34.4m² Apartment for sale in Dubai Marina, UAE by AX Capital Real Estate No. 50896

34.4m² Apartment in Dubai Marina, UAE No. 50896

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$ 204 220

$ 5 937 per m²

1 Bathrooms

34.4 Living space, m²

Dubai Marina, UAE

AX CAPITAL Real Estate

AX Capital Real Estate

Contact seller

Parameters

Bathrooms

Living space, m²

34.4

50896

Type

Apartment

Property description

AX CAPITAL Real Estate is proud to offer an opportunity to own a 25% share in this luxury hotel studio at the head of Dubai Marina Ciel Tower will be the world's tallest hotel and an iconic landmark in Dubai's skyline.

Property Details:

- Bathroom
- BUA: 370.28 sq ft.
- Mid floor
- Stunning view
- Built-in wardrobe
- Fully served apartment
- High ROI, hassle-free investment managed by the hotel
- Developer: The First Group

Timeline: Construction began in May 2016.
Height: 365 meters (1,198 feet)

Units: The development will contain an estimated 1,042 units.
Estimated Handover Date: Q1 2024

Amenities will include an all-day dining restaurant, food & beverage facilities, health club, luxury spa, rooftop infinity pool and terrace.

Designed by award-winning London-based architect NORR Group, Ciel received Best International Hotel Architecture, Best Hotel Architecture Arabia & Best High-rise Architecture Arabia awards at the 2019 International Property Awards.

Ciel stands 365 meters high, making it the world’s tallest hotel.
The project is energy efficient, using 25% less power for air conditioning than is typical for similar buildings. In October 2022, the developer announced that Ciel will be a fully-operated hotel and there will not be any serviced apartments. The hotel operator has not yet been decided.

Ciel Tower has many schools nearby including Emirates International School Meadows at 2.8 km and Regent International School at 3.0 km.

Commute times by car:

21 minutes to drive to Dubai Mall, 12 minutes to Palm Jumeirah, 17 minutes to Burj Al Arab, and 10 minutes to The Walk JBR.

Airport proximity:

Features

Balcony
Fully furnished

Statistics Dubai Marina

$ 7 426

Price per m²

178

Quality of Life Index

Cost of living Index

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Parameters

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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

Cost of Living and Rent Index

Purchasing Power Index

138

Property Price to Income Ratio

Safety Index

Traffic CO₂ Index

8065

Traffic Inefficiency Index

249

Rent Index

Health Care Index

Groceries Index

Pollution Index

Traffic Commute Time Index

Restaurant Price Index

Climate Index

Cost of Living Index

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

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

AX CAPITAL Real Estate

AX Capital Real Estate

Senior Sales Manager

AX CAPITAL Real Estate

AX Capital Real Estate

Senior Sales Manager

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