34.4m² Apartment for sale in Ciel Tower, UAE No. 13433

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:

Show full text

Parameters	Dubai
Rent Per Month
Apartment (1 bedroom) in City Centre	$ 2 372.89
Apartment (1 bedroom) Outside of Centre	$ 1 512.34
Apartment (3 bedrooms) in City Centre	$ 4 610.97
Apartment (3 bedrooms) Outside of Centre	$ 2 986.52
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	$ 6 751.15
Price per Square Meter to Buy Apartment Outside of Centre	$ 3 658.72

Parameters	Dubai
Crime Index	16.09
Cost of Living and Rent Index	57.62
Purchasing Power Index	137.80
Property Price to Income Ratio	6.62
Safety Index	83.91
Traffic CO₂ Index	8026.09
Traffic Inefficiency Index	248.38
Rent Index	56.55
Health Care Index	69.79
Groceries Index	46.76
Pollution Index	49.07
Traffic Commute Time Index	36.32
Restaurant Price Index	60.72
Climate Index	50.27
Cost of Living Index	58.46
Quality of Life Index	178.41
Traffic Index	169.39

Parameters	Dubai
Restaurants
Meal, Inexpensive Restaurant	$ 10.89
Meal for 2 People, Mid-range Restaurant, Three-course	$ 79.73
McMeal at McDonalds (or Equivalent Combo Meal)	$ 9.53
Domestic Beer (0.5 liter draught)	$ 12.25
Imported Beer (0.33 liter bottle)	$ 13.61
Coke/Pepsi (0.33 liter bottle)	$ 1.23
Water (0.33 liter bottle)	$ 0.97
Cappuccino (regular)	$ 5.65
Markets
Milk (regular), (1 liter)	$ 1.96
Loaf of Fresh White Bread (500g)	$ 1.43
Eggs (regular) (12)	$ 3.22
Local Cheese (1kg)	$ 9.30
Water (1.5 liter bottle)	$ 0.65
Bottle of Wine (Mid-Range)	$ 16.34
Domestic Beer (0.5 liter bottle)	$ 2.58
Imported Beer (0.33 liter bottle)	$ 3.42
Cigarettes 20 Pack (Marlboro)	$ 6.40
Apples (1kg)	$ 2.36
Chicken Fillets (1kg)	$ 9.30
Oranges (1kg)	$ 1.89
Potato (1kg)	$ 1.19
Lettuce (1 head)	$ 1.34
Rice (white), (1kg)	$ 2.42
Tomato (1kg)	$ 1.57
Banana (1kg)	$ 1.85
Onion (1kg)	$ 1.29
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	$ 12.31
Transportation
One-way Ticket (Local Transport)	$ 1.63
Monthly Pass (Regular Price)	$ 81.68
Gasoline (1 liter)	$ 0.77
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	$ 32 670.84
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)	$ 23 003.05
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	$ 215.87
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	$ 102.12
	$ 60.27
Salaries And Financing
Average Monthly Net Salary (After Tax)	$ 3 931.65
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.43
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	$ 86.66
Tennis Court Rent (1 Hour on Weekend)	$ 43.80
Cinema, International Release, 1 Seat	$ 13.61
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	$ 78.65
1 Summer Dress in a Chain Store (Zara, H&M, ...)	$ 62.34
1 Pair of Nike Running Shoes (Mid-Range)	$ 113.56
1 Pair of Men Leather Business Shoes	$ 115.35
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	$ 823.58
International Primary School, Yearly for 1 Child	$ 13 303.42

Studio Apartment in Ciel Tower, UAE No. 13433

Property description

Features