Studio · 326 sqftAlexis Tower, Jebel Ali Free Zone · 12th floor · completed 2024

1221, Alexis Tower

Sold prices and rental history: sold once, by the developer in September 2023, and rented once, from April 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1221 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 435K6 September 2023
Current rentAED 47K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1221, Alexis Tower

What is 1221 worth today?

Last sold for AED 435,000 in 2023

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1 Apr 2026RentedNew contract
AED 46,620/yr12 months · AED 144 per sqft
6 Sep 2023Sold by developerOff-plan
AED 435,000AED 1,333 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
Studio apartment
Size
326 sqft
Floor
12th of 16
Parking
1
Developer
Reportage Prime Properties
Completed
2024
Last sold
AED 435K · September 2023
Building
Alexis Tower

About 1221, Alexis Tower

1221 is a studio of 326 sqft on the 12th 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 435,000, or AED 1,333 per sqft, 12% above the AED 1,185 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 April 2026. The current contract, signed on 1 April 2026, is AED 46,620 a year: a gross yield of 10.7% on the 2023 price.

Sales and rents for 1221 over time

Sales
Unit 1221, 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, September 2023: AED 435,000 (AED 1,333 per sqft)

1221 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1221, each contractTypical studio in Alexis Tower
44K46K202520262027Typical rent by year: 2025 AED 44,000; 2026 AED 43,000New contract, April 2026: AED 46,620 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 1221 sits

All 258 studios →

1221 last sold in September 2023 at AED 1,333 per sqft, 12% above what studios in Alexis Tower were fetching at the time (AED 1,185). 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. 1221's AED 46,620 is in the upper 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 12th floor

All 369 units in Alexis Tower
Value
1201StudioAED 530K · Dec 2025
1202StudioAED 530K · May 2025
12031-bedAED 587K · Dec 2021
1204StudioAED 638K · May 2025
1205StudioAED 640K · Feb 2026
1206StudioAED 451K · Feb 2022
1207StudioAED 439K · Mar 2022
1–7 of 25

1221, Alexis Tower in numbers

  • Sold once: by Reportage Prime Properties on 6 September 2023 for AED 435,000, or AED 1,333 per sqft.
  • Rented since April 2026 on one Ejari contract, at AED 46,620 a year.
  • At AED 46,620 a year the gross yield on the 2023 price is 10.7%.
  • 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 1 April 2026.

Questions about 1221, Alexis Tower

What did unit 1221 last sell for?

AED 435,000 on 6 September 2023, sold by the developer: AED 1,333 per sqft for 326 sqft. It is the only registered sale of the unit.

What is the rent for unit 1221?

AED 46,620 a year on the contract signed on 1 April 2026.

How big is unit 1221?

326 sqft (30.3 sqm): a studio on the 12th floor of a 16-storey tower completed in 2024.

What is unit 1221 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 1221, Alexis Tower

Starts from the last sale price (AED 435K, 6 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 435,000
Deposit, UAE resident (20%)
AED 87,000
Deposit, non-resident (40%)
AED 174,000
Monthly over 25 years at 3.7%
AED 1,780

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