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Studio · 371 sqftAlexis Tower, Jebel Ali Free Zone · 15th floor · completed 2024

1504, Alexis Tower

Sold prices and rental history: sold once, by the developer in March 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 20 September 2026
Last soldAED 273K7 March 2022
Current rentAED 45K /yr20 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1504, Alexis Tower

What is 1504 worth today?

Last sold for AED 272,975 in 2022

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20 Sep 2026RentedRenewal
AED 45,000/yr12 months · AED 127 per sqft
20 Sep 2025RentedNew contract
AED 45,000/yr12 months · AED 127 per sqft
7 Mar 2022Sold by developerOff-plan
AED 272,975AED 736 per sqft

Source: Dubai Land Department. Updated 20 September 2026.

Key facts

Type
Studio apartment
Size
371 sqft
Floor
15th of 16
Parking
1
Developer
Reportage Prime Properties
Completed
2024
Last sold
AED 273K · March 2022
Building
Alexis Tower

About 1504, Alexis Tower

1504 is a studio of 371 sqft on the 15th floor of Alexis Tower, a 16-storey tower in Jebel Ali Free Zone completed in 2024 by Reportage Prime Properties . The developer sold it on 7 March 2022 for AED 272,975, or AED 736 per sqft, 39% below the AED 1,204 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 20 September 2026, is AED 45,000 a year: a gross yield of 16.5% on the 2022 price.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical studio in Alexis Tower
400K2021202320252027Typical sale price by year: 2021 AED 404,364; 2022 AED 429,000; 2023 AED 429,000; 2024 AED 470,000; 2025 AED 475,000; 2026 AED 530,000Sold by developer, March 2022: AED 272,975 (AED 736 per sqft)

1504 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1504, each contractTypical studio in Alexis Tower
43K44K45K202520262027Typical rent by year: 2025 AED 44,000; 2026 AED 43,000New contract, September 2025: AED 45,000 a yearRenewal, September 2026: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Alexis Tower, and where 1504 sits

All 258 studios →

1504 last sold in March 2022 at AED 736 per sqft, 39% below what studios in Alexis Tower were fetching at the time (AED 1,204). Over the last 12 months studios sold for AED 300,000 to 660,850, around AED 1,546 per sqft, and rent for AED 30,000 to 60,000 a year. 1504's AED 45,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
2 Oct 2026562,000
24 Jul 2026510,000
17 Jul 2026300,000
9 Jun 2026530,000
22 studio sales in the last 12 months

Alexis Tower

Building

369 apartments, studios to 2-bed over 16 floors in Jebel Ali Free Zone, completed in 2024 by Reportage Prime Properties . 33 sold in the last 12 months.

Typical price per sqft
AED 1,475 Up 19.5%
Typical sale
AED 560K
Typical rent
AED 45K /yr
Typical yield
8.2%
Alexis Tower, Jebel Ali Free Zone: prices, sales and rents →

Other units on the 15th floor

All 369 units in Alexis Tower
Value
1501StudioAED 500K · Nov 2024
1502StudioAED 480K · Jan 2025
15031-bedAED 1.07M · Feb 2026
1505StudioAED 455K · Aug 2022
1506StudioAED 273K · Mar 2022
1507StudioAED 439K · Nov 2021
1508StudioAED 661K · Dec 2025
1–7 of 25

1504, Alexis Tower in numbers

  • Sold once: by Reportage Prime Properties on 7 March 2022 for AED 272,975, or AED 736 per sqft.
  • Rented since September 2025 on 2 Ejari contracts, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 16.5%.
  • Studios in Alexis Tower sold for AED 300,000–660,850 in the 12 months to November 2026; the building's median across all types is AED 1,475 per sqft.

Source: Dubai Land Department. Updated 20 September 2026.

Questions about 1504, Alexis Tower

What did unit 1504 last sell for?

AED 272,975 on 7 March 2022, sold by the developer: AED 736 per sqft for 371 sqft. It is the only registered sale of the unit.

What is the rent for unit 1504?

AED 45,000 a year on the contract renewed on 20 September 2026. The previous contract, from September 2025, was AED 45,000.

How big is unit 1504?

371 sqft (34.5 sqm): a studio on the 15th floor of a 16-storey tower completed in 2024.

What is unit 1504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Alexis Tower sold for AED 300,000 to 660,850 in the last 12 months, around AED 1,546 per sqft.

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Mortgage on 1504, Alexis Tower

Starts from the last sale price (AED 273K, 7 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 272,975
Deposit, UAE resident (20%)
AED 54,595
Deposit, non-resident (40%)
AED 109,190
Monthly over 25 years at 3.7%
AED 1,117

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →