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Studio · 344 sqftAlexis Tower, Jebel Ali Free Zone · 5th floor · completed 2024

505, Alexis Tower

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

Unit 505 · DLD and Ejari recordsUpdated 27 July 2025
Last soldAED 429K25 February 2022
Current rentAED 42K /yr27 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 505, Alexis Tower

What is 505 worth today?

Last sold for AED 429,000 in 2022

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27 Jul 2025RentedNew contract
AED 42,000/yr12 months · AED 124 per sqft
25 Feb 2022Sold by developerOff-plan
AED 429,000AED 1,246 per sqft

Source: Dubai Land Department. Updated 27 July 2025.

Key facts

Type
Studio apartment
Size
344 sqft
Floor
5th of 16
Parking
1
Developer
Reportage Prime Properties
Completed
2024
Last sold
AED 429K · February 2022
Building
Alexis Tower

About 505, Alexis Tower

505 is a studio of 344 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 25 February 2022 for AED 429,000, or AED 1,246 per sqft, 4% above the AED 1,199 studios in the building were fetching at the time.

One Ejari contract is registered, from 27 July 2025. The current contract, signed on 27 July 2025, is AED 42,000 a year: a gross yield of 9.8% on the 2022 price.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical studio in Alexis Tower
400K500K2021202320252027Typical 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, February 2022: AED 429,000 (AED 1,246 per sqft)

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

Rents
Unit 505, each contractTypical studio in Alexis Tower
42K43K44K202520262027Typical rent by year: 2025 AED 44,000; 2026 AED 43,000New contract, July 2025: AED 42,000 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 505 sits

All 258 studios →

505 last sold in February 2022 at AED 1,246 per sqft, 4% above what studios in Alexis Tower were fetching at the time (AED 1,199). 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. 505's AED 42,000 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 5th floor

All 369 units in Alexis Tower
Value
501StudioAED 275K · Nov 2022
502StudioAED 275K · Nov 2022
5031-bedAED 560K · Jan 2024
504StudioAED 425K · Feb 2022
506StudioAED 391K · Jan 2025
507StudioAED 429K · May 2022
508StudioAED 317K · Jul 2023
1–7 of 25

505, Alexis Tower in numbers

  • Sold once: by Reportage Prime Properties on 25 February 2022 for AED 429,000, or AED 1,246 per sqft.
  • Rented since July 2025 on one Ejari contract, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2022 price is 9.8%.
  • 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 27 July 2025.

Questions about 505, Alexis Tower

What did unit 505 last sell for?

AED 429,000 on 25 February 2022, sold by the developer: AED 1,246 per sqft for 344 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 42,000 a year on the contract signed on 27 July 2025.

How big is unit 505?

344 sqft (32.0 sqm): a studio on the 5th floor of a 16-storey tower completed in 2024.

What is unit 505 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 505, Alexis Tower

Starts from the last sale price (AED 429K, 25 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 429,000
Deposit, UAE resident (20%)
AED 85,800
Deposit, non-resident (40%)
AED 171,600
Monthly over 25 years at 3.7%
AED 1,755

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