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Studio · 309 sqftAlexis Tower, Jebel Ali Free Zone · 6th floor · completed 2024

623, Alexis Tower

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

Unit 623 · DLD and Ejari recordsUpdated 8 July 2026
Last soldAED 236K14 May 2025
Current rentAED 30K /yr8 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 623, Alexis Tower

What is 623 worth today?

Last sold for AED 236,000 in 2025

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8 Jul 2026RentedRenewal
AED 30,000/yr12 months · AED 100 per sqft
8 Jul 2025RentedNew contract
AED 30,000/yr12 months · AED 96 per sqft
8 Jul 2025RentedNew contract
AED 30,000/yr12 months · AED 96 per sqft
14 May 2025Sold by developerReady
AED 236,000AED 764 per sqft

Source: Dubai Land Department. Updated 8 July 2026.

Key facts

Type
Studio apartment
Size
309 sqft
Floor
6th of 16
Parking
B3-60
Developer
Reportage Prime Properties
Completed
2024
Last sold
AED 236K · May 2025
Building
Alexis Tower

About 623, Alexis Tower

623 is a studio of 309 sqft on the 6th 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 14 May 2025 for AED 236,000, or AED 764 per sqft, 42% below the AED 1,328 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 8 July 2026, is AED 30,000 a year: a gross yield of 12.7% on the 2025 price.

Sales and rents for 623 over time

Sales
Unit 623, each saleTypical studio in Alexis Tower
200K400K2021202320252027Typical 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, May 2025: AED 236,000 (AED 764 per sqft)

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

Rents
Unit 623, each contractTypical studio in Alexis Tower
30K40K202520262027Typical rent by year: 2025 AED 44,000; 2026 AED 43,000New contract, July 2025: AED 30,000 a yearNew contract, July 2025: AED 30,000 a yearRenewal, July 2026: AED 30,000 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 623 sits

All 258 studios →

623 last sold in May 2025 at AED 764 per sqft, 42% below what studios in Alexis Tower were fetching at the time (AED 1,328). 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. 623's AED 30,000 is at the bottom 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 6th floor

All 369 units in Alexis Tower
Value
601StudioAED 338K · Mar 2025
602StudioAED 338K · Feb 2025
6031-bedAED 750K · Feb 2025
604StudioAED 424K · Feb 2025
605StudioAED 480K · Jul 2024
606StudioAED 430K · Jul 2023
607StudioAED 320K · Feb 2022
1–7 of 25

623, Alexis Tower in numbers

  • Sold once: by Reportage Prime Properties on 14 May 2025 for AED 236,000, or AED 764 per sqft.
  • Rented since July 2025 on 3 Ejari contracts, at AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2025 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 8 July 2026.

Questions about 623, Alexis Tower

What did unit 623 last sell for?

AED 236,000 on 14 May 2025, sold by the developer: AED 764 per sqft for 309 sqft. It is the only registered sale of the unit.

What is the rent for unit 623?

AED 30,000 a year on the contract renewed on 8 July 2026. The previous contract, from July 2025, was AED 30,000; the unit has been rented since July 2025.

How big is unit 623?

309 sqft (28.7 sqm): a studio on the 6th floor of a 16-storey tower completed in 2024.

What is unit 623 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 623, Alexis Tower

Starts from the last sale price (AED 236K, 14 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 236,000
Deposit, UAE resident (20%)
AED 47,200
Deposit, non-resident (40%)
AED 94,400
Monthly over 25 years at 3.7%
AED 966

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