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Studio · 312 sqftAlexis Tower, Jebel Ali Free Zone · 7th floor · completed 2024

723, Alexis Tower

Sold prices and rental history: sold once, by the developer in March 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 723 · DLD and Ejari recordsUpdated 16 April 2026
Last soldAED 390K24 March 2022
Current rentAED 48K /yr16 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 723, Alexis Tower

What is 723 worth today?

Last sold for AED 390,118 in 2022

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16 Apr 2026RentedRenewal
AED 48,300/yr12 months · AED 160 per sqft
16 Apr 2025RentedNew contract
AED 46,000/yr12 months · AED 147 per sqft
24 Mar 2022Sold by developerOff-plan
AED 390,118AED 1,251 per sqft

Source: Dubai Land Department. Updated 16 April 2026.

Key facts

Type
Studio apartment
Size
312 sqft
Floor
7th of 16
Parking
1
Developer
Reportage Prime Properties
Completed
2024
Last sold
AED 390K · March 2022
Building
Alexis Tower

About 723, Alexis Tower

723 is a studio of 312 sqft on the 7th 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 24 March 2022 for AED 390,118, or AED 1,251 per sqft, 4% above the AED 1,204 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 16 April 2026, is AED 48,300 a year: a gross yield of 12.4% on the 2022 price.

Sales and rents for 723 over time

Sales
Unit 723, 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, March 2022: AED 390,118 (AED 1,251 per sqft)

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

Rents
Unit 723, each contractTypical studio in Alexis Tower
43K45K48K202520262027Typical rent by year: 2025 AED 44,000; 2026 AED 43,000New contract, April 2025: AED 46,000 a yearRenewal, April 2026: AED 48,300 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 723 sits

All 258 studios →

723 last sold in March 2022 at AED 1,251 per sqft, 4% above what studios in Alexis Tower were fetching at the time (AED 1,204). 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. 723's AED 48,300 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 7th floor

All 369 units in Alexis Tower
Value
701StudioAED 421K · Mar 2022
702StudioAED 450K · Nov 2023
7031-bedAED 600K · Dec 2021
704StudioAED 450K · Sep 2021
705StudioAED 429K · Jun 2022
706StudioAED 439K · Mar 2022
707StudioAED 439K · Nov 2021
1–7 of 25

723, Alexis Tower in numbers

  • Sold once: by Reportage Prime Properties on 24 March 2022 for AED 390,118, or AED 1,251 per sqft.
  • Rented since April 2025 on 2 Ejari contracts, from AED 46,000 to AED 48,300 a year.
  • At AED 48,300 a year the gross yield on the 2022 price is 12.4%.
  • 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 16 April 2026.

Questions about 723, Alexis Tower

What did unit 723 last sell for?

AED 390,118 on 24 March 2022, sold by the developer: AED 1,251 per sqft for 312 sqft. It is the only registered sale of the unit.

What is the rent for unit 723?

AED 48,300 a year on the contract renewed on 16 April 2026. The previous contract, from April 2025, was AED 46,000.

How big is unit 723?

312 sqft (29.0 sqm): a studio on the 7th floor of a 16-storey tower completed in 2024.

What is unit 723 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 723, Alexis Tower

Starts from the last sale price (AED 390K, 24 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 390,118
Deposit, UAE resident (20%)
AED 78,024
Deposit, non-resident (40%)
AED 156,047
Monthly over 25 years at 3.7%
AED 1,596

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