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Global Properties

1 bedroom Hotel Apartment in Business Bay, UAE No. 12846

$ 503 745
$ 5 597 per m²
1 Bedrooms
2 Bathrooms
90 Living space, m²
Business Bay, UAE
Abdulrazzak Al Areed
Valcom Properties
Contact seller
Parameters
Bedrooms
1
Bathrooms
2
Living space, m²
90
ID
12846
Type
Hotel Apartment
Completion date
IV quarter, 2019
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
Features
Features
  • Fully furnished
Outdoor features
  • Car park
Statistics Business Bay
$ 7 426
Price per m²
178
Quality of Life Index
61
Cost of living Index
Parameters
[:second_city:]
Dubai
Difference
Monthly Rent Cost
1-Room Apartment
$ 2 464
2-Room Apartment
$ 1 537
Apartment Purchase Price per m²
In the City Center
$ 7 426
Outside the City Center
$ 4 013
Crime Index
16
Cost of Living and Rent Index
59
Purchasing Power Index
138
Property Price to Income Ratio
7
Safety Index
84
Traffic CO₂ Index
8065
Traffic Inefficiency Index
249
Rent Index
55
Health Care Index
70
Groceries Index
46
Pollution Index
49
Traffic Commute Time Index
36
Restaurant Price Index
67
Climate Index
50
Cost of Living Index
61
Quality of Life Index
178
Traffic Index
170
Restaurants
Meal, Inexpensive Restaurant
$ 10.89
Meal for 2 People, Mid-range Restaurant, Three-course
$ 81.69
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.53
Domestic Beer (0.5 liter draught)
$ 13.61
Imported Beer (0.33 liter bottle)
$ 13.61
Coke/Pepsi (0.33 liter bottle)
$ 1.20
Water (0.33 liter bottle)
$ 0.81
Cappuccino (regular)
$ 5.93
Markets
Milk (regular), (1 liter)
$ 1.85
Loaf of Fresh White Bread (500g)
$ 1.40
Eggs (regular) (12)
$ 3.58
Local Cheese (1kg)
$ 12.24
Water (1.5 liter bottle)
$ 0.62
Bottle of Wine (Mid-Range)
$ 19.06
Domestic Beer (0.5 liter bottle)
$ 2.61
Imported Beer (0.33 liter bottle)
$ 3.18
Cigarettes 20 Pack (Marlboro)
$ 5.99
Apples (1kg)
$ 2.41
Chicken Fillets (1kg)
$ 8.70
Oranges (1kg)
$ 1.70
Potato (1kg)
$ 1.05
Lettuce (1 head)
$ 1.34
Rice (white), (1kg)
$ 2.27
Tomato (1kg)
$ 1.30
Banana (1kg)
$ 1.83
Onion (1kg)
$ 1.01
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.97
Transportation
One-way Ticket (Local Transport)
$ 1.63
Monthly Pass (Regular Price)
$ 87.13
Gasoline (1 liter)
$ 0.77
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 32 675
Taxi Start (Normal Tariff)
$ 3.27
Taxi 1km (Normal Tariff)
$ 0.68
Taxi 1hour Waiting (Normal Tariff)
$ 8.17
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 22 674
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 235
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 94.69
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 60.84
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 4 119
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
4%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 81.47
Tennis Court Rent (1 Hour on Weekend)
$ 49.08
Cinema, International Release, 1 Seat
$ 16.34
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 74.71
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 66.98
1 Pair of Nike Running Shoes (Mid-Range)
$ 126
1 Pair of Men Leather Business Shoes
$ 122
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 860
International Primary School, Yearly for 1 Child
$ 15 977
Abdulrazzak Al Areed
Valcom Properties
Certified Property Consultant
Contact seller
Abdulrazzak Al Areed
Valcom Properties
Certified Property Consultant
Contact seller

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