1623, Alexis Tower
Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1623, Alexis Tower
What is 1623 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 312 sqft
- Floor
- 16th of 16
- Parking
- 1
- Developer
- Reportage Prime Properties
- Completed
- 2024
- Last sold
- AED 475K · November 2022
- Building
- Alexis Tower
About 1623, Alexis Tower
1623 is a studio of 312 sqft on the 16th 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 7 November 2022 for AED 475,000, or AED 1,524 per sqft, 22% above the AED 1,252 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 15 December 2025, is AED 48,000 a year: a gross yield of 10.1% on the 2022 price.
Sales and rents for 1623 over time
1623 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 1623 sits
All 238 studios →1623 last sold in November 2022 at AED 1,524 per sqft, 22% above what studios in Alexis Tower were fetching at the time (AED 1,252). 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. 1623's AED 48,000 is in the lower half of that range.
| 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 16th floor
All 362 units in Alexis Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | Studio | 383 sqft | AED 404KAED 404,364 · Jun 2021June 2021 | ||
| 1602 | Studio | 364 sqft | AED 299KAED 299,400 · Feb 2025February 2025 | ||
| 1603 | 707 sqft | AED 873KAED 873,000 · Oct 2025October 2025 | |||
| 1604 | Studio | 366 sqft | AED 525KAED 525,000 · Dec 2025December 2025 | ||
| 1605 | Studio | 364 sqft | AED 390KAED 390,000 · Dec 2023December 2023 | ||
| 1606 | Studio | 364 sqft | AED 294KAED 294,400 · Sep 2021September 2021 | ||
| 1607 | Studio | 371 sqft | AED 399KAED 399,000 · May 2022May 2022 | ||
| 1608 | Studio | 360 sqft | AED 429KAED 429,000 · Oct 2023October 2023 | ||
| 1609 | 1-bed | 731 sqft | AED 610KAED 610,000 · Jan 2023January 2023 | ||
| 1610 | Studio | 368 sqft | AED 439KAED 439,000 · Dec 2024December 2024 | ||
| 1611 | 1-bed | 693 sqft | AED 630KAED 630,000 · May 2025May 2025 | 63,000 /yr | |
| 1612 | 351 sqft | AED 590KAED 590,000 · Oct 2025October 2025 | |||
| 1613 | Studio | 367 sqft | AED 550KAED 550,000 · Feb 2022February 2022 | ||
| 1614 | 1-bed | 699 sqft | AED 667KAED 667,000 · Sep 2023September 2023 | ||
| 1615 | Studio | 351 sqft | AED 429KAED 429,000 · May 2025May 2025 | ||
| 1616 | Studio | 353 sqft | AED 429KAED 429,000 · May 2025May 2025 | ||
| 1617 | 1-bed | 673 sqft | AED 683KAED 682,979 · Mar 2022March 2022 | ||
| 1618 | Studio | 312 sqft | AED 431KAED 431,020 · Jan 2023January 2023 | 55,000 /yr | |
| 1619 | 1-bed | 610 sqft | AED 740KAED 740,000 · Nov 2021November 2021 | ||
| 1620 | 1-bed | 612 sqft | AED 625KAED 625,000 · Mar 2023March 2023 | ||
| 1621 | Studio | 326 sqft | AED 429KAED 429,000 · Feb 2022February 2022 | ||
| 1622 | Studio | 302 sqft | AED 429KAED 429,000 · Apr 2022April 2022 | ||
| 1624 | Studio | 316 sqft | AED 429KAED 429,000 · Mar 2022March 2022 | ||
| 1625 | Studio | 318 sqft | AED 429KAED 429,000 · May 2022May 2022 | ||
| 1626 | 2-bed | 823 sqft | AED 976KAED 975,559 · Dec 2021December 2021 |
1623, Alexis Tower in numbers
- Sold once: by Reportage Prime Properties on 7 November 2022 for AED 475,000, or AED 1,524 per sqft.
- Rented since September 2025 on 2 Ejari contracts, from AED 44,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2022 price is 10.1%.
- 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 15 December 2025.
Questions about 1623, Alexis Tower
What did unit 1623 last sell for?
AED 475,000 on 7 November 2022, sold by the developer: AED 1,524 per sqft for 312 sqft. It is the only registered sale of the unit.
What is the rent for unit 1623?
AED 48,000 a year on the contract signed on 15 December 2025. The previous contract, from September 2025, was AED 44,000.
How big is unit 1623?
312 sqft (29.0 sqm): a studio on the 16th floor of a 16-storey tower completed in 2024.
What is unit 1623 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.
Selling 1623? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1623, Alexis Tower
Starts from the last sale price (AED 475K, 7 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 475,000
- Deposit, UAE resident (20%)
- AED 95,000
- Deposit, non-resident (40%)
- AED 190,000
- Monthly over 25 years at 3.7%
- AED 1,943
Plus AED 22,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →