Jumeirah Lakes Towers
Armada Towers
أبراج أرماداMOHAMMAD RAHIF HAKMI · Selling since 2008 · recent sales mostly resales
The Land Department’s record
completed per DLD · 100% complete · buildings · 1,168 units · 1 building · DLD target completion January 2010
Registered developer: MOHAMMAD RAHIF HAKMI (DLD no. 315)
Master developer: DUBAI MULTI COMMODITIES CENTER (DLD no. 153)
Zoned by Dubai Municipality
From the Land Department’s projects file published 15 June 2026. These are the register’s own entries, not a status we determined, and they change only when DLD republishes the file.
Street View imagery near Armada Towers, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
Median per sqft
AED 1,423/sqft
3yr CAGR · resales
+11.8%
Resale record
184 months
Registered resales here span 184 months. The CAGR beside this is drawn from them; a figure for what they will do next is a scenario you set on the returns page.
Registered DLD sales · medians, not estimates · how we compute this
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Armada Towers — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what completed homes of that size actually sold for in Armada Towers over the same twelve months. Prices are this project’s own registered ready sales; off-plan sales are left out because rent is paid on built homes. Rents marked this building are registered new tenancies in Armada Towers itself; the rest are homes of the same size in Jumeirah Lakes Towers, used where Ejari did not name the building.
| Size | Costs now, ready | Rents for | Gross yield | Ready sales, 12m |
|---|---|---|---|---|
| 1 bed | AED 1.13M | AED 90,000/yrsame size in Jumeirah Lakes Towers | 8.0% | 11 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 1 bed here reads 10.2% instead of 8.0%, because it prices the home at AED 882.28K — the median across every sale on record — rather than the AED 1.13M a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 15/sqft across 18 buildings, most recently filed for 2023. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 13,169 | AED 76,832 | 8.0% | 6.8% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Common questions about Armada Towers
How much does a home in Armada Towers cost?
Over the last twelve months a completed 1-bedroom in Armada Towers sold for a median AED 1.13M (11 ready sales). These are medians of sales actually registered with the Dubai Land Department, not asking prices. Completed homes only — off-plan registrations are left out, because they sell at a premium and are not the same purchase.
How much is rent in Armada Towers?
A 1-bedroom rents for a median AED 90,000/yr (homes of about that size in Jumeirah Lakes Towers, 1,196 new tenancies). These are medians of new tenancy contracts registered with Ejari over the last twelve months — what tenants agreed to pay, not advertised asking rents. Ejari names the building on only about one contract in five, and on none that match Armada Towers, so every figure above is the rent for homes of that size in Jumeirah Lakes Towers — the area's rent, not this project's own.
What rental yield does Armada Towers give?
Gross yields on completed homes in Armada Towers run about 8.0% on a 1-bedroom, dividing a year of registered rent by what completed homes of that size actually sold for over the same twelve months. Both halves cover the same period, which is why these read lower than yields quoted against an all-time average price. They are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Armada Towers selling off-plan or as resales?
0% of the 49 sales registered in Armada Towers in its most recent twelve months of trading were off-plan, and the rest were completed homes. That window ends at this project's own newest registered sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Armada Towers start selling?
The Land Department's register holds 1,262 sales in Armada Towers, the earliest registered in 2008. That is when a sale here was first recorded, which is not the same as when the project launched or completed — the transaction register carries no build date, so we do not publish one.
Due diligence
Price vs. Jumeirah Lakes Towers median
-36.2%
Priced at or below the area's real median.
Developer track record
1,265 real transactions
1 completed · 0 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Handover competition
High competitionWhen Armada Towers completed in January 2010, 9 other other projects in Jumeirah Lakes Towers were also completing within 6 months — a useful reference point for how crowded the handover window actually was. Separately, 58 more other projects in Jumeirah Lakes Towers are still in the pipeline overall.
Lake Shore Tower
AL BODOR REAL ESTATE DEVELOPMENT LIMITED
Aug 2009
Gold Crest Executive
STAR GIGAESTABLISHMENT LIMITED
Sep 2009
V3
SHEIKH SUROOR BIN MOHD ALNEHAYAN
Nov 2009
Jumeirah Business Centre 5
AL FAJER PROPERTIES (L. L. C)
Jan 2010
Global Lake View
VENUS INTERNATIONAL HOLDING LTD
Jan 2010
Jumeirah Business Centre2
AL FAJER PROPERTIES (L. L. C)
Jan 2010
Gold Crest Views2
STAR GIGAESTABLISHMENT LIMITED
Feb 2010
New Dubai Gate1
BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING) (L.L.C)
Mar 2010
Jumeirah Business Centre 4
AL FAJER PROPERTIES (L. L. C)
May 2010
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest metro
597 m
Sobha Realty
Nearest school
1.5 km
Emirates International School - Meadows
Nearest hospital
995 m
Lux Aeterna Clinic
Nearest supermarket
71 m
Carrefour Market
Metro stations
- Sobha Realty597 m
- DMCC814 m
- DMCC814 m
- DMCC815 m
Schools
- Emirates International School - Meadows1.5 km
Hospitals & clinics
- Lux Aeterna Clinic995 m
- Health Avenue Polyclinics1.2 km
- Emirates Hospital1.2 km
Supermarkets
- Carrefour Market71 m
- VIVA84 m
- Carrefour193 m
- Almaya Supermarket237 m
Bus stops
- Bus stop575 m
- Bus stop597 m
- Big bus (blue 17)700 m
- Bus stop1.1 km
Pharmacies
- armada pharmacy26 m
- Aster Pharmacy63 m
- Life Pharmacy144 m
- Life Pharmacy303 m
Malls
- Dubai Marina Mall561 m
- Bluewaters Wharf Retail2.2 km
- The Wharf2.3 km
Parks
- Jumeirah Lakes Towers Park34 m
- DEWA Staff1.9 km
Mosques
- Al Rahim Mosque1.5 km
- Mosque Sheikh Rashid bin Mohammed1.6 km
- Al Tasamuh Mosque2.4 km
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.
Loading map…
Buildings in this project
Priced from each tower’s own registered sales, rather than the project median above.
Other projects in Jumeirah Lakes Towers
Mercer House
ELN PROPERTIES DEVELOPMENT L.L.C
AED 2,944/sqft
Serenia District - East
Unknown developer
AED 2,421/sqft
Eltiera Views
Ellington Pcfc Developers L.L.C
AED 2,378/sqft
Viewz 1 By Danube
Danube Properties Development L.L.C
AED 2,345/sqft
Viewz 2 By Danube
Danube Properties Development L.L.C
AED 2,209/sqft
Buying in Armada Towers?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to open an official system on the day: the agent's licence, the project's escrow, and its registered status.
Get an independent reportFrom AED 1,500. Nothing is charged until you have a quote and accept it. See a sample