Armada 1

1. Does it pay a good rent?8.8% gross, before the service charge (not on file) (Dubai median 6.8%)8.8%Strength
2. Are rents going up?New studio leases: AED 60,000 a year ago, AED 55,000 now (pooled across the project)-8.3%
3. Are prices going up?All types: AED 1,201/sqft a year ago, 1,192 now-0.7%Fair
4. How fast do fees pay back?AED 46,839 in fees to buy a studio; rent covers it in 0.9 years0.9 yrs
5. Can I sell easily?6 sales in 12 months (13 the year before)6
6. Is a lot being built nearby?2,387 apartments are planned in Jumeirah Lake Towers from 2026 to 2028, equal to 28% of the 8,448 homes let there today. A further 5,571 are past their planned date. Jumeirah Lake Towers supply by year →28%Fair
7. Did earlier buyers gain?Up 55% for buyers 5 years ago, before fees+55.5%Context

6 resales in the last 12 months, against 18 a year on average over 2023–2025.

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

At studio, Armada 1 has registered sale prices 17% below the Jumeirah Lake Towers median price per square foot of 1,759 AED, across 30 eligible buildings.

Ejari files Armada Towers’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · Studio
  2 registered sales in 12 months; thin, a single deal moves the median
  Read with care
• Rental evidence · Studio
  22 new and 26 renewal contracts in 12 months · rent source: project (pooled)
  Read with care
• Service charge
  Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.
  Not on record
• Project register
  Armada Towers: recorded complete 2010-01-10 · register data to 2026-07-06
  On record
• Short-term assumption
  Modelled at the published 70% occupancy on 7 listings seen; the dial above changes every short-term figure on this page
  Read with care
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

What is the rental yield in Armada 1?

No gross yield is published for Armada 1 as of 2026-10-12: its Ejari contracts are registered at project level, not for this tower. In the last 12 months it had 2 registered sales and 22 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Jumeirah Lake Towers median is 7.4% gross.

How much does a studio in Armada 1 cost?

The median registered sale price is AED 699,000 (1,455 AED/sqft), from 2 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

What is the registered annual rent for a studio in Armada 1?

The median new annual rent is AED 55,000, from 22 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.

Have registered rents in Armada 1 risen or fallen?

The median new annual rent changed -8.3% in the trailing 12 months against the previous 12, using 22 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.

Do new tenants in Armada 1 pay more than sitting ones?

A new tenant pays -8.7% against a renewing one, across 26 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.