The building features a sleek and contemporary design that stands out in the JLT skyline.
Prime Location
Located in the heart of Jumeirah Lake Towers, it offers easy access to major highways and public transportation.
Amenities and Facilities
It has well-maintained facilities including a gym, swimming pool, and retail outlets.
Weaknesses
High Rental Prices
The rental costs can be above average compared to other buildings in the area.
Traffic Congestion
During peak hours, traffic around the JLT area can be overwhelming.
Limited Parking Space
Residents and visitors may struggle to find available parking during busy times.
Considerations
Future Development
Potential new developments in the area may increase property values but also lead to further congestion.
Community Events
Regular community events in JLT can enhance the living experience but might also increase foot traffic and noise.
Investment Opportunities
As a sought-after location, investing in Armada Tower 3 could yield significant returns in the future.
Description
Armada Tower 3, JLT
Real Estate Overview
Building Overview
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
Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months
data.
Name
Type
Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED
Map Overview
Cafeterias
Entertainment
Events And Festivals
Fitness
Gym Fitness Center Pools
Healthcare
Hospital And Clinics
Laundry
Parks And Beach
Restaurant Bars
Shopping Centers And Malls
Sports Park And Ground
Supermarket And Groceries
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Schools
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