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Armada Tower 1, JLT

Armada Tower 1, JLT

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Jumeirah Lake Towers (JLT), Cluster P, Dubai

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Strengths

Prime Location

Modern Amenities

Scenic Views

Weakens

Traffic Congestion

High Demand and Prices

Limited Parking

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Buildign Overview

Summary

  • Armada Tower 1 is a prominent high-rise located in the well-known Jumeirah Lake Towers (JLT) community.
  • The tower is strategically positioned near key landmarks such as Dubai Marina, Dubai Media City, and Sheikh Zayed Road, enhancing its appeal to residents and investors alike.
  • Public transportation options are abundant, with easy access to the Dubai Metro and various bus services serving the area, making commuting convenient.
  • Compared to nearby towers, Armada Tower 1 features a unique combination of luxury and modern design, setting it apart in the competitive JLT real estate market.

Properties Overview

  • The building offers a mix of residential and commercial properties, catering to a variety of lifestyle needs.
  • Popular property types include 1, 2, and 3-bedroom apartments, known for their spacious layouts and high-quality finishes.
  • Rental prices typically range from AED 70,000 to AED 150,000 per year, while buying prices can vary significantly based on the unit size and floor level.

Market Trends

  • Recent market analysis indicates a steady demand for rental properties in Armada Tower 1, with an average annual rental increase of 5%.
  • The sales market has shown resilience, with price corrections resulting in an attractive ROI for investors, often exceeding 7%.
  • Predictions for the coming year suggest continued growth, driven by the ongoing development of the surrounding JLT area and improved infrastructure.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents enjoy easy access to nearby supermarkets such as Spinneys and Carrefour, ensuring all shopping needs are met.
  • Several educational institutions are located nearby, including the American School of Dubai and the British International School.
  • Healthcare facilities such as Mediclinic and Emirates Hospital are just a short drive away, providing residents with quality medical care.

Transportation and Accessibility

  • Armada Tower 1 is well-connected to Dubai’s public transport network, making it simple for residents to travel throughout the city.
  • Ample parking space is available for residents and visitors, ensuring convenience for those with private vehicles.

Lifestyle Amenities

  • The building features a range of lifestyle amenities, including state-of-the-art health and fitness centers, swimming pools, and spa facilities.
  • A variety of dining options can be found nearby, from casual cafes to upscale restaurants offering diverse culinary experiences.
  • Residents can enjoy outdoor activities around the nearby lakes and parks, perfect for recreational outings.

Builing Facilities

  • Armada Tower 1 provides essential facilities such as high-speed elevators, 24/7 security services, and central air conditioning systems.
  • Regular maintenance services are available to ensure the upkeep of the building and its common areas.

Special Services

  • The tower features concierge services to assist residents with everyday needs, providing a high level of customer service and care.
  • Guest services are available for visitors, ensuring a welcoming experience, along with well-equipped business centers for professional needs.

Planning Your Move or Investment

Floor Plans and Property Types

  • Armada Tower 1 offers a versatile range of floor plans including multiple configurations of 1-bedroom to 3-bedroom units, enabling personalized living experiences.
  • The layouts are designed to maximize space and comfort, appealing to both families and professionals.

Things to Consider

  • Potential tenants and buyers should assess their commuting needs, neighborhood amenities, and the current market conditions.
  • Consideration of property management and maintenance services offered within the building is essential for a smooth living experience.

Useful FAQs and Support

Events and Building Life

Building Events

  • Armada Tower 1 hosts community gatherings and events throughout the year, fostering a sense of community among residents.
  • These events provide opportunities for socializing and networking among neighbors, enhancing the living experience.

Community Identity

  • What distinguishes Armada Tower 1 is its modern architecture paired with a vibrant community atmosphere, appealing to both young professionals and families.
  • The tower's identity is characterized by a commitment to luxury living and exemplary community engagement.

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Detailed Buiding Insights

1. Family Friendliness

Armada Tower 1 offers a family-friendly environment with spacious apartments and nearby parks, catering to families with children. However, some amenities may require transportation.

Moderately Welcoming

2. Living Options

The tower features a variety of living options including studio, one, and two-bedroom apartments, appealing to different lifestyles and family sizes.

Diverse Selection

3. Safety And Security

The building is equipped with 24/7 security personnel and surveillance systems, ensuring a high level of safety for residents.

Very Secure

4. Transportation

Armada Tower 1 is well-connected to major roads and public transport links, making commuting to and from work relatively easy.

Convenient Access

5. Amenities And Facilities

The tower boasts a range of amenities including a swimming pool, gym, and children’s play area, enhancing the living experience for residents.

Well-Equipped

6. Cost Of Living

While the cost of living may be higher than in some other neighborhoods, it is considered reasonable given the quality of facilities and location.

Reasonably Priced

7. Things To Do

There are plenty of nearby restaurants, cafes, and leisure activities, providing residents with a lively social scene and recreational options.

Vibrantly Engaging

8. Noise Levels

Most residents enjoy a peaceful atmosphere due to soundproofing in the apartments and a relatively calm environment despite being in a busy area.

Generally Quiet

9. Pet Friendliness

The building has policies that allow pets, and there are nearby parks for pet owners to enjoy, though some restrictions may apply.

Pet-Friendly

Price Insights

Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
apartment (0Beds)
Rent
56.6K AED
apartment (1Beds)
Rent
75.2K AED
apartment (2Beds)
Rent
126.3K AED
penthouse (4Beds)
Rent
300K AED
apartment (1Beds)
Sale
875.2K AED
apartment (2Beds)
Sale
1.3M AED
apartment (0Beds)
Sale
695K AED

Schools

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Key Information

Buy: 695K AED - 1.5M AED

Rent: 28K AED - 300K AED

Developer: Armada Group

Building Type: Residential

Building Age: 15 years(Date of completion: 2009)

Length: 399

Unit Types :  Studio, 1, 2 and 3-bedroom apartments

Floors: 39

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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Avg Price for rent: 86.3K AED

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