Studio Apartment in Business Bay, UAE No. 4863
ID4863
$ 408 442
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.
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.
Trakheesi Permit: 71440007546
Dubai - Statistics
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| Parameters | Dubai |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 2 255.50 |
| Apartment (1 bedroom) Outside of Centre | $ 1 412.14 |
| Apartment (3 bedrooms) in City Centre | $ 4 070.13 |
| Apartment (3 bedrooms) Outside of Centre | $ 2 721.64 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 6 044.27 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 3 387.58 |
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| Parameters | Dubai |
|---|---|
| Crime Index | 16.22 |
| Cost of Living and Rent Index | 54.88 |
| Purchasing Power Index | 111.71 |
| Property Price to Income Ratio | 7.16 |
| Safety Index | 83.78 |
| Traffic CO₂ Index | 8051.00 |
| Traffic Inefficiency Index | 249.87 |
| Rent Index | 50.69 |
| Health Care Index | 69.84 |
| Groceries Index | 46.96 |
| Pollution Index | 48.82 |
| Traffic Commute Time Index | 36.38 |
| Restaurant Price Index | 65.24 |
| Climate Index | 50.27 |
| Cost of Living Index | 58.26 |
| Quality of Life Index | 167.54 |
| Traffic Index | 169.83 |
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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) | $ 1.32 |
| Water (0.33 liter bottle) | $ 1.08 |
| Cappuccino (regular) | $ 6.06 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.84 |
| Loaf of Fresh White Bread (500g) | $ 1.53 |
| Eggs (regular) (12) | $ 3.21 |
| Local Cheese (1kg) | $ 8.74 |
| Water (1.5 liter bottle) | $ 0.61 |
| Bottle of Wine (Mid-Range) | $ 15.65 |
| Domestic Beer (0.5 liter bottle) | $ 2.81 |
| Imported Beer (0.33 liter bottle) | $ 4.69 |
| Cigarettes 20 Pack (Marlboro) | $ 6.53 |
| Apples (1kg) | $ 2.44 |
| Chicken Fillets (1kg) | $ 8.53 |
| Oranges (1kg) | $ 1.94 |
| Potato (1kg) | $ 1.15 |
| Lettuce (1 head) | $ 1.61 |
| Rice (white), (1kg) | $ 2.57 |
| Tomato (1kg) | $ 1.57 |
| Banana (1kg) | $ 1.86 |
| Onion (1kg) | $ 1.52 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 10.06 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 1.63 |
| Monthly Pass (Regular Price) | $ 81.68 |
| Gasoline (1 liter) | $ 0.83 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 32 670.84 |
| Taxi Start (Normal Tariff) | $ 3.27 |
| Taxi 1km (Normal Tariff) | $ 0.82 |
| Taxi 1hour Waiting (Normal Tariff) | $ 8.17 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 22 634.51 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 203.25 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 101.53 |
| $ 55.09 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 3 291.72 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.65 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 81.23 |
| Tennis Court Rent (1 Hour on Weekend) | $ 41.20 |
| Cinema, International Release, 1 Seat | $ 13.61 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 60.49 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 56.27 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 97.81 |
| 1 Pair of Men Leather Business Shoes | $ 96.16 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 791.06 |
| International Primary School, Yearly for 1 Child | $ 12 982.18 |
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
Business Bay
Apartment
41 m²
- m²
- sq. ft
$ 408 442
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