The Diamond in Dubai Sports City - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for completed properties in The Diamond
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
Studio
56
10,407
585,000
1
73
10,334
750,000
Rents in The Diamond
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
Studio
68
912
62,000
1
68
897
61,000
2
99
808
80,000
The cap rate (rental yield) of investments into The Diamond project is 8.4% on average.
The price of an apartment in The Diamond is 10,355 AED/sqm on average.
The long term rent of an apartment in The Diamond is 871 AED/sqm/year on average.
Price for completed Studio apartment in The Diamond is 585,000 AED or 10,407 AED/sqm. Price for completed 1 bedroom apartment in The Diamond is 750,000 AED or 10,334 AED/sqm.
Rent for Studio apartment in The Diamond is 62,000 AED or 912 AED/sqm. Rent for 1 bedroom apartment in The Diamond is 61,000 AED or 897 AED/sqm. Rent for 2 bedroom apartment in The Diamond is 80,000 AED or 808 AED/sqm.
About The Diamond
'The Diamond' in 'Dubai Sports City' area project description
The Diamond project is a major development in Dubai, United Arab Emirates. It is a residential and commercial complex located in the heart of the city. The project consists of two towers, the Diamond Tower and the Diamond Tower II, both of which are set to become iconic landmarks in the city.
The Diamond Tower is a 45-storey building with a height of 200 meters and a total area of 1.2 million square feet. It features a luxurious design with a glass façade and a modern interior. The tower is home to a variety of residential units, ranging from one-bedroom apartments to four-bedroom penthouses. The building also features a range of amenities, such as a gym, a swimming pool, a spa, and a business center.
The Diamond Tower II is a 40-storey building with a height of 180 meters and a total area of 1 million square feet. It features a contemporary design with a glass façade and a modern interior. The tower is home to a variety of residential units, ranging from one-bedroom apartments to four-bedroom penthouses. The building also features a range of amenities, such as a gym, a swimming pool, a spa, and a business center.
The Diamond project also includes a retail center, which is located in the basement of the Diamond Tower. The retail center features a variety of stores, restaurants, and cafes. The project also includes a hotel, which is located in the Diamond Tower II. The hotel features a range of luxurious amenities, such as a spa, a gym, and a swimming pool.
The Diamond project is a major development in Dubai and is set to become one of the city’s most iconic landmarks. The project features two towers with luxurious designs and a range of amenities, as well as a retail center and a hotel. The project is set to be completed in 2021 and will be a major addition to the city’s skyline.
Q&A on The Diamond
What are the advantages of 'The Diamond' project in Dubai for property buyers? What are the disadvantages?
1. Prime Location: The Diamond project is located in the heart of Dubai, providing easy access to the city’s major attractions, shopping malls, and business hubs.
2. Luxury Amenities: The Diamond project offers luxurious amenities such as a private beach, swimming pools, gyms, and spas.
3. Affordable Prices: The Diamond project offers affordable prices for real estate buyers, making it an attractive option for those looking to invest in Dubai’s real estate market.
4. High Returns: The Diamond project offers high returns on investment, making it a great option for those looking to make a profit from their real estate investments.
5. Security: The Diamond project offers a secure environment for its residents, with 24-hour security and CCTV surveillance.