The Diamond Tower, Dubai Sports City

Dubai Sports City, Dubai

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Strengths

Strategic Location

Modern Design

Amenities

Weakens

High Competition

Accessibility Issues

Noise Levels

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Strengths

Strategic Location

The tower is situated in the heart of Dubai Sports City, providing easy access to sports facilities and major highways.

Modern Design

Features contemporary architecture and luxurious finishes that appeal to residents and investors alike.

Amenities

Offers a range of high-end amenities including a swimming pool, fitness center, and community areas.

Weaknesses

High Competition

The area has numerous similar developments, which can affect occupancy rates.

Accessibility Issues

Public transportation options are limited, which may pose a challenge for residents without private vehicles.

Noise Levels

Proximity to sports venues can lead to increased noise during events.

Considerations

Future Development

Potential for property value increase with upcoming infrastructure and amenities planned in the surrounding areas.

Community Environment

Living in a sports-centric community may appeal more to active individuals and families.

Investment Potential

Given Dubai's growing real estate market, investing in this tower could be lucrative.

Buildign Overview

Summary

The Diamond Tower is an iconic building located in the thriving Dubai Sports City, known for its modern architecture and luxury finishes.
Surrounded by lush green landscapes, this tower offers a unique blend of urban living and serene environments.
Nearby, residents can enjoy access to a range of sports facilities, parks, and recreational attractions, making it an ideal choice for sports enthusiasts.
Public transportation options are conveniently available, with easy access to major highways and metro stations.

Properties Overview

The Diamond Tower features a diverse selection of residential units, including spacious one, two, and three-bedroom apartments.
Popular units within the building boast stunning views of the sports and lifestyle district.
Recent rental prices for one-bedroom apartments start at approximately AED 45,000 per year, while sales prices for two-bedroom units are around AED 1 million.

Market Trends

The real estate market in Dubai Sports City has seen a positive upward trend, with rental prices experiencing a steady rise of approximately 5% over the past year.
Properties in The Diamond Tower have demonstrated strong demand, with average ROI figures ranging from 6% to 8%.
Expectations for the future include continued growth driven by the ongoing development of the surrounding infrastructure and amenities.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents have access to several nearby supermarkets, schools, and healthcare facilities.
Prominent educational institutions include Brighton College and Victory Heights Primary School.
Local healthcare options comprise hospitals and clinics, ensuring essential services are within reach.

Transportation and Accessibility

The building is well-connected through public transportation, including buses and the Dubai Metro.
Ample parking facilities are available for residents and guests, providing added convenience for vehicle owners.
Accessibility to prominent areas of Dubai is straightforward, making commuting hassle-free.

Lifestyle Amenities

The Diamond Tower offers a range of lifestyle amenities, including a well-equipped gym, swimming pool, and leisure areas.
Nearby dining options feature a selection of local and international restaurants.
Residents can enjoy various outdoor activities, parks, and organized sports events in the vicinity.

Builing Facilities

The tower is equipped with high-speed elevators, a dedicated security team, and central air conditioning systems.
Robust maintenance services ensure the building's facilities remain in optimal condition.

Special Services

Additional services such as concierge assistance and guest management enhance the living experience.
Business centers and meeting rooms cater to residents needing work-related facilities within the building.

Planning Your Move or Investment

Floor Plans and Property Types

The Diamond Tower provides a variety of thoughtfully designed floor plans catering to different lifestyles and preferences.
Options range from compact, stylish units for singles to spacious family apartments.

Things to Consider

Potential tenants and buyers should consider factors such as proximity to amenities, community lifestyle, and investment potential before finalizing their decision.
It is advisable to assess the overall market trend and property appreciation rates.

Useful FAQs and Support

Events and Building Life

Building Events

The Diamond Tower hosts regular social events and community gatherings, fostering a sense of belonging among residents.
Seasonal festivities and holiday celebrations are also organized within the building.

Community Identity

The Diamond Tower stands out for its contemporary design and vibrant community atmosphere.
It reflects modern living intertwined with sporting life due to its proximity to major sports venues.

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Detailed Buiding Insights

1. Family Friendliness

The Diamond Tower is designed with families in mind, offering spacious living spaces, children's play areas, and proximity to schools and parks, making it a great choice for families.

Exceptionally Welcoming

2. Living Options

The tower features a range of apartments from one to three-bedroom units, catering to various family sizes and lifestyles, which contributes to a diverse living environment.

Broadly Diverse

3. Safety And Security

The community is well-equipped with 24/7 security, surveillance systems, and gated access to ensure the safety of all residents, creating a secure living environment.

Remarkably Secure

4. Transportation

While the community has decent access to public transportation and major roads, some residents may find reliance on personal vehicles beneficial for smoother accessibility.

Moderately Convenient

5. Amenities And Facilities

The building offers a wide array of amenities including swimming pools, gym facilities, and recreational areas, promoting an active lifestyle for residents.

Richly Equipped

6. Cost Of Living

The cost of living in The Diamond Tower aligns well with the amenities and location, providing good value while remaining moderate compared to other luxury residential options in Dubai.

Relatively Balanced

7. Things To Do

Residents enjoy access to various entertainment options such as sports venues, shopping, and dining experiences within Dubai Sports City, offering a lively recreational atmosphere.

Vibrantly Diverse

8. Noise Levels

The location of the tower is away from busy thoroughfares, allowing for a relatively quiet living experience, though some noise can be expected during events at nearby sports venues.

Generally Peaceful

9. Pet Friendliness

The community is generally pet-friendly, with several parks and open spaces nearby, making it suitable for residents with pets, although some restrictions may apply.

Warmly Accommodating

Schools

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Key Information

Developer: The First Group

Building Type: Residential

Building Age: 15 years(completed in 2009)

Length: 128 units

Unit Types : Studio, 1 and 2-bedroom apartments

Floors: 14

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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