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⚠️ Disclaimer: This calculator and data presented on this page are for informational purposes only and do not constitute financial, legal, or investment advice. Past performance does not guarantee future returns. Always conduct your own due diligence and consult a qualified advisor before making investment decisions. Data sourced from Dubai Land Department under their open data license. We are not affiliated with or endorsed by DLD or RERA.

← Back to Jumeirah Lakes Towers

🏠 ARMADA 3

Jumeirah Lakes Towers, Al Thanyah Fifth

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Showing Al Thanyah Fifth district where ARMADA 3 is located.

Gross ROI7.4%

Sale

Avg Price1.2M
AED/sqft1.3K
Sales31

Rent ⚠ community

Avg Rent/yr85.8K
AED/sqft/yr100
Contracts324
⚠️Rental data is for the ARMADA TOWERS area, not this specific building.View community details →
ROI by Unit Type (1Y)
1BR7.6%
Price: 1.0M
/sqft: 1.2K
Rent: 79.0K/yr
/sqft/yr: 93
Sales: 17
Rentals: 175
2BR7.6%
Price: 1.6M
/sqft: 1.3K
Rent: 122K/yr
/sqft/yr: 100
Sales: 9
Rentals: 63
Studio7.7%
Price: 748K
/sqft: 1.6K
Rent: 57.6K/yr
/sqft/yr: 119
Sales: 5
Rentals: 71

Building Details

🏢 41 floors
🏠 76 units
Start Year2010
20102025

Price Trend✓ building-specific

Rental Trend⚠ community-level

⚠️Rental data is for the ARMADA TOWERS area, not this specific building.View community details →
Transaction History
YearSalesAvg/sqftAvg RentGross ROI
2025Latest311.3K85.8K7.4%
2024211.2K88.1K8.1%
20232095980.1K8.1%
20221788170.4K9.1%
20211075965.0K8.4%
20201268364.2K8.9%
2019986074.8K10.1%
2018141.0K80.5K9.6%
2017181.2K93.4K8.2%
2016251.2K91.7K8.9%
2015261.2K100K9.2%
2014331.2K95.3K8.6%
2013781.0K81.1K8.8%
20125377968.2K8.6%
2011631.0K60.6K6.0%
20101371.0K58.0K6.1%
20091888
⚠️ Rental data shown is for the ARMADA TOWERS community, not this specific building. View ARMADA TOWERS details →
📖 Investment Guide: ARMADA 3

Understanding ROI

Gross ROI is annual rent divided by purchase price. Net ROI subtracts all ownership costs — including service charges, DLD fees, agency commission, and maintenance. Dubai residential properties typically yield 4–8% gross, with net returns 1.5–3% lower. Use our Net ROI Calculator to see realistic returns for ARMADA 3.

Key Costs

The DLD transfer fee is 4% of the purchase price — the single biggest upfront cost. Agency commission runs ~2%, admin/trustee fees ~0.5%. Ongoing costs include RERA-approved service charges (AED 10–50/sqft/year depending on the building) and maintenance reserve (1–2% of rent).

About the Data

All numbers come from actual DLD-registered sales and Ejari rent contracts — not broker listings. The sales and rent counts show how many real transactions back each figure. Higher counts mean more reliable data. Compare across the Rankings table or explore the interactive map to see how ARMADA 3 compares to other areas.

Popular Investment Areas

High-yield communities like International City and Discovery Gardens offer 7–9% gross ROI. Premium areas like Palm Jumeirah and Downtown Dubai sit at 4–6% but offer stronger capital appreciation. Mid-range options like JVC, Dubai Marina, and Business Bay balance yield and appreciation.

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