1 bedroom Apartment in Business Bay, UAE No. 43393
ID43393
$ 408 374
Property description
Damac Towers by Paramount Hotels & Resorts is Hollywood-inspired four-tower development overlooking the Burj Area in Dubai..The buildings provide luxury serviced residences with stunning views and an array of amenities including fully fitted kitchens, high-end concierge services, in-room facilities, a luxurious spa, kids club and in-room facilities. The four buildings are all connected to a multi-level plaza that offers food and beverage services, recreational rooms for parties and events, a wellness and fitness centre, expansive swimming pools and retail shops
Sophisticated and glamorous, this high-end residential complex will provide its residents quality Dubai living by providing them with state-of-the-art amenities like high-end shopping and California-style hotel living.
You can live in the residential unit or rent them out while you are away. The prime property will earn impressive rental earnings. Own luxury hotel apartments with breathtaking views from AED 2.
15 million and get 24% guaranteed rental returns over 3 years
Project Features
Eight restaurants, bars and lounges
Meetings and events facilities
Wellness & fitness centre
Screening rooms
Work and play suites
Retail outlets including Paramount Hotels & Resorts boutique
Swimming pools
Kids club
Damac Towers by Paramount is a mega project consisting of four buildings, one of which will house the Paramount branded hotel while the other three buildings will have the Damac Maison Paramount serviced residences. According to developer press-releases, there are more than 1,000 serviced one, two and three bedroom apartments and the hotel will have 800 rooms.
fäm Properties
Contact Us - +971-42755119
Toll free: 800fam800 (800 326 800)
Email: cc@famproperties.com
Visit our website: famproperties.com
Project Features
Eight restaurants, bars and lounges
Meetings and events facilities
Wellness & fitness centre
Screening rooms
Work and play suites
Retail outlets including Paramount Hotels & Resorts boutique
Swimming pools
Kids club
Damac Towers by Paramount is a mega project consisting of four buildings, one of which will house the Paramount branded hotel while the other three buildings will have the Damac Maison Paramount serviced residences. According to developer press-releases, there are more than 1,000 serviced one, two and three bedroom apartments and the hotel will have 800 rooms.
fäm Properties
Contact Us - +971-42755119
Toll free: 800fam800 (800 326 800)
Email: cc@famproperties.com
Visit our website: famproperties.com
Trakheesi Permit: 7117450005
Dubai - Statistics
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| Parameters | Dubai |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 2 520.04 |
| Apartment (1 bedroom) Outside of Centre | $ 1 597.70 |
| Apartment (3 bedrooms) in City Centre | $ 4 798.07 |
| Apartment (3 bedrooms) Outside of Centre | $ 3 133.59 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 7 477.34 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 3 858.61 |
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| Parameters | Dubai |
|---|---|
| Crime Index | 16.07 |
| Cost of Living and Rent Index | 60.22 |
| Purchasing Power Index | 133.68 |
| Property Price to Income Ratio | 7.20 |
| Safety Index | 83.93 |
| Traffic CO₂ Index | 8035.46 |
| Traffic Inefficiency Index | 247.89 |
| Rent Index | 60.10 |
| Health Care Index | 69.76 |
| Groceries Index | 46.36 |
| Pollution Index | 49.17 |
| Traffic Commute Time Index | 36.32 |
| Restaurant Price Index | 65.11 |
| Climate Index | 50.27 |
| Cost of Living Index | 60.31 |
| Quality of Life Index | 175.93 |
| Traffic Index | 169.42 |
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| Parameters | Dubai |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 10.89 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 81.68 |
| 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) | $ 1.22 |
| Water (0.33 liter bottle) | $ 0.94 |
| Cappuccino (regular) | $ 5.59 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.94 |
| Loaf of Fresh White Bread (500g) | $ 1.40 |
| Eggs (regular) (12) | $ 3.51 |
| Local Cheese (1kg) | $ 10.16 |
| Water (1.5 liter bottle) | $ 0.68 |
| Bottle of Wine (Mid-Range) | $ 16.34 |
| Domestic Beer (0.5 liter bottle) | $ 2.56 |
| Imported Beer (0.33 liter bottle) | $ 3.28 |
| Cigarettes 20 Pack (Marlboro) | $ 6.40 |
| Apples (1kg) | $ 2.32 |
| Chicken Fillets (1kg) | $ 9.62 |
| Oranges (1kg) | $ 1.86 |
| Potato (1kg) | $ 1.21 |
| Lettuce (1 head) | $ 1.44 |
| Rice (white), (1kg) | $ 2.37 |
| Tomato (1kg) | $ 1.57 |
| Banana (1kg) | $ 1.90 |
| Onion (1kg) | $ 1.24 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 12.41 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 1.63 |
| Monthly Pass (Regular Price) | $ 84.40 |
| Gasoline (1 liter) | $ 0.75 |
| 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) | $ 22 824.94 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 222.43 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 100.91 |
| $ 61.50 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 3 935.67 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.44 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 90.65 |
| Tennis Court Rent (1 Hour on Weekend) | $ 45.47 |
| Cinema, International Release, 1 Seat | $ 14.16 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 78.32 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 63.26 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 117.57 |
| 1 Pair of Men Leather Business Shoes | $ 117.07 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 827.98 |
| International Primary School, Yearly for 1 Child | $ 14 526.34 |
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
Contact the seller
Dubai
Business Bay
Apartment
1
87.2 m²
- m²
- sq. ft
$ 408 374
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