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Armada Tower 3, JLT

Armada Tower 3, JLT

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Jumeirah Lake Towers (JLT), Cluster P, Dubai

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Strengths

Modern Architectural Design

Prime Location

Amenities and Facilities

Weakens

High Rental Prices

Traffic Congestion

Limited Parking Space

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Buildign Overview

Summary

  • Armada Tower 3 is a prominent skyscraper located in the vibrant Jumeirah Lake Towers (JLT) district of Dubai.
  • The building is strategically positioned near several key facilities, including fine dining restaurants, shopping malls, and recreational parks.
  • It is well-connected to main public transport routes, including the Dubai Metro and several bus services, ensuring easy access to the rest of the city.
  • Adjacent to other iconic towers in JLT, Armada Tower 3 stands out due to its modern architectural design and desirable amenities.

Properties Overview

  • The building offers a range of residential units, including one, two, and three-bedroom apartments.
  • Average rental prices for units vary but typically range from AED 60,000 to AED 120,000 annually, depending on the size and floor levels.
  • For buyers, property prices range from AED 800,000 to AED 2.5 million, depending on unit features and amenities.

Market Trends

  • The real estate market in Armada Tower 3 has shown a steady increase in demand, with rental prices up approximately 10% over the last year.
  • Sales trends indicate a healthy ROI for investors, averaging around 6-8%, with expectations of continued growth in the coming years.
  • More families are moving into JLT due to its community feel, proximity to workplaces, and leisure facilities.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have easy access to supermarkets and local grocery stores along with several schools and preschools within walking distance.
  • Healthcare facilities, including clinics and hospitals, are conveniently located nearby, offering quality medical services to residents.

Transportation and Accessibility

  • Public transportation options include the JLT Metro station, enhancing connectivity to other key areas of Dubai.
  • Parking facilities are available for residents and guests, ensuring convenience regardless of transportation choice.

Lifestyle Amenities

  • The building features various lifestyle amenities, including a state-of-the-art gym, swimming pool, and recreation areas.
  • Additionally, a number of trendy restaurants and cafes are located in the vicinity, catering to diverse culinary preferences.

Builing Facilities

  • Armada Tower 3 provides modern facilities, including high-speed elevators, 24-hour security, and central air conditioning.
  • Maintenance services are readily available, ensuring all resident concerns are addressed promptly.

Special Services

  • Residents benefit from concierge services that assist with daily needs and facilitate a hassle-free living experience.
  • Business centers and conference rooms are available for those who may work from home or require professional spaces.

Planning Your Move or Investment

Floor Plans and Property Types

  • The building showcases a variety of thoughtfully designed floor plans suited for different lifestyles and family sizes.
  • Options range from compact one-bedroom apartments to spacious three-bedroom layouts, accommodating diverse needs for renters and buyers.

Things to Consider

  • Consider the proximity to workplaces, schools, and amenities when deciding to rent or buy a property in Armada Tower 3.
  • Assess the affordability of rental and maintenance costs alongside the benefits of the community lifestyle in JLT.

Useful FAQs and Support

Events and Building Life

Building Events

  • Armada Tower 3 fosters a sense of community through regular events and social activities, allowing residents to connect and engage.
  • These events may include holiday celebrations, fitness classes, and networking opportunities for residents.

Community Identity

  • The building is characterized by its impressive architecture and a thriving community feel, making it a desirable destination in Dubai.
  • Unique recreational features and art displays within the premises contribute to the overall cultural richness of Armada Tower 3.

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Detailed Buiding Insights

1. Family Friendliness

Armada Tower 3, JLT is a family-friendly community with ample parks and play areas nearby, making it suitable for families. However, the surrounding areas can be busy, which might not be ideal for younger children.

Moderately Welcoming

2. Living Options

The tower offers a variety of living options, from spacious apartments to compact units, catering to different lifestyles and budgets, thereby appealing to a diverse group of residents.

Diverse and Flexible

3. Safety And Security

Armada Tower 3 benefits from 24/7 security, well-lit common areas, and surveillance cameras, contributing to a strong sense of safety amongst residents.

Highly Secure

4. Transportation

With easy access to public transportation options like the Dubai Metro and nearby bus stops, commuting from Armada Tower 3 is both effortless and efficient, making it an attractive location for professionals.

Conveniently Located

5. Amenities And Facilities

The tower features an array of amenities including a swimming pool, gym, children's play area, and a rooftop terrace, offering residents a fully-equipped lifestyle without needing to leave the premises.

Extensively Equipped

6. Cost Of Living

While rental prices can vary, the cost of living in Armada Tower 3 is generally considered reasonable given the range of amenities and proximity to major areas, providing good value for renters.

Fairly Priced

7. Things To Do

Located in JLT, residents have access to numerous dining options, cafés, and shopping outlets, creating a lively atmosphere with plenty to do within walking distance.

Vibrantly Active

8. Noise Levels

Most of the time, noise levels are manageable, thanks to robust building insulation, though residents may occasionally hear sounds from the surrounding activities during peak times.

Generally Peaceful

9. Pet Friendliness

Armada Tower 3 allows residents to keep pets, but there are some restrictions on type and size. However, nearby parks offer ample space for pet owners, creating a welcoming environment.

Accommodating

Price Insights

Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
apartment (0Beds)
Rent
57.5K AED
apartment (1Beds)
Rent
76.1K AED
apartment (2Beds)
Rent
119.3K AED
penthouse (4Beds)
Rent
320K AED
apartment (0Beds)
Sale
655K AED
apartment (1Beds)
Sale
928.9K AED
apartment (2Beds)
Sale
1.5M AED

Schools

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Key Information

Buy: 610K AED - 1.7M AED

Rent: 25K AED - 320K AED

Developer: Armada Group

Building Type: Residential

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

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

Floors: 36

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

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