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Studio · 364 sqftAlexis Tower, Jebel Ali Free Zone · 15th floor · completed 2024

1506, 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 1506 · DLD and Ejari recordsUpdated 5 July 2026
Last soldAED 273K16 March 2022
Current rentAED 44K /yr5 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1506, Alexis Tower

What is 1506 worth today?

Last sold for AED 272,975 in 2022

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5 Jul 2026RentedRenewal
AED 44,000/yr12 months · AED 124 per sqft
5 Jul 2025RentedNew contract
AED 44,000/yr12 months · AED 124 per sqft
16 Mar 2022Sold by developerOff-plan
AED 272,975AED 749 per sqft

Source: Dubai Land Department. Updated 5 July 2026.

Key facts

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

About 1506, Alexis Tower

1506 is a studio of 364 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 16 March 2022 for AED 272,975, or AED 749 per sqft, 38% 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 5 July 2026, is AED 44,000 a year: a gross yield of 16.1% on the 2022 price.

Sales and rents for 1506 over time

Sales
Unit 1506, 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 749 per sqft)

1506 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1506, each contractTypical studio in Alexis Tower
43K44K44K202520262027Typical rent by year: 2025 AED 44,000; 2026 AED 43,000New contract, July 2025: AED 44,000 a yearRenewal, July 2026: AED 44,000 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 1506 sits

All 258 studios →

1506 last sold in March 2022 at AED 749 per sqft, 38% 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. 1506's AED 44,000 is in the lower 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
1504StudioAED 273K · Mar 2022
1505StudioAED 455K · Aug 2022
1507StudioAED 439K · Nov 2021
1508StudioAED 661K · Dec 2025
1–7 of 25

1506, Alexis Tower in numbers

  • Sold once: by Reportage Prime Properties on 16 March 2022 for AED 272,975, or AED 749 per sqft.
  • Rented since July 2025 on 2 Ejari contracts, at AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2022 price is 16.1%.
  • 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 5 July 2026.

Questions about 1506, Alexis Tower

What did unit 1506 last sell for?

AED 272,975 on 16 March 2022, sold by the developer: AED 749 per sqft for 364 sqft. It is the only registered sale of the unit.

What is the rent for unit 1506?

AED 44,000 a year on the contract renewed on 5 July 2026. The previous contract, from July 2025, was AED 44,000.

How big is unit 1506?

364 sqft (33.8 sqm): a studio on the 15th floor of a 16-storey tower completed in 2024.

What is unit 1506 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 1506, Alexis Tower

Starts from the last sale price (AED 273K, 16 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 →