2 bedrooms Apartment for sale in Old Town, UAE No. 22658

Property description

Engel & Voelkers is pleased to present this 2-bedroom apartment in Old Town available for Sale - Price Negotiable.

Property Details:
- 2 Bedroom
- 3 Bathrooms
- Separate Laundry with Storage
- Wide Balcony
- Community View
- Rented till April 2025

Price is negotiable

Located in the vibrant community of Downtown Dubai, Old Town comes with amazing benefits owing to its location.

The homes in these low-rise buildings offer views of the surrounding lakes, the community, Dubai's skyline, Burj Khalifa, partial Dubai Mall, and Dubai Fountain.

They host well-equipped laundries that are equipped with washing machines. The homes also come with maid’s rooms, terraces, and balconies. They feature tile flooring and multiple wardrobes.

The residents can walk from the Boulevard, Souk Al Bahar, Dubai Mall, The Address Hotel, and the Palace Hotel. The Old Town community creates a quaint atmosphere with its shaded walkways and water features that make it an amazing place to live. One cannot believe that it's in the midst of such an urban setting due to its unique presence.

Engel & Voelkers is one of the world’s leading service companies specializing in the brokerage of residential and commercial properties, yachts, and aviation, with 1,000+ offices in over 30 countries.

Contact Engel & Voelkers today for further details.

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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

2 bedrooms Apartment in Old Town, UAE No. 22658

Property description

Features

Indoor facilities

Outdoor features