Marina Diamond 3, Dubai Marina: A Comprehensive Guide

Overview of Marina Diamond 3

Marina Diamond 3 is a residential tower located in Dubai Marina, one of the most sought-after neighborhoods in Dubai. The building was completed in 2007 by Diamond Developers and offers a range of apartments that cater to different family sizes and budgets.

Location and Accessibility

Marina Diamond 3 is an excellent location with convenient access to Dubai’s most fantastic attractions. And amenities. The tower is located on Al Marsa Street, just a 2-minute drive from Sheikh Zayed Road, one of Dubai’s major highways. This makes it easy for residents to commute to other parts of the city, including the Dubai International Airport.

In addition, Marina Diamond 3 is just a short walk from the Sobha Realty Metro Station, offering easy access to other areas of Dubai via the Dubai Metro.

Historical Context

Dubai Marina is a relatively new neighborhood developed in the early 2000s. Marina Diamond 3 was completed in 2007, making it one of the older buildings in the area. However, the tower has been well-maintained and renovated over the years, ensuring that it remains a popular choice for residents looking for a comfortable and convenient place to live.

Some key features of Marina Diamond 3 include:

• A range of apartment sizes, including studios, 1-bedroom, 2-bedroom, and 3-bedroom units
• En-suite bathrooms with built-in wardrobes and spacious living rooms
• Easily accessible public transportation, including the Dubai Metro.
• Proximity to many of Dubai’s top attractions, including the Dubai Marina Mall, Jumeirah Beach Residence, and the Dubai Eye observation wheel.

Overall, Marina Diamond 3 is an excellent choice for anyone looking for a comfortable and convenient place to live in Dubai Marina.

Property Details

Building Specifications

Marina Diamond 3 is a residential tower in the famous Dubai Marina area. The tower offers a range of apartments, from studio to 2-bedroom apartments, with various layouts. The tower has 15 floors and 172 residential and commercial units.

The building is designed to offer residents a comfortable and convenient living experience. It has a sleek and stylish design with high-quality finishing. And fittings. The tower also has a range of amenities and facilities intended to improve people’s living conditions.

Apartment Types and Layouts

Marina Diamond 3 offers a range of apartments to suit different needs and preferences. The apartments come in various sizes and layouts, with options for studio, 1-bedroom apartments, and 2-bedroom apartments. The apartments are designed to be spacious and comfortable, with high-quality finishes and fittings throughout.

The apartments also feature balconies, which offer residents stunning views of the Dubai Marina area. The balconies are perfect for relaxing and enjoying the beautiful views of the surrounding area.

Amenities and Facilities

Marina Diamond 3 offers various amenities and facilities to enhance residents’ living experience. Some of the essential amenities and facilities include:

• 24-hour security
• Covered parking
• Swimming pool
• Gym
• Sauna
• Steam room
• Children’s play area

Residents can easily access several stores, restaurants, and other facilities in the surrounding area. The tower is conveniently located close to the Dubai Marina Mall, which has a variety of shopping and dining options.

Overall, Marina Diamond 3 is an excellent choice for anyone looking for a comfortable and convenient living experience in the heart of Dubai Marina.

Amenities and Lifestyle

Marina Diamond 3 offers an array of amenities and lifestyle options that cater to its residents’ needs. The following subsections highlight some features that make living in Marina Diamond 3 a comfortable and enjoyable experience.

Fitness and Recreation

Marina Diamond 3 has a fully-equipped gymnasium that enables residents to continue their fitness programs without leaving the building. The gymnasium provides a range of exercise equipment, including treadmills, elliptical trainers, and weight machines. A sauna is also available for residents to relax and unwind after a workout.

The building also has a swimming pool that offers a pleasant retreat from the heat of Dubai. Residents can dip in the pool, lounge on the deck, and soak up some sun.

Convenience and Services

Marina Diamond 3 offers convenient services that make day-to-day living easier. The building has a 24-hour concierge service that can assist residents with various tasks, such as booking taxis, arranging laundry services, and accepting deliveries.

The building has CCTV cameras installed throughout the property, and security personnel are on duty 24/7.

Outdoor Spaces

Marina Diamond 3 has beautifully landscaped gardens that offer a peaceful respite from the rush and bustle of metropolitan life. The gardens are ideal for residents to relax and enjoy the fresh air.

A barbecue area is also available for residents to organize outdoor events for family and friends.

In conclusion, Marina Diamond 3 offers Numerous activities and lifestyle alternatives that cater to the needs of its residents. From fitness and recreation facilities to convenient services and outdoor spaces, Marina Diamond 3 provides a comfortable and enjoyable living experience.

Investment Insights

Market Trends and ROI

Marina Diamond 3 is a freehold residential tower developed by Diamond Investments LLC in Dubai Marina. The tower offers studio, 1, 2, and 3-bedroom flats and is conveniently located in a prime area of Dubai. According to recent market trends, the prices of properties in Dubai Marina have been stable, with a slight increase in the rental rates. This is good news for investors looking for a stable investment opportunity in Dubai.

The average rental yield for properties in Dubai Marina is around 5-7%, which is considered a good return on investment. The ROI for Marina Diamond 3 is also impressive, with an average of 7-8%. This means that investors can expect a good return on their investment in the long run.

Ownership and Legalities

Dubai offers a freehold ownership system, meaning foreign investors can own property in Dubai without needing a local sponsor. This makes it easier for investors to invest in Dubai’s real estate market. The ownership of properties in Marina Diamond 3 is also freehold, which means that investors can own their property outright and enjoy the benefits of ownership.

Regarding legalities, investors should know the legal requirements for owning a property in Dubai. This includes obtaining a residency visa and registering the property with the Dubai Land Department. Ensuring all legal documentation is in order and the property is registered with the appropriate authorities. is also essential.

Investors should also know the developer’s reputation before investing in a property. Diamond Investments LLC is a reputable developer with a record of outstanding projects. Dubai. This gives investors peace of mind, knowing they are investing in a property developed by a reliable and trustworthy developer.

• The Freehold ownership system makes it easier for foreign investors to own property in Dubai.
• Marina Diamond 3 offers freehold ownership.
• Legal requirements include obtaining a residency visa and registering the property with the Dubai Land Department.
• Diamond Investments LLC is a reputable developer with a good track record.

Living in Dubai Marina

Dubai Marina is a waterfront development situated in the middle of Dubai. It is one of the most sought-after residential areas in the city, offering residents a luxurious Lifestyle with breathtaking views of the marina and the sea. The community has several high-rise residential buildings, commercial spaces, and various dining, shopping, and entertainment options.

Community and Neighborhood

Dubai Marina is a vibrant and multicultural community that meets the demands of both residents and visitors. The neighborhood is well-connected with several transportation options, including the Dubai Metro, tram, and buses. It is also home to several parks and green spaces, which make it perfect for families with children.

Some famous residential buildings in Dubai Marina include the Marina Diamond 3, which offers spacious apartments with modern amenities. The building is located on Al Marsa Street, a 2-minute drive from the main thoroughfare of Dubai, Sheikh Zayed Road.

Nearby Attractions and Landmarks

Dubai Marina has several attractions and landmarks, Which makes it a popular tourist and residential destination. Some of the nearby attractions include:

• Dubai Marina Walk: A 7 km long pedestrian walkway offers stunning views of the marina and the sea. It is home to several restaurants, cafes, and shops.
• Marina Beach: Marina Beach is a famous beach in Dubai that allows residents and Visitors to unwind and enjoy the sun. Beach, and sea.
• Marina Mall: Located at the heart of Dubai Marina, this shopping complex offers a wide range of shopping, dining, and entertainment options.
• JBR: It is a beachfront residential and commercial community that provides inhabitants with a luxurious lifestyle. Stunning sea views.
• Skydive Dubai: It is a popular attraction in Dubai Marina that offers visitors a chance to experience a thrilling skydiving adventure.
• Palm Jumeirah: It is an artificial island off the coast of Dubai that offers residents a luxurious lifestyle with stunning sea views.

Dubai Marina offers residents a luxurious lifestyle with stunning views of the marina and the sea. It is a vibrant and cosmopolitan community That meets the demands of both residents and visitors.

Transportation and Connectivity

Marina Diamond 3 is a well-connected residential complex in Dubai Marina, where inhabitants can access various transportation options conveniently. Here are some transportation and connectivity options available to residents of Marina Diamond 3.

Public Transport Options

Marina Diamond 3 is located near multiple bus and metro stations, making it convenient for locals to travel around Dubai. The nearest bus station is the Dubai Marina Mall Bus Station, just a few minutes walk from the complex. The nearest metro station is the Dubai Marina Metro Station, also within walking distance. The Dubai Tram also serves the area, with the nearest station being the Dubai Marina Tram Station.

Proximity to Key Locations

Marina Diamond 3 is in Dubai Marina, a prime location in Dubai. It is close to several key locations, including:

• Dubai Marina Mall: The mall is just a short walk from Marina Diamond 3 and offers residents various shopping and dining options.
• Jumeirah Beach Residence (JBR): JBR is a popular beachfront destination in Dubai, with a wide range of restaurants, cafes, and shops. It is just a few minutes’ drive from Marina Diamond 3.
• Al Maktoum International Airport: The airport is about 30 30-minute drive from Marina Diamond 3, making it convenient for residents who travel frequently.

With its excellent position and simple access to public transportation, Marina Diamond 3 is an ideal residential complex for those who want to live in the heart of Dubai.

Residential Considerations

Marina Diamond 3 is a residential building located in Dubai Marina. It offers a range of amenities and facilities, making it an ideal place to live. This section will discuss some of the residential considerations that potential tenants or buyers should consider.

Facility Management

Marina Diamond 3 has a dedicated team of facility managers responsible for maintaining the building and its facilities. They ensure that the building is clean, safe, and well-maintained. The facility management team is available 24/7 to address residents’ issues.

Parking and Storage

The building has ample parking space for residents and visitors. A storage area is also available for residents who need extra space to store their belongings. The parking and storage areas are secure and well-maintained.

Pet Policies

Marina Diamond 3 has a pet-friendly policy allows residents to keep pets in their apartments. However, some restrictions on the size and breed of pets are allowed. Residents must check with the building management before bringing a pet into their apartment.

Here are some other residential considerations to keep in mind:

• Facilities: Marina Diamond 3 offers a range of facilities, including a gym, swimming pool, sauna, steam room, and more.
• Amenities: The building is close to various amenities, such as supermarkets, restaurants, and cafes.
• Supermarket: A supermarket is within walking distance of the building, making it easy for residents to buy groceries.
• Parking: The building has ample parking space for residents and visitors.
• Elevators: The building has several elevators, making it easy for residents to move around.
• Pets: Marina Diamond 3 has a pet-friendly policy that allows residents to keep pets in their apartments.
• Maintenance Services: The building has dedicated maintenance personnel who are responsible for ensuring the building is clean and well-maintained.

Buying and Renting

Property Listings and Offers

Marina Diamond 3 is a great place to live for those who want to experience the luxury of Dubai Marina. The area is home to various properties, including apartments and villas, all available for rent or purchase. Property listings and offers, including Property Finder and Bayut, can be found online.

When renting a property in Marina Diamond 3, tenants have several options. Properties can be rented short-term or long-term; tenants can choose from furnished, semi-furnished, or fully furnished apartments. Some listings also include bills in the rental price, which can be a convenient option for those who want to avoid additional expenses.

Several options are also available for those interested in buying property in Marina Diamond 3. Properties can be purchased directly from owners or through real estate agents. Buyers should engage with a reputable real estate agent. Ensure a smooth and hassle-free buying process.

Financial Considerations

There are several financial considerations when considering buying or renting a property in Marina Diamond 3. The cost of living in Dubai can be high, and it is important to budget accordingly. Rent prices can vary depending on the size and type of property and its location within Marina Diamond 3.

For those interested in buying property, it is essential to factor in additional costs such as property taxes, maintenance fees, and other expenses. It is recommended that buyers work with a financial advisor to ensure they are making a sound investment.

Overall, Marina Diamond 3 offers a variety of options for those interested in buying or renting property in Dubai Marina. Its prestigious position and exquisite amenities make it a great place to call home.

• Renting Property
  • Short-term and long-term options available
  • Furnished, semi-furnished, and fully furnished apartments available
  • Some listings include bills in the rental price.
• Buying Property
  • Properties can be purchased directly from owners or through real estate agents.
  • Work with a reputable real estate agent for a smooth buying process.
• Financial Considerations
  • The cost of living in Dubai can be high.
  • Rent prices vary depending on property size, type, and location.
  • Additional costs for property taxes, maintenance fees, and other expenses
  • Work with a financial advisor for a sound investment.

Frequently Asked Questions

What are the amenities offered in Marina Diamond 3?

Marina Diamond 3 is a residential complex in Dubai Marina that offers a range of amenities to its residents. Some of the amenities include:

• Fully equipped gym
• Swimming pool
• Sauna and steam room facilities
• 24-hour security
• Covered parking

How does Marina Diamond 3 compare to other Marina Diamond properties?

Marina Diamond 3 is one of six mid-rise buildings in the Marina Diamonds complex. Compared to other Marina Diamond properties, Marina Diamond 3 offers a range of amenities and is located in a prime area of Dubai Marina. The complex is well-maintained and is known for its high-quality finishes.

What is the average rental price for an apartment in Marina Diamond 3?

The average rental price for an apartment in Marina Diamond 3 varies depending on the size and type of apartment. However, as of March 2024, the average rental price for a one-bedroom apartment in Marina Diamond 3 is AED 60,000 per year.

Are there any communal facilities available for residents of Marina Diamond 3?

Yes, Marina Diamond 3 offers its residents a range of communal facilities. Some communal facilities include a fully equipped gym, swimming pool, sauna and steam room facilities, and covered parking.

How close is Marina Diamond 3 to key attractions in Dubai Marina?

Marina Diamond 3 is located in the heart of Dubai Marina and is within walking distance of many key attractions. The complex is near the DAMAC Properties Metro Station, Dubai Marina Mall, Jumeirah Beach Residence, and Dubai Marina Yacht Club.

What public transportation options are available near Marina Diamond 3?

• Marina Diamond 3 is conveniently located near the DAMAC Properties Metro Station, which provides easy access to the rest of Dubai. In addition, there are several bus stops located near the complex, which provide easy access to other parts of Dubai. Taxis are also readily available in the area.

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