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Studio · 364 sqftAlexis Tower, Jebel Ali Free Zone · 5th floor · completed 2024

506, Alexis Tower

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

Unit 506 · DLD and Ejari recordsUpdated 17 June 2026
Last soldAED 391K21 January 2025
Current rentAED 40K /yr17 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Alexis Tower

What is 506 worth today?

Last sold for AED 391,020 in 2025

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17 Jun 2026RentedRenewal
AED 40,000/yr12 months · AED 109 per sqft
17 Jun 2025RentedNew contract
AED 40,000/yr12 months · AED 109 per sqft
17 Jun 2025RentedNew contract
AED 40,000/yr12 months · AED 109 per sqft
21 Jan 2025Sold by developerOff-plan
AED 391,020AED 1,073 per sqft

Source: Dubai Land Department. Updated 17 June 2026.

Key facts

Type
Studio apartment
Size
364 sqft
Floor
5th of 16
Parking
B3-66
Developer
Reportage Prime Properties
Completed
2024
Last sold
AED 391K · January 2025
Building
Alexis Tower

About 506, Alexis Tower

506 is a studio of 364 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 21 January 2025 for AED 391,020, or AED 1,073 per sqft, 19% below the AED 1,325 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 17 June 2026, is AED 40,000 a year: a gross yield of 10.2% on the 2025 price.

Sales and rents for 506 over time

Sales
Unit 506, 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, January 2025: AED 391,020 (AED 1,073 per sqft)

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

Rents
Unit 506, each contractTypical studio in Alexis Tower
40K42K44K202520262027Typical rent by year: 2025 AED 44,000; 2026 AED 43,000New contract, June 2025: AED 40,000 a yearNew contract, June 2025: AED 40,000 a yearRenewal, June 2026: AED 40,000 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 506 sits

All 258 studios →

506 last sold in January 2025 at AED 1,073 per sqft, 19% below what studios in Alexis Tower were fetching at the time (AED 1,325). 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. 506's AED 40,000 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
505StudioAED 429K · Feb 2022
507StudioAED 429K · May 2022
508StudioAED 317K · Jul 2023
1–7 of 25

506, Alexis Tower in numbers

  • Sold once: by Reportage Prime Properties on 21 January 2025 for AED 391,020, or AED 1,073 per sqft.
  • Rented since June 2025 on 3 Ejari contracts, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2025 price is 10.2%.
  • 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 17 June 2026.

Questions about 506, Alexis Tower

What did unit 506 last sell for?

AED 391,020 on 21 January 2025, sold by the developer: AED 1,073 per sqft for 364 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 40,000 a year on the contract renewed on 17 June 2026. The previous contract, from June 2025, was AED 40,000; the unit has been rented since June 2025.

How big is unit 506?

364 sqft (33.8 sqm): a studio on the 5th floor of a 16-storey tower completed in 2024.

What is unit 506 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 506, Alexis Tower

Starts from the last sale price (AED 391K, 21 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 391,020
Deposit, UAE resident (20%)
AED 78,204
Deposit, non-resident (40%)
AED 156,408
Monthly over 25 years at 3.7%
AED 1,600

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