DUBAI MULTI COMMODITIES CENTRE AUTHORITY

Almas Tower

Completed|533 units · 1 tower

Almas Tower is a completed development by DUBAI MULTI COMMODITIES CENTRE AUTHORITY in Jumeirah Lake Towers, comprising 533 registered units. 840 sales are registered with the Dubai Land Department, at a current PIX© price of AED 4,275 per sqft. At AED 4,275 per sqft, Almas Tower prices 101% above the Jumeirah Lake Towers median of AED 2,128 per sqft on registered sales.

PIX© price · ↓5.7% YoY

3.58MAED

Typical

4,275AED

PSF

Gross yield

8.0%

PIX© rent ÷ PIX© price

Sale records

840

DLD · all time

Rent contracts

1,581

Ejari · all time

SATELLITE

LocationJumeirah Lake Towers

Drive times · typical

Downtown Dubai22 min · 23.6 km

DXB Airport25 min · 33.3 km

DIFC23 min · 25.6 km

Dubai Marina11 min · 5.3 km

Palm Jumeirah14 min · 11.4 km

Nearest · straight-line

Metro stationDMCC Metro Station0.3 km

MallAlmas Tower0.1 km

SchoolSwim And Fit With Haggo0.1 km

HospitalLaven Clinic0.1 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 5

…

Office on Floor 5, Almas Tower

Size
Record: Feb 2009 to Apr 2026
Owners: 6
Tenants: 5
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
5Tenant 5	30 Apr 2026		Owner 6
3Tenant 3	1 May 2025	12 mo	Owner 6 · Registered twice
6Owner 6	28 Apr 2025	17 mo	Current owner Sold with tenant in place Mortgage
5Owner 5	1 Apr 2024	13 mo	Sold with tenant in place
2Tenant 2	23 Nov 2023	18 mo	Renewal Owner 4
2Tenant 2	22 Nov 2022	12 mo	Renewal Owner 4
2Tenant 2	22 Nov 2021	12 mo	Owner 4
1Tenant 1	22 Nov 2020	12 mo	Owner 4
4Owner 4	30 May 2019	4.8 yrs
3Owner 3	24 Jun 2013	5.9 yrs	Transferred without a registered sale
2Owner 2	6 Apr 2011	2.2 yrs
1Owner 1	11 Feb 2009	2.1 yrs

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Office · Floor 5 · Almas Tower

Nightly rateAED

Occupancy (237 nights)

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Almas Tower4,275AED/sqft · project-wide

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 110 - 2,034 sqft	533	3.58M	4,275	↓5.7%		285K	8.0%
Office 435 - 2,034 sqft	426
Shop 280 - 1,310 sqft	54	-	-	-	-		-
Warehouse 110 - 460 sqft	53	-	-	-	-	-	-

Sales - Project-Wide840 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
13 Aug 2026	—	Almas Tower · Floor 22	780	3,305,250	4,235	+76.5%	Entry Level	Standard Sale
25 Jun 2026	—	Almas Tower · Floor 34	803	3,200,000	3,984	-	Entry Level	Standard Sale
23 Jun 2026	—	Almas Tower · Floor 31	1,614	6,858,352	4,250	+254.2%	Standard	Standard Sale

Rentals - Project-Wide1,581 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
2 Nov 2026	—	Almas Tower · Floor 1	213	61,793	-	-	Standard	CONTRACT
1 Nov 2026	—	Almas Tower · Floor 4	3,046	150,000	-	-	Entry Level	CONTRACT
20 Sep 2026	—	Almas Tower · Floor 28	779	230,000	295	-	Entry Level	CERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Almas Tower

Compared with

Swiss Tower

PIX© PSF

4,490

Rank

#1 of 29

#2 of 29

Typical price

4.94M

Yield

6.2%

Units

533

177

Sales

Rents

650

296

Developer

DUBAI MULTI COMMODITIES CENTRE AUTHORITY

SWISS TOWER (L.L.C)

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
1	Almas Tower DUBAI MULTI COMMODITIES CENTRE AUTHORITY · Completed	533	4,490	Subject	4.94M	6.2%	80	650
	Swiss Tower SWISS TOWER (L.L.C) · Completed	177					62	296
	Jumeirah Business Centre 4 (JBC 4) AL FAJER PROPERTIES (L. L. C) · Completed	253					106	354
	Silver Tower (Ag Tower) DUBAI MULTI COMMODITIES CENTRE AUTHORITY · Completed	421					136	598
	Jumeirah Business Centre 5 (JBC 5) AL FAJER PROPERTIES (L. L. C) · Completed	299					125	507
	JLT Cluster V SHEIKH SUROOR BIN MOHD ALNEHAYAN · Completed	1,045					318	2,217
	Jumeirah Business Centre 2 (JBC 2) AL FAJER PROPERTIES (L. L. C) · Completed	295					88	583
	Jumeirah Business Centre 1 (JBC 1) AL FAJER PROPERTIES (L. L. C) · Completed	342					117	578
	Reef Tower REEF REAL ESTATE INVESTMENT CO (L.L.C) · Completed	121					69	185
	Platinum Tower (Pt Tower) ALSHAFAR DEVELOPMENT L.L.C · Completed	453					148	810
	Gold Tower (Au Tower) DUBAI MULTI COMMODITIES CENTRE AUTHORITY · Completed	380					129	568

Community median 2,128 AED/sqft. Showing the closest-ranked peers of 29 ranked projects in the community. 3 community projects excluded for insufficient recorded sales. 16 excluded for trading only in the off-plan market. 25 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Jumeirah Lake Towers

The closest-priced registered projects in Jumeirah Lake Towers.

Swiss TowerAED 3,304/sqft
Jumeirah Business Centre 4 (JBC 4)AED 3,006/sqft
Silver Tower (Ag Tower)AED 2,986/sqft
Jumeirah Business Centre 5 (JBC 5)AED 2,851/sqft
JLT Cluster VAED 2,807/sqft
Jumeirah Business Centre 2 (JBC 2)AED 2,807/sqft

Common questions about Almas Tower

Answered from Dubai Land Department registered transactions.

How much does a property in Almas Tower cost?

Property in Almas Tower sells at a current PIX© price of AED 4,275 per sqft, or about AED 3,578,655 for a typical unit, based on 840 sales registered with the Dubai Land Department.

Is Almas Tower completed?

Yes. Almas Tower is recorded as completed in the Dubai Land Department project register.

Who is the developer of Almas Tower?

Almas Tower is developed by DUBAI MULTI COMMODITIES CENTRE AUTHORITY, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Almas Tower?

Almas Tower yields 8.0% gross, calculated from current PIX© rent against current PIX© sale price, across 1,581 registered Ejari contracts.

How many units are in Almas Tower?

Almas Tower holds 533 registered units, per the Dubai Land Department unit register.

Have prices in Almas Tower gone up or down?

Price per sqft has fallen -5.7% over the last 12 months, to AED 4,275, across 840 registered sales.