515, Alexis Tower
Sold prices and rental history: sold once, by the developer in December 2021, and rented once, from July 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 515, Alexis Tower
What is 515 worth today?
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Source: Dubai Land Department. Updated 5 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 366 sqft
- Floor
- 5th of 16
- Parking
- 1
- Developer
- Reportage Prime Properties
- Completed
- 2024
- Last sold
- AED 385K · December 2021
- Building
- Alexis Tower
About 515, Alexis Tower
515 is a studio of 366 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 27 December 2021 for AED 385,000, or AED 1,050 per sqft, 11% below the AED 1,178 studios in the building were fetching at the time.
One Ejari contract is registered, from 5 July 2025. The current contract, signed on 5 July 2025, is AED 42,000 a year: a gross yield of 10.9% on the 2021 price.
Sales and rents for 515 over time
515 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 515 sits
All 258 studios →515 last sold in December 2021 at AED 1,050 per sqft, 11% below what studios in Alexis Tower were fetching at the time (AED 1,178). 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. 515's AED 42,000 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 | |
| 502 | Studio | 339 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 | |
| 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 |
515, Alexis Tower in numbers
- Sold once: by Reportage Prime Properties on 27 December 2021 for AED 385,000, or AED 1,050 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 2021 price is 10.9%.
- 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 2025.
Questions about 515, Alexis Tower
What did unit 515 last sell for?
AED 385,000 on 27 December 2021, sold by the developer: AED 1,050 per sqft for 366 sqft. It is the only registered sale of the unit.
What is the rent for unit 515?
AED 42,000 a year on the contract signed on 5 July 2025.
How big is unit 515?
366 sqft (34.0 sqm): a studio on the 5th floor of a 16-storey tower completed in 2024.
What is unit 515 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 515, Alexis Tower
Starts from the last sale price (AED 385K, 27 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 385,000
- Deposit, UAE resident (20%)
- AED 77,000
- Deposit, non-resident (40%)
- AED 154,000
- Monthly over 25 years at 3.7%
- AED 1,575
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →