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Armada Tower 1
Armada Tower 1Jumeirah Lakes Towers
670,000 AEDmarket
1,393 AED/ft²
Delivered: Q1 2010
Completed
Armada Group

Armada Tower 1

Jumeirah Lakes Towers

Studio, 1 - 2 BedsApartment

Launch price

382,000 AED

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Buildings
Jumeirah Lakes Towers
Armada Tower 1
Armada Group

Armada Tower 1

Jumeirah Lakes Towers

Studio, 1 - 2 BedsApartment

Launch price

382,000 AED

Armada Tower 1

Jumeirah Lakes Towers

by Armada Group

Booking
-

Booking

Construction
-

Construction

Handover
-

Handover

Local Information

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Description

Armada Towers offers apartments for sale in Jumeirah Lakes Towers — a completed complex by Armada Group with 842 units. The development comprises three high-rise buildings: Tower 1 with 36 floors, Tower 2 with 40 floors, and Tower 3 with 33 floors. Residential options include studios, 1, 2, and 3-bedroom apartments, as well as 4-bedroom penthouses. Each tower provides residents with access to a rooftop cafe, swimming pool, sauna, steam rooms, gym, and outdoor gardens. Adnan Saffarini designed the towers to resemble three ships sailing in different directions. The complex is located off Sheikh Zayed Road, offering connectivity to Dubai Marina and Jumeirah Beach. Nearby metro stations include Damac Metro Station and Sobha Realty Metro Station 2. The project features three basement levels dedicated to parking.

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Price Analysis for Armada Tower 1

Apartment

Studio

75%
191 units
295 – 562 ft²
No market history available yet

Starting price

382K

794 /ft²

Current price

670K

1,393 /ft²

Every bedroom
priced differently.

All chartsLaunch curvesLive comparables

Price History for Armada Tower 1

DatePriceTypeBeds
26 Nov 2025735,000ApartmentStudio481 ft²—1,528
14 Apr 2025670,000ApartmentStudio481 ft²—1,393
5 Feb 2025480,000ApartmentStudio481 ft²—998
26 Nov 2025
735,000
StudioApartment

481 ft²

—

1,528

14 Apr 2025
670,000
StudioApartment

481 ft²

—

1,393

5 Feb 2025
480,000
StudioApartment

481 ft²

—

998

A little more context
changes the read.

All transactionsAll transactionsSales and RentalsBoth sales and rentalsPrice per ft²Full price per ft²

Showing 3 most recent sales transactions

What's Available for Armada Tower 1

Unit #TypeBedsFromBuilt-upInt. AreaExt. AreaFloor

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Price Trends

For units in Jumeirah Lakes Towers

Comparable Buildings in Jumeirah Lakes Towers

Assigned Schools

Affordability

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FAQ

Armada Tower 1 is situated in Cluster P of the Jumeirah Lakes Towers (JLT) district. This location places the building within the Dubai Multi Commodities Centre (DMCC) free zone, providing residents with direct access to the community's lakeside promenades and retail outlets.
The building caters to professionals and small families seeking a balance between urban convenience and a established community environment. The building's mix of studio, one, two, and three-bedroom apartments, combined with its proximity to JLT's dining and business hubs, makes it a functional choice for both end-users and investors.
This development provides residents with a temperature-controlled outdoor swimming pool located on the rooftop, a well-equipped gym, and sauna and steam bath facilities. The building also features a retail centre on the ground floor and dedicated event space to support daily convenience.
The tower is located within walking distance of the Dubai Metro network, with both the DMCC and Sobha Realty stations on the Red Line serving the JLT area. These stations provide direct connectivity to major business districts and leisure destinations across Dubai.
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Price Trends

For units in Jumeirah Lakes Towers

AED/ft²

Mean Studio value
Armada Tower 1: 1,393

AED/ft²

Mean value
Armada Tower 1:

The full spread,
reveals the bias.

Every bedroom vs areaDeeper market contextLive benchmarks
Price trends provided by Dubai Land Department.

Comparable Buildings in Jumeirah Lakes Towers

BuildingPrice per ft²ConstructionHandoverDeveloper
Lake TerraceDAMAC Properties
1,702 AED/ft²
22.2%
100%
Q2 2008
Lake Terrace
1,702 AED/ft²22.2%
100%
Q2 2008
DAMAC Properties logo
Concorde Tower32 Group
1,512 AED/ft²
8.5%
100%
Q2 2008
Concorde Tower
1,512 AED/ft²8.5%
100%
Q2 2008
32 Group logo
Global Lake ViewVenus International Holding
1,713 AED/ft²
23.0%
100%
Q1 2010
Global Lake View
1,713 AED/ft²23.0%
100%
Q1 2010
Venus International Holding logo
Saba Tower 2Saba Group
1,548 AED/ft²
11.1%
100%
Q1 2008
Saba Tower 2
1,548 AED/ft²11.1%
100%
Q1 2008
Saba Group logo
Lake View TowerDAMAC Properties
1,770 AED/ft²
27.1%
100%
Q1 2009
Lake View Tower
1,770 AED/ft²27.1%
100%
Q1 2009
DAMAC Properties logo

The strongest comps
sit beyond the first pass.

Every ranked comparableEvery ranked comparableDeeper yield dataDeeper yield dataCross-building contextCross-building context

Neighborhood Overview

Map showing Jumeirah Lakes Towers neighborhood outline
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Jumeirah Lakes Towers
78 Buildings For You
Buy: AED 300K - 15.0M
YoY Price Change: -9.7%
Gross Yield: No rental data available yet
Neighborhood stats provided by Dubai Land Department.