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Marina Diamond 1, Dubai Marina

Marina Diamond 1, Dubai Marina

HIGHLIGHTS

About Marina Diamond 1

Marina Diamond is an apartment complex featuring six mid-rise residential buildings. It is located in the bustling district of Dubai Marina.

Marina Diamond 1 is part of the same complex. It was launched in 2004 and completed in 2006. Developed by Diamond Investments LLC, the tower has a total of 15 floors offering 194 residential apartments. One can choose from studios, 1 and 2-bedroom units. There are several amenities in the tower including a fully equipped gym, two swimming pools, a steam and sauna room and 24-hour security services. The building offers freehold ownership.

Marina Diamond 1 entrance
The entrance view of Marina Diamond 1

The Dubai Mall is just an 18-minute drive away from the building while one can get to Palm Jumeirah within 10 minutes. The tower is located quite close toJumeirah Lake Towers. People can also take a stroll down TheWalk, JBR after driving for about 5 minutes. Dubai International Airport and Al Maktoum International Airport are roughly 30 minutes away.

IN A NUTSHELL

  • Part of the Marina Diamonds complex
  • Located in Dubai Marina
  • 15-storey residential building
  • 194 apartments in studio, 1 and 2-bedroom configurations
  • Located close to Marina Walk, Dubai Media City, and Jumeirah Lake Towers
  • Metro stations are in proximity
  • Close to Dubai Mall

BUILDING DETAILS

Facilities in Marina Diamond 1

Parking

Two floors are allotted for parking in Diamond 1 building, Dubai Marina. Each residential unit gets at least one parking space.

parking is Marina Diamond 1
Basement parking is available in the building

Elevators

There are multiple high-speed elevators in Diamond 1 building, Dubai Marina

Security, Central Air-Conditioning and Maintenance Services 

Diamond 1 building, Dubai Marina offers a 24-hour security service and has security staff on duty.  CCTV cameras are also installed for safety purposes.

Gym and Fitness Facilities 

Residents can use the well-equipped gym in Diamond 1 Marina. They can also relax and enjoy a swim at the two shared swimming pools in the building. A health club is also available with steam and sauna rooms.

Lifestyle Amenities

Diamond 1 Marina features a number of upscale amenities. These include retail facilities, walkways and facilities for the disabled. Apartments offer Marina views from the balcony. Little ones would love the children’s playground within the complex. One can also find several cafes and restaurants at The Walk, JBR after driving for about 5 minutes.

Concierge and Guest Services 

24-hour concierge service is available in Marina Diamond 1, Dubai. 

Pet-friendly

Marina Diamond 1, Dubai is a pet-friendly residence.

Marina Diamond 1 Floor Plans 

  • 1-bedroom apartments in Marina Diamond 1, Dubai Marina consist of five different unit types

Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type you’re interested in by browsing Marina Diamond 1 floor plans.

Apartment Types in Marina Diamond 1

Studio Apartments in Marina Diamond 1

Covered areas for studio apartments in Marina Diamond 1 start from 363 sq. ft. and go up to 450 sq. ft. Each unit comes with a fully equipped kitchen and a balcony overlooking the Marina. Along with a spacious bedroom and a study room, these units consist of 1 to 2 bathrooms.

1-Bedroom Apartments in Marina Diamond 1

For a 1-bedroom apartment, the starting covered area is about 750 sq. ft. There are 1 to 2 bathrooms in this bed type along with a spacious living and dining area, built-in wardrobes in each bedroom and a fully fitted kitchen with cabinets and countertops.

2-Bedroom Apartments in Marina Diamond 1

The covered area of a 2-bedroom apartment having 2 bathrooms ranges from 900 sq. ft. to 1,100 sq. ft. These units are high-end, fully furnished apartments with a well-equipped kitchen and a huge balcony.

Most Popular Apartment Types in Marina Diamond 1

  • Studio
  • 1-Bed
  • 2-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%100%

Based on searches conducted by users on Bayut.com over the past 12 months

According to searches on Bayut, the most popular apartment type in Marina Diamond 1, Dubai Marina is a studio unit. 2-bedroom units take the second spot. 1-bedroom apartments are the least popular apartment types in the building.

Rental Trends in Marina Diamond 1

One can find several apartments for rent in Dubai Marina. Similarly, those looking to live in the popular district can rent apartments in Marina Diamond 1.

  • One can rent a studio apartment in Marina Diamond 1 for AED 35k to AED 50k.
  • The rent of a 1-bedroom unit ranges from AED 55k to AED 73k. 
  • People can also rent a 2-bedroom unit for AED 65k to AED 75k.

Sale Trends in Marina Diamond 1

There are numerous luxurious apartments for sale in Dubai Marina. One can also buy apartments in Marina Diamond 1.

Rental Yield in Marina Diamond 1

  • Studio
  • 1-Bed
  • 2-Bed
  • 0
  • 2%
  • 4%
  • 6%
  • 8%10%

Based on searches conducted by users on Bayut.com over the past 12 months

The return on investment (ROI) for those looking to invest in Marina Diamond 1 is 6.9% at the minimum. Studio apartments are the most profitable with an 8.3% ROI. 1-bedroom flats closely follow with an ROI of 8.1%.

Service Charges in Dubai Marina 1

GENERAL FUND
PRICES PER SQ. FT.IN AED
GENERAL FUND
SERVICES
PRICES PER SQ. FT.IN AED
2.38
GENERAL FUND
MAINTENANCE
PRICES PER SQ. FT.IN AED
3.06
GENERAL FUND
IMPROVEMENT
PRICES PER SQ. FT.IN AED
0.08
GENERAL FUND
UTILITIES SERVICES
PRICES PER SQ. FT.IN AED
6.99
GENERAL FUND
MANAGEMENT SERVICES
PRICES PER SQ. FT.IN AED
1.37
GENERAL FUND
INSURANCE
PRICES PER SQ. FT.IN AED
0.61
GENERAL FUND
MASTER COMMUNITY
PRICES PER SQ. FT.IN AED
0.70
GENERAL FUND
ADJUSTMENT
PRICES PER SQ. FT.IN AED
1.31
GENERAL FUND
RESERVE FUND
PRICES PER SQ. FT.IN AED
0.21
GENERAL FUND
INCOME
PRICES PER SQ. FT.IN AED
0.89
GENERAL FUND
TOTAL
PRICES PER SQ. FT.IN AED
17.60

These figures are based on the services charges for Marina Diamond 1* as per the Dubai Land Department. There are many different types of charges for services in Dubai, read up on the service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

NEARBY AMENITIES

Transportation near Marina Diamond 1 

Street view of Marina Diamond 1
The building is connected to major roads

There are plenty of options for public transportation near Marina Diamond 1 including metro, tram and buses.

Bus Station near Marina Diamond 1

Bus lines serving Marina Diamond 1 are 8, 84 and F55A

Metro Stations near Marina Diamond 1

DAMAC Metro Station is a 9-minute walk from the building. Dubai Marina Metro Station is also an 8-minute walk. 

Tram Stations near Marina Diamond 1

People can travel via tram from Dubai Marina Tram Station, which is a 6-minute walk from the building.

Restaurants near Marina Diamond 1 

Popular fine-dining restaurants near Marina Diamond 1 are:

  • The Cavendish Restaurant
  • Stay by Yannick Alleno
  • Cinque
  • Nais Italian Kitchen

These high-end eateries are an 11-minute drive away. One must ideally reserve a table at The Cavendish Restaurant. It is an elegant eatery located in Bonnington serving international cuisine with a Middle Eastern touch.

Another popular eatery is STAY by Yannick Alleno. One can indulge in an exceptional dining experience and try amazing French dishes especially made by master chef Yannick Alleno. One can enjoy authentic Italian dishes at Nais Italian Kitchen and Cinque. 

Other popular eateries in the vicinity are:

  • The Cheesecake Factory
  • Certo Italian Restaurant
  • Pier 7
  • Operation Falafel 
  • The Talk Restaurant

Marina Diamonds 1 has no shortage of dining options. One can find The Cheesecake Factory, Asian Fusion, Wokyo Noodle Bar and Certo Italian Restaurant in proximity. Other popular alternatives, for example, Pier 7, Operation Falafel and The Talk Restaurant at The Walk are only a 5-minute drive away from Marina Diamond 1.

Supermarkets near Marina Diamond 1

For grocery shopping, residents can head to:

  • Carrefour Market
  • Al Maya Supermarket
  • ZOOM
  • Waitrose

There are plenty of supermarkets near Marina Diamond 1. Carrefour Market is a popular retail store in the UAE. It offers all kinds of grocery and household products. One can also find cosmetics, health & beauty and baby items. People can find numerous outlets of Al Maya Supermarket. Waitrose is another popular convenience store offering freshly baked goods.

NEARBY BUILDINGS

  • Diamond 6 Tower- Residential Building
  • Sukoon Tower- Residential Building
  • Safeer Tower- Residential Building
  • Timeplace Tower Marina- Residential Building

There are plenty of residential buildings near Marina Diamond 1. The closest one is Diamond 6, Sukoon Tower, Safeer Tower and Timeplace Tower Marina.

Major Landmarks

  • Dubai Marina Walk
  • Royal Blue Coast Yachts
  • Swiss Art Gate UAE

One can get to Dubai Marina Walkin just 9 minutes. The fascinating destination is a 7km palm-lined waterfront walkway. The street is dotted with global cafes and food outlets in an aesthetic setting.

Walkway dubai marina walk by Emaar
Dubai Marina Walk by Emaar is a popular tourist destination

Another popular tourist attraction is the Royal Blue Coast Yachts. One can enjoy a number of water sports here. People can also visit the Swiss Art Gate UAE to enjoy a number of events, concerts, art and cultural projects. It is a 10-minute drive away from the building.

THINGS TO CONSIDER

Marina Diamond 1 is a great place to live considering the various amenities it offers. Its closeness to metro and tram stations assists residents with commute even when they don’t own vehicles. However, the only downside is the heavy traffic during peak hours.

Are you looking to buy or rent apartments in Marina Diamond 1?

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