423, Alexis Tower
Sold prices and rental history: sold once, by the developer in May 2022, 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 423, Alexis Tower
What is 423 worth today?
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Source: Dubai Land Department. Updated 20 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 411 sqft
- Floor
- 4th of 16
- Parking
- 1
- Developer
- Reportage Prime Properties
- Completed
- 2024
- Last sold
- AED 240K · May 2022
- Building
- Alexis Tower
About 423, Alexis Tower
423 is a studio of 411 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 May 2022 for AED 240,000, or AED 583 per sqft, 53% below the AED 1,234 studios in the building were fetching at the time.
One Ejari contract is registered, from 20 August 2026. The current contract, renewed on 20 August 2026, is AED 40,000 a year: a gross yield of 16.7% on the 2022 price.
Sales and rents for 423 over time
423 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 423 sits
All 258 studios →423 last sold in May 2022 at AED 583 per sqft, 53% below what studios in Alexis Tower were fetching at the time (AED 1,234). 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. 423'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 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 | |
| 407 | Studio | 347 sqft | AED 490KAED 490,000 · Nov 2021November 2021 | 45,000 /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 | |
| 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 |
423, Alexis Tower in numbers
- Sold once: by Reportage Prime Properties on 25 May 2022 for AED 240,000, or AED 583 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 2022 price is 16.7%.
- 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 20 August 2026.
Questions about 423, Alexis Tower
What did unit 423 last sell for?
AED 240,000 on 25 May 2022, sold by the developer: AED 583 per sqft for 411 sqft. It is the only registered sale of the unit.
What is the rent for unit 423?
AED 40,000 a year on the contract renewed on 20 August 2026.
How big is unit 423?
411 sqft (38.2 sqm): a studio on the 4th floor of a 16-storey tower completed in 2024.
What is unit 423 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 423, Alexis Tower
Starts from the last sale price (AED 240K, 25 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 240,000
- Deposit, UAE resident (20%)
- AED 48,000
- Deposit, non-resident (40%)
- AED 96,000
- Monthly over 25 years at 3.7%
- AED 982
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →