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Alexis Tower

A studio in Alexis Tower costs a median AED 491,085 and rents long-let for AED 44,000/yr (8.63% gross) — +0.0 pts vs Downtown Jebel Ali's 8.63% and +1.7 pts vs Dubai's 6.97% — from 108 sales and 260 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
33 in 12 months
Rental contracts · Studio
157 in 12 months
Buy
491,085AED
AED 1,549/sqft
Long-let
8.63%
AED 44,000/yr

Price per sqft: Median of 6 registered sales of ready units in the last 6 months, most recent July 2026.

Priced off 3 sales in the last 3 months.

Yield spread
+0.0 pts
vs the Downtown Jebel Ali median for this unit type
Turnover upside
+2.3%
new tenants pay more than sitting ones — 36 renewals
AED/yr/sqft
AED 129
Sales
108
Rental contracts
260
Renewal rent
AED 43,000/yr
12 months
+18.1%
3 years
+29.3%+8.9%/yr
5 years
+31.3%+5.6%/yr

Based on 108 sales and 260 rental contracts in the last 24 months.

Alexis Tower is an apartment building in Downtown Jebel Ali, Dubai. The closest metro station is UAE Exchange Metro Station, the nearest mall Ibn-e-Battuta Mall and the nearest landmark Expo 2020 Site. Land Department records for it run from 2020 to 2026, 910 registered sales in all — the 108 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 491,08514278.63%
+0.0 pts
+18.1%108
1 bedAED 784,47011157.81%
-0.8 pts
+9.8%36
2 bedAED 930,00011438.29%
+0.3 pts
+20.3%7

Deltas compare each yield with the Downtown Jebel Ali median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Off-plan vs resale

Units sold off-plan in Alexis Tower between 2020 and 2025 went for a median of AED 1,165/sqft (AED 439,000). The same building resells today at AED 1,295/sqft (AED 525,000) — an uplift of +20.7%.

Based on 335 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

51 resales in the last 12 months, against 75 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
14 Aug 20261 bed605AED 750,0001,240
24 Jul 2026Studio357AED 510,0001,427
17 Jul 2026Studio250AED 300,0001,200
9 Jun 2026Studio343AED 530,0001,544

4 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
2 Oct 2026Studio365AED 44,000121Renewal
15 Sept 20262 bed814AED 83,000102New
5 Sept 2026Studio353AED 42,000119Renewal
1 Sept 2026Studio335AED 40,000119New
1 Sept 20261 bed664AED 60,00090New
1 Sept 2026Studio366AED 42,000115New
28 Aug 2026Studio357AED 40,000112New
25 Aug 2026Studio353AED 40,000113New
25 Aug 20261 bed706AED 58,00082New
25 Aug 20261 bed692AED 63,00091Renewal
23 Aug 2026Studio357AED 40,000112Renewal
23 Aug 2026Studio360AED 40,000111New
20 Aug 2026Studio351AED 42,000120New
20 Aug 2026Studio340AED 40,000118New
19 Aug 2026Studio313AED 40,000128New
17 Aug 2026Studio351AED 40,000114New
16 Aug 20261 bed605AED 58,50097Renewal
15 Aug 2026Studio364AED 42,000115New
15 Aug 20262 bed814AED 78,00096New
15 Aug 20261 bed692AED 62,00090New
9 Aug 20261 bed707AED 62,00088Renewal
8 Aug 2026Studio298AED 38,000127New
7 Aug 20261 bed720AED 57,50080New
6 Aug 2026Studio343AED 40,000117New
4 Aug 20262 bed814AED 60,00074New
3 Aug 2026Studio348AED 47,000135New
2 Aug 2026Studio314AED 40,000127New
2 Aug 20261 bed664AED 65,00098Renewal
1 Aug 2026Studio352AED 48,000136New
1 Aug 2026Studio366AED 40,000109New
1 Aug 20261 bed607AED 65,000107New
1 Aug 20261 bed720AED 60,00083Renewal
1 Aug 2026Studio369AED 37,000100New
1 Aug 2026Studio309AED 37,000120New
31 Jul 2026Studio352AED 48,000136New
31 Jul 2026Studio313AED 41,000131Renewal
25 Jul 2026Studio335AED 43,000128Renewal
25 Jul 20261 bed720AED 60,00083Renewal
25 Jul 2026Studio384AED 42,000109Renewal
21 Jul 2026Studio360AED 43,000120Renewal
21 Jul 20261 bed693AED 63,00091Renewal
20 Jul 2026Studio362AED 40,000111Renewal
16 Jul 2026Studio362AED 48,000133Renewal
15 Jul 2026Studio387AED 40,000103Renewal
15 Jul 2026Studio314AED 40,500129New
15 Jul 2026Studio298AED 40,000134Renewal
15 Jul 20261 bed607AED 62,000102New
15 Jul 2026Studio313AED 40,000128New
15 Jul 20261 bed707AED 65,00092New
13 Jul 20261 bed707AED 60,00085Renewal
12 Jul 2026Studio333AED 43,200130New
10 Jul 2026Studio362AED 47,000130Renewal
10 Jul 2026Studio360AED 30,00083New
10 Jul 2026Studio309AED 40,000130Renewal
8 Jul 20261 bed665AED 58,00087New
8 Jul 2026Studio309AED 30,00097Renewal
7 Jul 20261 bed662AED 63,00095New
5 Jul 2026Studio362AED 40,000111New
4 Jul 2026Studio312AED 50,000160New
1 Jul 2026Studio357AED 42,000118New

Showing the 60 most recent of 102 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
20
Lifts
4
Parking bays
369
Swimming pools
1

Nearby

Metro
UAE Exchange Metro Station
Mall
Ibn-e-Battuta Mall
Landmark
Expo 2020 Site

Compare with nearby buildings

The most-traded buildings in Downtown Jebel Ali, on the same figures over the same window.

Common questions

What is the rental yield in Alexis Tower?
Alexis Tower returns 8.63% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 260 rental contracts registered in the last 24 months.
How much does a studio in Alexis Tower cost?
The median registered sale price is AED 491,085 (1,427 AED/sqft), from 108 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Alexis Tower selling for right now?
Registered sales of ready units in Alexis Tower over the last 6 months have a median of 1,549 AED/sqft, across 6 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Alexis Tower risen or fallen?
Median price per square foot moved +18.1% over the last 12 months against the 12 before it, on 108 registered sales. On a sample this size, read the direction rather than the exact figure.
Do new tenants in Alexis Tower pay more than sitting ones?
A new tenant pays +2.3% against a renewing one, across 36 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Alexis Tower sale record

Record type
Building-level property market record
Data date
Evidence base
108 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/downtown-jebel-ali/alexis-tower
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Alexis Tower sale prices and yield.” Downtown Jebel Ali, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/downtown-jebel-ali/alexis-tower.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.