Studio · 364 sqftAlexis Tower, Jebel Ali Free Zone · 14th floor · completed 2024

1406, Alexis Tower

Sold prices and rental history: sold once, by the developer in September 2021, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 24 January 2026
Last soldAED 297K22 September 2021
Current rentAED 50K /yr24 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Alexis Tower

What is 1406 worth today?

Last sold for AED 297,000 in 2021

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24 Jan 2026RentedNew contract
AED 50,000/yr12 months · AED 137 per sqft
22 Sep 2021Sold by developerOff-plan
AED 297,000AED 815 per sqft

Source: Dubai Land Department. Updated 24 January 2026.

Key facts

Type
Studio apartment
Size
364 sqft
Floor
14th of 16
Parking
1
Developer
Reportage Prime Properties
Completed
2024
Last sold
AED 297K · September 2021
Building
Alexis Tower

About 1406, Alexis Tower

1406 is a studio of 364 sqft on the 14th 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 22 September 2021 for AED 297,000, or AED 815 per sqft, 26% below the AED 1,101 studios in the building were fetching at the time.

One Ejari contract is registered, from 24 January 2026. The current contract, signed on 24 January 2026, is AED 50,000 a year: a gross yield of 16.8% on the 2021 price.

Sales and rents for 1406 over time

Sales
Unit 1406, each saleTypical studio in Alexis Tower
400K2021202320252027Typical 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 2021: AED 297,000 (AED 815 per sqft)

1406 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1406, each contractTypical studio in Alexis Tower
45K50K202520262027Typical rent by year: 2025 AED 44,000; 2026 AED 43,000New contract, January 2026: AED 50,000 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 1406 sits

All 258 studios →

1406 last sold in September 2021 at AED 815 per sqft, 26% below what studios in Alexis Tower were fetching at the time (AED 1,101). 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. 1406's AED 50,000 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 14th floor

All 369 units in Alexis Tower
Value
1401StudioAED 272K · Oct 2021
1402StudioAED 439K · Jun 2022
14031-bedAED 348K · Sep 2023
1404StudioAED 492K · Jan 2026
1405StudioAED 452K · Aug 2022
1407StudioAED 483K · Sep 2023
1408StudioAED 454K · May 2025
1–7 of 24

1406, Alexis Tower in numbers

  • Sold once: by Reportage Prime Properties on 22 September 2021 for AED 297,000, or AED 815 per sqft.
  • Rented since January 2026 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2021 price is 16.8%.
  • 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 24 January 2026.

Questions about 1406, Alexis Tower

What did unit 1406 last sell for?

AED 297,000 on 22 September 2021, sold by the developer: AED 815 per sqft for 364 sqft. It is the only registered sale of the unit.

What is the rent for unit 1406?

AED 50,000 a year on the contract signed on 24 January 2026.

How big is unit 1406?

364 sqft (33.8 sqm): a studio on the 14th floor of a 16-storey tower completed in 2024.

What is unit 1406 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 1406, Alexis Tower

Starts from the last sale price (AED 297K, 22 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 297,000
Deposit, UAE resident (20%)
AED 59,400
Deposit, non-resident (40%)
AED 118,800
Monthly over 25 years at 3.7%
AED 1,215

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