Here’s a number that turns heads:
Investors in Alexis Tower are seeing rental returns of around 6–8% annually.
In a world where bank savings barely keep up with inflation, that deserves a closer look. But Alexis Tower isn’t just about returns and spreadsheets it’s about practical, everyday living in a community that actually works.
This guide walks you through everything you need to know as a buyer, investor, or tenant.
What Exactly is Alexis Tower?
Alexis Tower is a 23-storey residential building in Dubai Silicon Oasis (DSO), developed by SCHON Properties. It’s not trying to compete with the glitz of Dubai Marina or the drama Downtown. Instead, it plays its strengths: functional apartments, realistic prices, and a location that makes daily life easy.
The building has 344 apartments, with three main unit types:
- Studios (400–550 sq. ft.)
- Ideal for single professionals, newcomers to Dubai, or investors wanting an easy-to-rent starter unit.
- 1-Bedroom Apartments (650–900 sq. ft.)
- Suitable for couples or professionals who want a proper living room separate from their bedroom.
- 2-Bedroom Apartments (up to ~1,400 sq. ft.)
- Great for small families, people who work from home, or those who like having a spare room.
Inside, you’ll find:
- Fitted kitchens with decent appliances
- Built-in wardrobes
- Sensible tiling and finishes
- Windows that handle Dubai heat reasonably well
You’re not getting ultra-luxury, but you’re not getting cut corners either. It’s honest, usable space.
The Location – Why Dubai Silicon Oasis Makes Sense
Let’s be honest: Dubai Silicon Oasis doesn’t have the glamour of Dubai Marina or the prestige of Downtown. But here’s what it does have practicality.
DSO is a tech hub. Over 900 companies operate here, from startups to big names. That means thousands of professionals need housing nearby. If you’re renting your apartment, your tenant pool is already built.
Getting around is easier than you’d think. Dubai Airport? 15 minutes. Downtown Dubai? About 20 minutes on Sheikh Mohammed Bin Zayed Road. You’re not in the middle of nowhere – you’re just away from chaos.
For everyday life, Silicon Central Mall is within walking distance. We’re talking about 200+ shops, a big Carrefour for groceries, a cinema, and plenty of places to eat. You won’t need to drive across town for basic errands.
Schools are nearby too – GEMS Wellington, Delhi Private School, and Manipal University are all close. If you have kids or plan to, this matters a lot.
What Amenities Do You Actually Get?
Some buildings promise the world and deliver a broken gym. Alexis Tower keeps things realistic but delivers what it offers.
Swimming Pool – It’s temperature-controlled, so you can use it year-round. Not Olympic-sized, but perfectly fine for a morning swim or a weekend cool-down.
Gym – Decent equipment for cardio and weights. It won’t replace a fancy fitness club, but it’s convenient and included in your service charges.
Kids’ Play Area – Safe and supervised. If you have young children, they can burn energy without you worrying.
Security – 24/7 guards, CCTV cameras everywhere, and controlled building access. You can sleep easy.
Parking – One covered spot per apartment. Need more? You can usually arrange that for an extra fee.
The building is well maintained. The lobby is clean, the elevators work, and when something breaks, it gets fixed. That might sound basic, but ask anyone who’s lived in a poorly managed building – maintenance matters.
Let’s Talk Money – Buying Prices
Here’s where things get interesting. Compared to trendier Dubai areas, Alexis Tower is genuinely affordable.
Studios go for around AED 300,000 to AED 400,000. Your exact price depends on which floor you’re on and what view you get. Higher floors with open views cost more – that’s just how it works.
One-bedroom apartments range from AED 480,000 to AED 650,000. Corner units and higher floors sit at the top of that range.
Two bedrooms will set you back from AED 750,000 to AED 1,000,000. It sounds like a lot until you compare it to a similar-sized apartment in Dubai Marina (easily double the price).
Service charges run about AED 12-15 per square foot per year. For a one-bedroom apartment, that’s roughly AED 8,000-12,000 annually. This covers building maintenance, security, pool upkeep, and all the common areas.
Rental Prices – What Tenants Are Paying
If you’re looking to rent here, here’s what to budget:
Studios – AED 26,000 to AED 34,000 per year
One-Bedrooms – AED 40,000 to AED 52,000 per year
Two-Bedrooms – AED 58,000 to AED 78,000 per year
Furnished apartments sit at a higher end. Ground floor units tend to be cheaper. Most landlords accept payment in 2-4 cheques, though some want the full year upfront.
Compared to other DSO buildings, these rates are competitive. You’re paying for a well-maintained building with proper amenities – not the cheapest option, but not overpriced.
The Investment Angle – Does the Math Work?
Okay, let’s get into why investors like this building.
A studio bought for AED 350,000 and rented for AED 30,000 annually gives you roughly an 8.5% gross yield. Factor in service charges and the occasional vacancy, and you’re still looking at 6-7% net returns.
Compare property investments in London (2-3%), New York (3-4%), or even Dubai Marina (4-5%). Alexis Tower punches above its weight.
Why does it work? Simple – demand. Tech professionals working in DSO need housing. Families want affordable apartments near good schools. Young couples are priced out of fancier areas but still want quality. Alexis Tower ticks boxes for all these groups.
Property values have also been climbing. DSO has seen 5-7% annual appreciation over the past five years. That’s not Dubai circa 2007 growth, but it’s steady and sustainable.
And here’s the kicker – no taxes. No property tax, no income tax on your rental earnings, no capital gains tax when you sell. Whatever you earn, you keep.
Who Actually Lives Here?
Alexis Tower attracts a stable, long-term crowd, including:
- IT and tech professionals working in DSO
- Young families upgrading from smaller units
- Entrepreneurs and freelancers using DSO’s free zone benefits
- University staff and students from nearby institutions
The vibe is more “settled community” than party lifestyle:
- Kids playing in the common areas
- Neighbors who say hi in the lifts
- Fewer weekend-all-night parties
For residents, that translates to peace of mind. For investors, it means lower tenant turnover and more consistent occupancy.
How Does It Stack Up Against Other DSO Buildings?
You’ve got options in Dubai Silicon Oasis. Le Presidium, Palace Tower, Axis Residence, and the various Binghatti buildings are all nearby. So why consider Alexis Tower?
Value for money – Alexis Tower typically costs 5-15% less per square foot than the newest buildings while offering comparable quality.
Track record – It’s been around long enough that you know what you’re getting. No construction delays, no surprise defects, no “let’s see how this ages” uncertainty.
Proven rental demand – The building has an established tenant history. You can check actual rental data instead of relying on developer projections.
Stable community – Lower turnover means fewer vacant months for investors and a more settled atmosphere for residents.
Newer buildings might have shinier lobbies or trendier designs, but Alexis Tower offers something more valuable: predictability. You know what the service charges are, how management handles problems, and what kind of neighbors you’ll have.
The Bottom Line – Should You Consider Alexis Tower?
Let’s wrap this up with some straight talk.
If you’re an investor: The numbers work. Rental yields are strong, demand is consistent, and the entry price is reasonable. It’s not a get-rich-quick play, but it’s a solid addition to a property portfolio.
If you’re buying a home: You get a comfortable apartment in a practical location at a price that doesn’t require stretching your budget to breaking point. It won’t impress your friends the way a Palm Jumeirah address might, but you’ll actually enjoy living there.
If you’re renting: You’re paying fair market rates for a well-maintained building with real amenities. The location works for commuting, and the community is stable and friendly.
What’s the Catch?
Alexis Tower isn’t:
- Beachfront
- Ultra-luxury
- A status symbol address
If you want a “wow” factor every time you share your location on Instagram, this isn’t it.
But if you care more about value, stability, and returns that actually make financial sense – it deserves a serious look.
Next Step: See It Yourself
Reading this is a good start. But the real decision happens when you:
- Walk through the lobby
- Ride the lifts
- Stand inside an actual unit
- Glance out of the windows
- Notice how the building feels at 8 pm on a weekday
Talk to agents, but also talk to residents. Ask them what they like, what annoys them, and whether they’d move out if they had the chance.
That’s where you get the real story.
Quick Reference:
- Developer: SCHON Properties
- Height: 23 floors
- Total Apartments: 344
- Unit Types: Studios, 1-bed, 2-bed
- Sizes: 400–1,400 sq. ft.
- Buy Prices: AED 300K–1M
- Rent Prices: AED 26K–78K/year
- Rental Yields: 6–8%
- Service Charges: AED 12–15/sq. ft. Annually
