39m² Apartment in Business Bay, UAE No. 4725

Property description

Set in the prestigious area of Business Bay, Peninsula comes as the latest residential project by Select Group. The master developer is particularly famed for its several thousand homes and numerous waterfront buildings in Dubai.

One of the planned key features of Peninsula three, which is already attracting the attention of many buyers, is a gorgeous promenade, featuring F&B venues and retail spaces, alongside parks and gardens. As well as all the above, residents of the waterfront tower will be granted full access to premium fitness facilities, including but not limited to tennis, squash, and basketball courts, as well as a one-of-a-kind skate park.

Unit Details:
* Studio Unit
* 1 Bathroom
* Unfurnished
* Completion Q4 of 2024

Facilities and Amenities:
* Tennis court
* Paddle court
* Running track
* 3-on-3 basketball court
* Skate park
* Kids’ play area
* Close proximity to Retail outlets, Dining venues, and Boutique cafes

Location:
* 20 minutes away from Downtown Dubai
* 20 minutes away from DIFC
* 20 minutes away from Dubai International Airport

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Parameters	Dubai
Rent Per Month
Apartment (1 bedroom) in City Centre	$ 2 341.81
Apartment (1 bedroom) Outside of Centre	$ 1 500.02
Apartment (3 bedrooms) in City Centre	$ 4 368.40
Apartment (3 bedrooms) Outside of Centre	$ 2 816.53
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	$ 6 710.26
Price per Square Meter to Buy Apartment Outside of Centre	$ 3 582.13

Parameters	Dubai
Crime Index	16.11
Cost of Living and Rent Index	56.89
Purchasing Power Index	137.45
Property Price to Income Ratio	6.58
Safety Index	83.89
Traffic CO₂ Index	8026.23
Traffic Inefficiency Index	248.67
Rent Index	54.03
Health Care Index	69.79
Groceries Index	47.03
Pollution Index	49.07
Traffic Commute Time Index	36.34
Restaurant Price Index	63.43
Climate Index	50.27
Cost of Living Index	59.15
Quality of Life Index	178.23
Traffic Index	169.48

Parameters	Dubai
Restaurants
Meal, Inexpensive Restaurant	$ 10.89
Meal for 2 People, Mid-range Restaurant, Three-course	$ 78.52
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)	$ 1.19
Water (0.33 liter bottle)	$ 1.12
Cappuccino (regular)	$ 5.72
Markets
Milk (regular), (1 liter)	$ 1.90
Loaf of Fresh White Bread (500g)	$ 1.46
Eggs (regular) (12)	$ 3.15
Local Cheese (1kg)	$ 9.04
Water (1.5 liter bottle)	$ 0.64
Bottle of Wine (Mid-Range)	$ 16.34
Domestic Beer (0.5 liter bottle)	$ 2.48
Imported Beer (0.33 liter bottle)	$ 3.42
Cigarettes 20 Pack (Marlboro)	$ 6.26
Apples (1kg)	$ 2.39
Chicken Fillets (1kg)	$ 9.26
Oranges (1kg)	$ 1.94
Potato (1kg)	$ 1.19
Lettuce (1 head)	$ 1.40
Rice (white), (1kg)	$ 2.50
Tomato (1kg)	$ 1.57
Banana (1kg)	$ 1.86
Onion (1kg)	$ 1.33
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	$ 12.15
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)	$ 32 670.84
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)	$ 22 918.82
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	$ 211.45
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	$ 100.46
	$ 59.82
Salaries And Financing
Average Monthly Net Salary (After Tax)	$ 3 912.69
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.40
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	$ 89.46
Tennis Court Rent (1 Hour on Weekend)	$ 44.80
Cinema, International Release, 1 Seat	$ 13.61
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	$ 76.11
1 Summer Dress in a Chain Store (Zara, H&M, ...)	$ 61.91
1 Pair of Nike Running Shoes (Mid-Range)	$ 109.37
1 Pair of Men Leather Business Shoes	$ 114.23
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	$ 834.21
International Primary School, Yearly for 1 Child	$ 12 673.03

Studio Apartment in Business Bay, UAE No. 4725

Property description

Features

Indoor facilities

Outdoor features