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Tiara Diamond, Palm Jumeirah

Tiara Diamond, Palm Jumeirah

4.22/5
(Based on 0 building reviews)
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Overall Niche Grade

4.22 / 5

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Strengths

Stunning Sea Views

Luxurious Amenities

Prime Location

Weakens

High Maintenance Fees

Limited Public Transportation

Crowded during Peak Seasons

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Description

Tiara Diamond, Palm Jumeirah

Real Estate Overview

Building Overview

  • Tiara Diamond is an exquisite residential tower located on the iconic Palm Jumeirah, one of Dubai's most prestigious addresses.
  • The building features stunning views of the Arabian Gulf and offers residents easy access to a range of amenities.
  • Surrounding the property are luxury hotels, fine dining options, and high-end retail stores, enhancing the vibrant lifestyle of the area.
  • Comparably, Tiara Diamond stands out against neighboring developments due to its spacious units and luxurious finishes.

Properties Overview

  • The building offers a mix of one to three-bedroom apartments and penthouses, catering to both renters and buyers.
  • Rental prices range approximately from AED 100,000 to AED 250,000 annually, while sales prices for units can reach up to AED 5 million.
  • The three-bedroom units are particularly sought after due to their expansive layouts and breathtaking sea views.

Market Trends

  • In the past year, the rental market for Tiara Diamond has seen a steady increase in demand, reflecting a broader trend across Palm Jumeirah.
  • Sales trends indicate a stable appreciation in property values, with an average ROI of around 7-8%, making it favorable for investors.
  • Future expectations suggest continued growth in property demand, supported by ongoing infrastructural developments in the area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to various supermarkets, including Carrefour and Spinneys, as well as nearby educational institutions like Kings' School.
  • Healthcare facilities include the Mediclinic and Emirates Hospital located within a short driving distance, ensuring comprehensive care options.

Transportation and Accessibility

  • Public transport options are nearby, including the Palm Jumeirah Monorail, providing easy connectivity to the city.
  • Designated parking spaces are available for residents, enhancing convenience for those with vehicles.

Lifestyle Amenities

  • Tiara Diamond boasts a range of lifestyle amenities, including a state-of-the-art gym, swimming pool, and spa services.
  • Residents can indulge in high-end dining experiences at adjacent five-star hotels, as well as recreational activities on the beach.

Builing Facilities

  • The building is equipped with multiple high-speed elevators, ongoing security, centralized air conditioning, and dedicated maintenance services.
  • 24/7 concierge services are available to assist residents with any needs or requests.

Special Services

  • Additional features include guest services and access to business centers, providing convenience for both residents and visitors.
  • Unique amenities such as a private beach club and lush landscaped gardens enhance the luxurious living experience.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of floor plans cater to different lifestyles, from cozy one-bedroom units to spacious family-friendly three-bedroom apartments.
  • Penthouse options are also available, offering expansive living spaces and exclusive access to rooftop terraces.

Things to Consider

  • Prospective tenants and buyers should consider proximity to amenities, the lifestyle on Palm Jumeirah, and their long-term investment goals.
  • Assessing community features and potential rental yields is crucial for maximizing investment returns.

Useful FAQs and Support

Events and Building Life

Building Events

  • Tiara Diamond encourages community engagement through regular social events, holiday celebrations, and networking opportunities for residents.
  • Building-oriented activity events foster a sense of belonging and fun among neighbors.

Community Identity

  • The unique architectural design and breathtaking surroundings define Tiara Diamond's identity, enhancing its status within Dubai's elite living spaces.
  • Cultural and recreational events often hosted in the area further contribute to the vibrant tapestry of life within the building.

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Detailed Buiding Insights

1. Family Friendliness

Tiara Diamond is designed with families in mind, offering spacious apartments, children's play areas, and a community atmosphere that encourages interaction among families.

Exceptionally Welcoming

2. Living Options

The community offers a range of living options, from one-bedroom apartments to luxurious penthouses with stunning views, accommodating various lifestyles and preferences.

Broadly Diverse

3. Safety And Security

Tiara Diamond features advanced security measures, including 24/7 security personnel and surveillance systems, ensuring a safe environment for residents.

Remarkably Secure

4. Transportation

While the community is somewhat isolated, it is well-connected to main roads, and public transportation options are available a short distance away.

Moderately Convenient

5. Amenities And Facilities

Amenities include a private beach, swimming pools, a gym, and a spa, providing residents with a luxurious lifestyle and plenty of recreational options.

Richly Equipped

6. Cost Of Living

The cost of living in Tiara Diamond is on the higher side, reflective of its luxury offerings, prime location on the Palm Jumeirah, and high-quality lifestyle.

Relatively High

7. Things To Do

Residents can enjoy a variety of activities, from beach outings to fine dining and entertainment options within and outside the community, catering to varied interests.

Vibrantly Diverse

8. Noise Levels

The community maintains a serene ambiance, with well-designed layouts that minimize noise from surrounding areas while offering peaceful waterfront views.

Generally Peaceful

9. Pet Friendliness

Tiara Diamond is pet-friendly, with policies that facilitate pet ownership, including nearby parks and pathways for walks, making it enjoyable for pet owners.

Warmly Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

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Local Information

Buy:

200K AED - 800K AED

Rent:

20K AED - 80K AED

To Shaksy Villas, Jumeirah Village Circle

32 Minutes

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