Studio · 339 sqftAlexis Tower, Jebel Ali Free Zone · 7th floor · completed 2024

702, Alexis Tower

Sold prices and rental history: sold twice, last in November 2023, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 450K14 November 2023
Current rentAED 38K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Alexis Tower

What is 702 worth today?

Last sold for AED 450,000 in 2023

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1 Oct 2026RentedNew contract
AED 38,000/yr12 months · AED 114 per sqft
14 Nov 2023SoldOff-plan
AED 450,000AED 1,328 per sqft
25 Jan 2023Sold by developerOff-plan
AED 425,010AED 1,254 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
339 sqft
Floor
7th of 16
Parking
1
Developer
Reportage Prime Properties
Completed
2024
Last sold
AED 450K · November 2023
Building
Alexis Tower

About 702, Alexis Tower

702 is a studio of 339 sqft on the 7th floor of Alexis Tower, a 16-storey tower in Jebel Ali Free Zone completed in 2024 by Reportage Prime Properties . It last sold on 14 November 2023 for AED 450,000, or AED 1,328 per sqft, 12% above the AED 1,191 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2026. The current contract, signed on 1 October 2026, is AED 38,000 a year: a gross yield of 8.4% on the 2023 price.

Sales and rents for 702 over time

Sales
Unit 702, 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, January 2023: AED 425,010 (AED 1,254 per sqft)Sold, November 2023: AED 450,000 (AED 1,328 per sqft)

702 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 702, each contractTypical studio in Alexis Tower
40K45K202520262027Typical rent by year: 2025 AED 44,000; 2026 AED 43,000New contract, October 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 702 sits

All 258 studios →

702 last sold in November 2023 at AED 1,328 per sqft, 12% above what studios in Alexis Tower were fetching at the time (AED 1,191). 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. 702'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 7th floor

All 369 units in Alexis Tower
Value
701StudioAED 421K · Mar 2022
7031-bedAED 600K · Dec 2021
704StudioAED 450K · Sep 2021
705StudioAED 429K · Jun 2022
706StudioAED 439K · Mar 2022
707StudioAED 439K · Nov 2021
708StudioAED 439K · Nov 2021
1–7 of 25

702, Alexis Tower in numbers

  • Sold twice: first on 25 January 2023 for AED 425,010, last on 14 November 2023 for AED 450,000 (AED 1,328 per sqft).
  • Rented since October 2026 on one Ejari contract, at AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2023 price is 8.4%.
  • 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 1 October 2026.

Questions about 702, Alexis Tower

What did unit 702 last sell for?

AED 450,000 on 14 November 2023: AED 1,328 per sqft for 339 sqft. The unit has 2 registered sales; the first was AED 425,010 in January 2023.

What is the rent for unit 702?

AED 38,000 a year on the contract signed on 1 October 2026.

How big is unit 702?

339 sqft (31.5 sqm): a studio on the 7th floor of a 16-storey tower completed in 2024.

What is unit 702 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 702, Alexis Tower

Starts from the last sale price (AED 450K, 14 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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