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Studio · 312 sqftAlexis Tower, Jebel Ali Free Zone · 11th floor · completed 2024

1118, Alexis Tower

Sold prices and rental history: sold once, by the developer in October 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1118 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 429K17 October 2022
Current rentAED 40K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1118, Alexis Tower

What is 1118 worth today?

Last sold for AED 429,000 in 2022

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15 Jul 2026RentedNew contract
AED 40,000/yr12 months · AED 128 per sqft
15 Jul 2025RentedNew contract
AED 40,000/yr12 months · AED 128 per sqft
15 Jul 2025RentedNew contract
AED 40,000/yr12 months · AED 128 per sqft
17 Oct 2022Sold by developerOff-plan
AED 429,000AED 1,373 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
Studio apartment
Size
312 sqft
Floor
11th of 16
Parking
1
Developer
Reportage Prime Properties
Completed
2024
Last sold
AED 429K · October 2022
Building
Alexis Tower

About 1118, Alexis Tower

1118 is a studio of 312 sqft on the 11th 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 17 October 2022 for AED 429,000, or AED 1,373 per sqft, 10% above the AED 1,246 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 15 July 2026, is AED 40,000 a year: a gross yield of 9.3% on the 2022 price.

Sales and rents for 1118 over time

Sales
Unit 1118, each saleTypical studio in Alexis Tower
400K500K2021202320252027Typical sale price by year: 2021 AED 404,364; 2022 AED 429,000; 2023 AED 429,000; 2024 AED 470,000; 2025 AED 475,000; 2026 AED 530,000Sold by developer, October 2022: AED 429,000 (AED 1,373 per sqft)

1118 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1118, each contractTypical studio in Alexis Tower
40K42K44K202520262027Typical rent by year: 2025 AED 44,000; 2026 AED 43,000New contract, July 2025: AED 40,000 a yearNew contract, July 2025: AED 40,000 a yearNew contract, July 2026: AED 40,000 a year

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 1118 sits

All 258 studios →

1118 last sold in October 2022 at AED 1,373 per sqft, 10% above what studios in Alexis Tower were fetching at the time (AED 1,246). Over the last 12 months studios sold for AED 300,000 to 660,850, around AED 1,546 per sqft, and rent for AED 30,000 to 60,000 a year. 1118's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
2 Oct 2026562,000
24 Jul 2026510,000
17 Jul 2026300,000
9 Jun 2026530,000
22 studio sales in the last 12 months

Alexis Tower

Building

369 apartments, studios to 2-bed over 16 floors in Jebel Ali Free Zone, completed in 2024 by Reportage Prime Properties . 33 sold in the last 12 months.

Typical price per sqft
AED 1,475 Up 19.5%
Typical sale
AED 560K
Typical rent
AED 45K /yr
Typical yield
8.2%
Alexis Tower, Jebel Ali Free Zone: prices, sales and rents →

Other units on the 11th floor

All 369 units in Alexis Tower
Value
1101StudioAED 439K · Apr 2022
1102StudioAED 449K · Nov 2021
11031-bedAED 618K · Nov 2023
1104StudioAED 336K · May 2025
1105StudioAED 449K · Jun 2022
1106StudioAED 429K · Apr 2023
1107StudioAED 392K · Apr 2021
1–7 of 25

1118, Alexis Tower in numbers

  • Sold once: by Reportage Prime Properties on 17 October 2022 for AED 429,000, or AED 1,373 per sqft.
  • Rented since July 2025 on 3 Ejari contracts, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2022 price is 9.3%.
  • Studios in Alexis Tower sold for AED 300,000–660,850 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 July 2026.

Questions about 1118, Alexis Tower

What did unit 1118 last sell for?

AED 429,000 on 17 October 2022, sold by the developer: AED 1,373 per sqft for 312 sqft. It is the only registered sale of the unit.

What is the rent for unit 1118?

AED 40,000 a year on the contract signed on 15 July 2026. The previous contract, from July 2025, was AED 40,000; the unit has been rented since July 2025.

How big is unit 1118?

312 sqft (29.0 sqm): a studio on the 11th floor of a 16-storey tower completed in 2024.

What is unit 1118 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 300,000 to 660,850 in the last 12 months, around AED 1,546 per sqft.

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Mortgage on 1118, Alexis Tower

Starts from the last sale price (AED 429K, 17 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 429,000
Deposit, UAE resident (20%)
AED 85,800
Deposit, non-resident (40%)
AED 171,600
Monthly over 25 years at 3.7%
AED 1,755

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