Marina Diamond 5, Dubai Marina
Marina Diamond 5 is a 20-storey freehold apartment tower in the Marina Diamonds complex on the Dubai Marina waterfront, developed by Diamond Investments LLC and completed in 2008. Royale Stays manages Dubai Marina short-term rentals from a fee starting from 15%.
Developer
Diamond Investments LLC
Storeys
20
Completed
January 2008
Units
1-2BR
About Marina Diamond 5
Marina Diamond 5 is one of six numbered towers making up the Marina Diamond complex on the Dubai Marina waterfront. For an overview of the wider complex, see Royale Stays' Marina Diamonds Dubai Marina Airbnb income guide. Royale Stays also manages units in sibling towers Marina Diamond 1, Marina Diamond 2 and Marina Diamond 3, each a separate freehold building within the same complex; this guide covers Marina Diamond 5 specifically.
Developed by Diamond Investments LLC, construction on the 20-storey tower began in 2005 and completed in January 2008. Marina Diamond 5 offers a mix of one- and two-bedroom apartments, sized from roughly 700 to 850 square feet, with freehold ownership open to non-UAE nationals.
Location & Nearby Landmarks
Marina Diamond 5 sits on the Dubai Marina waterfront, about 500 metres from Marina Walk and its restaurants, cafes and tram line, with The Walk at JBR around 1.1 km away and quick access to Sheikh Zayed Road for the rest of the city. For a wider view of the area's short-term rental market, see Royale Stays' Airbnb management guide for Dubai Marina.
Marina Diamond 5 is joined in Royale Stays' Dubai Marina Building Guide cluster by Marina Diamond 1, Marina Diamond 2 and Marina Diamond 3.
Unit Types
Marina Diamond 5 comprises one- and two-bedroom apartments, with no studio units in the mix. One-bedroom units run roughly 700 to 850 square feet with a master bedroom, en-suite bathroom, open-plan kitchen, living/dining area and a balcony. Two-bedroom units follow the same layout logic at a larger footprint, suited to small families or sharers wanting a Marina-facing base.
Amenities
Residents have access to two swimming pools (one for adults, one for children), a gymnasium, sauna and steam rooms, a children's playground, landscaped grounds, and reserved parking. A pharmacy and restaurant sit within the building's ground-floor retail.
Transportation & Access
Marina Diamond 5 is a short walk from the Dubai Marina tram line and within easy reach of the DMCC and Sobha Realty Metro stations via a short tram or taxi connection. Dubai International Airport is roughly 26 minutes by car, and Al Maktoum International Airport around 35 minutes.
Rental & Price Trends
Across Royale Stays' managed Dubai Marina apartments, the blended rate runs AED 921 a night at 88 percent occupancy. By unit type, a one-bedroom averages AED 600 a night for about AED 16,406 a month, and a two-bedroom AED 755 a night for roughly AED 20,712 a month. Marina Diamond 5's one- and two-bedroom mix sits within that range. These figures are Dubai Marina area-blended, not exclusive to this tower. Owners weighing a specific unit's numbers can run their own scenario through Royale Stays' Dubai property ROI calculator.
Airbnb / Short-Term Rental Income Potential
Dubai Marina is one of Dubai's best-performing short-term rental areas, and Marina Diamond 5's freehold status puts it within the kind of property Royale Stays' Airbnb management services are built for.
Because Marina Diamond 5 is a standard freehold residential building rather than a hotel-branded property, holiday-home permitting follows the normal Dubai Department of Economy and Tourism route, the same as every other freehold Dubai Marina building. Royale Stays handles furnishing, photography, dynamic pricing, guest communications, check-in and maintenance coordination, all from a management fee starting from 15%.
Rental figures above are Royale Stays' own Dubai Marina area-blended portfolio data, not exclusive to Marina Diamond 5.
Questions