9290m² Building in Dubai, UAE No. 6774
ID6774
$ 19 057 991
Property description
• 4-Star Hotel for Sale• Al Rigg / Deira
• Preleased
• 10 Years
• ROI 10%
• AED 70M
Al Rigga
Adjacent to Dubai Creek in the bustling Deira district, Al Rigga, Dubai is a thriving sub-community featuring commercial and apartment buildings in addition to government offices and retail options. It is one of the top areas for renting in Deira Dubai, home to many hotels, public transport links and retail centres.
The sub-community sits at a strategic location with Dubai Creek while Deira Corniche and Al Maktoum Bridge are only 10 minutes away. Moreover, schools, malls and many other leisure spots are within a short distance.
Deira, the oldest commercial district of Dubai is popular for being a trading hub and for its traditional sites, apartments, offices and recreational spots. As per Bayut’s Annual Market Report for Dubai 2021, the area is also popular for renting affordable apartments in Dubai.
Features
Equipment and Appliances
- Central A/C
Payment and property management
- Property maintenance company
Dubai - Statistics
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| Parameters | Dubai |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 2 384.04 |
| Apartment (1 bedroom) Outside of Centre | $ 1 496.83 |
| Apartment (3 bedrooms) in City Centre | $ 4 607.22 |
| Apartment (3 bedrooms) Outside of Centre | $ 2 892.43 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 6 531.54 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 3 601.09 |
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| Parameters | Dubai |
|---|---|
| Crime Index | 16.10 |
| Cost of Living and Rent Index | 57.40 |
| Purchasing Power Index | 135.03 |
| Property Price to Income Ratio | 6.48 |
| Safety Index | 83.90 |
| Traffic CO₂ Index | 8026.09 |
| Traffic Inefficiency Index | 248.38 |
| Rent Index | 56.50 |
| Health Care Index | 69.79 |
| Groceries Index | 46.69 |
| Pollution Index | 49.07 |
| Traffic Commute Time Index | 36.32 |
| Restaurant Price Index | 61.22 |
| Climate Index | 50.27 |
| Cost of Living Index | 58.09 |
| Quality of Life Index | 177.47 |
| Traffic Index | 169.39 |
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| Parameters | Dubai |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 10.89 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 78.95 |
| 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) | $ 1.20 |
| Water (0.33 liter bottle) | $ 1.06 |
| Cappuccino (regular) | $ 5.65 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.92 |
| Loaf of Fresh White Bread (500g) | $ 1.42 |
| Eggs (regular) (12) | $ 3.15 |
| Local Cheese (1kg) | $ 9.10 |
| Water (1.5 liter bottle) | $ 0.65 |
| Bottle of Wine (Mid-Range) | $ 16.34 |
| Domestic Beer (0.5 liter bottle) | $ 2.52 |
| Imported Beer (0.33 liter bottle) | $ 3.48 |
| Cigarettes 20 Pack (Marlboro) | $ 6.40 |
| Apples (1kg) | $ 2.36 |
| Chicken Fillets (1kg) | $ 9.44 |
| Oranges (1kg) | $ 1.89 |
| Potato (1kg) | $ 1.19 |
| Lettuce (1 head) | $ 1.34 |
| Rice (white), (1kg) | $ 2.47 |
| Tomato (1kg) | $ 1.56 |
| Banana (1kg) | $ 1.85 |
| Onion (1kg) | $ 1.29 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 12.21 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 1.63 |
| Monthly Pass (Regular Price) | $ 81.68 |
| Gasoline (1 liter) | $ 0.78 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 32 670.49 |
| 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) | $ 23 002.81 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 211.54 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 101.83 |
| $ 59.82 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 3 908.91 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.43 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 86.13 |
| Tennis Court Rent (1 Hour on Weekend) | $ 42.79 |
| Cinema, International Release, 1 Seat | $ 13.61 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 77.00 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 61.12 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 109.83 |
| 1 Pair of Men Leather Business Shoes | $ 114.28 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 830.83 |
| International Primary School, Yearly for 1 Child | $ 13 004.50 |
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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Dubai
Building
9290 m²
- m²
- sq. ft
$ 19 057 991
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