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Red Diamond, Jumeirah Lake Towers

Red Diamond, Jumeirah Lake Towers

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Jumeirah Lake Towers (JLT), Cluster T, Dubai

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Strengths

Prime Location

Modern Amenities

Sustainable Design

Weakens

High Maintenance Fees

Limited Parking Spaces

Noise Levels

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Buildign Overview

Summary

  • Red Diamond is a contemporary residential tower located in the vibrant Jumeirah Lake Towers (JLT) community.
  • The building features proximity to various amenities including retail shops, dining options, and recreational facilities.
  • JLT is well-known for its stunning lakes, parks, and the essential services available, making it conducive for professionals and families alike.
  • Compared to other buildings in Jumeirah Lake Towers, Red Diamond stands out due to its unique architectural design and upscale finishes.

Properties Overview

  • The building offers a mix of luxury apartments for both sale and rent, catering to diverse preferences and budgets.
  • Popular units include spacious 1-bedroom and 2-bedroom apartments that are favored for their views and amenities.
  • Rental prices for a 1-bedroom apartment generally range between AED 60,000 to AED 80,000 per annum, while sales prices can start from AED 1.2 million.

Market Trends

  • Jumeirah Lake Towers has experienced steady growth in both rental and sales markets over the past year, demonstrating resilience post-pandemic.
  • Current market data suggests an average rental yield of around 7%, making it attractive for investors.
  • Expectations for the future indicate continued interest and potentially rising property values as infrastructure develops around the area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have easy access to numerous supermarkets, schools, and healthcare facilities including clinics and pharmacies.
  • Notable institutions in the vicinity include Emirates International School and the American School of Dubai.

Transportation and Accessibility

  • The building boasts excellent connectivity through the Dubai Metro, with the Jumeirah Lakes Towers station within walking distance.
  • Accessibility to main highways such as Sheikh Zayed Road ensures smooth travel into and out of the city.

Lifestyle Amenities

  • Red Diamond features various lifestyle amenities including a swimming pool, gyms, and landscaped gardens.
  • Numerous dining options, cafes, and entertainment facilities are located nearby, providing an upscale lifestyle for residents.

Builing Facilities

  • The building is equipped with high-speed elevators, 24-hour security, and advanced central air conditioning.
  • Maintenance services ensure that the property is well-kept and that any issues are resolved promptly.

Special Services

  • Concierge services are available to assist residents with various requests, enhancing living comfort.
  • Additional amenities such as a business center and guest services contribute to a residential experience that emphasizes convenience and luxury.

Planning Your Move or Investment

Floor Plans and Property Types

  • Red Diamond offers a diverse range of floor plans, including studio, 1-bedroom, and 2-bedroom layouts to accommodate different lifestyles.
  • Flexible living spaces designed to maximize natural light and views are a hallmark of the building's interiors.

Things to Consider

  • Potential residents should consider proximity to work, amenities, and community when choosing a unit.
  • Investors should assess ROI potential based on current market trends and the building's amenities.

Useful FAQs and Support

Events and Building Life

Building Events

  • Red Diamond hosts regular community events and social gatherings, fostering neighborly connections and community spirit.
  • Seasonal celebrations and recreational activities are encouraged within the building to promote an active lifestyle among residents.

Community Identity

  • The unique architectural features and community-oriented ambiance of Red Diamond contribute to its identity as a luxury residential choice in JLT.
  • Cultural events and recreational spaces create a lively and engaging environment that resonates with both residents and visitors.

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Detailed Buiding Insights

1. Family Friendliness

The community features various family-oriented amenities such as parks, playgrounds, and family-friendly events throughout the year, making it an ideal place for families.

Exceptionally Welcoming

2. Living Options

Red Diamond offers a range of living options from studio apartments to spacious multi-bedroom units, catering to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

With 24/7 security and surveillance, residents feel secure, greatly contributing to the overall peace of mind for families and individuals alike.

Remarkably Secure

4. Transportation

While public transportation options are available, they can be somewhat limited. Most residents prefer using personal vehicles or rideshare services for ease of access.

Moderately Convenient

5. Amenities And Facilities

The community includes pools, gyms, and retail areas, providing residents with a comprehensive suite of amenities that enhance the living experience.

Richly Equipped

6. Cost Of Living

Costs for living are competitive given the high-quality amenities and services, making it accessible while still offering a premium lifestyle.

Relatively Balanced

7. Things To Do

There are numerous recreational options nearby, including cafes, restaurants, and recreational activities by the lake, ensuring a lively environment for residents.

Vibrantly Diverse

8. Noise Levels

Despite being in a busy area, Red Diamond is designed to minimize noise, creating a peaceful atmosphere for its residents.

Generally Peaceful

9. Pet Friendliness

The community is pet-friendly with designated dog parks and walking areas, making it suitable for pet owners looking for a supportive environment.

Warmly Accommodating

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Key Information

Building Type: commercial 

Building Age: 13 years(completed in 2011)

Unit Types : offices

Floors: four floors

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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