- Diamond Investments' first building under construction -

17 February 2005, Dubai, UAE - Diamond Investments, the new class of property developers in Dubai, has completed the substructure of their Marina Diamond One building. This is the first in a series of exceptional towers to be built in the prime location of the Dubai Marina. With spectacular views of the Marina and out into the Arabian Gulf, top of the range service facilities and a facade of aluminium cladding and glass making up the complete exterior of the building, this tower will set the tone for luxury apartments at remarkably affordable prices within Dubai.

With the successful completion of the substructure reaching the fifth floor, including two basement levels for undercover parking and the provision of access for two separate parts of the building, Marina Diamond One remains on schedule for its completion date of end December 2005.

The 15 story building, designed to meet Diamond Investment's mission to develop property in the most innovative manner, offers customers tailor-made residential space for their own comfort and luxury. The Marina Diamond One will guarantee its tenants a life of ease and wellbeing, offering them state of the art amenities such as a fully equipped gymnasium, two swimming pools, sauna, and steam room. The building will boast an attractive lobby, elegant landscaping, top of the range security services using the latest technology, high speed internet connection, built-in provisions for satellite connections and much more.

With these high class facilities on offer, as well as easy access to the supermarket and shops located on the ground floor, residents of the Marina Diamond One will be delighted with their new domiciles.

Commenting on the development of the new Marina Diamond One tower, Faris Saeed, General Manager, Diamond Investments said, "location is key to real estate success, that is why we specifically choose the Dubai Marina for the Marina Diamond One Tower. Our strategy at Diamond Investments is only to develop properties in the most exquisite and sought after locations in the Middle East. With the exquisite waterfront parade of shops and high quality restaurants, as well as the easy access to a string of shopping malls, luxury beach resorts and golf courses, not to mention the new business district of Knowledge Village and Dubai Media and Internet Cities, Dubai Marina currently has more to offer than any other location in the City. It is a prime site for development and may well prove to be the new centre for Dubai in years to come."

The Marina Diamond One is a residential building consisting of two blocks with three types of apartments; studio, one bedroom, and two bedrooms. It offers 100% freehold ownership with a residency permit for its owners. No paint will be used on the faade of the building; instead the exterior will consist entirely of aluminium cladding and glass finish. This magnificent package will reflect the look and feel of the luxury residency that is the Marina Diamond One.

-Ends-

About Diamond Investments
As real estate developers in Dubai, Diamond Investments is a new breed of developers who, as a group of engineers, architects and entrepreneurs care deeply about the designs and construction of each project in its portfolio. 

The goal behind every property development undertaken by Diamond Investments is to ultimately implement unique and genuine solutions that have been created after detailed planning and research, focusing on excellent quality at competitive prices.  

Issued on behalf of Diamond Investments by Hill & Knowlton, Dubai.  For further editorial or media information please contact Briony Peters or Abbe Le Pelley on tel +971 4 334 4930; fax +971 4 334 4923, e-mail briony.peters@hillandknowlton.com  or abbe.lepelley@hillandknowlton.com.

© Press Release 2005