Marina Diamond 3
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Marina Diamond 3

About the project

Marina Diamond 3 Tower is a 15-storey residential complex located in the dynamic, and popular tourist attraction of Dubai Marina. Marina Diamond 3 Tower, which is one of six towers by Diamond Investments LLC, was completed in 2007 and the architectural designer was Alajmi Engineering Consultants.

The property collection of the complex includes 190 residential units: these are studios and 1 and 2-bedroom apartments ranging in size from 39 sq. m (424 sq. ft). The minimum cost of the studio is AED 420,000 (USD 114,000). All residences have built-in closets, fitted bathrooms and kitchens, as well as panoramic windows overlooking the Dubai Marina and the skyscrapers of Jumeirah Lake Tower. Apartments and some studios have balconies, and secondary market units are sold furnished.

Marina Diamond 3 Tower facilities and amenities include:

  • a barbecue area;
  • a fully equipped gym;
  • high-speed elevators;
  • a swimming pool and sauna;
  • gardens and lawns around the building;
  • covered parking;
  • concierge 24/7;
  • security and video surveillance around the clock;
  • Metro and supermarket nearby.
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Location

Marina Diamond 3 Tower is located on Al Marsa Street which is a 2-minute drive from the main thoroughfare of Dubai, Sheikh Zayed Road. The convenient location of the complex and well-developed infrastructure of Dubai Marina creates the conditions for comfortable living and doing business. Within walking distance from the tower there are various catering establishments, pharmacies, and stores as well as bus and streetcar stops. It takes 8 minutes to walk to Sobha Realty Metro Station via a covered walkway. The nearby Carrefour City chain supermarket is a 2-minute walk away and Marina Mall can be reached within an 11-minute walk. JBR and Marina Beach are a 10-minute drive away.

The distance from Marina Diamond 3 Tower to Dubai’s main attractions is:

  • Dubai Mall, Burj Khalifa and Dubai Fountain – 20 minutes;
  • Palm Jumeirah – 10 minutes;
  • Ibn Battuta Mall – 14 minutes;
  • DXB and Al Maktoum International Airports – 30 and 35 minutes.
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Return on investment

Marina Diamond 3 Tower is offered for sale as a freehold property, which provides foreign investors with full ownership rights. The living space provides comfortable accommodation for short term lets, as well as for long-term leases for business people and young couples. The return on investment in 1-bedroom apartments has an average rate of 5.84%.

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