PropertyIndex

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. 386 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,289 per sqft. At AED 1,289 per sqft, Armada Tower 2 prices 40% below the Jumeirah Lake Towers median of AED 2,151 per sqft on registered sales.

PIX© price · ↑37.7% YoY
1.10MAED
Typical
1,289AED
PSF
Gross yield
6.8%
PIX© rent ÷ PIX© price
Sale records
386
DLD · all time
Rent contracts
748
Ejari · all time
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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
PartyDatePrice / RentAEDPSFvs priorHeldNote
6Owner 64 Aug 20263 mo
Current owner
3Tenant 31 Jan 202613 d
Ended early
Owner 5
5Owner 519 Dec 20257 mo
Sold with tenant in place
4Owner 430 Jul 202417 mo
Sold with tenant in place
2Tenant 215 Aug 20232.4 yrs
Renewal
Owner 3
2Tenant 215 Aug 202212 mo
Owner 3
1Tenant 11 Jan 20202.6 yrs
Ended early
Owner 3
3Owner 35 Oct 20158.8 yrs
2Owner 220 Jan 20114.7 yrs
Owner 1 · Undisclosed—Acquisition date and price not on record
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Office · Floor 30 · Armada Tower 2
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Armada Tower 2

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
295 - 1,749 sqft
4341.10M1,289↑37.7%76K6.8%
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-Wide386 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
18 Sep 2026——Armada Tower 2 · Floor 361,0251,310,4941,279-4.5%StandardStandard Sale
18 Sep 2026——Armada Tower 2 · Floor 36718918,9581,280-0.8%StandardStandard Sale
18 Sep 2026——Armada Tower 2 · Floor 369741,245,9121,279-8.1%Entry LevelStandard Sale
Rentals - Project-Wide748 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
21 Oct 2026—Armada Tower 2 · Floor 2287565,00074-Entry LevelCONTRACT
1 Oct 2026—Armada Tower 2 · Floor 81,40399,36071-StandardCONTRACT
1 Oct 2026——Armada Tower 2 · Floor 331,02291,28789-StandardCONTRACT

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 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 1,289 per sqft, or about AED 1,104,671 for a typical unit, based on 386 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 6.8% gross, calculated from current PIX© rent against current PIX© sale price, across 748 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 +37.7% over the last 12 months, to AED 1,289, across 386 registered sales.