Marina Diamond 4

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Key Details

Type
Apartments

Overview

The modern high-rise project Marina Diamond 4 is part of a large-scale residential complex consisting of six towers. The project was jointly developed by Diamond Developers and Alajmi Engineering Consultants.

Those wishing to buy or rent a residential property in the complex will have a choice of 1, 2 and 3 bedrooms apartments.

The 1-bedroom apartments range in size from 677 sq. ft to 847 sq. ft (207 sq. m to 259 sq. m). These apartments are offered in seven different layouts, allowing potential buyers to choose the most comfortable and functional option depending on their own personal use. The master bedroom has its own bathroom and balcony, and some apartments have two balconies and a bathroom. The remaining space includes a spacious living room with a dining area and a fully equipped open plan kitchen. The prices of properties are available from AED 650,000 to AED 1,000,000 (USD 177,000 to 273,000).

The 2 and 3-bedroom apartments range in size from 1,000 sq. ft to 2,035 sq. ft (305sq. m to 621 sq. m). The layout includes multiple bathrooms, a laundry room and other special purpose rooms, as well as a terrace. Pricing for 2 and 3-bedroom units start at AED 800,000 (USD 218,000) and can go as high as AED 1,500,000 (USD 409,000).

The acquisition of apartments in Marina Diamond 4 for the subsequent lease is a profitable investment as the average return on a 1-bedroom apartment is 7.4%. The average return on investment for a 2-bedroom apartment can be as much as 9.1%.

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