The Marina Diamonds towers are located within a 10-minute walk from the popular JBR Beach and Jumeirah Beach. A similar distance takes you to the vibrant promenade, The Walk, where life is bustling with music, enticing aromas from cafes and restaurants, and interesting finds in the quaint shops. The complex was developed by Diamond Investments LLC, a company with significant popularity in the Middle East. The towers are already complete, allowing you to move into your new home immediately upon purchase.
At the Marina Diamonds towers, you can buy studios and 1-3 bedroom apartments, ranging in size from 430 sq. ft to 2,034 sq. ft. The interiors feature a light colour scheme, following a strict minimalist design without flashy details.
Pet-friendly community.
As of December 2023, the price for a studio in Marina Diamonds starts from AED 670K (USD 182K). Renting this type of property for a year costs from AED 55K (USD 15K). The price for 1-bedroom apartments starts from AED 850K (USD 231K), and the annual rent starts from AED 75K (USD 20.5K).
Each tower in the Marina Diamonds complex is in high demand due to its excellent location. Everything necessary for life, education, and leisure is within walking distance, making the complex popular among families with children, freelancers, working professionals, and tourists. The Dubai Media City business district and its green park are also conveniently located nearby.
Real estate in Marina Diamonds is a lucrative investment tool. You can generate regular passive income by renting out your property for long-term or short-term stays. Studios and 1-bedroom apartments are particularly popular, mainly rented by young couples, business people, and tourists. The average ROI in these types of properties is around 8-9%. Apartments with 2-3 bedrooms are attractive for families with children for long-term rentals, with an ROI of 7-8%.
By purchasing property in the complex, you can obtain a 2-year resident visa, provided the property is valued at a minimum of AED 750K (USD 204K). If you want to apply for a 10-year Golden visa, the minimum residence value must reach or exceed AED 2M (USD 545K).