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Marina Diamond 5, Dubai Marina

Marina Diamond 5, Dubai Marina

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No.9, Dubai Marina, Dubai

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Strengths

Prime Location

Modern Amenities

Strong Community Vibe

Weakens

Limited Parking

Noise Levels

Variable Maintenance Quality

Area JLT

Family Friendly, Affordable

High-rise living by serene lakes

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Description

Marina Diamond 5, Dubai Marina

Real Estate Overview

Building Overview

  • Marina Diamond 5 is a striking residential tower located in the prime area of Dubai Marina, known for its breathtaking waterfront views and vibrant lifestyle.
  • The building is surrounded by an array of amenities including shops, restaurants, and recreational spots, making it a highly desirable location.
  • Nearby landmarks include the iconic Jumeirah Beach, The Walk at JBR, and excellent proximity to major roadways and public transportation options such as the Dubai Metro.

Properties Overview

  • Marina Diamond 5 features a variety of residential units, including one, two, and three-bedroom apartments that cater to both renters and buyers.
  • Current rental prices typically range from AED 60,000 to AED 120,000 annually, depending on the unit size and view.
  • For those looking to purchase, sales prices usually start around AED 800,000 for smaller units and can exceed AED 1.5 million for larger, premium apartments.

Market Trends

  • The rental market in Dubai Marina has experienced stable demand, with an average annual increase of 3-5% in rental prices over the past year.
  • Sales trends indicate a growing interest among investors, with properties in the Marina area offering a competitive return on investment (ROI) averaging between 6-8%.
  • Experts anticipate a steady market in the coming year, driven by increasing expatriate population and a rise in tourism.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to nearby supermarkets, quality schools like Emirates International School, and healthcare facilities including Mediclinic Beach Road.

Transportation and Accessibility

  • Public transport options are abundant, with the Dubai Metro and tram services nearby, as well as easy access to major highways.
  • Building amenities include ample parking space for residents and visitors.

Lifestyle Amenities

  • Lifestyle offerings include a well-equipped gym, swimming pools, BBQ areas, and children's play areas.
  • Additionally, the location provides access to numerous dining options, cafes, and nightlife.

Builing Facilities

  • Marina Diamond 5 boasts modern facilities such as high-speed elevators, 24-hour security, centralized air conditioning, and dedicated maintenance services.

Special Services

  • Residents can enjoy concierge services, guest management, business center facilities, and social gathering spaces.

Planning Your Move or Investment

Floor Plans and Property Types

  • The building offers a range of floor plans tailored for diverse lifestyles, including spacious living areas and modern kitchen layouts.

Things to Consider

  • Potential tenants and buyers should consider factors such as property amenities, building maintenance, community rules, and the overall living environment.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events, social gatherings, and networking opportunities foster a strong sense of community within Marina Diamond 5.

Community Identity

  • Marina Diamond 5 is recognized for its stunning architecture and vibrant community atmosphere, making it a sought-after destination for both living and investment.

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Detailed Buiding Insights

1. Family Friendliness

Marina Diamond 5 offers a decent environment for families with various recreational facilities nearby. However, the proximity to nightlife and busy roads may be a concern for some parents.

Moderately Welcoming

2. Living Options

The community features a variety of apartment sizes and types that cater to different family sizes and budgets, making it suitable for many residents.

Diverse and Affordable

3. Safety And Security

Marina Diamond 5 benefits from 24/7 security, CCTV surveillance, and controlled access, providing residents with peace of mind regarding their safety.

Highly Secure

4. Transportation

The area is well-connected with public transport options, including trams and metro stations, making commuting relatively easy for residents.

Consciously Convenient

5. Amenities And Facilities

Residents enjoy various on-site amenities, including a swimming pool, gym, and nearby parks, enhancing the overall living experience.

Richly Equipped

6. Cost Of Living

Rental prices in Marina Diamond 5 are generally competitive compared to other developments in Dubai Marina, providing good value for the quality of life.

Reasonably Priced

7. Things To Do

The community is surrounded by a wide array of dining, shopping, and entertainment options, making it an appealing choice for active lifestyles.

Vibrantly Diverse

8. Noise Levels

While the community is generally quiet, its proximity to bustling areas can lead to occasional noise, especially during weekends and holidays.

Occasionally Noisy

9. Pet Friendliness

The community is somewhat pet-friendly; however, residents must adhere to regulations regarding pet management and community spaces.

Generally Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Schools

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Local Information

Buy: 213.1K AED - 344.9K AED

Rent: 21.2K AED - 32.1K AED

Length: 200 sqft

Building Age: 11 Years

Floors: 29

Length of Stay:

Short Term : 3.92%
Short Term : 3.92%

A freehold master development divided into six districts, already containing over 350 towers or townhouse rows and 33 landscaped parks. 

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