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Sold for AED 918,043: Office in Armada Towers

Located in Jumeirah Lakes Towers, Dubai. Its price per sqft is 0% vs the Armada Towers median (AED 1,279/sqft).

All Jumeirah Lakes Towers salesArmada Towers prices

Sale price

AED 918,043

Per sqft
AED 1,279
Registered
18 Sept 2026, 13:07 (Dubai)

01 / Price history

This unit's history

Every registration of this office in Armada Towers: same layout, exact size (718 sqft) and parking bay DMCC-3096. The registry has no unit numbers, so records are matched on these details.

  1. 18 Sept 2026This sale

    718 sqft · AED 1,279/sqft · Ready

    First recordAED 918,043

  2. 18 Sept 2026Mortgage

    Same day as previous · 718 sqft · AED 767/sqft · Ready

    40%lower than the previous recordAED 550,825
Records
2
Registered
Same day
as the mortgage, 18 Sept 2026
Loan to value
60%
AED 550.83K mortgage on the AED 918.04K sale

02 / The property

Property details

Size
718 sqft · 66.7 m²
Bedrooms
Office
Registered as
Sale
Property sub-type
Office
Usage
Residential
Tenure
Freehold
Parking
DMCC-3096
Nearest metro
Marina Mall Metro Station
Nearest mall
Marina Mall
Nearest landmark
Sports City Swimming Academy

03 / Comparables

All sales in Armada Towers (8 Jan 2026 – 18 Sept 2026)

36 market sales, latest 30 shown. Percentages compare each sale with this one.

Filter & sort
Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
18 Sept 20261.25M+36% vs selected1,2790% vs selected
18 Sept 20261.25M+36% vs selected1,2790% vs selected
18 Sept 20261.12M+22% vs selected1,2790% vs selected
18 Sept 2026960.75K+5% vs selected1,2800% vs selected
18 Sept 2026880.8K−4% vs selected1,2800% vs selected
18 Sept 20261.31M+43% vs selected1,2790% vs selected
18 Sept 20261.31M+43% vs selected1,2790% vs selected
18 Sept 20261.04M+14% vs selected1,2790% vs selected
18 Sept 20261.04M+14% vs selected1,2790% vs selected
18 Sept 2026918.96K0% vs selected1,2800% vs selected
Office · 718 sqftReadySelected sale
18 Sept 2026918.04K1,279
4 Sept 2026960K+5% vs selected1,092−15% vs selected
25 Aug 20261.2M+31% vs selected1,423+11% vs selected
7 Aug 202647.05K−95% vs selected37−97% vs selected
4 Aug 20261.55M+69% vs selected1,513+18% vs selected
4 Aug 20261.38M+51% vs selected1,420+11% vs selected
4 Aug 20261.07M+16% vs selected1,420+11% vs selected
29 Jul 202624.11K−97% vs selected27−98% vs selected
1 Jul 2026663K−28% vs selected1,380+8% vs selected
22 Jun 20261.16M+26% vs selected1,401+10% vs selected
20 Jun 20261.67M+82% vs selected1,270−1% vs selected
8 Jun 20261.12M+21% vs selected1,367+7% vs selected
13 May 20261.05M+14% vs selected1,171−8% vs selected
10 Apr 20261.12M+22% vs selected1,353+6% vs selected
10 Mar 2026890K−3% vs selected920−28% vs selected
24 Feb 20261.13M+23% vs selected1,260−1% vs selected
18 Feb 20261.26M+37% vs selected1,405+10% vs selected
16 Feb 2026680K−26% vs selected1,415+11% vs selected
13 Feb 2026644.81K−30% vs selected—— vs selected
12 Feb 20262.16M+135% vs selected1,643+28% vs selected

04 / Renting it out

What similar offices rent for

Median of 4 market rents of offices of 610–826 sq ft in Jumeirah Lakes Towers. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 122,500
Per sqft / yr
AED 156/sqft
Gross yield
13.3%