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Tiara Diamond, Palm JumeirahReady

Tiara Diamond, Palm Jumeirah

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HIGHLIGHTS

ABOUT TIARA DIAMOND PALM JUMEIRAH

Tiara Diamond is one of the buildings in the Tiara Residences complex. It is also known as Diamond. This is a residential apartment building. It offers 1, 2, 3 and 4-bedroom apartments. The complex has basement parking. There is a gym and swimming pool. The property also has Jacuzzis. Almost all apartments have balconies and all bedrooms have built-in wardrobes.

Garden view of Diamond, Tiara Residence
Garden view of Tiara Diamond, Tiara Residences

Tiara Diamond is a child-friendly property. There is a swimming pool for kids and play area as well. The complex is pet-friendly too. There is security at all hours of the day for the absolute safety of the residents. There are smoke detectors all across the property. The building has maintenance services as well.

Tiara Residences is a seven-building complex. All buildings have 16 floors each. Six of these buildings are apartment complexes and one building is a luxury hotel. The complex was developed by Nakheel. Tiara Residences have buildings all named after precious stones. They are names Tiara Sapphire, Tiara Ruby, Tiara Aquamarine, Tiara Amber, Tiara Tanzanite, Tiara Emerald and Tiara Diamond. In totality, there are over 640 apartments.

Palm Jumeirah is a man-made island in Dubai. It has a collection of luxurious villas, townhouses, apartment buildings and hotels. The restaurants here are fine-dining and gourmet. The entertainment facilities on the island are exceptionally vibrant. Their nightlife is full of colour as there are cafes with bars that stay open until late and offer a variety of cuisines.

IN A NUTSHELL

  • Type of building: Residential
  • Location: Palm Jumeirah
  • Developer: Nakheel
  • Date of completion: 2009
  • Number of floors: 16
  • Unit type: 1, 2, 3 and 4-bedroom apartments
  • Amenities: Parking, Water-front view, Security and CCTV camera, Gym, Swimming pool, Jacuzzis, Children’s play area, Barbecue area, Landscaped gardens, Pet-friendly, Maintenance services, Fire alarms, Smoke detectors
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BUILDING DETAILS

FACILITIES IN TIARA DIAMOND PALM JUMEIRAH

PARKING

There is basement parking in Tiara Diamond Palm Jumeirah for all residents. Some apartments are allotted multiple parking spaces; depending on the size of the unit.

ELEVATORS

There are multiple high-speed elevators in Tiara Diamond Palm Jumeirah for the easy commute between floors.

SECURITY, CENTRAL AIR-CONDITIONING AND MAINTENANCE SERVICES

Tiara Diamond, Dubai has 24-hour security staff on-site along with CCTV camera surveillance for the utmost safety and protection of the residents. There is a 24-hour maintenance service available too. All utilities are provided by DEWA.

EVENT SPACE

Tiara Diamond Palm Jumeirah has a large barbecue area. This space can be utilized for family cookouts of for informal gatherings. There are also gardens which can be used for evening parties.

GYM AND FITNESS FACILITIES

There is a contemporary well-equipped gym in Tiara Diamond Palm Jumeirah. There is a swimming pool for those who prefer water-based activities to keep fit as well.

LIFESTYLE AMENITIES

Tiara Diamond of Tiara Residences is a luxury filled apartment building and offers many amenities. There is a children’s play area and a swimming pool for kids. There are Jacuzzis and saunas for absolute relaxation.

CONCIERGE AND GUEST SERVICES

Tiara Diamond, Palm Jumeirah, has a grand lobby and an area for guests to wait for in. There is a concierge service available.

PET-FRIENDLY

Tiara Diamond Palm Jumeirah, is a pet-friendly residential apartment building complex.

SAFETY FEATURES

Tiara Diamond, Dubai has smoke detectors and fire alarms all across the property. There are sprinkler systems also installed.

APARTMENT TYPES IN TIARA DIAMOND PALM JUMEIRAH

Apartment types in Tiara Diamond, Palm Jumeirah range from 1, 2, 3 to 4-bedroom units. All apartments are allotted parking spaces. Some have multiple as they are larger units. The balconies offer a water-front view. The units have wooden flooring that has a stunning finish.

1-BEDROOM APARTMENTS IN TIARA DIAMOND PALM JUMEIRAH

1-bedroom apartments in Tiara Diamond Palm Jumeirah range from 1,296 sq. ft. to 1,350 sq. ft. in size. There are usually two bathrooms in these units. The kitchen is open and connects into the spacious living room. The apartments that have balconies connect to the living room. Some units have two balconies, one of which connect to the bedroom. The bedroom has a built-in wardrobe.

2-BEDROOM APARTMENTS IN TIARA DIAMOND PALM JUMEIRAH

2-bedroom apartments in Tiara Diamond Palm Jumeirah range from 1,677 sq. ft. to 1,849 sq. ft. in size. There are usually three bathrooms in these units. All of these apartments have a balcony. The kitchen is open and connects to the living room. The balcony connects to the spacious living room. The bedrooms have built-in wardrobes. There may be multiple balconies in these units at times and some would connect to the bedroom, offering complete privacy.

3-BEDROOM APARTMENTS IN TIARA DIAMOND PALM JUMEIRAH

3-bedroom apartments in Tiara Diamond Palm Jumeirah range from 2,260 sq. ft. to 2,398 sq. ft. in size. There are usually three or four bathrooms in these units. The living room is spacious and connects to the balcony. The kitchen is open.

4-BEDROOM APARTMENTS IN TIARA DIAMOND PALM JUMEIRAH

4-bedroom apartments in Tiara Diamond Palm Jumeirah are exceptionally luxurious. There is a maid’s room and laundry area. The units have ocean-facing balconies. The bedrooms have built-in wardrobes. There is a study room in this configuration as well.

1-Bed
2-Bed
3-Bed
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Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 8 hours ago

According to Bayut, 2-bedroom flats in Diamond enjoy the highest popularity. They are followed by 3-bedroom flats in the second spot. 1-bed apartments take up the third position on the list.

RENTAL TRENDS IN TIARA DIAMOND PALM JUMEIRAH

Tiara Diamond, Tiara Residences is in Palm Jumeirah. It offers a variety of facilities and luxurious amenities. There is a gym, a swimming pool for adults and children. The property also has a play area for kids.

  • The rental prices for 1-bedroom apartments range from AED 120k to AED 130k
  • The rental prices for 2-bedroom apartments range from AED 150k to AED 190k
  • The rental prices for 3-bedroom apartments range from AED 205k to AED 236k

There are many other apartments in the vicinity which offer a range of amenities. The apartments for rent in Palm Jumeriah offer almost every luxury needed.

SALES TRENDS IN TIARA DIAMOND PALM JUMEIRAH

Tiara Diamond, Tiara Residences, Palm Jumeriah is a great investment opportunity. It is a water-front property with private access to the beach. Almost all apartments have a stunning view of the ocean. The building has a barbecue area and landscaped gardens. There are Jacuzzis and saunas as well.

  • The sale prices for 1-bedroom apartments is around AED 2.1M
  • The sale prices for 2-bedroom apartments range from AED 3M to AED 3.3M
  • The sale prices for 3-bedroom apartments range from AED 3.8M to AED 6.1M

The apartments for sale in Palm Jumeirah offer prime real estate. The properties have an oceanfront and many facilities as well.

RENTAL YIELD IN TIARA DIAMOND PALM JUMEIRAH

1-Bed
2-Bed
0%4%8%12%16%20%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 8 hours ago

1-bed apartments offer the highest ROI in Diamond of 5.30%. 2-bedroom flats generate about 3.91% return on investment.

SERVICE CHARGES IN TIARA DIAMOND PALM JUMEIRAH

GENERAL FUNDPRICE PER SQ. FT. IN AED
Services
info
General upkeep of the building
2.82
Maintenance
info
General repairs and replacements
4.42
Utilities Services
info
Charges for using DEWA/district cooling facilities and meters
8.40
Management Services
info
Owner’s association charges for managing the property
1.06
Insurance
info
Charge for the insurance of the building
0.58
Master Community
info
Fees for communal facilities in the neighbourhood
1.04
General Fund 18.32
Reserved Fund
info
Funds used for major repairs and to help maintain the yearly service charges fees
1.00
Total 19.32

These figures are based on the services charges for Tiara Residence* as per the Dubai Land Department.

Read more about the Dubai service charges index if you are interested in buying a property in Dubai.

*These charges are subject to change.

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NEARBY AMENITIES

TRANSPORTATION NEAR TIARA DIAMOND PALM JUMEIRAH

There are various methods of transportation near Tiara Diamond Palm Jumeirah. Some of them are as follows:

BUS STOPS NEAR TIARA DIAMOND PALM JUMEIRAH

Bus Stops near Tiara Diamond Palm Jumeirah includes:

  • Royal Mirage Hotel 1 2 Bus Stop (9 minutes away)
  • Royal Mirage Hotel 2 2 Bus Stop (9 minutes away)
  • Knowledge Village Bus Stop (7 minutes away)

TRAM STATIONS NEAR TIARA DIAMOND PALM JUMEIRAH

Tram Stations near Tiara Diamond Palm Jumeirah includes:

  • Palm Jumeirah Tram Station (11 minutes away)
  • Media City Tram Station (11 minutes away)
  • Al Sufouh Tram Station (7 minutes away)

METRO STATIONS NEAR TIARA DIAMOND PALM JUMEIRAH

Metro Stations near Tiara Diamond Palm Jumeirah includes:

  • Dubai Internet City Metro Station 2 (12 minutes away)
  • Damac Properties Metro Station (13 minutes away)
  • DMCC Metro Station 1 (13 minutes away)
Dubai Internet City Metro Station
Dubai Internet City Metro Station near Tiara Diamond, Tiara Residences

You can also hail cabs or use cab-hailing services or phone apps. It depends on your preference.

RESTAURANTS NEAR TIARA DIAMOND PALM JUMEIRAH

Restaurants near Tiara Diamond Palm Jumeirah includes:

  • Cinque | Italian Restaurant in Dubai | FIVE Palm Jumeirah (6 minutes away)
  • The Beach Bar & Grill by Mauro Colagreco (10 minutes away)
  • Ella’s Eatery (3 minutes away)

Cinque | Italian Restaurant in Dubai | FIVE Palm Jumeirah offers various kinds of pasta and various other Italian dishes. The atmosphere is bright. The Beach Bar & Grill is a great place for its extremely considerate staff. They take care of your dietary restrictions and allergies. The service and ambience are both amazing. Ella’s Eatery has a variety of foods to offer. There is outdoor seating and indoor ambience is beautiful as well. It offers all you can eat breakfast. The Wine & Cheese platters are absolutely exquisite. There is a wide range of restaurants in Palm Jumeirah. Almost all provide excellent ambience and exquisite food.

SUPERMARKETS NEAR TIARA DIAMOND PALM JUMEIRAH

Supermarkets near Tiara Diamond Palm Jumeirah includes:

  • Allday Fresh Supermarket Golden Mile (6 minutes away)
  • Choithrams (8 minutes away)
  • Spinneys (8 minutes away)

Diamond, Palm Jumeirah, is surrounded by minimarts and supermarkets. Some stay open until midnight, like Choithrams. You can shop in accordance with your schedule easily.

NEARBY BUILDINGS

Buildings near Tiara Diamond Palm Jumeirah includes:

  • The Fairmont Palm Residences (8 minutes away)
  • Golden Mile (8 minutes away)
  • Shoreline Apartments (4 minutes away)

Palm Jumeriah has many luxury filled apartment complexes. They offer top-of-the-class facilities and most of them have private beach accesses. The Fairmont Palm Residences is a two-building complex. It offers 1, 2, 3, 4 and 5-bedroom apartments. Golden Mile is a 10-building complex. It has a total of 178 units which are divided into 1, 2 and 3-bedroom units. Shoreline Apartments are a 20-building complex. It has over 2,600 apartments. The property offers 1, 2, 3 and 4-bedroom apartments along with 4-bedroom penthouses.

Shoreline Apartments
Shoreline Apartments near Tiara Diamond, Tiara Residences

MAJOR LANDMARKS

Major Landmarks near Tiara Diamond Palm Jumeirah includes:

  • The Lost Chambers Aquariums (8 minutes away)
  • Marina Promenade – Emaar (14 minutes away)
  • Dubai Police Museum (14 minutes away)

The Lost Chambers Aquarium is the largest aquarium in the Middle East and Africa. There are more than 65,000 species of marine life present and cared for here. A great trip for the whole family where every age group can learn something more.

The Marina Promenade is the perfect place for a calming stroll is a tech-driven city like Dubai. There are shops and dining options along the strip as well. You can easily spend a few hours here.

The Marina Promenade
The Marina Promenade near Tiara Diamond, Tiara Residences

Dubai Police Museum takes you on a journey through time. It is within the Police Academy and has exhibits on various uniforms throughout the years. The museum also has many cars that have been used over the course of history in Dubai.

THINGS TO CONSIDER

Diamond, Palm Jumeirah, is part of a seven-building complex that is named Tiara Residences. The property is pet-friendly and has a children’s swimming pool as well as a play area. The private beach access is just one of the many facilities available here.

Are you looking to buy or rent apartments in Tiara Diamond Palm Jumeirah?
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