1 bedroom Apartment in Downtown Dubai (Downtown Burj Dubai), UAE No. 16437

4
1 bedroom Apartment in Downtown Dubai (Downtown Burj Dubai), UAE No. 16437
ID16437 $ 1 252 365
16437

Property description

This huge 2,314 sqft unique one-bedroom has been partitioned and upgraded to a two-bedroom, making this a great opportunity to accommodate families with two large bathrooms. It has a huge terrace that could make for a massive outside dining and entertaining space overlooking the pools of Souk Al Bahar.

Building Details:
• 1 bedroom with additional bedroom added
• BUA: 2314 Sq. Ft.
• 2 Bathroom
• Amazing location
• Downtown Skyline views
• Swimming pool
• Kids play area
• Near to Art galleries and cultural landmarks
• Direct access to Souk Al Bahar
• Dubai Mall 2 minutes walk away

Previously known as the Palace Hotel residence apartments, it's uniquely situated in the heart of everything Downtown has to offer. In the same building as the Time Out Market, surrounded by many restaurants, and shops, and just a few meters from Dubai Mall. This unit is a must-see apartment and a trophy asset to add to any property portfolio.

Features

Balcony
  • Balcony
Pool, sauna and etc
  • Hot tub

Indoor facilities

Sport facilities
  • Fitness room
Dubai - Statistics
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ParametersDubai
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
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ParametersDubai
Crime Index16.09
Cost of Living and Rent Index57.62
Purchasing Power Index137.80
Property Price to Income Ratio6.62
Safety Index83.91
Traffic CO₂ Index8026.09
Traffic Inefficiency Index248.38
Rent Index56.55
Health Care Index69.79
Groceries Index46.76
Pollution Index49.07
Traffic Commute Time Index36.32
Restaurant Price Index60.72
Climate Index50.27
Cost of Living Index58.46
Quality of Life Index178.41
Traffic Index169.39
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ParametersDubai
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-Rate4.43
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
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
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CityDubai
DistrictDowntown Dubai (Downtown Burj Dubai)
TypeApartment
Bedrooms1
Living space215 m²
  • sq. ft
Price
  • Price
  • per m²
$ 1 252 365
Seller
Lloyd Page
Lloyd Page
Sales