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. 842 sales are registered with the Dubai Land Department, at a current PIX© price of AED 4,095 per sqft. At AED 4,095 per sqft, Almas Tower prices 90% above the Jumeirah Lake Towers median of AED 2,151 per sqft on registered sales.

PIX© price · ↓12.8% YoY

4.68MAED

Typical

4,095AED

PSF

Gross yield

9.2%

PIX© rent ÷ PIX© price

Sale records

842

DLD · all time

Rent contracts

1,605

Ejari · all time

Location data © OpenStreetMap contributors

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

Nearby · straight-line

Metro stationDMCC0.3 km

MallDubai Marina Mall0.9 km

SchoolEmirates International School1.6 km

HospitalLifeline Hospital5.2 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	18 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

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Office · Floor 5 · Almas Tower

Nightly rateAED

Occupancy (237 nights)

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Almas Tower4,095AED/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	4.68M	4,095	↓12.8%		432K	9.2%
Office 435 - 2,034 sqft	426
Shop 280 - 1,310 sqft	54	-	-	-	-		-
Warehouse 110 - 460 sqft	53	-	-	-	-	-	-

Sales - Project-Wide842 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
27 Oct 2026	—	Almas Tower · Floor 7	1,615	7,200,000	4,459	+39.3%	Standard	Standard Sale
12 Oct 2026	—	Almas Tower · Floor 28	803	2,900,000	3,611	-26.3%	Entry Level	Standard Sale
13 Aug 2026	—	Almas Tower · Floor 22	780	3,305,250	4,235	+76.5%	Entry Level	Standard Sale

Rentals - Project-Wide1,605 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
1 Jan 2027	—	Almas Tower · Floor 20	2,002	175,000	87	-	Standard	CONTRACT
1 Jan 2027	—	Almas Tower · Floor 20	803	175,000	218	-	Standard	CONTRACT
15 Dec 2026	—	Almas Tower · Floor 1	540	76,851	142	-	Standard	CONTRACT

Comparables

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

Map of comparable projects in this community

Location data © OpenStreetMap contributors

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

This project

Almas Tower

Compared with

Swiss Tower

PIX© PSF

4,454

Rank

#1 of 28

#2 of 28

Typical price

7.07M

Yield

2.9%

Units

533

177

Sales

Rents

654

293

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	4,454	Subject	7.07M	2.9%	80	654
	Swiss Tower SWISS TOWER (L.L.C) · Completed	177					56	293
	Jumeirah Business Centre 5 (JBC 5) AL FAJER PROPERTIES (L. L. C) · Completed	299					135	508
	Jumeirah Business Centre 4 (JBC 4) AL FAJER PROPERTIES (L. L. C) · Completed	253					108	353
	Silver Tower (Ag Tower) DUBAI MULTI COMMODITIES CENTRE AUTHORITY · Completed	421					134	590
	Reef Tower REEF REAL ESTATE INVESTMENT CO (L.L.C) · Completed	121					64	178
	Jumeirah Business Centre 1 (JBC 1) AL FAJER PROPERTIES (L. L. C) · Completed	342					124	581
	JLT Cluster V SHEIKH SUROOR BIN MOHD ALNEHAYAN · Completed	1,045					313	2,198
	Jumeirah Business Centre 2 (JBC 2) AL FAJER PROPERTIES (L. L. C) · Completed	295					85	579
	Gold Tower (Au Tower) DUBAI MULTI COMMODITIES CENTRE AUTHORITY · Completed	380					131	561
	Platinum Tower (Pt Tower) ALSHAFAR DEVELOPMENT L.L.C · Completed	453					154	802

Community median 2,151 AED/sqft. Showing the closest-ranked peers of 28 ranked projects in the community. 3 community projects excluded for insufficient recorded sales. 16 excluded for trading only in the off-plan market. 26 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 5 (JBC 5)AED 3,175/sqft
Jumeirah Business Centre 4 (JBC 4)AED 3,006/sqft
Silver Tower (Ag Tower)AED 2,976/sqft
Reef TowerAED 2,900/sqft
Jumeirah Business Centre 1 (JBC 1)AED 2,697/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 4,095 per sqft, or about AED 4,682,164 for a typical unit, based on 842 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 9.2% gross, calculated from current PIX© rent against current PIX© sale price, across 1,605 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 -12.8% over the last 12 months, to AED 4,095, across 842 registered sales.