Studio · 326 sqftAlexis Tower, Jebel Ali Free Zone · 7th floor · completed 2024

721, Alexis Tower

Sold prices and rental history: sold once, by the developer in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 721 · DLD and Ejari recordsUpdated 6 September 2023
Last soldAED 430K6 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 721, Alexis Tower

What is 721 worth today?

Last sold for AED 430,000 in 2023

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6 Sep 2023Sold by developerOff-plan
AED 430,000AED 1,317 per sqft

Source: Dubai Land Department. Updated 6 September 2023.

Key facts

Type
Studio apartment
Size
326 sqft
Floor
7th of 16
Parking
1
Developer
Reportage Prime Properties
Completed
2024
Last sold
AED 430K · September 2023
Building
Alexis Tower

About 721, Alexis Tower

721 is a studio of 326 sqft on the 7th 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 6 September 2023 for AED 430,000, or AED 1,317 per sqft, 11% above the AED 1,185 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 721 over time

Sales
Unit 721, 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, September 2023: AED 430,000 (AED 1,317 per sqft)

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

Rents
Unit 721, 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 721 sits

All 238 studios →

721 last sold in September 2023 at AED 1,317 per sqft, 11% above what studios in Alexis Tower were fetching at the time (AED 1,185). Over the last 12 months studios sold for AED 492,170 to 560,000, around AED 1,517 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
12 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 . 16 sold in the last 12 months.

Typical price per sqft
AED 1,493 Up 20.8%
Typical sale
AED 530K
Typical rent
AED 50K /yr
Typical yield
8.7%
Alexis Tower, Jebel Ali Free Zone: prices, sales and rents →

Other units on the 7th floor

All 362 units in Alexis Tower
Value
618StudioAED 236K · Apr 2025
701StudioAED 421K · Mar 2022
702StudioAED 450K · Nov 2023
7031-bedAED 600K · Dec 2021
704StudioAED 450K · Sep 2021
705StudioAED 429K · Jun 2022
706StudioAED 439K · Mar 2022
1–7 of 25

721, Alexis Tower in numbers

  • Sold once: by Reportage Prime Properties on 6 September 2023 for AED 430,000, or AED 1,317 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 1,493 per sqft.

Source: Dubai Land Department. Updated 6 September 2023.

Questions about 721, Alexis Tower

What did unit 721 last sell for?

AED 430,000 on 6 September 2023, sold by the developer: AED 1,317 per sqft for 326 sqft. It is the only registered sale of the unit.

How big is unit 721?

326 sqft (30.3 sqm): a studio on the 7th floor of a 16-storey tower completed in 2024.

What is unit 721 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 1,517 per sqft.

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Mortgage on 721, Alexis Tower

Starts from the last sale price (AED 430K, 6 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →