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Armada Tower 2, JLT

Armada Tower 2, JLT

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Jumeirah Lake Towers (JLT), Cluster P, Dubai

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Strengths

Modern architectural design

Proximity to amenities

Excellent views

Weakens

High maintenance fees

Limited parking spaces

Noise from nearby road

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Buildign Overview

Summary

  • Armada Tower 2 is a prominent high-rise building located in Jumeirah Lake Towers (JLT), a vibrant community known for its stunning waterfront views.
  • The building is surrounded by various amenities, including leisure spots, retail outlets, and cafes, providing a perfect blend of work and play.
  • JLT's Strategic location allows easy access to major highways such as Sheikh Zayed Road, and it is close to the Dubai Marina and the Dubai Metro Station, enhancing connectivity to the wider area.

Properties Overview

  • The tower features a diverse range of residential units, from spacious apartments to luxurious penthouses, appealing to both renters and buyers.
  • Typical rental prices for one-bedroom apartments start around AED 60,000 annually, while sale prices for similar units may range from AED 900,000 to AED 1,200,000.
  • The building is especially popular among young professionals and families, owing to its competitive pricing and community atmosphere.

Market Trends

  • The real estate market in JLT has shown stability, with rental prices maintaining a modest upward trend of approximately 5% in the past year, driven by high demand.
  • Sales transactions have been encouraging, with investors seeing an average return on investment (ROI) of approximately 7%, indicating a healthy investment environment.
  • Looking ahead, projections suggest continued demand due to ongoing infrastructure improvements and an influx of new businesses in the area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Nearby essential services include well-regarded schools, healthcare clinics, supermarkets, and parks, making it ideal for families.
  • Prominent educational institutions in the vicinity include the American School of Dubai and the Dubai British School.
  • Healthcare facilities such as Mediclinic and Emirates Hospital are easily accessible, ensuring residents have medical support close by.

Transportation and Accessibility

  • JLT is well-serviced by public transportation, with the DM Metro Station within walking distance, providing quick access to Dubai's key areas.
  • The area also offers ample parking spaces for residents and visitors, facilitating convenient mobility around the community.

Lifestyle Amenities

  • Residents can enjoy luxurious lifestyle amenities, including on-site gyms, swimming pools, and recreational areas.
  • The vicinity is dotted with a variety of restaurants, cafes, and shopping outlets, catering to diverse culinary tastes and shopping desires.
  • Additionally, JLT boasts picturesque walking paths along the lakes and parks, promoting an active lifestyle.

Builing Facilities

  • Armada Tower 2 features state-of-the-art facilities, including high-speed elevators, round-the-clock security, and centralized air conditioning.
  • Regular maintenance services ensure the upkeep of the building, contributing to a safe and pleasant living environment.

Special Services

  • Residents can benefit from concierge services, offering assistance with various needs, enhancing the overall living experience.
  • Business centers within the building cater to professionals seeking flexible workspaces, supporting the work-life balance.

Planning Your Move or Investment

Floor Plans and Property Types

  • Armada Tower 2 offers a variety of floor plans, including one, two, and three-bedroom apartments, each designed to cater to different lifestyle needs.
  • Spacious layouts with modern finishes ensure comfort and practicality for residents.
  • Potential buyers can also find penthouses with stunning views and luxurious features.

Things to Consider

  • Consider the proximity to amenities, accessibility to transportation, and community vibes when selecting a property in Armada Tower 2.
  • Evaluate the property’s rental yield and market trends if you are an investor looking for a profitable opportunity.

Useful FAQs and Support

Events and Building Life

Building Events

  • Armada Tower 2 hosts regular community events, encouraging residents to engage and socialize, fostering a sense of belonging.
  • Events may include seasonal celebrations, social gatherings, and wellness workshops, enhancing the community spirit.

Community Identity

  • The unique design and strategic position of Armada Tower 2 contribute to its identity within the JLT community.
  • Known for its modern architecture and vibrant atmosphere, the building stands as a hallmark of contemporary Dubai living.

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Detailed Buiding Insights

1. Family Friendliness

Armada Tower 2 offers several family-oriented amenities, such as nearby parks and playgrounds, though the hustle and bustle of JLT may pose challenges for very young children.

Moderately Welcoming

2. Living Options

The tower features a variety of furnished and unfurnished apartment options, catering to singles, families, and expatriates alike, appealing to a diverse demographic.

Broadly Diverse

3. Safety And Security

The building includes 24-hour security, controlled access points, and reliable surveillance systems, ensuring a safe environment for all residents.

Highly Secure

4. Transportation

Armada Tower 2 is well-connected to public transportation options and major roadways, making commuting easy for residents.

Conveniently Accessible

5. Amenities And Facilities

Residents can enjoy a swimming pool, gym, children's play area, and nearby restaurants and shops, providing a plethora of options within close proximity.

Richly Equipped

6. Cost Of Living

The cost of living is balanced, with rental prices reflecting the amenities and location, making it an attractive choice for many residents.

Reasonably Priced

7. Things To Do

There are numerous restaurants, cafes, and recreational activities in the vicinity, ensuring that there is always something to do for residents and visitors alike.

Vibrantly Diverse

8. Noise Levels

While the nearby roads may generate some background noise, the building's design and location provide a mostly tranquil living environment.

Generally Peaceful

9. Pet Friendliness

Pets are allowed with certain restrictions, providing a welcoming atmosphere for pet owners while ensuring the comfort of all residents.

Moderately Accommodating

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Key Information

Building Type:  mixed-use building

Floors:  33-storey 

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

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