PropertyIndex

JLT Cluster P

1,174 units · 3 towers
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JLT Cluster P is a community in Jumeirah Lake Towers, comprising 1,174 registered units. 1,227 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,320 per sqft. At AED 1,320 per sqft, JLT Cluster P prices 40% below the Jumeirah Lake Towers median of AED 2,185 per sqft on registered sales.

PIX© price · ↓0.1% YoY
1.17MAED
Typical
1,320AED
PSF
Gross yield
7.5%
PIX© rent ÷ PIX© price
Sale records
1,227
DLD · all time
Rent contracts
5,593
Ejari · all time
Explore locations
4 inside JLT Cluster P
Armada Tower 3
561 sales · 2,383 rentals
Armada Tower 1
291 sales · 2,471 rentals
Armada Tower 2
375 sales · 739 rentals
Armada Towers
2 sales · 0 rentals
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.

Building
Floor
Units on floor 11
…

2 Bed on Floor 11, Armada Tower 1

Size
Record
Jun 2010 to Nov 2024
Owners
7
Tenants
7
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
7Tenant 715 Nov 202412 mo
Owner 7
7Owner 713 Dec 20232.8 yrs
Current owner
Sold with tenant in place
6Tenant 615 Nov 202312 mo
Owner 6
5Tenant 51 Aug 202214 mo
Owner 6
4Tenant 41 Aug 202112 mo
Ended early
Owner 6
3Tenant 31 Jul 202013 mo
Owner 6
2Tenant 21 Jul 201914 mo
Owner 6
6Owner 628 Feb 20176.8 yrs
Mortgage
5Owner 510 May 201522 mo
Sold with tenant in place
1Tenant 11 Aug 20133.5 yrs
Owner 4
4Owner 414 May 20132.0 yrs
3Owner 321 Jan 20134 mo
2Owner 215 Jun 20102.6 yrs
Owner 1 · Undisclosed—Acquisition date and price not on record
PIX© Airbnb Calculator

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2 Bed · Floor 11 · Armada Tower 1
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JLT Cluster P

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
75 - 5,937 sqft
1,1741.17M1,320↓0.1%87K7.5%
Residential
Studio · Apartment
295 - 562 sqft
191
1 Bed · Apartment
362 - 1,016 sqft
382
2 Bed · Apartment
980 - 1,515 sqft
204
3 Bed · Apartment
3,808 sqft
1-----
4 Bed · Apartment
4,863 - 5,001 sqft
4-----
Penthouse · Apartment
3,921 - 5,937 sqft
7----
Commercial
Office
688 - 1,662 sqft
354
Shop
429 - 1,268 sqft
19----
Warehouse
75 - 249 sqft
12-----
Sales - Project-Wide1,227 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
4 Sep 20261 BedArmada Tower 1 · Floor 12880960,0001,092+14.3%StandardStandard Sale
25 Aug 20261 BedArmada Tower 3 · Floor 148431,200,0001,423+23.1%PremiumStandard Sale
4 Aug 2026—Armada Tower 2 · Floor 307511,066,3811,420+61.6%StandardStandard Sale
Rentals - Project-Wide5,593 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
31 Dec 20261 BedArmada Tower 1 · Floor 782890,000109-PremiumCONTRACT
23 Sep 20261 BedArmada Tower 3 · Floor 24897110,000123-PremiumCONTRACT
20 Sep 20262 BedArmada Tower 3 · Floor 231,07685,00079-Entry LevelCERTIFICATE

Comparables

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

Comparable projects in Jumeirah Lake Towers

The closest-priced registered projects in Jumeirah Lake Towers.

Common questions about JLT Cluster P

Answered from Dubai Land Department registered transactions.

How much does a property in JLT Cluster P cost?

Property in JLT Cluster P sells at a current PIX© price of AED 1,320 per sqft, or about AED 1,167,057 for a typical unit, based on 1,227 sales registered with the Dubai Land Department.

What is the rental yield in JLT Cluster P?

JLT Cluster P yields 7.5% gross, calculated from current PIX© rent against current PIX© sale price, across 5,593 registered Ejari contracts.

How many units are in JLT Cluster P?

JLT Cluster P holds 1,174 registered units across 3 towers, per the Dubai Land Department unit register.

Have prices in JLT Cluster P gone up or down?

Price per sqft has fallen -0.1% over the last 12 months, to AED 1,320, across 1,227 registered sales.