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Studio · 364 sqftAlexis Tower, Jebel Ali Free Zone · 16th floor · completed 2024

1605, Alexis Tower

Sold prices and rental history: sold once, by the developer in December 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 14 June 2026
Last soldAED 390K5 December 2023
Current rentAED 44K /yr14 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1605, Alexis Tower

What is 1605 worth today?

Last sold for AED 390,000 in 2023

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14 Jun 2026RentedRenewal
AED 44,000/yr12 months · AED 120 per sqft
14 Jun 2025RentedNew contract
AED 42,000/yr12 months · AED 115 per sqft
5 Dec 2023Sold by developerOff-plan
AED 390,000AED 1,070 per sqft

Source: Dubai Land Department. Updated 14 June 2026.

Key facts

Type
Studio apartment
Size
364 sqft
Floor
16th of 16
Parking
B2-18
Developer
Reportage Prime Properties
Completed
2024
Last sold
AED 390K · December 2023
Building
Alexis Tower

About 1605, Alexis Tower

1605 is a studio of 364 sqft on the 16th 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 5 December 2023 for AED 390,000, or AED 1,070 per sqft, 11% below the AED 1,197 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 14 June 2026, is AED 44,000 a year: a gross yield of 11.3% on the 2023 price.

Sales and rents for 1605 over time

Sales
Unit 1605, 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, December 2023: AED 390,000 (AED 1,070 per sqft)

1605 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1605, each contractTypical studio in Alexis Tower
42K43K44K202520262027Typical rent by year: 2025 AED 44,000; 2026 AED 43,000New contract, June 2025: AED 42,000 a yearRenewal, June 2026: AED 44,000 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 1605 sits

All 258 studios →

1605 last sold in December 2023 at AED 1,070 per sqft, 11% below what studios in Alexis Tower were fetching at the time (AED 1,197). 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. 1605's AED 44,000 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 16th floor

All 369 units in Alexis Tower
Value
1601StudioAED 404K · Jun 2021
1602StudioAED 299K · Feb 2025
16031-bedAED 873K · Oct 2025
1604StudioAED 525K · Dec 2025
1606StudioAED 294K · Sep 2021
1607StudioAED 399K · May 2022
1608StudioAED 429K · Oct 2023
1–7 of 25

1605, Alexis Tower in numbers

  • Sold once: by Reportage Prime Properties on 5 December 2023 for AED 390,000, or AED 1,070 per sqft.
  • Rented since June 2025 on 2 Ejari contracts, from AED 42,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2023 price is 11.3%.
  • 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 14 June 2026.

Questions about 1605, Alexis Tower

What did unit 1605 last sell for?

AED 390,000 on 5 December 2023, sold by the developer: AED 1,070 per sqft for 364 sqft. It is the only registered sale of the unit.

What is the rent for unit 1605?

AED 44,000 a year on the contract renewed on 14 June 2026. The previous contract, from June 2025, was AED 42,000.

How big is unit 1605?

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

What is unit 1605 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 1605, Alexis Tower

Starts from the last sale price (AED 390K, 5 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

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