407, Alexis Tower
Sold prices and rental history: sold once, by the developer in November 2021, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Alexis Tower
What is 407 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 347 sqft
- Floor
- 4th of 16
- Parking
- 1
- Developer
- Reportage Prime Properties
- Completed
- 2024
- Last sold
- AED 490K · November 2021
- Building
- Alexis Tower
About 407, Alexis Tower
407 is a studio of 347 sqft on the 4th 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 25 November 2021 for AED 490,000, or AED 1,410 per sqft, 20% above the AED 1,179 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 5 October 2026, is AED 45,000 a year: a gross yield of 9.2% on the 2021 price.
Sales and rents for 407 over time
407 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 407 sits
All 258 studios →407 last sold in November 2021 at AED 1,410 per sqft, 20% above what studios in Alexis Tower were fetching at the time (AED 1,179). 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. 407's AED 45,000 is in the upper 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 4th floor
All 369 units in Alexis Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 364 sqft | AED 439KAED 439,000 · Apr 2023April 2023 | ||
| 402 | Studio | 339 sqft | AED 400KAED 400,000 · Sep 2021September 2021 | ||
| 403 | 1-bed | 708 sqft | AED 730KAED 730,000 · Jan 2025January 2025 | ||
| 404 | Studio | 333 sqft | AED 360KAED 359,997 · Sep 2025September 2025 | 44,000 /yr | |
| 405 | Studio | 344 sqft | AED 434KAED 434,000 · Apr 2022April 2022 | 40,000 /yr | |
| 406 | Studio | 364 sqft | AED 429KAED 429,000 · Sep 2023September 2023 | 40,000 /yr | |
| 408 | Studio | 360 sqft | AED 429KAED 429,000 · Feb 2022February 2022 | ||
| 409 | 1-bed | 731 sqft | AED 600KAED 600,000 · Jan 2023January 2023 | ||
| 410 | Studio | 368 sqft | AED 411KAED 410,850 · Mar 2022March 2022 | 52,800 /yr | |
| 411 | 1-bed | 693 sqft | AED 860KAED 860,000 · Dec 2025December 2025 | ||
| 412 | Studio | 355 sqft | AED 455KAED 455,000 · Mar 2022March 2022 | 40,000 /yr | |
| 413 | Studio | 367 sqft | AED 411KAED 410,850 · Sep 2023September 2023 | 48,000 /yr | |
| 414 | 1-bed | 692 sqft | AED 832KAED 832,000 · Dec 2025December 2025 | 85,000 /yr | |
| 415 | Studio | 355 sqft | AED 370KAED 370,000 · Aug 2024August 2024 | 53,850 /yr | |
| 416 | Studio | 358 sqft | AED 380KAED 380,000 · Sep 2023September 2023 | ||
| 417 | 1-bed | 795 sqft | AED 860KAED 860,000 · Dec 2025December 2025 | 80,000 /yr | |
| 422 | Studio | 414 sqft | AED 355KAED 355,000 · Jul 2022July 2022 | 40,000 /yr | |
| 423 | Studio | 411 sqft | AED 240KAED 240,000 · May 2022May 2022 | 40,000 /yr | |
| 424 | Studio | 417 sqft | AED 428KAED 427,816 · Oct 2021October 2021 | 45,000 /yr | |
| 425 | Studio | 419 sqft | AED 550KAED 550,000 · Apr 2025April 2025 | ||
| 426 | 2-bed | 1,178 sqft | AED 930KAED 930,000 · Jul 2024July 2024 | 84,765 /yr |
407, Alexis Tower in numbers
- Sold once: by Reportage Prime Properties on 25 November 2021 for AED 490,000, or AED 1,410 per sqft.
- Rented since October 2025 on 2 Ejari contracts, at AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2021 price is 9.2%.
- 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 5 October 2026.
Questions about 407, Alexis Tower
What did unit 407 last sell for?
AED 490,000 on 25 November 2021, sold by the developer: AED 1,410 per sqft for 347 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 45,000 a year on the contract renewed on 5 October 2026. The previous contract, from October 2025, was AED 45,000.
How big is unit 407?
347 sqft (32.2 sqm): a studio on the 4th floor of a 16-storey tower completed in 2024.
What is unit 407 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 407? 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.
Mortgage on 407, Alexis Tower
Starts from the last sale price (AED 490K, 25 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 490,000
- Deposit, UAE resident (20%)
- AED 98,000
- Deposit, non-resident (40%)
- AED 196,000
- Monthly over 25 years at 3.7%
- AED 2,005
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →