41m² Apartment in Business Bay, UAE No. 4863

Property description

Mama Residences at Business Bay is a new 26-story luxury development by Khamas Group. The leisure architecture comes with a range of stunning facilities from the circuit pool to the work suites, along with á la carte hotel services available at ease. Along with being smart homes and loaded with technological features, these homes are considered perfect and convenient in every way.

Offering the ultimate chance of purchasing two units together: Studio and 2-BR which have interconnected doors between these apartments.

Get in touch with our luxury property consultant for more details.

Property details:
- Studio Apartment on a high floor
- Partial Sea View
- Fully Furnished and Serviced by extravagant Mama Shelter
- Size: 441 sq. ft.
- Payment Plan: 40% during construction – 60% in 3 years
- Handover in Dec 2023 / Q1 2024
- Project Completion Status: 80%
- Highest expected Rental ROI in the area: from 8-10%

Business Bay is a buzzing and bustling area of just over 4km in size. This small, but full of life district really comes alive during the week, housing many captivating office skyscrapers and unique residential buildings. The area is filled with both fine dining restaurants and places to grab a bite to eat for lunch, as well as banks, supermarkets and even pocket parks. Dubai canal runs through Business Bay, connecting to Marasi Bay that sits at one end of the neighbourhood.

Show full text

Parameters	Dubai
Rent Per Month
Apartment (1 bedroom) in City Centre	$ 2 384.05
Apartment (1 bedroom) Outside of Centre	$ 1 496.83
Apartment (3 bedrooms) in City Centre	$ 4 607.24
Apartment (3 bedrooms) Outside of Centre	$ 2 892.44
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	$ 6 531.57
Price per Square Meter to Buy Apartment Outside of Centre	$ 3 601.10

Parameters	Dubai
Crime Index	16.10
Cost of Living and Rent Index	57.42
Purchasing Power Index	133.50
Property Price to Income Ratio	6.55
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	46.68
Pollution Index	49.07
Traffic Commute Time Index	36.32
Restaurant Price Index	61.46
Climate Index	50.27
Cost of Living Index	58.13
Quality of Life Index	176.79
Traffic Index	169.39

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)	$ 9.09
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)	$ 9.43
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)	$ 12.20
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)	$ 32 670.62
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)	$ 23 002.90
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	$ 211.49
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	$ 101.83
	$ 59.82
Salaries And Financing
Average Monthly Net Salary (After Tax)	$ 3 865.98
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)	$ 76.98
1 Summer Dress in a Chain Store (Zara, H&M, ...)	$ 61.10
1 Pair of Nike Running Shoes (Mid-Range)	$ 109.78
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	$ 13 004.56

Studio Apartment in Business Bay, UAE No. 4863

Property description

Location

Features

Outdoor features