1408, Alexis Tower
Sold prices and rental history: sold once, by the developer in May 2025, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Alexis Tower
What is 1408 worth today?
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Source: Dubai Land Department. Updated 28 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 357 sqft
- Floor
- 14th of 16
- Parking
- B2-62
- Developer
- Reportage Prime Properties
- Completed
- 2024
- Last sold
- AED 454K · May 2025
- Building
- Alexis Tower
About 1408, Alexis Tower
1408 is a studio of 357 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 12 May 2025 for AED 453,514, or AED 1,269 per sqft, 6% below the AED 1,344 studios in the building were fetching at the time.
One Ejari contract is registered, from 28 August 2026. The current contract, signed on 28 August 2026, is AED 40,000 a year: a gross yield of 8.8% on the 2025 price.
Sales and rents for 1408 over time
1408 has sold once; the dashed line is the studio median of each year in the building.
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 1408 sits
All 258 studios →1408 last sold in May 2025 at AED 1,269 per sqft, 6% below what studios in Alexis Tower were fetching at the time (AED 1,344). 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. 1408's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 348 sqft | 562,000 | 1,614 | ||
| 24 Jul 202624 July 2026 | 357 sqft | 510,000 | 1,427 | ||
| 17 Jul 202617 July 2026 | 250 sqft | 300,000 | 1,199 | ||
| 9 Jun 20269 June 2026 | 343 sqft | 530,000 | 1,544 |
Alexis Tower
Building369 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%
Other units on the 14th floor
All 369 units in Alexis Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | Studio | 364 sqft | AED 272KAED 272,106 · Oct 2021October 2021 | ||
| 1402 | Studio | 339 sqft | AED 439KAED 439,000 · Jun 2022June 2022 | 45,000 /yr | |
| 1403 | 1-bed | 712 sqft | AED 348KAED 347,536 · Sep 2023September 2023 | ||
| 1404 | Studio | 333 sqft | AED 492KAED 492,170 · Jan 2026January 2026 | ||
| 1405 | Studio | 344 sqft | AED 452KAED 452,070 · Aug 2022August 2022 | ||
| 1406 | Studio | 364 sqft | AED 297KAED 297,000 · Sep 2021September 2021 | 50,000 /yr | |
| 1407 | Studio | 347 sqft | AED 483KAED 483,250 · Sep 2023September 2023 | ||
| 1409 | 1-bed | 731 sqft | AED 583KAED 582,500 · Jan 2023January 2023 | 60,000 /yr | |
| 1410 | Studio | 366 sqft | AED 644KAED 643,533 · May 2026May 2026 | ||
| 1411 | 1-bed | 706 sqft | AED 825KAED 825,000 · Jul 2025July 2025 | ||
| 1412 | Studio | 366 sqft | AED 425KAED 425,250 · Sep 2021September 2021 | ||
| 1413 | Studio | 348 sqft | AED 562KAED 562,000 · Oct 2026October 2026 | 50,000 /yr | |
| 1414 | 1-bed | 702 sqft | AED 595KAED 595,000 · Mar 2024March 2024 | 64,826 /yr | |
| 1415 | Studio | 364 sqft | AED 530KAED 530,000 · Jan 2026January 2026 | 43,000 /yr | |
| 1416 | Studio | 353 sqft | AED 439KAED 439,000 · May 2025May 2025 | 42,000 /yr | |
| 1417 | 1-bed | 673 sqft | AED 362KAED 362,147 · Sep 2021September 2021 | 65,000 /yr | |
| 1418 | Studio | 313 sqft | AED 505KAED 505,000 · Jul 2025July 2025 | 40,000 /yr | |
| 1419 | 1-bed | 610 sqft | AED 583KAED 583,400 · Feb 2022February 2022 | 65,500 /yr | |
| 1420 | 1-bed | 607 sqft | AED 599KAED 599,000 · Oct 2021October 2021 | 65,000 /yr | |
| 1421 | Studio | 326 sqft | AED 429KAED 429,000 · Sep 2023September 2023 | 43,000 /yr | |
| 1422 | Studio | 302 sqft | AED 429KAED 429,000 · Apr 2022April 2022 | ||
| 1423 | Studio | 312 sqft | AED 429KAED 429,000 · Oct 2022October 2022 | 44,000 /yr | |
| 1425 | Studio | 318 sqft | AED 453KAED 452,647 · Dec 2021December 2021 | 40,000 /yr | |
| 1426 | 2-bed | 814 sqft | AED 1MAED 1,000,000 · Oct 2025October 2025 | 80,000 /yr |
1408, Alexis Tower in numbers
- Sold once: by Reportage Prime Properties on 12 May 2025 for AED 453,514, or AED 1,269 per sqft.
- Rented since August 2026 on one Ejari contract, at AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2025 price is 8.8%.
- 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 28 August 2026.
Questions about 1408, Alexis Tower
What did unit 1408 last sell for?
AED 453,514 on 12 May 2025, sold by the developer: AED 1,269 per sqft for 357 sqft. It is the only registered sale of the unit.
What is the rent for unit 1408?
AED 40,000 a year on the contract signed on 28 August 2026.
How big is unit 1408?
357 sqft (33.2 sqm): a studio on the 14th floor of a 16-storey tower completed in 2024.
What is unit 1408 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 1408, Alexis Tower
Starts from the last sale price (AED 454K, 12 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 453,514
- Deposit, UAE resident (20%)
- AED 90,703
- Deposit, non-resident (40%)
- AED 181,406
- Monthly over 25 years at 3.7%
- AED 1,855
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →