Alexis Tower — project image
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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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 23,732 / year
Cash-on-Cash
2.2%
Levered cashflow AED 5,582
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 253,000 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

Alexis Tower — View 2
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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,...

Published payment summary

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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

Alexis Tower location map
Project location

Nearby Destinations

Downtown Jebel Ali

Developer and Project Facts

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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RERA Registered
Qualified Buyer Flow
Property Enquiries

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

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