ARMADA TOWERS

Mature
Started
16 years 3 months ago18-10-2009
Handover
16 years ago10-01-2010
Status
CompleteFinished

Performance Alpha

Market Sales: Last 90Dvs Last 12M Baseline
Falling
-6%
Decline
Current:AED 1,153/sqft
Last 12M:AED 1,223/sqft
Momentum: Last 12Mvs Prior Year
Rising
+12%
Growth
Last 12M:AED 1,223/sqft
Prior Year:AED 1,089/sqft
Community Compare: Last 90DJumeirah Lakes Towers
Discount
-33%
Below Avg
Project:AED 1,153/sqft
Community:AED 1,716/sqft
Liquidity: Last 12MExit Speed
Low
8%Turnover
96Sold (Last 12M)

Supply & Demand Matrix

ARMADA TOWERS averaged 8% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type
Absorption (L12M)
Velocity
Studio
191 units
4%
Velocity
1 Bedroom
383 units
6%
Velocity
2 Bedrooms
204 units
6%
Velocity
PENTHOUSE
14 units
0%
Velocity
Shop
24 units
0%
Velocity
Office
354 units
15%
Velocity

Layouts & Units (1,170)

Asset Class
Studio FlatFloors 3-31
Inventory
191units
20 layouts · Typically 1 parking
~6 sqm balcony
Size Range
240-562sqft
Price Range
AED 180K - AED 850K
Avg PSF
1,064
Sales
139
Trend
Asset Class
Flat
Inventory
0units
Size Range
4,863-5,001sqft
Price Range
Avg PSF
724
Sales
0
Trend
Asset Class
1 Bed FlatPodium + Floors 1-31
Inventory
383units
25 layouts · Typically 1 parking
13-207 sqm balcony
Size Range
362-3,024sqft
Price Range
AED 39K - AED 1.6M
Avg PSF
961
Sales
431
Trend
Asset Class
2 Bed FlatFloors 1-31
Inventory
204units
21 layouts · Typically 1 parking
7-9 sqm balcony
Size Range
164-1,515sqft
Price Range
AED 145K - AED 2.5M
Avg PSF
970
Sales
246
Trend
Asset Class
22 Bed FlatFloors 32-35
Inventory
14units
5 layouts · Typically 1 parking
~31 sqm balcony
Size Range
3,921-5,937sqft
Price Range
Avg PSF
Sales
0
Trend
Asset Class
Building
Inventory
0units
Size Range
3,875-4,785sqft
Price Range
Avg PSF
450
Sales
0
Trend
Asset Class
Land
Inventory
0units
Size Range
875-1,315sqft
Price Range
Avg PSF
49,766
Sales
0
Trend
Asset Class
OfficeFloors 1-40
Inventory
354units
71 layouts · Typically 1 parking
6-155 sqm balcony
Size Range
177-10,625sqft
Price Range
AED 100K - AED 14.6M
Avg PSF
890
Sales
333
Trend
Asset Class
ShopPodium
Inventory
24units
13 layouts · Typically 0.8 parking
Size Range
227-2,595sqft
Price Range
Avg PSF
1,131
Sales
0
Trend

Grouped into 9 asset classes covering 1,170 units

ARMADA TOWERS in Jumeirah Lakes Towers - Prices and Units | Property Index