Armada 1
A 1 bed in Armada 1 costs a median AED 950,000, rents long-let for AED 82,000/yr (8.63% gross), and returns 10.25% short-let at the assumed 80% occupancy — +1.6 pts vs Jumeirah Lake Towers's 7.08% and +1.7 pts vs Dubai's 6.97% — from 12 sales and 167 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 1 bed
- 1 in 12 months
- Rental contracts · 1 bed
- 90 in 12 months
- Buy
- 950,000AED
- AED 1,171/sqft
- Long-let
- 8.63%
- AED 82,000/yr
- Short-let
- 10.25%
- AED 450/night · 0.55/sqft
Priced off the last 5 sales — most recent October 2025.
- Yield spread
- +1.6 pts
- vs the Jumeirah Lake Towers median for this unit type
- Turnover upside
- +9.3%
- new tenants pay more than sitting ones — 186 renewals
- AED/yr/sqft
- AED 98
- Sales
- 12
- Rental contracts
- 167
- Renewal rent
- AED 75,000/yr
- 12 months
- -9.5%
- 3 years
- +13.3%+4.3%/yr
- 5 years
- +53.8%+9.0%/yr
Based on 12 sales and 167 rental contracts in the last 24 months. Rental data covers the whole Armada Towers project, not this tower alone.
Armada 1 is an apartment building in Jumeirah Lake Towers, Dubai, one of the towers in the Armada Towers development. The closest metro station is Marina Mall Metro Station, the nearest mall Marina Mall and the nearest landmark Burj Al Arab. Land Department records for it run from 2015 to 2026, 280 registered sales in all — the 12 in the last 24 months are what every median above is computed from.
Price history
Every recorded sale in Armada 1, by year.
Chart data: Feb 2015, 1339 AED/sqft; latest, Jul 2026, 1219 AED/sqft; peak, Jan 2026, 1380 AED/sqft.
Yield by bedroom type
Deltas compare each yield with the Jumeirah Lake Towers median for the same unit type. How these yields are computed
How these yields are computed
Short-let rates around Armada 1
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
1 bed: first Oct 2026, 0.58 AED/night/sqft; latest Sep 2027, 0.52 AED/night/sqft; peak Nov 2026, 0.72 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Recent transactions
As filed with the Land Department — data to 2026-08-26.
6 resales in the last 12 months, against 18 a year on average over 2023–2025.
Sales
1 resales in the last 3 months.
Rental contracts
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
Nearby
- Metro
- Marina Mall Metro Station
- Mall
- Marina Mall
- Landmark
- Burj Al Arab
Compare with nearby buildings
The most-traded buildings in Armada Towers, on the same figures over the same window.
- Highest rental yields in Jumeirah Lake Towers · Armada 1 places 3rd of 31
Common questions
- What is the rental yield in Armada 1?
- Armada 1 returns 8.63% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 167 rental contracts registered in the last 24 months.
- How much does a 1 bedroom in Armada 1 cost?
- The median registered sale price is AED 950,000 (1,171 AED/sqft), from 12 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- Have prices in Armada 1 risen or fallen?
- Median price per square foot moved -9.5% over the last 12 months against the 12 before it, on 12 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does Armada 1 compare with Jumeirah Lake Towers?
- Its 8.63% gross yield sits +1.6 pts against the Jumeirah Lake Towers median of 7.08%, computed at the same bedroom grain over the same 24-month window.
- Does Armada 1 earn more short-let than long-let?
- A night asks a median of AED 450, which models to 10.25% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 8.63% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.
Armada 1 sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 12 registered sales in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
- Canonical record
- /sale/apartments/dubai/jumeirah-lake-towers/armada-1
Cite as: Dubai Wealth Index. “Armada 1 sale prices and yield.” Jumeirah Lake Towers, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-lake-towers/armada-1.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.