502, Alexis Tower
Sold prices and rental history: sold once, by the developer in November 2022, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Alexis Tower
What is 502 worth today?
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Source: Dubai Land Department. Updated 25 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 339 sqft
- Floor
- 5th of 16
- Parking
- 1
- Developer
- Reportage Prime Properties
- Completed
- 2024
- Last sold
- AED 275K · November 2022
- Building
- Alexis Tower
About 502, Alexis Tower
502 is a studio of 339 sqft on the 5th 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 17 November 2022 for AED 275,000, or AED 811 per sqft, 35% below the AED 1,246 studios in the building were fetching at the time.
One Ejari contract is registered, from 25 July 2026. The current contract, renewed on 25 July 2026, is AED 43,000 a year: a gross yield of 15.6% on the 2022 price.
Sales and rents for 502 over time
502 has sold once; the dashed line is the studio median of each year in the building.
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 502 sits
All 258 studios →502 last sold in November 2022 at AED 811 per sqft, 35% below what studios in Alexis Tower were fetching at the time (AED 1,246). 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. 502's AED 43,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 348 sqft | 562,000 | 1,614 | ||
| 24 Jul 202624 July 2026 | 357 sqft | 510,000 | 1,427 | ||
| 17 Jul 202617 July 2026 | 250 sqft | 300,000 | 1,199 | ||
| 9 Jun 20269 June 2026 | 343 sqft | 530,000 | 1,544 |
Alexis Tower
Building369 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%
Other units on the 5th floor
All 369 units in Alexis Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 364 sqft | AED 275KAED 275,000 · Nov 2022November 2022 | 43,000 /yr | |
| 503 | 1-bed | 712 sqft | AED 560KAED 560,000 · Jan 2024January 2024 | 62,000 /yr | |
| 504 | Studio | 333 sqft | AED 425KAED 424,710 · Feb 2022February 2022 | 55,000 /yr | |
| 505 | Studio | 344 sqft | AED 429KAED 429,000 · Feb 2022February 2022 | 42,000 /yr | |
| 506 | Studio | 364 sqft | AED 391KAED 391,020 · Jan 2025January 2025 | 40,000 /yr | |
| 507 | Studio | 347 sqft | AED 429KAED 429,000 · May 2022May 2022 | ||
| 508 | Studio | 360 sqft | AED 317KAED 317,372 · Jul 2023July 2023 | 42,000 /yr | |
| 509 | 1-bed | 720 sqft | AED 590KAED 590,000 · Jun 2025June 2025 | ||
| 510 | Studio | 368 sqft | AED 598KAED 598,000 · Oct 2024October 2024 | 40,000 /yr | |
| 511 | 1-bed | 706 sqft | AED 790KAED 790,000 · Mar 2025March 2025 | ||
| 512 | Studio | 366 sqft | AED 388KAED 388,050 · Apr 2023April 2023 | ||
| 513 | Studio | 348 sqft | AED 490KAED 490,000 · Jun 2025June 2025 | 45,000 /yr | |
| 514 | 1-bed | 702 sqft | AED 642KAED 642,292 · Dec 2021December 2021 | 60,009 /yr | |
| 515 | Studio | 366 sqft | AED 385KAED 385,000 · Dec 2021December 2021 | 42,000 /yr | |
| 516 | Studio | 358 sqft | AED 500KAED 500,000 · Sep 2024September 2024 | 42,000 /yr | |
| 517 | 1-bed | 673 sqft | AED 855KAED 854,979 · Oct 2021October 2021 | 65,000 /yr | |
| 518 | Studio | 312 sqft | AED 295KAED 295,000 · Mar 2022March 2022 | 50,000 /yr | |
| 519 | 1-bed | 605 sqft | AED 710KAED 710,000 · Jan 2025January 2025 | ||
| 520 | 1-bed | 612 sqft | AED 618KAED 618,000 · Mar 2024March 2024 | 62,000 /yr | |
| 521 | Studio | 323 sqft | AED 455KAED 455,000 · Feb 2025February 2025 | 40,000 /yr | |
| 522 | Studio | 298 sqft | AED 480KAED 480,000 · Apr 2025April 2025 | 44,000 /yr | |
| 523 | Studio | 312 sqft | AED 355KAED 355,000 · Jul 2023July 2023 | 45,000 /yr | |
| 524 | Studio | 313 sqft | AED 442KAED 441,835 · Aug 2024August 2024 | 45,000 /yr | |
| 525 | Studio | 314 sqft | AED 236KAED 236,000 · Apr 2025April 2025 | ||
| 526 | 2-bed | 823 sqft | AED 833KAED 833,300 · Aug 2021August 2021 | 80,000 /yr |
502, Alexis Tower in numbers
- Sold once: by Reportage Prime Properties on 17 November 2022 for AED 275,000, or AED 811 per sqft.
- Rented since July 2026 on one Ejari contract, at AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2022 price is 15.6%.
- 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 25 July 2026.
Questions about 502, Alexis Tower
What did unit 502 last sell for?
AED 275,000 on 17 November 2022, sold by the developer: AED 811 per sqft for 339 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 43,000 a year on the contract renewed on 25 July 2026.
How big is unit 502?
339 sqft (31.5 sqm): a studio on the 5th floor of a 16-storey tower completed in 2024.
What is unit 502 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 502, Alexis Tower
Starts from the last sale price (AED 275K, 17 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 275,000
- Deposit, UAE resident (20%)
- AED 55,000
- Deposit, non-resident (40%)
- AED 110,000
- Monthly over 25 years at 3.7%
- AED 1,125
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →