508, Alexis Tower
Sold prices and rental history: sold once, by the developer in July 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Alexis Tower
What is 508 worth today?
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Source: Dubai Land Department. Updated 6 July 2023.
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 1,218 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 508 over time
508 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 508 sits
All 238 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 1,218). Over the last 12 months studios sold for AED 492,170 to 560,000, around AED 1,510 per sqft, and rent for AED 44,000 to 55,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Feb 20269 February 2026 | 351 sqft | 530,000 | 1,510 | ||
| 5 Feb 20265 February 2026 | 362 sqft | 560,000 | 1,548 | ||
| 19 Jan 202619 January 2026 | 351 sqft | 535,000 | 1,525 | ||
| 18 Jan 202618 January 2026 | 364 sqft | 530,000 | 1,457 |
Alexis Tower
Building362 apartments, studios to 2-bed over 16 floors in Jebel Ali Free Zone, completed in 2024 by Reportage Prime Properties. 15 sold in the last 12 months.
- Typical price per sqft
- AED 1,475 Up 19.3%
- Typical sale
- AED 530K
- Typical rent
- AED 50K /yr
- Typical yield
- 8.8%
Other units on the 5th floor
All 362 units in Alexis Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 364 sqft | AED 275KAED 275,000 · Nov 2022November 2022 | ||
| 502 | Studio | 339 sqft | AED 275KAED 275,000 · Nov 2022November 2022 | ||
| 503 | 1-bed | 712 sqft | AED 560KAED 560,000 · Jan 2024January 2024 | ||
| 504 | Studio | 339 sqft | AED 425KAED 424,710 · Feb 2022February 2022 | 60,000 /yr | |
| 505 | Studio | 344 sqft | AED 429KAED 429,000 · Feb 2022February 2022 | ||
| 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 | ||
| 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 | ||
| 514 | 1-bed | 702 sqft | AED 642KAED 642,292 · Dec 2021December 2021 | ||
| 515 | Studio | 366 sqft | AED 385KAED 385,000 · Dec 2021December 2021 | ||
| 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 | ||
| 518 | Studio | 312 sqft | AED 295KAED 295,000 · Mar 2022March 2022 | ||
| 519 | 1-bed | 605 sqft | AED 710KAED 710,000 · Jan 2025January 2025 | ||
| 520 | 1-bed | 612 sqft | AED 618KAED 618,000 · Mar 2024March 2024 | 64,000 /yr | |
| 521 | Studio | 323 sqft | AED 455KAED 455,000 · Feb 2025February 2025 | 38,000 /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 | ||
| 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 |
508, Alexis Tower in numbers
- Sold once: by Reportage Prime Properties on 6 July 2023 for AED 317,372, or AED 881 per sqft.
- Studios in Alexis Tower sold for AED 492,170–560,000 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 6 July 2023.
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.
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 492,170 to 560,000 in the last 12 months, around AED 1,510 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 AED 16,240 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →