Marina Diamond 1
About the project
Marina Diamond 1 is part of the Marina Diamond project, which is a large-scale residential complex designed by the well-known company Diamond Investments LLC. Its construction began in 2004 and was completed in 2006. The residential tower has 15 floors, which houses 194 apartments with 1 and 2 bedrooms apartments as well as compact studios.
The size of the studio apartments range from 363 sq. ft to 450 sq. ft (111 sq. m to 138 sq. m) The studios are characterized by a spacious bedroom combined with a study, living room, fully equipped kitchen, and 1 or 2 bathrooms. All studios have spacious balconies with beautiful views of the marina and prices range from AED 410,000 to AED 490,000 (USD 112,000 to USD 134,000).
*The price is valid for 2021
One or two bedroom apartments range in size from 750 sq. ft to 1,100 sq. ft (229 sq. m to 336 sq. m). Each residential unit has its own specific layout, but depending on the size, apartments have 1 or 2 bathrooms, a spacious living room with dining area and a fully equipped functional kitchen with built-in cabinetry and practical countertops. These types of units are available at prices ranging from AED 600,000 to 1,000,000 (USD 164,000-272,250).
*The price is valid for 2021
Location
The residential complex is located in the vibrant Dubai Marina district and offers many amenities and benefits for those who wish to buy or rent comfortable modern housing:
- Allocated underground parking located on the two basement floors.
- High-speed elevators.
- Twenty-four-hour security service, surveillance cameras and security staff.
- Fully equipped gym, two swimming pools, a sauna and a steam bath.
- On-site walkways, cozy recreation areas, play areas and sports grounds.
- The building is in close proximity to restaurants, cafes, shopping and entertainment centers and other leisure attractions.
The Dubai Marina area is close to the main highway of Dubai, the Sheikh Zayed Road, which, allows quick and easy access to any point of the city. There are bus stops and taxi ranks within a 5-minute walk from the apartment, and the nearest metro station can be reached in less than 10- minutes.
Food lovers will appreciate the wide variety of restaurants located near the apartment complex, including:
- The Cavendish Restaurant is a cozy establishment that serves international cuisine, with a focus on Middle Eastern delicacies.
- STAY by Yannick Alleno, which is a French restaurant.
- Nais Italian Kitchen is a great place for those who prefer Italian cuisine.
Residents can shop at the nearby Al Maya Supermarket, Carrefour Market, Waitrose or ZOOM for their daily or weekly grocery needs
Dubai Marina has many kindergartens and schools, as well as medical centers which are all in close proximity to Marina Diamond.
Popular tourist attractions in Dubai Marina are the 7-kilometer Dubai Marina Walk, Royal Blue Coast Yacht Club and Swiss Art Gate UAE, which hosts various events and concerts throughout the year.
Payback
Marina Diamond 1 residential complex is a freehold area, which means that any foreign citizen can become a property owner in this area. Many investors prefer to buy property with a plan to rent the property out and earn a decent income. The most profitable, in terms of return on investment, are the studio apartments which have an ROI of8.3%.
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Metropolitan Premium Properties
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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