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Studio · 313 sqftAlexis Tower, Jebel Ali Free Zone · 7th floor · completed 2024

724, Alexis Tower

Sold prices and rental history: sold twice, last 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 724 · DLD and Ejari recordsUpdated 31 July 2026
Last soldAED 500K6 May 2025
Current rentAED 41K /yr31 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 724, Alexis Tower

What is 724 worth today?

Last sold for AED 499,500 in 2025

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31 Jul 2026RentedRenewal
AED 41,000/yr12 months · AED 131 per sqft
31 Jul 2025RentedNew contract
AED 41,000/yr12 months · AED 131 per sqft
6 May 2025SoldReady
AED 499,500AED 1,595 per sqft
3 Nov 2021Sold by developerOff-plan
AED 390,118AED 1,234 per sqft

Source: Dubai Land Department. Updated 31 July 2026.

Key facts

Type
Studio apartment
Size
313 sqft
Floor
7th of 16
Parking
B3-59
Developer
Reportage Prime Properties
Completed
2024
Last sold
AED 500K · May 2025
Building
Alexis Tower

About 724, Alexis Tower

724 is a studio of 313 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 6 May 2025 for AED 499,500, or AED 1,595 per sqft, 19% above the AED 1,344 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 31 July 2026, is AED 41,000 a year: a gross yield of 8.2% on the 2025 price.

Sales and rents for 724 over time

Sales
Unit 724, 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, November 2021: AED 390,118 (AED 1,234 per sqft)Sold, May 2025: AED 499,500 (AED 1,595 per sqft)

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

Rents
Unit 724, each contractTypical studio in Alexis Tower
42K44K202520262027Typical rent by year: 2025 AED 44,000; 2026 AED 43,000New contract, July 2025: AED 41,000 a yearRenewal, July 2026: AED 41,000 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 724 sits

All 258 studios →

724 last sold in May 2025 at AED 1,595 per sqft, 19% above what studios in Alexis Tower were fetching at the time (AED 1,344). 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. 724's AED 41,000 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
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

724, Alexis Tower in numbers

  • Sold twice: first on 3 November 2021 for AED 390,118, last on 6 May 2025 for AED 499,500 (AED 1,595 per sqft).
  • Rented since July 2025 on 2 Ejari contracts, at AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2025 price is 8.2%.
  • 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 31 July 2026.

Questions about 724, Alexis Tower

What did unit 724 last sell for?

AED 499,500 on 6 May 2025: AED 1,595 per sqft for 313 sqft. The unit has 2 registered sales; the first was AED 390,118 in November 2021.

What is the rent for unit 724?

AED 41,000 a year on the contract renewed on 31 July 2026. The previous contract, from July 2025, was AED 41,000.

How big is unit 724?

313 sqft (29.1 sqm): a studio on the 7th floor of a 16-storey tower completed in 2024.

What is unit 724 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 724, Alexis Tower

Starts from the last sale price (AED 500K, 6 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 499,500
Deposit, UAE resident (20%)
AED 99,900
Deposit, non-resident (40%)
AED 199,800
Monthly over 25 years at 3.7%
AED 2,044

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