Home
Dubai prices
About
Research
Studio · 312 sqftAlexis Tower, Jebel Ali Free Zone · 5th floor · completed 2024

523, Alexis Tower

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

Unit 523 · DLD and Ejari recordsUpdated 15 April 2026
Last soldAED 355K5 July 2023
Current rentAED 45K /yr15 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 523

Property timeline for 523, Alexis Tower

What is 523 worth today?

Last sold for AED 355,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Apr 2026RentedRenewal
AED 45,000/yr12 months · AED 144 per sqft
15 Apr 2025RentedNew contract
AED 45,000/yr12 months · AED 144 per sqft
5 Jul 2023Sold by developerOff-plan
AED 355,000AED 1,139 per sqft

Source: Dubai Land Department. Updated 15 April 2026.

Key facts

Type
Studio apartment
Size
312 sqft
Floor
5th of 16
Parking
1
Developer
Reportage Prime Properties
Completed
2024
Last sold
AED 355K · July 2023
Building
Alexis Tower

About 523, Alexis Tower

523 is a studio of 312 sqft on the 5th 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 July 2023 for AED 355,000, or AED 1,139 per sqft, 7% below the AED 1,227 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 15 April 2026, is AED 45,000 a year: a gross yield of 12.7% on the 2023 price.

Sales and rents for 523 over time

Sales
Unit 523, 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, July 2023: AED 355,000 (AED 1,139 per sqft)

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

Rents
Unit 523, each contractTypical studio in Alexis Tower
43K44K45K202520262027Typical rent by year: 2025 AED 44,000; 2026 AED 43,000New contract, April 2025: AED 45,000 a yearRenewal, April 2026: AED 45,000 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 523 sits

All 258 studios →

523 last sold in July 2023 at AED 1,139 per sqft, 7% below what studios in Alexis Tower were fetching at the time (AED 1,227). 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. 523's AED 45,000 is in the upper 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 5th floor

All 369 units in Alexis Tower
Value
501StudioAED 275K · Nov 2022
502StudioAED 275K · Nov 2022
5031-bedAED 560K · Jan 2024
504StudioAED 425K · Feb 2022
505StudioAED 429K · Feb 2022
506StudioAED 391K · Jan 2025
507StudioAED 429K · May 2022
1–7 of 25

523, Alexis Tower in numbers

  • Sold once: by Reportage Prime Properties on 5 July 2023 for AED 355,000, or AED 1,139 per sqft.
  • Rented since April 2025 on 2 Ejari contracts, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 12.7%.
  • 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 15 April 2026.

Questions about 523, Alexis Tower

What did unit 523 last sell for?

AED 355,000 on 5 July 2023, sold by the developer: AED 1,139 per sqft for 312 sqft. It is the only registered sale of the unit.

What is the rent for unit 523?

AED 45,000 a year on the contract renewed on 15 April 2026. The previous contract, from April 2025, was AED 45,000.

How big is unit 523?

312 sqft (29.0 sqm): a studio on the 5th floor of a 16-storey tower completed in 2024.

What is unit 523 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 523? 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.

How OpenOffers works

Mortgage on 523, Alexis Tower

Starts from the last sale price (AED 355K, 5 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 355,000
Deposit, UAE resident (20%)
AED 71,000
Deposit, non-resident (40%)
AED 142,000
Monthly over 25 years at 3.7%
AED 1,452

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