
1 Lake Plaza
Al Thanyah Fifth · Han Worldwide Enterprises
Ready building · Dmcc
Highlights
Armada 2 is a mixed-use building in Al Thanyah Fifth, Dubai, developed by Dmcc. It holds about 434 units: studios, 1-bedroom apartments, commercial units. Depending on the unit, windows look out over Community.
The building was completed in 2012 and has been in use for about 14 years. 31 units changed hands in the last 12 months, registered with the Dubai Land Department.
Armada 2 is one of 133 buildings in Al Thanyah Fifth: 75 are complete and 27 are still being built.
Building details
There are about 75 of these in Armada 2, from 300 to 560 sq ft. None has sold recently enough to quote a price.
There are about 1 of these in Armada 2, from 360 sq ft. None has sold recently enough to quote a price.
There are about 358 of these in Armada 2, from 230 to 10,630 sq ft. They have recently sold for a median of AED 961.0K, or AED 1,280 per sq ft.
| نوع الوحدة | الوحدات | المساحة | السعر الوسيط | Median rent |
|---|---|---|---|---|
| استوديو | 75 | 300 sqft27.9 sqmt – 560 sqft52 sqmt | لا توجد مبيعات حديثة | – |
| 1 Bed | 1 | 360 sqft33.4 sqmt | لا توجد مبيعات حديثة | – |
| تجاري | 358 | 230 sqft21.4 sqmt – 10,630 sqft987.6 sqmt | AED 961K | – |
The 2026 service charge in Armada 2 is AED 18.59 per sq ft for commercial units, AED 23.82 per sq ft for mixed, AED 18.59 per sq ft for offices, AED 13.49 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.
| نوع الوحدة | Rate per sq ft | المساحة | Yearly charge |
|---|---|---|---|
| تجاري (2026) | AED 18.59 | 230 sqft21.4 sqmt – 10,630 sqft987.6 sqmt | AED 4,276 – AED 197,612 |
| المكاتب (2026) | AED 18.59 | 230 sqft21.4 sqmt – 10,630 sqft987.6 sqmt | AED 4,276 – AED 197,612 |
| تجاري (2026) | AED 13.49 | 230 sqft21.4 sqmt – 10,630 sqft987.6 sqmt | AED 3,103 – AED 143,399 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
The nearest Dubai Metro station from Armada 2 is DAMAC Properties (red line, 0.7 km, about 8 min walk), then Jumeirah Lake Towers (red line, 0.8 km, about 10 min walk). Stations planned on new lines nearby include Dubai Marina Mall (orange line, 0.4 km, about 5 min walk) and Dubai Marina (orange line, 0.7 km, about 8 min walk).
The closest is Dubai Marina Mall, 0.5 km from Armada 2 (about 6 min walk).
The closest is Bonnington Jumeirah Lakes Towers, 0.5 km from Armada 2 (about 6 min walk).
The closest is Armada Medical Centre, 0 km from Armada 2 (about 2 min walk).
The closest is JBR Beach, 1.1 km from Armada 2 (about 13 min walk).
The nearest is EMIRATES INTERNATIONAL SCHOOL MEADOWS, 1.5 km away. Ratings are the KHDA's latest inspection grades.
Al Thanyah Fifth has 133 buildings. A few others to compare Armada 2 with:

Al Thanyah Fifth · Han Worldwide Enterprises
جاهز
جاهز
جاهز
Al Thanyah Fifth · Al Waleed
جاهزSpecialists
These brokers handle sales and lettings in Armada 2 and can tell you what is available now.

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Senior Property Advisor

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Associate Director

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Senior Property Advisor
الأسئلة الشائعة
A broker who works Al Thanyah Fifth will tell you what is available and what comparable homes went for.