1 bedroom Hotel Apartment in DAMAC Towers by Paramount, UAE No. 9236
ID9236
$ 503 675
Property description
Welcome to this stunning 1-bedroom apartment located in Tower C of the luxurious DAMAC Towers by Paramount in Business Bay, offered exclusively by VALCOM Properties. This four-tower development is a unique and ambitious project that seamlessly blends California cool with Hollywood glamour, offering an iconic address in one of Dubai's most sought-after neighborhoods.The apartment boasts an upscale and contemporary design, with high-quality finishes and fixtures throughout. The living area is bright and airy, with floor-to-ceiling windows that offer breathtaking views of the surrounding cityscape. The modern kitchen is fully equipped with top-of-the-line appliances and ample storage space, making meal preparation a breeze.
The bedroom is spacious and comfortable, with plush carpeting, built-in wardrobes, and an en-suite bathroom featuring premium fixtures and fittings. Residents of this apartment will also have access to an array of facilities and amenities, including a fitness center, swimming pool, steam room, sauna, and 24-hour valet parking service.
Located in the heart of Business Bay, this apartment is just moments away from some of Dubai's most iconic landmarks and attractions, including the world-renowned Dubai Mall, the magnificent Burj Khalifa, and the stunning Dubai Fountain. Additionally, residents will have access to a range of upscale dining and entertainment options, as well as retail outlets and a luxury spa.
At VALCOM Properties, we are committed to providing our clients with exceptional service and ensuring that their property journey is as seamless and stress-free as possible. If you're looking for a luxurious and modern apartment in one of Dubai's most sought-after neighborhoods, look no further than this stunning 1-bedroom apartment in DAMAC Towers by Paramount.
This is a Hotel Apartment use
No annual fees
Every 6 months, all owners are getting 85% profit from the hotel
Trakheesi Permit: 7117447717
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.
Contact the seller
Dubai
Business Bay
DAMAC Towers by Paramount
Hotel Apartment
1
90 m²
- m²
- sq. ft
IV quarter, 2019
$ 503 675
Seller
Abdulrazzak Al Areed
Certified Property Consultant
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