Almas Tower

Almas Tower
Executive Factsheet • AI Overview & Quick Facts
Executive Summary: Almas Tower is a premier high-rise landmark standing 360 m (68 storeys) in Jumeirah Lakes Towers (JLT), designed by Atkins and developed by DMCC / Nakheel (completed 2008). The property holds 100% foreign freehold ownership registration with the Dubai Land Department (DLD).
Architectural History & Significance
Archive ID: almas-towerThe diamond-shaped crown jewel and headquarters of the Dubai Multi Commodities Centre (DMCC). Features the world's most secure subterranean precious gem and bullion vaults.
Architectural & Engineering Highlights
- ✓Stands on its own dedicated artificial island in the center of JLT Lake
- ✓Diamond-cut multi-faceted glass facade reflecting desert sunlight
- ✓Houses the Dubai Diamond Exchange and state-of-the-art secure vaults
Resident Reality Check & Operational Truth
Almas Tower in Jumeirah Lakes Towers (JLT) is a verified commercial asset with an official height of 360 m (68 storeys). Engineered with a reinforced concrete core with radial outriggers, it delivers solid structural stability and an estimated yield of 8.6% Net.
- •Engineered with twin-lobed elliptical concrete core wall system ensuring excellent lateral and wind stability.
- •Vertical transport powered by Kone with a peak rush hour wait time of < 30 seconds.
- •Prime location within Jumeirah Lakes Towers (JLT) with strong capital liquidity and proven tenant demand.
- •Annual service charges stand at 18 AED/sq.ft, which must be factored into net rental yield.
- •DEWA electrical tariffs fluctuate during peak summer cooling months due to heavy AC draw.
- •Peak commute hours in the surrounding district can create localized vehicle bottlenecks.
Floor Plans & Living Typologies
Official unit dimensions, room breakdown, and net-to-gross living efficiency in Almas Tower.
- ✓Floor-to-ceiling Low-E double glazing with acoustic acoustic dampening
- ✓En-suite master bath with dual vanity and freestanding soaking tub
- ✓Integrated German appliances (Miele / Siemens or equivalent)
- ✓Deep loggia balcony shielded from high-altitude downdrafts
Dubai Land Department Transaction Ledger
Actual title-deed sales and mortgage transactions in Almas Tower officially registered with DLD.
| Tx ID & Date | Procedure | Unit & Tier | Area | Rate / sq.ft | Total Amount |
|---|---|---|---|---|---|
DLD-TX-2025-74829 2025-10-24 | Sales | 2-Bedroom Executive High Zone (L40-L60) | 1,540 sq.ft | 2,482 AED | 3,822,000 AED ~$1,039,584 |
DLD-TX-2025-70237 2025-10-11 | Sales | 1-Bedroom Suite Mid Zone (L20-L39) | 885 sq.ft | 2,325 AED | 2,058,000 AED ~$559,776 |
DLD-TX-2025-65943 2025-09-29 | Mortgage | 3-Bedroom Residence Sky Tier (L61+) | 2,480 sq.ft | 1,838 AED | 4,557,000 AED ~$1,239,504 |
DLD-TX-2025-57120 2025-09-14 | Sales | 1-Bedroom Suite Low Zone (L05-L19) | 840 sq.ft | 2,375 AED | 1,995,000 AED ~$542,640 |
DLD-TX-2025-50875 2025-08-30 | Sales | 2-Bedroom Executive Mid Zone (L20-L39) | 1,610 sq.ft | 2,305 AED | 3,711,750 AED ~$1,009,596 |
ROI & Investment Calculator: Almas Tower
Interactive rental yield, payback period, and 5-year capital appreciation projection for apartments in Almas Tower.
Net ROI (After Service Charges)
Estimates are indicative, calculated from official DLD transaction registers and DEWA tariff indices. Does not constitute a guaranteed financial offer.
District Location: Jumeirah Lakes Towers (JLT)
Explore neighborhood masterplan, highway exits, rush hour bottlenecks, district cooling provider, and annual service charges in Jumeirah Lakes Towers (JLT).
Engineering Specification Passport (Hard TTX)
Official RERA service charge tariff for property maintenance
Sound insulation rating between residences
Inquire Units in Almas Tower
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