Armada 3

1. Does it pay a good rent?7.4% gross, before the service charge (not on file) (Dubai median 6.8%)7.4%Fair
2. Are rents going up?New 1 bed leases: AED 80,000 a year ago, AED 83,500 now (pooled across the project)+4.4%
3. Are prices going up?1 bed: AED 1,216/sqft a year ago, 1,306 now+7.4%Strength
4. How fast do fees pay back?AED 73,130 in fees to buy a 1 bed; rent covers it in 0.9 years0.9 yrs
5. Can I sell easily?20 sales in 12 months (30 the year before)20
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 81% for buyers 5 years ago, before fees+81.3%Context

20 resales in the last 12 months, against 24 a year on average over 2023–2025.

At 1 bed, Armada 3 has registered sale prices 15% below the Jumeirah Lake Towers median price per square foot of 1,544 AED, across 57 eligible buildings. It ranks 43rd of 57 by price per square foot and 6th of 30 by gross yield in Jumeirah Lake Towers.

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 · 1 bed
  10 registered sales in 12 months
  On record
• Rental evidence · 1 bed
  86 new and 74 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 6 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 3?

Armada 3 returns 7.4% gross: a median new-contract rent of AED 83,500 a year (86 Ejari contracts in 12 months) over a price benchmark of AED 1.13M (median of 10 sales in the last 12 months, latest Aug 2026), before service charge, agency fees or vacant months.

How much does a 1 bedroom in Armada 3 cost?

The median registered sale price is AED 1.13M (1,306 AED/sqft), from 10 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

What are apartments in Armada 3 selling for right now?

Registered sales of ready units in Armada 3 over the last 12 months have a median of 1,306 AED/sqft, across 10 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.

Have prices in Armada 3 risen or fallen?

Median price per square foot moved +7.4% over the last 12 months against the 12 before it, on 10 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How does Armada 3 compare with Jumeirah Lake Towers?

Its 7.4% gross yield sits +0.6 pts against the Jumeirah Lake Towers median of 6.8%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.