Armada Tower 3
2 BR · Apartment · 2 bathrooms
Price history
Listed since 19 October 2026. The price has been cut once — dates and figures from the listing itself.
- 19 October 2026 AED 1 700 000
- 23 October 2026 AED 1 595 000 -6%
Where it is
The pin is placed by district — I send the exact address on request.
JLT
Jumeirah Lake Towers: the cluster grid across the highway from Marina — cheaper, calmer, and with a metro station at each end.
- above-average yields
- metro access
- central location at lower cost
What to check: Quality varies sharply between clusters and between towers within a cluster. Visit the specific building, check where it sits relative to the lake and the metro, and pull the service charge history before you commit.
Full district guide →Questions and answers about lot NP4-539391
How much is this 2-bedroom apartment in Armada Tower 3?
Lot NP4-539391 is priced at AED 1 595 000, about $434 000. The size is 1 199 sq ft (111 m²), which works out at AED 1 330 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 1 700 000 to AED 1 595 000: AED 105 000 less, or 6%. It was cut once. On the market since 19 October 2026.
Is this expensive or cheap for JLT?
The database holds 76 lots in JLT. The area median is AED 1 915 per sq ft; this lot, at AED 1 330, is 31% below it. 25 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
JLT area guide →Is the property ready or still under construction?
According to the listing, the property is ready.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 319 000; a loan of AED 1 276 000 over 25 years at 3.75–4.99% a year comes to roughly AED 6 600–7 500 a month. A non-resident puts down from 40% (AED 638 000) and pays about AED 4 900–5 600 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 63 800 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 405 000 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What does the seller say about the property itself?
From the listing: bathrooms — 2.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP4-539391 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Armada Tower 3
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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