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Studio · 313 sqftAlexis Tower, Jebel Ali Free Zone · 5th floor · completed 2024

524, Alexis Tower

Sold prices and rental history: sold once, by the developer in August 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 524 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 442K22 August 2024
Current rentAED 45K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 524, Alexis Tower

What is 524 worth today?

Last sold for AED 441,835 in 2024

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1 Jun 2026RentedNew contract
AED 45,000/yr12 months · AED 144 per sqft
28 Jul 2025RentedNew contract
AED 45,000/yr12 months · AED 144 per sqft
28 Jul 2025RentedNew contract
AED 45,000/yr12 months · AED 144 per sqft
22 Aug 2024Sold by developerOff-plan
AED 441,835AED 1,398 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
Studio apartment
Size
313 sqft
Floor
5th of 16
Parking
B3-33
Developer
Reportage Prime Properties
Completed
2024
Last sold
AED 442K · August 2024
Building
Alexis Tower

About 524, Alexis Tower

524 is a studio of 313 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 22 August 2024 for AED 441,835, or AED 1,398 per sqft, 12% above the AED 1,251 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 1 June 2026, is AED 45,000 a year: a gross yield of 10.2% on the 2024 price.

Sales and rents for 524 over time

Sales
Unit 524, 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, August 2024: AED 441,835 (AED 1,398 per sqft)

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

Rents
Unit 524, each contractTypical studio in Alexis Tower
43K44K45K202520262027Typical rent by year: 2025 AED 44,000; 2026 AED 43,000New contract, July 2025: AED 45,000 a yearNew contract, July 2025: AED 45,000 a yearNew contract, June 2026: AED 45,000 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 524 sits

All 258 studios →

524 last sold in August 2024 at AED 1,398 per sqft, 12% above what studios in Alexis Tower were fetching at the time (AED 1,251). 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. 524's AED 45,000 is in the upper 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

524, Alexis Tower in numbers

  • Sold once: by Reportage Prime Properties on 22 August 2024 for AED 441,835, or AED 1,398 per sqft.
  • Rented since July 2025 on 3 Ejari contracts, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2024 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 1 June 2026.

Questions about 524, Alexis Tower

What did unit 524 last sell for?

AED 441,835 on 22 August 2024, sold by the developer: AED 1,398 per sqft for 313 sqft. It is the only registered sale of the unit.

What is the rent for unit 524?

AED 45,000 a year on the contract signed on 1 June 2026. The previous contract, from July 2025, was AED 45,000; the unit has been rented since July 2025.

How big is unit 524?

313 sqft (29.1 sqm): a studio on the 5th floor of a 16-storey tower completed in 2024.

What is unit 524 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 524, Alexis Tower

Starts from the last sale price (AED 442K, 22 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 441,835
Deposit, UAE resident (20%)
AED 88,367
Deposit, non-resident (40%)
AED 176,734
Monthly over 25 years at 3.7%
AED 1,808

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