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YOUR GUIDE TO SMARTER, HIGHER-EARNING PROPERTY MANAGEMENT

Building Guide · Dubai Marina

Marina Diamond 1, Dubai Marina

Marina Diamond 1 is a 15-storey freehold tower in Dubai Marina with studio, one and two-bedroom apartments across two blocks. Dubai Marina one-bedroom apartments average AED 600 a night at 88% occupancy, grossing around AED 16,400 a month and netting roughly AED 13,900 a month after Royale Stays' from 15% management fee.

Floors

15

Developer

Diamond Investments LLC

Completed

2006

Units

194 apartments

Area

Dubai Marina

Aerial view of Dubai Marina and JBR waterfront skyline near Marina Diamond 1

About Marina Diamond 1

Marina Diamond 1 is a 15-storey residential tower on the Dubai Marina waterfront, one of six towers in the Marina Diamond complex developed by Diamond Investments LLC. Construction began in 2004 and finished in 2006, delivering 194 apartments across two blocks: studios from 363 to 450 sq ft, one-bedroom units from around 750 sq ft, and two-bedroom units from 900 to 1,100 sq ft. Residents have a fully equipped gym, two swimming pools, a sauna and steam room, and round-the-clock security, with the building 100% freehold and a residency permit available to owners.

Worth flagging for anyone cross-referencing a portal listing: 'Marina Diamond' on its own usually refers to the wider six-tower complex (Marina Diamond 1 through 6), not this specific building. Royale Stays also covers that wider complex separately in a general Marina Diamonds guide, while this page covers Marina Diamond 1 specifically, with its own developer, unit count and size data. Marina Diamond 3, a sibling tower roughly 0.3 km away in the same complex, is a different, separately numbered building with its own Royale Stays guide.


Location & Nearby Landmarks

Marina Diamond 1 sits within the Marina Diamond complex on the Dubai Marina waterfront, a short walk from Jumeirah Beach Residence (JBR) and close to Jumeirah Lakes Towers. Royale Stays actively manages Airbnb properties across Dubai Marina, and owners here are covered under the same Dubai Marina Airbnb management service used across the rest of the community.

For comparison, 52|42 Towers sits nearby on Park Island, an inland pocket of Dubai Marina roughly 0.4 km from Marina Diamond 1, and gives a useful reference point for how a slightly different Marina location affects rental positioning. The wider six-tower complex Marina Diamond 1 belongs to is covered separately in Royale Stays' Marina Diamonds guide.


Unit Types

Marina Diamond 1's two blocks hold three configurations. Studios run 363 to 450 sq ft with a fully equipped kitchen and a balcony. One-bedroom apartments start around 750 sq ft with built-in wardrobes and a separate living and dining area. Two-bedroom apartments span 900 to 1,100 sq ft with a larger kitchen and balcony. There is no three- or four-bedroom configuration in the building.


Amenities

Residents have access to a fully equipped gym, two swimming pools, a sauna and steam room, and 24-hour security, spread across the tower's two blocks.


Transportation & Access

Marina Diamond 1 is a short walk from Jumeirah Beach Residence and within easy reach of Jumeirah Lakes Towers, with the rest of Dubai Marina, its metro stations and the wider Marina Walk promenade all accessible on foot or a short drive from the building.


Across Royale Stays managed Dubai Marina apartments, the blended rate runs AED 921 a night at 88% 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 1's compact studio, one and two-bedroom mix sits at the efficient end of that range, the profile that tends to draw solo travellers and couples looking for a well-located, lower-cost base in Dubai Marina. No Marina Diamond 1-specific or studio-specific budget file exists in Royale Stays' managed portfolio data as of this build, so the figures above are Dubai Marina area-blended, not exclusive to this tower.


Airbnb / Short-Term Rental Income Potential

Short-term letting anywhere in Dubai, including at Marina Diamond 1, needs a valid DTCM holiday-home permit before taking bookings, alongside professional photography, dynamic pricing, round-the-clock guest communication, housekeeping between stays, and owners-association coordination.

Royale Stays runs the full operation for owners here for a fee starting from 15%, including permit submission for overseas owners, covering furnishing, photography, pricing, check-in and guest communications, with a single monthly statement covering revenue, fee, costs and net transfer.

Marina Diamond 1 pairs a Dubai Marina address with compact, efficiently laid-out apartments that suit short-term rental demand year round. To see what a Marina Diamond 1 apartment can earn, get a free earnings estimate and get started today.

Income context reviewed by Chris Veinbaums, DTCM-licensed operator.



Questions

Frequently Asked Questions

Dubai Marina apartments average AED 921 a night at 88% occupancy. A two-bedroom at Marina Diamond 1 grosses around AED 20,712 a month and a one-bedroom around AED 16,406 a month, based on Dubai Marina area-blended performance data.
Marina Diamond is a six-tower development, Marina Diamond 1 through 6, built by Diamond Investments LLC between 2004 and 2006. Marina Diamond 1 itself is a 15-storey tower with 194 apartments across two blocks.
Yes. Every Dubai short-term rental needs a valid DTCM holiday-home permit. A management company can submit the application on the owner's behalf, including for owners based overseas.
Marina Diamond 1 offers studios from 363 to 450 sq ft, one-bedroom apartments from around 750 sq ft, and two-bedroom apartments from 900 to 1,100 sq ft. There are no three- or four-bedroom units in the tower.
Yes. Royale Stays manages Dubai Marina apartments remotely for owners based overseas, covering the DTCM permit, guest operations, housekeeping and maintenance, with monthly income transferred to the owner.