Jumeirah Lakes Towers
Armada Towers
MOHAMMAD RAHIF HAKMI · Selling since 2008 · recent sales mostly resales
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
+11.8%
5yr projection (1,000 sqft)
AED 1,762,557
AED 950,503 to AED 3,207,805, from 16.9 years of this project's own history. A trend, not a forecast.
Confidence
Wide range
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 that size actually sold for in Armada Towers over the same twelve months. Prices are this project’s own registered sales. 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 | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| 1 bed | AED 1.13M | AED 83,500/yrthis building · 90 new lets | 7.4% | 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 9.5% instead of 7.4%, because it prices the home at AED 882.28K — the median across every sale on record — rather than the AED 1.13M it costs today. Every figure above uses the same twelve months on both sides.
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 15/sqft across 19 buildings, most recently filed for 2023. Charges have risen since then and the filing is matched to this page by name, 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 70,332 | 7.4% | 6.2% |
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.
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 →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