Alexis Tower
✓ Resale Available

Alexis Tower

From AED 550,000·Completed Aug 2024·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 550,000
Starting Price
Aug 2024
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
Studio · Apartments
Type

Project Overview

Alexis Tower is a modern residential complex developed by a major developer Reportage Properties. The building includes 3 basement floors, a ground floor and 16 residential levels. The project includes 259 studios, 98 one-bedroom apartments and 13 two-bedroom apartments. All residences have a modern interior design and panoramic windows. At the disposal of residents and guests of the Alexis Tower will be the following amenities: shopping pavilions on the first levels of the building, walking and recreation areas with landscaped gardens, a large outdoor pool with sun loungers by the water, a children's pool, a gym, satellite TV and Internet, parking on the ground floors of the building. Near the complex there are well-groomed park areas and a promenade where you can relax with your family and children. The complex is located among a large number of shopping facilities in Jebel Ali, Dubai, and there are also a number of good schools and kindergartens for children, medical centers, cafes and restaurants nearby. Located in the heart of Dubai's industrial life, the Alexis Tower is just a 20-minute drive from the city's largest Expo 2020 venue. The complex is a two-minute walk from the UAE Exchange Metro station, and there is also an exit to a major highway that provides quick access to the neighboring Emirate of Abu Dhabi.

Project Specifications
DeveloperReportage Properties
LocationDowntown Jebel Ali
Unit TypesStudio, Apartments
AreaDowntown Jebel Ali
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 23,733 / year
Cash-on-Cash
1.8%
Levered cashflow AED 5,583
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 35,750 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Alexis Tower launch basis611AED 550,000Current launch / asking basis
Downtown Jebel Ali ready-stock comps2,400AED 2.16MIndicative resale benchmark
Downtown Jebel Ali premium peer launches2,900AED 2.61MNew-launch peer set
Trophy alternative proxy3,600AED 3.24MHigher-end anchor for negotiation context

Gallery

Alexis Tower — View 2
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Alexis Tower official render 1

Alexis Tower official render 1

Alexis Tower official render 2

Alexis Tower official render 2

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Alexis Tower official render 9

Alexis Tower official render 10

Alexis Tower official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Reportage Properties.

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Flexible Payment

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Amenities & Lifestyle

Adults Pool
BBQ
Children’s pool
Covered Parking
Covered gym
Crossfit zone
Dining outlets (coffee houses & restaurants)
Floral Garden
Kids Play Area
Landscaped garden
Leisure areas
Lift
Lounge
Meditation Garden
Open air gym
Parking
Pool Deck
Pool Lounge
Private pool
Retail outlets
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness
Temperature-Controlled Swimming Pool

Location

Downtown Jebel Ali

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Downtown Jebel AliDowntown Jebel AliDubai, UAE

Developer Track Record

01

Alexis Tower by Reportage Properties

02

Located in Downtown Jebel Ali

03

Starting from AED 550,000

04

Unit mix includes Studio, Apartments

05

Expected handover: Aug 2024

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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