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Studio · 360 sqftAlexis Tower, Jebel Ali Free Zone · 5th floor · completed 2024

508, Alexis Tower

Sold prices and rental history: sold once, by the developer in July 2023, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 317K6 July 2023
Current rentAED 42K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Alexis Tower

What is 508 worth today?

Last sold for AED 317,372 in 2023

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1 Jul 2026RentedNew contract
AED 42,000/yr12 months · AED 118 per sqft
6 Jul 2023Sold by developerOff-plan
AED 317,372AED 881 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
5th of 16
Parking
1
Developer
Reportage Prime Properties
Completed
2024
Last sold
AED 317K · July 2023
Building
Alexis Tower

About 508, Alexis Tower

508 is a studio of 360 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 6 July 2023 for AED 317,372, or AED 881 per sqft, 28% below the AED 1,227 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 July 2026. The current contract, signed on 1 July 2026, is AED 42,000 a year: a gross yield of 13.2% on the 2023 price.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical studio in Alexis Tower
300K400K500K2021202320252027Typical 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, July 2023: AED 317,372 (AED 881 per sqft)

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

Rents
Unit 508, each contractTypical studio in Alexis Tower
42K43K44K202520262027Typical rent by year: 2025 AED 44,000; 2026 AED 43,000New contract, July 2026: 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 508 sits

All 258 studios →

508 last sold in July 2023 at AED 881 per sqft, 28% below what studios in Alexis Tower were fetching at the time (AED 1,227). 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. 508'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
505StudioAED 429K · Feb 2022
506StudioAED 391K · Jan 2025
507StudioAED 429K · May 2022
1–7 of 25

508, Alexis Tower in numbers

  • Sold once: by Reportage Prime Properties on 6 July 2023 for AED 317,372, or AED 881 per sqft.
  • Rented since July 2026 on one Ejari contract, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2023 price is 13.2%.
  • 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 1 July 2026.

Questions about 508, Alexis Tower

What did unit 508 last sell for?

AED 317,372 on 6 July 2023, sold by the developer: AED 881 per sqft for 360 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 42,000 a year on the contract signed on 1 July 2026.

How big is unit 508?

360 sqft (33.4 sqm): a studio on the 5th floor of a 16-storey tower completed in 2024.

What is unit 508 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 508, Alexis Tower

Starts from the last sale price (AED 317K, 6 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 317,372
Deposit, UAE resident (20%)
AED 63,474
Deposit, non-resident (40%)
AED 126,949
Monthly over 25 years at 3.7%
AED 1,298

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