Home
Dubai prices
About
Research
Studio · 312 sqftAlexis Tower, Jebel Ali Free Zone · 12th floor · completed 2024

1223, Alexis Tower

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

Unit 1223 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 429K18 April 2022
Current rentAED 40K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1223

Property timeline for 1223, Alexis Tower

What is 1223 worth today?

Last sold for AED 429,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Jul 2026RentedRenewal
AED 40,000/yr12 months · AED 128 per sqft
10 Jul 2025RentedNew contract
AED 40,000/yr12 months · AED 128 per sqft
18 Apr 2022Sold by developerOff-plan
AED 429,000AED 1,376 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
Studio apartment
Size
312 sqft
Floor
12th of 16
Parking
1
Developer
Reportage Prime Properties
Completed
2024
Last sold
AED 429K · April 2022
Building
Alexis Tower

About 1223, Alexis Tower

1223 is a studio of 312 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 18 April 2022 for AED 429,000, or AED 1,376 per sqft, 13% above the AED 1,219 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 10 July 2026, is AED 40,000 a year: a gross yield of 9.3% on the 2022 price.

Sales and rents for 1223 over time

Sales
Unit 1223, 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, April 2022: AED 429,000 (AED 1,376 per sqft)

1223 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1223, 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 yearRenewal, 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 1223 sits

All 258 studios →

1223 last sold in April 2022 at AED 1,376 per sqft, 13% above what studios in Alexis Tower were fetching at the time (AED 1,219). 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. 1223'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 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

1223, Alexis Tower in numbers

  • Sold once: by Reportage Prime Properties on 18 April 2022 for AED 429,000, or AED 1,376 per sqft.
  • Rented since July 2025 on 2 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 10 July 2026.

Questions about 1223, Alexis Tower

What did unit 1223 last sell for?

AED 429,000 on 18 April 2022, sold by the developer: AED 1,376 per sqft for 312 sqft. It is the only registered sale of the unit.

What is the rent for unit 1223?

AED 40,000 a year on the contract renewed on 10 July 2026. The previous contract, from July 2025, was AED 40,000.

How big is unit 1223?

312 sqft (29.0 sqm): a studio on the 12th floor of a 16-storey tower completed in 2024.

What is unit 1223 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.

Selling 1223? 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.

How OpenOffers works

Mortgage on 1223, Alexis Tower

Starts from the last sale price (AED 429K, 18 April 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 →