
1216, Aykon City Tower B
Sold prices and rental history: sold once, by the developer in June 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1216, Aykon City Tower B
What is 1216 worth today?
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Source: Dubai Land Department. Updated 4 June 2020.
Key facts
- Type
- Studio hotel apartment
- Size
- 427 sqft
- Floor
- 12th of 64
- Parking
- 1
- Developer
- DAMAC
- Completed
- 2023
- Service charge
- AED 12,100 /yr
- Last sold
- AED 678K · June 2020
- Building
- Aykon City Tower B
About 1216, Aykon City Tower B
1216 is a studio of 427 sqft on the 12th floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 4 June 2020 for AED 678,000, or AED 1,587 per sqft, 16% below the AED 1,900 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1216 over time
1216 has sold once; the dashed line is the studio median of each year in the building.
Studios in Aykon City Tower B, and where 1216 sits
All 503 studios →1216 last sold in June 2020 at AED 1,587 per sqft, 16% below what studios in Aykon City Tower B were fetching at the time (AED 1,900). Over the last 12 months studios sold for AED 500,000 to 992,000, around AED 1,689 per sqft, and rent for AED 95,000 to 95,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 426 sqft | 598,610 | 1,403 | ||
| 25 Sep 202625 September 2026 | 331 sqft | 891,800 | 2,692 | ||
| 23 Sep 202623 September 2026 | 426 sqft | 774,000 | 1,818 | ||
| 4 Sep 20264 September 2026 | 449 sqft | 850,000 | 1,891 |
Aykon City Tower B
Building1,200 apartments, studios to 3-bed over 64 floors in Business Bay, completed in 2023 by DAMAC. 102 sold in the last 12 months.
- Typical price per sqft
- AED 1,658 Up 0.9%
- Typical sale
- AED 909K
- Typical rent
- AED 75K /yr
- Typical yield
- 10.9%
Other units on the 12th floor
All 1,200 units in Aykon City Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,301 sqft | AED 2.81MAED 2,813,000 · Jun 2025June 2025 | ||
| 1202 | Studio | 426 sqft | AED 884KAED 884,450 · Jul 2016July 2016 | ||
| 1203 | Studio | 426 sqft | AED 831KAED 831,000 · Apr 2022April 2022 | ||
| 1204 | 1-bed | 673 sqft | AED 1.2MAED 1,200,800 · Oct 2016October 2016 | ||
| 1205 | 1-bed | 682 sqft | AED 1.25MAED 1,253,050 · Sep 2016September 2016 | ||
| 1206 | 1-bed | 674 sqft | AED 1.1MAED 1,100,000 · May 2024May 2024 | ||
| 1207 | 1-bed | 725 sqft | AED 1.4MAED 1,398,000 · Jul 2022July 2022 | ||
| 1208 | Studio | 460 sqft | AED 1.05MAED 1,052,000 · Oct 2023October 2023 | ||
| 1209 | Studio | 347 sqft | AED 500KAED 500,000 · Aug 2026August 2026 | ||
| 1210 | Studio | 343 sqft | AED 640KAED 640,300 · Jun 2016June 2016 | ||
| 1211 | 1-bed | 788 sqft | AED 1.52MAED 1,517,000 · Jul 2022July 2022 | ||
| 1212 | 2-bed | 1,008 sqft | AED 1.84MAED 1,842,000 · Jul 2022July 2022 | ||
| 1213 | Studio | 420 sqft | AED 787KAED 786,600 · May 2016May 2016 | ||
| 1214 | Studio | 420 sqft | AED 793KAED 792,820 · Jun 2022June 2022 | ||
| 1217 | Studio | 414 sqft | AED 781KAED 781,060 · Jun 2022June 2022 | ||
| 1218 | 1-bed | 646 sqft | AED 1.14MAED 1,136,200 · Oct 2018October 2018 | ||
| 1219 | Studio | 421 sqft | AED 730KAED 730,000 · Jan 2025January 2025 | ||
| 1220 | 1-bed | 619 sqft | AED 1.16MAED 1,162,000 · Jan 2018January 2018 | ||
| 1221 | 1-bed | 684 sqft | AED 1.25MAED 1,247,000 · Nov 2017November 2017 | ||
| 1222 | 1-bed | 696 sqft | AED 1.35MAED 1,350,000 · Nov 2024November 2024 | ||
| 1223 | 1-bed | 605 sqft | AED 1.12MAED 1,121,000 · Aug 2017August 2017 | ||
| 1224 | 1-bed | 695 sqft | AED 1.36MAED 1,358,000 · Jun 2022June 2022 | ||
| 1225 | 3-bed | 1,686 sqft | AED 3.08MAED 3,082,000 · Mar 2023March 2023 |
1216, Aykon City Tower B in numbers
- Sold once: by DAMAC on 4 June 2020 for AED 678,000, or AED 1,587 per sqft.
- Studios in Aykon City Tower B sold for AED 500,000–992,000 in the 12 months to November 2026; the building's median across all types is AED 1,658 per sqft.
Source: Dubai Land Department. Updated 4 June 2020.
Questions about 1216, Aykon City Tower B
What did unit 1216 last sell for?
AED 678,000 on 4 June 2020, sold by the developer: AED 1,587 per sqft for 427 sqft. It is the only registered sale of the unit.
How big is unit 1216?
427 sqft (39.7 sqm): a studio on the 12th floor of a 64-storey tower completed in 2023.
What is unit 1216 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Aykon City Tower B sold for AED 500,000 to 992,000 in the last 12 months, around AED 1,689 per sqft.
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Mortgage on 1216, Aykon City Tower B
Starts from the last sale price (AED 678K, 4 June 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 678,000
- Deposit, UAE resident (20%)
- AED 135,600
- Deposit, non-resident (40%)
- AED 271,200
- Monthly over 25 years at 3.7%
- AED 2,774
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →