Armada Tower 2

Completed|434 units · 1 tower

Armada Tower 2 is a completed development by MOHAMMAD RAHIF HAKMI in Jumeirah Lake Towers, comprising 434 registered units. 375 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,404 per sqft. At AED 1,404 per sqft, Armada Tower 2 prices 34% below the Jumeirah Lake Towers median of AED 2,128 per sqft on registered sales.

PIX© price · ↑8.8% YoY

1.27MAED

Typical

1,404AED

PSF

Gross yield

7.5%

PIX© rent ÷ PIX© price

Sale records

375

DLD · all time

Rent contracts

739

Ejari · all time

SATELLITE

LocationJumeirah Lake Towers

Drive times · typical

Downtown Dubai27 min · 25.0 km

DXB Airport30 min · 34.7 km

DIFC28 min · 27.0 km

Dubai Marina17 min · 8.0 km

Palm Jumeirah19 min · 12.8 km

Nearest · straight-line

Metro stationSobha Realty Metro Station0.6 km

MallBUY POS

SchoolPaddington Early Childhood Centre JLT

HospitalArmada Surgical Center

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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 30

…

Office on Floor 30, Armada Tower 2

Size
Record: Jan 2011 to Aug 2026
Owners: 6
Tenants: 3
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
6Owner 6	4 Aug 2026		44 d	Current owner
3Tenant 3	1 Jan 2026		13 d	Ended early Owner 5
5Owner 5	19 Dec 2025		7 mo	Sold with tenant in place
4Owner 4	30 Jul 2024		17 mo	Sold with tenant in place
2Tenant 2	15 Aug 2023		2.4 yrs	Renewal Owner 3
2Tenant 2	15 Aug 2022		12 mo	Owner 3
1Tenant 1	1 Jan 2020		2.6 yrs	Ended early Owner 3
3Owner 3	5 Oct 2015		8.8 yrs
2Owner 2	20 Jan 2011		4.7 yrs
Owner 1 · Undisclosed		—		Acquisition date and price not on record

PIX© Airbnb Calculator

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

Office · Floor 30 · Armada Tower 2

Nightly rateAED

Occupancy (237 nights)

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Armada Tower 21,404AED/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 295 - 1,749 sqft	434	1.27M	1,404	↑8.8%		94K	7.5%
Residential
Studio · Apartment 295 - 562 sqft	75	-	-	-	-	-	-
1 Bed · Apartment 362 sqft	1	-	-	-	-	-	-
Commercial
Office 688 - 1,662 sqft	354
Shop 1,749 sqft	4	-	-	-	-	-	-

Sales - Project-Wide375 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	Unit No.	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
4 Aug 2026		—	Armada Tower 2 · Floor 30	751	1,066,381	1,420	+61.6%	Standard	Standard Sale
4 Aug 2026	—	—	Armada Tower 2 · Floor 30	974	1,383,619	1,420	+119.6%	Standard	Standard Sale
4 Aug 2026	—	—	Armada Tower 2 · Floor 30	1,025	1,550,000	1,513	+25.0%	Premium	Standard Sale

Rentals - Project-Wide739 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	Unit No.	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
15 Sep 2026	—	—	Armada Tower 2 · Floor 15	1,141	169,767	149	-	Premium	CERTIFICATE
1 Sep 2026		—	Armada Tower 2 · Floor 15	875	65,000	74	-	Entry Level	CONTRACT
10 Aug 2026	—	—	Armada Tower 2 · Floor 14	1,062	100,000	94	-	Standard	CONTRACT

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

Armada Tower 2

Compared with

HDS Business Centre

PIX© PSF

1,420

Rank

#23 of 29

#22 of 29

Typical price

1.23M

Yield

8.4%

Units

434

312

Sales

100

163

Rents

353

670

Developer

MOHAMMAD RAHIF HAKMI

BARAQ HOLDINGS LIMITED

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Tiffany Tower ALLANA FEROZ ABDUL RAZAK & ALLANA SHIRAZ ABDUL RAZAK · Completed	306					92	702
	Dubai Star PREATONI REAL ESTATE DEVELOPMENT L.L.C · Completed	586					306	1,503
	Goldcrest Executive STAR GIGAESTABLISHMENT LIMITED · Completed	574					165	1,570
	The Dome NASSER BIN ABDULLATIF ALSERKAL CO. L.L.C · Completed	275					126	610
	HDS Business Centre BARAQ HOLDINGS LIMITED · Completed	312					163	670
23	Armada Tower 2 MOHAMMAD RAHIF HAKMI · Completed	434	1,420	Subject	1.23M	8.4%	100	353
	Oaks Liwa Heights MAYSAN REAL ESTATE INVESTMENT (L.L.C) · Completed	314					47	338
	The Palladium ETA STAR PROPERTY DEVELOPERS L.L.C · Completed	320					79	692
	Mazaya Business Avenue BB1 AL MAZAYA HOLDING COMPANY · Completed	349					150	465
	Mazaya Business Avenue BB2 AL MAZAYA HOLDING COMPANY · Completed	349					180	632
	Dubai Arch AABER FACILITES MANAGEMENT (L.L.C) · Completed	404					137	936

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.

HDS Business CentreAED 1,423/sqft
Oaks Liwa HeightsAED 1,363/sqft
The PalladiumAED 1,351/sqft
The DomeAED 1,470/sqft
Mazaya Business Avenue BB1AED 1,315/sqft
Mazaya Business Avenue BB2AED 1,292/sqft

Common questions about Armada Tower 2

Answered from Dubai Land Department registered transactions.

How much does a property in Armada Tower 2 cost?

Property in Armada Tower 2 sells at a current PIX© price of AED 1,404 per sqft, or about AED 1,267,169 for a typical unit, based on 375 sales registered with the Dubai Land Department.

Is Armada Tower 2 completed?

Yes. Armada Tower 2 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Armada Tower 2?

Armada Tower 2 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 Tower 2?

Armada Tower 2 yields 7.5% gross, calculated from current PIX© rent against current PIX© sale price, across 739 registered Ejari contracts.

How many units are in Armada Tower 2?

Armada Tower 2 holds 434 registered units, per the Dubai Land Department unit register.

Have prices in Armada Tower 2 gone up or down?

Price per sqft has risen +8.8% over the last 12 months, to AED 1,404, across 375 registered sales.