45m² Apartment in DAMAC Towers by Paramount, UAE No. 7736

Property description

Property Features

* Studio
* 1 Bathroom
* Size: 488 sq. ft.
* High floor
* Open and Fully Fitted Kitchen
* Prime Location

Community Amenities
• Basement parking
• Built-in wardrobe
• Shared swimming pool
• BBQ area
• Carpets
• Nearby Restaurants, Mosque, Shopping Mall
• Children's play area
• Public transport
• Private Cinema
• Bars with live music
• Shared SPA
• Coffe point

DAMAC Towers by Paramount is its themed residences, which are inspired by Paramount Pictures' iconic movies and feature stunning interiors and luxurious furnishings. The project aims to redefine luxury living in Dubai and has attracted attention from investors and visitors alike.

Business Bay is home to numerous high-rise towers housing offices, hotels, and apartments, making it a popular destination for professionals, expatriates, and tourists. The area boasts world-class amenities such as shopping malls, restaurants, cafes, fitness centers, and parks, catering to the needs of residents and visitors alike.

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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 DAMAC Towers by Paramount, UAE No. 7736

Property description

Location

Features

Indoor facilities

Outdoor features