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

1606, Alexis Tower

Sold prices and rental history: sold once, by the developer in September 2021, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 3 September 2026
Last soldAED 294K27 September 2021
Current rentAED 38K /yr3 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Alexis Tower

What is 1606 worth today?

Last sold for AED 294,400 in 2021

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3 Sep 2026RentedNew contract
AED 38,000/yr12 months · AED 105 per sqft
7 Oct 2025RentedNew contract
AED 46,000/yr12 months · AED 126 per sqft
27 Sep 2021Sold by developerOff-plan
AED 294,400AED 807 per sqft

Source: Dubai Land Department. Updated 3 September 2026.

Key facts

Type
Studio apartment
Size
364 sqft
Floor
16th of 16
Parking
1
Developer
Reportage Prime Properties
Completed
2024
Last sold
AED 294K · September 2021
Building
Alexis Tower

About 1606, Alexis Tower

1606 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 27 September 2021 for AED 294,400, or AED 807 per sqft, 26% below the AED 1,095 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 3 September 2026, is AED 38,000 a year: a gross yield of 12.9% on the 2021 price.

Sales and rents for 1606 over time

Sales
Unit 1606, 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 294,400 (AED 807 per sqft)

1606 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1606, each contractTypical studio in Alexis Tower
40K45K202520262027Typical rent by year: 2025 AED 44,000; 2026 AED 43,000New contract, October 2025: AED 46,000 a yearNew contract, September 2026: AED 38,000 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 1606 sits

All 258 studios →

1606 last sold in September 2021 at AED 807 per sqft, 26% below what studios in Alexis Tower were fetching at the time (AED 1,095). 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. 1606's AED 38,000 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
1605StudioAED 390K · Dec 2023
1607StudioAED 399K · May 2022
1608StudioAED 429K · Oct 2023
1–7 of 25

1606, Alexis Tower in numbers

  • Sold once: by Reportage Prime Properties on 27 September 2021 for AED 294,400, or AED 807 per sqft.
  • Rented since October 2025 on 2 Ejari contracts, from AED 46,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2021 price is 12.9%.
  • 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 3 September 2026.

Questions about 1606, Alexis Tower

What did unit 1606 last sell for?

AED 294,400 on 27 September 2021, sold by the developer: AED 807 per sqft for 364 sqft. It is the only registered sale of the unit.

What is the rent for unit 1606?

AED 38,000 a year on the contract signed on 3 September 2026. The previous contract, from October 2025, was AED 46,000.

How big is unit 1606?

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

What is unit 1606 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 1606, Alexis Tower

Starts from the last sale price (AED 294K, 27 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 294,400
Deposit, UAE resident (20%)
AED 58,880
Deposit, non-resident (40%)
AED 117,760
Monthly over 25 years at 3.7%
AED 1,204

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