Studio · 417 sqftAlexis Tower, Jebel Ali Free Zone · 4th floor · completed 2024

424, Alexis Tower

Sold prices and rental history: sold once, by the developer in October 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 424 · DLD and Ejari recordsUpdated 18 October 2021
Last soldAED 428K18 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 424, Alexis Tower

What is 424 worth today?

Last sold for AED 427,816 in 2021

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18 Oct 2021Sold by developerOff-plan
AED 427,816AED 1,025 per sqft

Source: Dubai Land Department. Updated 18 October 2021.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
4th of 16
Parking
1
Developer
Reportage Prime Properties
Completed
2024
Last sold
AED 428K · October 2021
Building
Alexis Tower

About 424, Alexis Tower

424 is a studio of 417 sqft on the 4th 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 18 October 2021 for AED 427,816, or AED 1,025 per sqft, 6% below the AED 1,087 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 424 over time

Sales
Unit 424, each saleTypical studio in Alexis Tower
450K500K2021202320252027Typical sale price by year: 2021 AED 420,260; 2022 AED 429,000; 2023 AED 429,000; 2024 AED 470,000; 2025 AED 455,000; 2026 AED 530,000Sold by developer, October 2021: AED 427,816 (AED 1,025 per sqft)

424 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 424, each contractTypical studio in Alexis Tower
45K50K202520262027Typical rent by year: 2025 AED 43,000; 2026 AED 50,000

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 424 sits

All 238 studios →

424 last sold in October 2021 at AED 1,025 per sqft, 6% below what studios in Alexis Tower were fetching at the time (AED 1,087). 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 salesUnit no.Price (AED)Summary
9 Feb 2026530,000
5 Feb 2026560,000
19 Jan 2026535,000
18 Jan 2026530,000
11 studio sales in the last 12 months

Alexis Tower

Building

362 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%
Alexis Tower, Jebel Ali Free Zone: prices, sales and rents →

Other units on the 4th floor

All 362 units in Alexis Tower
Value
401StudioAED 439K · Apr 2023
402StudioAED 400K · Sep 2021
4031-bedAED 730K · Jan 2025
404AED 360K · Sep 2025
405StudioAED 434K · Apr 2022
406StudioAED 429K · Sep 2023
407StudioAED 490K · Nov 2021
1–7 of 18

424, Alexis Tower in numbers

  • Sold once: by Reportage Prime Properties on 18 October 2021 for AED 427,816, or AED 1,025 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 18 October 2021.

Questions about 424, Alexis Tower

What did unit 424 last sell for?

AED 427,816 on 18 October 2021, sold by the developer: AED 1,025 per sqft for 417 sqft. It is the only registered sale of the unit.

How big is unit 424?

417 sqft (38.7 sqm): a studio on the 4th floor of a 16-storey tower completed in 2024.

What is unit 424 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 424, Alexis Tower

Starts from the last sale price (AED 428K, 18 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 427,816
Deposit, UAE resident (20%)
AED 85,563
Deposit, non-resident (40%)
AED 171,126
Monthly over 25 years at 3.7%
AED 1,750

Plus AED 20,879 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →