1 bedroom Apartment for sale in Downtown Dubai (Downtown Burj Dubai), UAE No. 16435

Property description

This golden collection was sold separately by invitation only by Emaar. It is one of the few available apartments, of this type, in Souq Al Bahar. This unique one-bedroom has been upgraded to a two-bedroom using a tasteful partition to enable families to take advantage of the best view in Dubai. With two bathrooms and a terrace, it is considered to have the best views in the entirety of Dubai, if not in the world!

Building Details:
• 1 Bed apartment converted to a 2-bed
• BUAA 1336 Sq.

Ft.
• Investment opportunity for Short Term Rentals
• Large terrace
• Bur Khalifa & Fountain View
• Gymnasium
• Swimming pool
• Kids play area
• Direct access to Souk Al Bahar
• One-of-a-kind view

Previously known as the Palace Hotel residence apartments, it's a unique unit, situated in the heart of Downtown Dubai. Located on one floor above Time Out Market, surrounded by many restaurants, shops, and, within just a few meters, Dubai Mall and all this has to offer. This unit is a must-see apartment and a trophy asset to add to any property portfolio.

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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

1 bedroom Apartment in Downtown Dubai (Downtown Burj Dubai), UAE No. 16435

Property description

Features

Indoor facilities