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Hotel in Business Bay, Dubai, UAE 1 bedroom, 115 sq.m. № 388066
77
ID388066
2 485 000 AED
- AED
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Hotel Rooms with Rental Income Guarantee on Sheikh Zayed Road in Business BayParamount Tower Hotel & Residences is a prestigious mixed-project that offers an upright living space on Shaikh Zayed Road in Business Bay, Dubai. The project features a 258 m long tower with wonderful views of Burj, Dubai Canal, Palm Jumeirah, World Islands, and Burj Al Arab.
Business Bay features a lively atmosphere. The hotel is situated in a popular location that attracts guests. The hotel rooms for sale in Dubai are located 5 minutes from the metro station, 9 minutes from Burj Khalifa, 13 km from Jumeirah Beach, 15 minutes from Palm Jumeirah, and 20 minutes from Dubai International Airport.
On the ground floor of the 63-storey tower, there are various amenities. On the roof, there is an infinity pool and a landscaped terrace with chill-out spaces. The project also offers luxurious restaurants, a SPA, a fitness center, a wellness center, an equipped gym, and conference rooms. The project is ideal for luxury living and offers all the needs for business life.
The hotel rooms come with a 4-year 8% rental income guarantee and offers 60-40% income share.
Paramount Tower is a mixed project that includes both hotel rooms and residential properties. It has a big investment value with i-a quality lifestyle and Hollywood-concept of living. The project offers a profitable investment along with a holiday-making opportunity in one of the biggest hotel brands in the world. DXB-00044
Paramount Tower is a mixed project that includes both hotel rooms and residential properties. It has a big investment value with i-a quality lifestyle and Hollywood-concept of living. The project offers a profitable investment along with a holiday-making opportunity in one of the biggest hotel brands in the world. DXB-00044
Dubai - Statistics
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| Parameters | Dubai |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | 7 922.61 AED |
| Apartment (1 bedroom) Outside of Centre | 4 837.25 AED |
| Apartment (3 bedrooms) in City Centre | 15 283.38 AED |
| Apartment (3 bedrooms) Outside of Centre | 10 348.05 AED |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | 19 531.65 AED |
| Price per Square Meter to Buy Apartment Outside of Centre | 11 144.73 AED |
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| Parameters | Dubai |
|---|---|
| Crime Index | 16.17 |
| Cost of Living and Rent Index | 57.75 |
| Purchasing Power Index | 119.16 |
| Property Price to Income Ratio | 5.14 |
| Safety Index | 83.83 |
| Traffic CO₂ Index | 8147.60 |
| Traffic Inefficiency Index | 264.68 |
| Rent Index | 52.42 |
| Health Care Index | 69.07 |
| Groceries Index | 46.82 |
| Pollution Index | 49.34 |
| Traffic Commute Time Index | 37.01 |
| Restaurant Price Index | 61.44 |
| Climate Index | 50.27 |
| Cost of Living Index | 62.63 |
| Quality of Life Index | 171.17 |
| Traffic Index | 173.48 |
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| Parameters | Dubai |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | 40.00 AED |
| Meal for 2 People, Mid-range Restaurant, Three-course | 300.00 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) | 4.27 AED |
| Water (0.33 liter bottle) | 2.79 AED |
| Cappuccino (regular) | 21.58 AED |
| Markets | |
| Milk (regular), (1 liter) | 7.37 AED |
| Loaf of Fresh White Bread (500g) | 5.96 AED |
| Eggs (regular) (12) | 11.58 AED |
| Local Cheese (1kg) | 40.60 AED |
| Water (1.5 liter bottle) | 2.32 AED |
| Bottle of Wine (Mid-Range) | 57.50 AED |
| Domestic Beer (0.5 liter bottle) | 11.67 AED |
| Imported Beer (0.33 liter bottle) | 19.19 AED |
| Cigarettes 20 Pack (Marlboro) | 23.00 AED |
| Apples (1kg) | 8.50 AED |
| Chicken Fillets (1kg) | 30.58 AED |
| Oranges (1kg) | 6.87 AED |
| Potato (1kg) | 3.74 AED |
| Lettuce (1 head) | 6.17 AED |
| Rice (white), (1kg) | 8.28 AED |
| Tomato (1kg) | 5.98 AED |
| Banana (1kg) | 7.23 AED |
| Onion (1kg) | 4.12 AED |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | 35.08 AED |
| Transportation | |
| One-way Ticket (Local Transport) | 6.50 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) | 150 000.00 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) | 83 765.52 AED |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | 758.85 AED |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 350.84 AED |
| 220.96 AED | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | 14 911.07 AED |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.12 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | 334.52 AED |
| Tennis Court Rent (1 Hour on Weekend) | 177.12 AED |
| Cinema, International Release, 1 Seat | 50.00 AED |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 238.33 AED |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 221.25 AED |
| 1 Pair of Nike Running Shoes (Mid-Range) | 368.59 AED |
| 1 Pair of Men Leather Business Shoes | 364.74 AED |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 2 730.53 AED |
| International Primary School, Yearly for 1 Child | 53 789.47 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
CityDubai
DistrictBusiness Bay
TypeHotel
Bedrooms1
Living space115 m²
- m²
- sq. ft
Completion dateII quarter, 2022
Price
- Price
- per m²
2 485 000 AED
Price history
31.01.2024
2 485 000 AED
30.01.2024
2 464 814 AED
27.01.2024
2 460 889 AED
26.01.2024
2 449 114 AED
- AED
- EUR €
- USD $
- RUB ₽
- GBP £
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