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457 297 €

Apartment in Dubai, UAE, 50 m²
  • Apartment in Dubai, UAE, 50 m² - picture 1
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  • Apartment in Dubai, UAE, 50 m² - picture 1
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  • Apartment in Dubai, UAE, 50 m² - picture 8
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  • Apartment in Dubai, UAE, 50 m² - picture 12
  • Apartment in Dubai, UAE, 50 m² - picture 13
  • Apartment in Dubai, UAE, 50 m² - picture 14
  • Property ID on Prianproperty.com: 3899554
    Last update: 24.04.2024
    Number of views: 439

457 297 €

Apartment in Dubai, UAE, 50 m²

50 sq.m 1 1 1
Residence Online Viewing Remote Transaction Cryptocurrency payment

  • Property ID on Prianproperty.com: 3899554
    Last update: 24.04.2024
    Number of views: 439

Specifications

Sale price 457 297 €
Price per square meter 9 145.94 €
Floor area 50 m²
Total number of rooms 1
Number of bedrooms 1
Number of bathrooms 1
Construction phase Off-plan
Facility completion deadline 2026 1К

Additional services

  • Residence permit upon purchase
  • Online viewing is available
  • Opportunity of a remote transaction
  • Cryptocurrency payment is available

Description

The Quayside is the first residential development from developer Ellington Properties in the thriving Business Bay area. Buyers can choose from studios or 1-3 bedroom apartments. Also available is an exclusive five-bedroom penthouse with stunning views of Burj Khalifa and Downtown Dubai. In total, the complex includes 118 residential units, the area of which varies from 50 sq. m to more than 929 sq. m.

Each residence will have a balcony. Some units also include a maid's room, laundry room and powder room. The interior design uses a minimalist marine theme, reminiscent of the Dubai Water Canal.

Among the many world-class amenities available to residents are:

Zen room;
barbecue area;
spa rooms;
clubhouse;
fitness studio;
Children's swimming pool;
pool terrace;
sun loungers by the pool;
electric vehicle charging station and bicycle area;
bungalow;
leisure pool and lounge;
cascading waterfall;
open and closed children's play areas.


One of the key advantages of The Quayside complex is direct access to the Dubai Water Canal.

Owners of studios and apartments with 1-2 bedrooms will be provided with one parking space. Owners of three-bedroom apartments are allocated two parking spaces.

Location

The Quayside is located next to Sheikh Zayed Road and Meydan Road, close to Al Habtoor City. In close proximity to the complex are Al Quoz, Dubai Municipality Center 2 and Godolphin Marine Transport Station, as well as other public transport stops, which will allow residents to easily commute to work in different parts of the emirate.

The complex will be surrounded by many socially significant facilities, including schools, supermarkets, medical facilities, etc. These include:

LuLu Express - Al Quoz, Allday Fresh - Al Habtoor City;
Al Faris Mall;
Global Indian School, Old Safa British School, Lycée français Jean Mermoz;
Dr Prabbs Upal (dentistry).
The facilities listed above are approximately 20 minutes' walk away. It will take the same amount of time to get to Dubai Bowling Center and DeepDark Dubai - Horror/Escape Game. For even more leisure options, Downtown Dubai is approximately five minutes' drive away. Here you will find a huge number of iconic attractions, including the Burj Khalifa, Dubai Mall, Dubai Opera and The Dubai Fountain.

Economic attractiveness

Construction of The Quayside complex is scheduled for completion in the first quarter of 2026. While the project is underway, you can take advantage of a competitive 70/30 payment plan with a 20% deposit on booking. Properties in this complex are an excellent investment vehicle, as the ROI in Business Bay has reached 6% as of April 2023. The minimum annual rental cost in the area is AED 60 thousand (USD 16 thousand). You also have the opportunity to resell your property at a favorable price after paying 40% of its total cost.

Another advantage of buying property in The Quayside is the possibility of obtaining a 2-year visa with an investment of AED 750 thousand (USD 204 thousand). By purchasing a home worth AED 2 million (USD 545 thousand), you can apply for a 10-year Golden Visa. It will allow you to transport your family, staff and receive an Esaad card to the UAE. Thanks to the latter, you can buy discounted products from more than 7 thousand brands in the UAE and 92 countries around the world.

Payment plan

20% At time of booking

10% 1st payment

10% 2nd payment

5% 3rd payment

5% 4th payment

5% Upon completion 30%

5% Upon completion 40%

5% Upon completion 50%

5% Upon completion 60%

30% Upon transfer in 1Q 2026


Additional features

House's or compound's infrastructure and equipment

  • fitness center
  • swimming pool
  • restaurant
  • beauty salon
  • secured area
  • concierge
  • guarded parking
  • elevator
  • playground
  • shops
  • medical facilities
Read further

Apartment details

  • fully furbished
  • fine finishing
  • balcony/terrace
  • central air conditioning
  • fire alarm
  • high-speed internet access
  • telephone connection
Read further

Contact seller

Message sent

Representative

Meerim Zhamakeeva
Co-Founder
Languages: english
Show phone number



Cost of accomodation in Dubai

Cost of accomodation in Dubai
Restaurants
Cappuccino (regular) 5.07 €
Coke/Pepsi (0.33 liter bottle) 1.22 €
Domestic Beer (0.5 liter draught) 11.26 €
McMeal at McDonalds (or Equivalent Combo Meal) 8.76 €
Meal for 2 People, Mid-range Restaurant, Three-course 62.57 €
Meal, Inexpensive Restaurant 10.01 €
Water (0.33 liter bottle) 0.64 €
Imported Beer (0.33 liter bottle) 11.26 €
Markets
Apples (1kg) 2.08 €
Banana (1kg) 1.67 €
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 9.52 €
Bottle of Wine (Mid-Range) 15.02 €
Chicken Fillets (1kg) 7.72 €
Domestic Beer (0.5 liter bottle) 3.18 €
Eggs (regular) (12) 2.80 €
Lettuce (1 head) 1.61 €
Loaf of Fresh White Bread (500g) 1.44 €
Local Cheese (1kg) 11.94 €
Milk (regular), (1 liter) 1.72 €
Onion (1kg) 0.78 €
Oranges (1kg) 1.66 €
Cigarettes 20 Pack (Marlboro) 5.63 €
Potato (1kg) 0.88 €
Rice (white), (1kg) 1.88 €
Tomato (1kg) 1.34 €
Water (1.5 liter bottle) 0.55 €
Imported Beer (0.33 liter bottle) 5.65 €
Transportation
Gasoline (1 liter) 0.79 €
Monthly Pass (Regular Price) 75.08 €
One-way Ticket (Local Transport) 1.75 €
Taxi 1hour Waiting (Normal Tariff) 7.51 €
Taxi Start (Normal Tariff) 3.00 €
Taxi 1km (Normal Tariff) 0.75 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 19 938.75 €
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27 530.56 €
Rent Per Month
Apartment (1 bedroom) in City Centre 1 839.71 €
Apartment (1 bedroom) Outside of Centre 1 068.85 €
Apartment (3 bedrooms) in City Centre 3 603.45 €
Apartment (3 bedrooms) Outside of Centre 2 407.58 €
Utilities (Monthly)
Mobile Phone Monthly Plan with Calls and 10GB+ Data 58.15 €
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 185.01 €
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 86.84 €
Sports And Leisure
Cinema, International Release, 1 Seat 12.51 €
Fitness Club, Monthly Fee for 1 Adult 73.98 €
Tennis Court Rent (1 Hour on Weekend) 34.81 €
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 56.17 €
1 Pair of Men Leather Business Shoes 85.80 €
1 Pair of Nike Running Shoes (Mid-Range) 87.45 €
1 Summer Dress in a Chain Store (Zara, H&M, ...) 52.31 €
Childcare
International Primary School, Yearly for 1 Child 12 271.23 €
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 697.19 €
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre 3 740.60 €
Price per Square Meter to Buy Apartment Outside of Centre 2 314.55 €
Salaries And Financing
Average Monthly Net Salary (After Tax) 3 765.54 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.65 %

Data on the cost of living is provided by the service Numbeo.com. Prianproperty.com can not in any way guarantee the authenticity and correctness of the data.

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Seller
Meerim Zhamakeeva Co-Founder

Spiridon Real Estate

Languages: english
Contact seller
Messengers: