Armada Tower 3

Completed|373 units · 1 tower

Armada Tower 3 is a completed development by MOHAMMAD RAHIF HAKMI in Jumeirah Lake Towers, comprising 373 registered units. 561 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,365 per sqft. At AED 1,365 per sqft, Armada Tower 3 prices 4% below the Jumeirah Lake Towers median of AED 1,417 per sqft on registered sales.

PIX© price · ↑3.7% YoY

1.24MAED

Typical

1,365AED

PSF

Gross yield

7.0%

PIX© rent ÷ PIX© price

Sale records

561

DLD · all time

Rent contracts

2,383

Ejari · all time

SATELLITE

LocationJumeirah Lake Towers

Drive times · typical

Downtown Dubai24 min · 24.9 km

DXB Airport28 min · 34.6 km

DIFC26 min · 27.0 km

Dubai Marina15 min · 7.9 km

Palm Jumeirah17 min · 12.8 km

Nearest · straight-line

Metro stationSobha Realty Metro Station0.6 km

MallBUY POS0.1 km

SchoolPaddington Early Childhood Centre JLT0.1 km

HospitalArmada Medical Centre0.1 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 22

…

Studio on Floor 22, Armada Tower 3

Size
Record: Sep 2010 to Nov 2025
Owners: 6
Tenants: 8
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
6Owner 6	11 Nov 2025		10 mo	Current owner
8Tenant 8	5 Jul 2023		11 mo	Renewal · Ended early Owner 5
8Tenant 8	1 Jul 2022		12 mo	Renewal Owner 5
8Tenant 8	1 Jul 2021		12 mo	Owner 5
7Tenant 7	10 Feb 2020		15 mo	Owner 5
6Tenant 6	16 Aug 2019		6 mo	Ended early Owner 5
5Owner 5	11 Jul 2019		6.3 yrs	Sold with tenant in place
5Tenant 5	16 Aug 2018		12 mo	Owner 4
4Tenant 4	16 Aug 2018		12 mo	Renewal Owner 4
4Owner 4	4 Jul 2018		12 mo	Sold with tenant in place
3Owner 3	23 May 2018		42 d	Sold with tenant in place
4Tenant 4	16 Aug 2017		12 mo	Owner 2
3Tenant 3	12 Jun 2015		2.2 yrs	Owner 2
2Tenant 2	12 Jun 2014		12 mo	Owner 2
1Tenant 1	12 Sep 2013		9 mo	Owner 2
2Owner 2	2 Sep 2010		7.7 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.

Studio · Floor 22 · Armada Tower 3

Nightly rateAED

Occupancy (237 nights)

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Armada Tower 31,365AED/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 75 - 5,001 sqft	373	1.24M	1,365	↑3.7%		87K	7.0%
Residential
Studio · Apartment 481 sqft	58
1 Bed · Apartment 651 - 1,016 sqft	190
2 Bed · Apartment 980 - 1,515 sqft	102
3 Bed · Apartment 3,808 sqft	1	-	-	-	-	-	-
4 Bed · Apartment 4,863 - 5,001 sqft	4	-	-	-	-	-	-
Commercial
Shop 622 - 1,733 sqft	6	-	-	-	-	-	-
Warehouse 75 - 249 sqft	12	-	-	-	-	-	-

Sales - Project-Wide561 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
25 Aug 2026	1 Bed	Armada Tower 3 · Floor 14	843	1,200,000	1,423	+23.1%	Premium	Standard Sale
22 Jun 2026	1 Bed	Armada Tower 3 · Floor 14	828	1,160,000	1,401	+13.7%	Standard	Standard Sale
20 Jun 2026	2 Bed	Armada Tower 3 · Floor 29	1,315	1,670,000	1,270	-	Standard	Standard Sale

Rentals - Project-Wide2,383 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
23 Sep 2026	1 Bed	Armada Tower 3 · Floor 24	897	110,000	123	-	Premium	CONTRACT
20 Sep 2026	2 Bed	Armada Tower 3 · Floor 23	1,076	85,000	79	-	Entry Level	CERTIFICATE
5 Sep 2026	Studio	Armada Tower 3 · Floor 17	481	50,000	104	-	Entry Level	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 3

Compared with

Jumeirah Lake Towers

PIX© PSF

1,362

Rank

#20 of 32

#19 of 32

Typical price

1.26M

Yield

7.3%

Units

373

38,774

Sales

8,733

Rents

767

53,547

Developer

MOHAMMAD RAHIF HAKMI

DUBAI MULTI COMMODITIES CENTRE AUTHORITY

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Goldcrest Executive STAR GIGAESTABLISHMENT LIMITED · Completed	574					165	1,570
	Saba Tower 2 SABA PROPERTIES DMCC · Completed	453					128	911
	New Dubai Gate 1 BONYAN INTERNATIONAL INVESTMENT GROUP HOLDING P.S.C. · Completed	621					164	1,600
	MBL Royal MBL ROYAL DEVELOPMENT DMCC · Completed	338					121	338
	Jumeirah Lake Towers DUBAI MULTI COMMODITIES CENTRE AUTHORITY · Completed	38,774					8,733	53,547
20	Armada Tower 3 MOHAMMAD RAHIF HAKMI · Completed	373	1,362	Subject	1.26M	7.3%	88	767
	Lake View Tower DAMAC · Completed	560					207	1,519
	Orra The Embankment ORRA REAL ESTATE DEVELOPMENT L.L.C · Completed	503					17	133
	Orra The Embankment Tower 1 ORRA REAL ESTATE DEVELOPMENT L.L.C · Completed	315					16	125
	The Palladium ETA STAR PROPERTY DEVELOPERS L.L.C · Completed	320					79	692
	Lakeside Residence AL MANAL DEVELOPMENT FZCO · Completed	358					77	948

Community median 1,417 AED/sqft. Showing the closest-ranked peers of 32 ranked projects in the community. 3 community projects excluded for insufficient recorded sales. 16 excluded for trading only in the off-plan market. 22 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.

Jumeirah Lake TowersAED 1,363/sqft
MBL RoyalAED 1,374/sqft
New Dubai Gate 1AED 1,375/sqft
Lake View TowerAED 1,346/sqft
Orra The EmbankmentAED 1,344/sqft
Orra The Embankment Tower 1AED 1,344/sqft

Common questions about Armada Tower 3

Answered from Dubai Land Department registered transactions.

How much does a property in Armada Tower 3 cost?

Property in Armada Tower 3 sells at a current PIX© price of AED 1,365 per sqft, or about AED 1,238,283 for a typical unit, based on 561 sales registered with the Dubai Land Department.

Is Armada Tower 3 completed?

Yes. Armada Tower 3 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Armada Tower 3?

Armada Tower 3 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 3?

Armada Tower 3 yields 7.0% gross, calculated from current PIX© rent against current PIX© sale price, across 2,383 registered Ejari contracts.

How many units are in Armada Tower 3?

Armada Tower 3 holds 373 registered units, per the Dubai Land Department unit register.

Have prices in Armada Tower 3 gone up or down?

Price per sqft has risen +3.7% over the last 12 months, to AED 1,365, across 561 registered sales.