Bedroom typeJumeirah Lake Towers (JLT) · Mohammad Rahif Hakmi · 2010

Studios in Armada Towers 1

Studios in Jumeirah Lake Towers (JLT). 2 studios sold in the last 12 months; every sale, rent and unit is below.

Last 12 months · studiosUpdated 29 October 2026
Typical price per sqftAED 1,4542 sales
Typical saleAED 699K2 sales
Typical rentAED 60K /yrAED 125 per sqft
Typical yield8.6%AED 14.73/sqft charge

About the studios in Armada Towers 1

Armada Towers 1 has 58 studios, 16% of its 353 apartments, at 481 sqft. 2 of the building's 5 sales in the last 12 months were studios. The service charge is AED 14.73 per sqft a year.

2 studios sold in the 12 months to October 2026, at a median of AED 1,454 per sqft. The median sale was AED 699,000, against a median of AED 1,293 per sqft for the building as a whole. 22 contracts registered over the same 12 months rented them for AED 46,000 to 71,500 a year, a gross yield of about 8.6% before the service charge.

Studios
58
Share of building
16%
Size
481 sqft
Last sale
1 July 2026
Building
Armada Towers 1

Jumeirah Lake Towers (JLT), Dubai

Average prices in Armada Towers 1

Studios in Armada Towers 1 sell for around AED 699,000, or AED 1,454 per sqft, 12% more per sqft than the building average. The other types: AED 960,000 for one-beds and AED 1,520,000 for two-beds.

Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.

Studio price history in Armada Towers 1

1,2001,4001,600May 2026Nov 20262025-11-26: AED 1,529, Studio, 481 sqft2026-07-01: AED 1,379, Studio, 481 sqftTrend: AED 1,529 to AED 1,379

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Studio transactions in Armada Towers 1

  • CompletedStudio · 480 sqft 01 Jul 2026AED 663,0001,380 /sqft
  • CompletedStudio · 480 sqft 26 Nov 2025AED 735,0001,530 /sqft
  • CompletedStudio · 480 sqft 13 Apr 2025AED 670,0001,394 /sqft
  • CompletedStudio · 480 sqft 05 Feb 2025AED 480,000999 /sqft
  • CompletedStudio · 480 sqft 06 Mar 2024AED 695,0001,446 /sqft
  • CompletedStudio · 480 sqft 17 Aug 2023AED 625,0001,301 /sqft
  • CompletedStudio · 480 sqft 17 Aug 2023AED 625,0001,301 /sqft
  • CompletedStudio · 480 sqft 16 Mar 2023AED 515,0001,072 /sqft
  • CompletedStudio · 480 sqft 05 Jul 2022AED 410,000853 /sqft
  • CompletedStudio · 480 sqft 05 Jul 2022AED 450,000937 /sqft

Over the last 12 months, Armada Towers 1 has recorded 2 studio sales. Typical homes sold for around AED 699K (about AED 1,454 per sqft) with a median size of 481 sqft.

1–10 of 60

Studios in Armada Towers 1

58 units
  • Unit 301Studio · 480 sqftRented AED 58K/yr
  • Unit 302Studio · 480 sqftRented AED 27K/yr
  • Unit 401Studio · 480 sqftSold AED 625K, Aug 2023
  • Unit 402Studio · 480 sqftSold AED 625K, Aug 2023
  • Unit 501Studio · 480 sqftSold AED 670K, Apr 2025
  • Unit 502Studio · 480 sqftRented AED 27K/yr
  • Unit 601Studio · 480 sqftSold AED 520K, Mar 2022
  • Unit 602Studio · 480 sqftRented AED 65K/yr
  • Unit 701Studio · 480 sqftRented AED 37K/yr
  • Unit 702Studio · 480 sqftSold AED 407K, Jan 2011
1–10 of 58
Every unit in Armada Towers 1, by number

Nearby in Jumeirah Lake Towers (JLT)

All 79 →
BuildingSale /sqftYield
Armada Towers 3AED 1,3777.3%
Armada Towers 2Few sales
O2 Residence TowerAED 1,3346.6%
Saba Towers 3AED 1,5716.7%
New Dubai Gate Tower 1AED 1,3648.2%
1–5 of 78 · nearest first

Armada Towers 1 studios in numbers

  • Across 2 DLD sales in the 12 months to October 2026, the median price in Studios in Armada Towers 1 was AED 1,454 per sqft and the typical home sold for about AED 699K.
  • Completed in 2010 by Mohammad Rahif Hakmi; 33 floors of studios to two-beds; service charge AED 14.73 per sqft a year.
  • A studio of 481 sqft rents for AED 46,000 to 71,500 a year on the 22 contracts registered in the last 12 months.
  • Gross rental yield 8.6%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 29 October 2026.

Questions

How much does a studio in Armada Towers 1 cost?

2 studios sold in the 12 months to October 2026; the median was AED 699,000, or AED 1,454 per sqft.

How much is a studio for rent in Armada Towers 1?

About AED 60,000 a year: that is the median of the 22 contracts for studios registered with Ejari in the 12 months to October 2026, from AED 46,000 to 71,500.

What is the rental yield in Armada Towers 1?

About 8.6% gross for studios, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

What is the service charge in Armada Towers 1?

AED 14.73 per sqft a year. For a typical 481 sqft home that is about AED 7,100 a year.

Who built Armada Towers 1 and when?

Mohammad Rahif Hakmi; completed in 2010; 33 floors; 353 apartments.

How many studios are there in Armada Towers 1?

58, of 481 sqft, 16% of the building's 353 apartments.

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