quality of Life Index173.33
Traffic Index169.33
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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)45.00 AED
Coke/Pepsi (0.33 liter bottle)4.84 AED
Water (0.33 liter bottle) 3.28 AED
Cappuccino (regular)22.21 AED
Markets
Milk (regular), (1 liter)7.38 AED
Loaf of Fresh White Bread (500g)5.96 AED
Eggs (regular) (12)12.16 AED
Local Cheese (1kg)35.32 AED
Water (1.5 liter bottle)2.28 AED
Bottle of Wine (Mid-Range)50.00 AED
Domestic Beer (0.5 liter bottle)11.52 AED
Imported Beer (0.33 liter bottle)18.54 AED
Cigarettes 20 Pack (Marlboro)23.00 AED
Apples (1kg)8.69 AED
Chicken Fillets (1kg)28.02 AED
Oranges (1kg)6.62 AED
Potato (1kg)3.85 AED
Lettuce (1 head)6.28 AED
Rice (white), (1kg)8.63 AED
Tomato (1kg)6.07 AED
Banana (1kg)7.28 AED
Onion (1kg)4.80 AED
Beef Round (1kg) (or Equivalent Back Leg Red Meat)34.39 AED
Transportation
One-way Ticket (Local Transport)6.25 AED
Monthly Pass (Regular Price)300.00 AED
Gasoline (1 liter)3.07 AED
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)126 500.00 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)83 400.19 AED
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment722.14 AED
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)357.47 AED
213.11 AED
Salaries And Financing
Average Monthly Net Salary (After Tax)14 177.22 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate4.94
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult335.79 AED
Tennis Court Rent (1 Hour on Weekend)177.50 AED
Cinema, International Release, 1 Seat50.00 AED
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)216.24 AED
1 Summer Dress in a Chain Store (Zara, H&M, ...)200.63 AED
1 Pair of Nike Running Shoes (Mid-Range)361.51 AED
1 Pair of Men Leather Business Shoes349.34 AED
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child2 815.63 AED
International Primary School, Yearly for 1 Child52 596.70 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
TypeHotel
Bedrooms1
Living space120 m²
  • sq. ft
Completion dateII quarter, 2022
Price
  • Price
  • per m²
2 450 000 AED
Price history
31.01.2024
2 450 000 AED
30.01.2024
2 436 542 AED
27.01.2024
2 432 612 AED
26.01.2024
2 420 822 AED
  • AED
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
Seller
Anastasia Akay
Anastasia Akay
Operations Manager