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Armada Towers is a completed apartment development by MOHAMMAD RAHIF HAKMI in Jumeirah Lakes Towers, Al Thanyah Fifth, comprising 1,174 registered units. 1,238 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,352 per sqft. At AED 1,352 per sqft, Armada Towers prices 26% below the Jumeirah Lakes Towers average of AED 1,829 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 295 – 1,662 sqft | 1,174 | 1.17M | 1,352 | ↓0.3% | 94K | 8.0% | |
| Residential | |||||||
Studio · Apartment 295 – 562 sqft | 205 | ||||||
1 Bed · Apartment 362 – 1,016 sqft | 383 | ||||||
2 Bed · Apartment 980 – 1,515 sqft | 204 | ||||||
Penthouse · Apartment — | — | — | — | — | — | — | |
| Commercial | |||||||
Office 688 – 1,662 sqft | 354 | ||||||
Shop 429 – 1,268 sqft | 28 | — | — | — | — | — | |
Warehouse — | — | — | — | — | — | — | — |
| All towers | Armada 3 | Armada 2 | Armada 1 | |
|---|---|---|---|---|
| All units | 126 sales | 52 sales | 53 sales | 21 sales |
| Date | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 4 Aug 2026 | Armada 2 · Floor 30 | 1,025 | 1,550,000 | 1,513 | +25.0% | Premium | Standard Sale |
| 4 Aug 2026 | Armada 2 · Floor 30 | 974 | 1,383,619 | 1,420 | +119.6% | Standard | Standard Sale |
| 4 Aug 2026 | Armada 2 · Floor 30 | 751 | 1,066,381 | 1,420 | +61.6% | Standard | Standard Sale |
| Floors | All towers | Armada 1 | Armada 3 | Armada 2 |
|---|---|---|---|---|
| All floors | 841 rentals | 312 rentals | 339 rentals | 190 rentals |
| Floors 1-30 | 772 rentals | 303 rentals | 328 rentals | 141 rentals |
| Floors 31-36 | 69 rentals | 9 rentals | 11 rentals | 49 rentals |
| Start Date | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 31 Dec 2026 | — | 828 | 90,000 | 109 | — | Standard | renewal |
| 15 Aug 2026 | Armada 3 · Floor 8 | 897 | 70,000 | 78 | 0.0% | Entry Level | new |
| 15 Aug 2026 | Armada 3 · Floor 8 | 897 | 70,000 | 78 | -28.6% | Entry Level | new |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Jumeirah Lakes Towers
The closest-priced registered projects in Jumeirah Lakes Towers.
- Green Lakes S1AED 1,353/sqft
- Liwa HeightsAED 1,350/sqft
- Madina TowerAED 1,357/sqft
- Lakeside ResidenceAED 1,343/sqft
- PalladiumAED 1,365/sqft
- Lake Shore TowerAED 1,365/sqft
Common questions about Armada Towers
Answered from Dubai Land Department registered transactions.
How much does a property in Armada Towers cost?
Property in Armada Towers sells at a current PIX© price of AED 1,352 per sqft, or about AED 1,166,840 for a typical unit, based on 1,238 sales registered with the Dubai Land Department.
Is Armada Towers completed?
Yes. Armada Towers is recorded as completed in the Dubai Land Department project register (completed q1 2010).
Who is the developer of Armada Towers?
Armada Towers is developed by MOHAMMAD RAHIF HAKMI, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Armada Towers?
Armada Towers yields 8.0% gross, calculated from current PIX© rent against current PIX© sale price, across 5,875 registered Ejari contracts.
How many units are in Armada Towers?
Armada Towers holds 1,174 registered units across 3 towers, per the Dubai Land Department unit register.
Have prices in Armada Towers gone up or down?
Price per sqft has fallen -0.3% over the last 12 months, to AED 1,352, across 1,238 registered sales.