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Ready building · Dmcc

Armada 1, Al Thanyah Fifth

Highlights

Armada 1 at a glance

About Armada 1

Armada 1 is a mixed-use building in Al Thanyah Fifth, Dubai, developed by Dmcc. It holds about 367 units: studios, 1-bedroom apartments, 2-bedroom apartments, 4-bedroom apartments, commercial units.

The building was completed in 2012 and has been in use for about 14 years. 8 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,192 per sq ft.

Armada 1 is one of 133 buildings in Al Thanyah Fifth: 75 are complete and 27 are still being built.

In a nutshell

  • A mixed-use ready building
  • Located in Al Thanyah Fifth, Dubai
  • Developed by Dmcc
  • Completed in Q1 2012
  • Unit types: Studio, 1 Bed, 2 Beds, 4 Beds, Commercial
  • Sizes from 430 to 9,490 sq ft
  • Service charge from AED 16.57 per sq ft
  • DAMAC Properties metro station 0.7 km away
Status
Ready
Developer
Dmcc
Location
Al Thanyah Fifth, Dubai
Completed
Q1 2012
Unit types
Studio, 1 Bed, 2 Beds, 4 Beds, Commercial
Prices from
AED 259.0K
Median price per sq ft
AED 1,192
Median gross yield
7.4%
Service charge
AED 16.57 per sq ft (2026)
Nearest metro
Dubai Marina Mall, 0.3 km

Building details

Inside Armada 1

Properties in Armada 1

Studios in Armada 1

There are about 58 of these in Armada 1, from 480 sq ft. They have recently sold for a median of AED 699.0K, or AED 1,450 per sq ft. Owners who resold made a median 22% over what they paid.

1-bedroom apartments in Armada 1

There are about 191 of these in Armada 1, from 460 to 3,020 sq ft. They have recently sold for a median of AED 500.0K, or AED 570 per sq ft.

2-bedroom apartments in Armada 1

There are about 102 of these in Armada 1, from 980 to 1,510 sq ft. They have recently sold for a median of AED 1.5M, or AED 1,180 per sq ft.

4-bedroom apartments in Armada 1

There are about 7 of these in Armada 1, from 3,920 to 5,940 sq ft. None has sold recently enough to quote a price.

Commercial units in Armada 1

There are about 9 of these in Armada 1, from 430 to 9,490 sq ft. None has sold recently enough to quote a price.

Unit types in Armada 1 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
Studio58480 sqft44.6 sqmtAED 699KAED 61.5K
1 Bed191460 sqft42.7 sqmt – 3,020 sqft280.6 sqmtAED 500KAED 83.5K
2 Beds102980 sqft91 sqmt – 1,510 sqft140.3 sqmtAED 1.5MAED 124K
4 Beds73,920 sqft364.2 sqmt – 5,940 sqft551.8 sqmtNo recent sales–
Commercial9430 sqft39.9 sqmt – 9,490 sqft881.6 sqmtNo recent sales–

Recent transactions in Armada 1

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 975K

    AED 1,178 /sqftAED 12,680 /sqmt

    ReadyApartment
    828 sqft76.9 sqmt1 BedOwner29 Oct 2026

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 960K

    AED 1,091 /sqftAED 11,743 /sqmt

    ReadyApartment
    880 sqft81.8 sqmt1 BedOwner4 Sept 2026

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 663K

    AED 1,378 /sqftAED 14,833 /sqmt

    ReadyApartment
    481 sqft44.7 sqmtStudioOwner1 Jul 2026

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 1.3M

    AED 1,058 /sqftAED 11,388 /sqmt

    ReadyApartment
    1,286 sqft119.5 sqmt2 BedsOwner28 Jan 2026

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 735K

    AED 1,528 /sqftAED 16,447 /sqmt

    ReadyApartment
    481 sqft44.7 sqmtStudioOwner26 Nov 2025

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 1.7M

    AED 1,293 /sqftAED 13,918 /sqmt

    ReadyApartment
    1,315 sqft122.2 sqmt2 BedsDeveloper26 Nov 2025

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 950K

    AED 1,080 /sqftAED 11,625 /sqmt

    ReadyApartment
    880 sqft81.8 sqmt1 BedOwner24 Oct 2025

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 2M

    AED 1,525 /sqftAED 16,415 /sqmt

    ReadyApartment
    1,315 sqft122.2 sqmt2 BedsDeveloper26 Aug 2025

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 1.1M

    AED 1,193 /sqftAED 12,841 /sqmt

    ReadyApartment
    880 sqft81.8 sqmt1 BedOwner13 Aug 2025

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 1M

    AED 1,255 /sqftAED 13,509 /sqmt

    ReadyApartment
    797 sqft74 sqmt1 BedOwner15 Jul 2025

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 900K

    AED 1,023 /sqftAED 11,011 /sqmt

    ReadyApartment
    880 sqft81.8 sqmt1 BedOwner30 May 2025

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 1.6M

    AED 1,190 /sqftAED 12,809 /sqmt

    ReadyApartment
    1,315 sqft122.2 sqmt2 BedsOwner14 Apr 2025

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 670K

    AED 1,393 /sqftAED 14,994 /sqmt

    ReadyApartment
    481 sqft44.7 sqmtStudioOwner13 Apr 2025

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 1.7M

    AED 1,293 /sqftAED 13,918 /sqmt

    ReadyApartment
    1,315 sqft122.2 sqmt2 BedsOwner8 Apr 2025

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 950K

    AED 1,147 /sqftAED 12,346 /sqmt

    ReadyApartment
    828 sqft76.9 sqmt1 BedOwner20 Feb 2025

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 480K

    AED 998 /sqftAED 10,742 /sqmt

    ReadyApartment
    481 sqft44.7 sqmtStudioOwner5 Feb 2025

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 1.2M

    AED 1,347 /sqftAED 14,499 /sqmt

    ReadyApartment
    880 sqft81.8 sqmt1 BedOwner31 Jan 2025

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 950K

    AED 1,147 /sqftAED 12,346 /sqmt

    ReadyApartment
    828 sqft76.9 sqmt1 BedOwner5 Dec 2024

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 85K/yr

    ApartmentNew contract
    809 sqft75.2 sqmt1 Bedto

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 64K/yr

    ApartmentRenewal
    880 sqft81.8 sqmt1 Bedto

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 61.5K/yr

    ApartmentNew contract
    481 sqft44.7 sqmtStudioto

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 82K/yr

    ApartmentNew contract
    897 sqft83.3 sqmt1 Bedto

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 97K/yr

    ApartmentNew contract
    897 sqft83.3 sqmt1 Bedto

  • Armada 1

    Jumeirah Lake Towers (JLT)

    AED 124K/yr

    ApartmentRenewal
    1,163 sqft108 sqmt2 Bedsto

Every sale in Armada 1Every rent contract in Armada 1

Service charges in Armada 1

The 2026 service charge in Armada 1 is AED 16.57 per sq ft for homes, AED 30.11 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.

Service charges in Armada 1
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2026)AED 16.57460 sqft42.7 sqmt – 3,020 sqft280.6 sqmtAED 7,622 – AED 50,041
2 Beds Apartment (2026)AED 16.57980 sqft91 sqmt – 1,510 sqft140.3 sqmtAED 16,239 – AED 25,021
4 Beds Apartment (2026)AED 16.573,920 sqft364.2 sqmt – 5,940 sqft551.8 sqmtAED 64,954 – AED 98,426
Retail (2026)AED 30.11430 sqft39.9 sqmt – 9,490 sqft881.6 sqmtAED 12,947 – AED 285,744
Studio Apartment (2026)AED 16.57480 sqft44.6 sqmtAED 7,954 – AED 7,954

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Armada 1

Transportation near Armada 1

The nearest Dubai Metro station from Armada 1 is DAMAC Properties (red line, 0.7 km, about 8 min walk), then Jumeirah Lake Towers (red line, 0.7 km, about 8 min walk). Stations planned on new lines nearby include Dubai Marina Mall (orange line, 0.3 km, about 4 min walk) and Dubai Marina (orange line, 0.7 km, about 8 min walk).

  • Dubai Marina MallOrange line · 0.3 km · about 4 min walk
  • DAMAC PropertiesRed line · 0.7 km · about 8 min walk
  • Jumeirah Lake TowersRed line · 0.7 km · about 8 min walk
  • Dubai MarinaOrange line · 0.7 km · about 8 min walk
  • Jumeirah Lake TowersOrange line · 0.8 km · about 10 min walk
  • Jumeirah Beach Residence 1Orange line · 0.9 km · about 11 min walk

Shopping and groceries near Armada 1

The closest is Dubai Marina Mall, 0.5 km from Armada 1 (about 6 min walk).

  • Dubai Marina MallShopping Mall · 0.5 km · about 6 min walk
  • Marina MallShopping Mall · 0.5 km · about 6 min walk
  • Wafi MallShopping Mall · 0.5 km · about 6 min walk
  • Al Maya / Bahar 6, Jumeirah Beach ResidenceSupermarket · 0.9 km · about 11 min walk
  • Al Maya / Dream Tower, Dubai MarinaSupermarket · 1 km · about 12 min walk

Restaurants and hotels near Armada 1

The closest is Bonnington Jumeirah Lakes Towers, 0.4 km from Armada 1 (about 5 min walk).

  • Bonnington Jumeirah Lakes TowersHotel · 0.4 km · about 5 min walk
  • Radisson Blu Residence, Dubai MarinaHotel · 0.5 km · about 6 min walk
  • The Address Dubai MarinaHotel · 0.9 km · about 11 min walk
  • Suha Hotel ApartmentsHotel · 0.9 km · about 11 min walk
  • Oasis Beach Tower ApartmentsHotel · 1 km · about 12 min walk

Hospitals and clinics near Armada 1

The closest is Armada Medical Centre, 0.1 km from Armada 1 (about 2 min walk).

  • Armada Medical CentreHospital · 0.1 km · about 2 min walk
  • Dr Marc Mueller VIP ClinicHospital · 1.2 km · about 14 min walk
  • Cosmesurge & Emirates HospitalHospital · 1.3 km · about 5 min drive
  • Eternity Medicine Institute DubaiHospital · 1.4 km · about 5 min drive
  • Eternity Medicine InstituteHospital · 1.8 km · about 6 min drive

Parks and leisure near Armada 1

The closest is JBR Beach, 1 km from Armada 1 (about 12 min walk).

  • JBR BeachPark · 1 km · about 12 min walk

Schools near Armada 1

The nearest is EMIRATES INTERNATIONAL SCHOOL MEADOWS, 1.6 km away. Ratings are the KHDA's latest inspection grades.

  • EMIRATES INTERNATIONAL SCHOOL MEADOWSInternational Baccalaureate - International Baccalaureate (1 · KHDA: Very good · 1.6 km
  • Regent International Private School L.L.CUK · KHDA: Very good · 3.3 km
  • Dubai British SchoolUK · KHDA: Outstanding · 3.4 km
  • Icademy Middle East Fz.LlcAmerican · KHDA: Not inspected yet · 3.4 km
  • Dubai International Academy L.L.CInternational Baccalaureate - International Baccalaureate (1 · KHDA: Outstanding · 3.5 km
  • Dubai British School Jumeirah ParkUK · KHDA: Outstanding · 3.7 km

Other buildings in Al Thanyah Fifth

Al Thanyah Fifth has 133 buildings. A few others to compare Armada 1 with:

All 133 Al Thanyah Fifth buildings →

Things to consider about Armada 1

In its favour

  • DAMAC Properties metro station is within walking distance.
  • Owners who resold have made money: a median gain of up to 22%.
  • A median gross yield of 7.4% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • Service charges of up to AED 30.11 per sq ft are on the higher side for Dubai.
  • Completed 14 years ago: ask about maintenance and any planned refurbishment.

Specialists

Brokers who know Armada 1

These brokers handle sales and lettings in Armada 1 and can tell you what is available now.

FAQs

Armada 1: questions answered

Armada 1 was developed by Dmcc in Al Thanyah Fifth.

Armada 1 is completed in Q1 2012.

Across its 18 most recent registered sales, Armada 1 sold for a median of AED 1,192 per sq ft and AED 967.5K per unit.

Recent yearly contracts in Armada 1 have a median rent of AED 83.5K.

The median gross yield on recently sold units in Armada 1 is 7.4%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in Armada 1 is AED 16.57 per sq ft a year, as registered with the Dubai Land Department.

Armada 1 has Studio (480 sq ft), 1 Bed (460 to 3,020 sq ft), 2 Beds (980 to 1,510 sq ft), 4 Beds (3,920 to 5,940 sq ft), Commercial (430 to 9,490 sq ft).

Dubai Marina Mall is about 0.3 km from Armada 1.

The nearest schools include EMIRATES INTERNATIONAL SCHOOL MEADOWS (1.6 km), Regent International Private School L.L.C (3.3 km), Dubai British School (3.4 km).

Buying, selling or renting in Armada 1?

A broker who works Al Thanyah Fifth will tell you what is available and what comparable homes went for.

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