1-bed · 696 sqftAykon City Tower B, Business Bay · 12th floor · completed 2023

1222, Aykon City Tower B

Sold prices and rental history: sold 3 times, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1222 · DLD and Ejari recordsUpdated 27 November 2024
Last soldAED 1.35M27 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1222, Aykon City Tower B

What is 1222 worth today?

Last sold for AED 1,350,000 in 2024

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27 Nov 2024SoldReady
AED 1,350,000AED 1,939 per sqft
12 Sep 2024SoldReady
AED 1,100,000AED 1,580 per sqft
25 Jul 2016Sold by developerOff-plan
AED 1,173,250AED 1,686 per sqft

Source: Dubai Land Department. Updated 27 November 2024.

Key facts

Type
1-bed hotel apartment
Size
696 sqft
Floor
12th of 64
Parking
P10-18
Developer
DAMAC
Completed
2023
Service charge
AED 19,700 /yr
Last sold
AED 1.35M · November 2024

About 1222, Aykon City Tower B

1222 is a one-bedroom hotel apartment of 696 sqft on the 12th floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 27 November 2024 for AED 1,350,000, or AED 1,939 per sqft, 4% above the AED 1,872 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1222 over time

Sales
Unit 1222, each saleTypical one-bed in Aykon City Tower B
1M1.2M1.4M2016201920222025Typical sale price by year: 2016 AED 1,267,300; 2017 AED 1,236,800; 2018 AED 1,243,000; 2019 AED 1,318,800; 2020 AED 1,129,500; 2021 AED 1,151,000; 2022 AED 1,402,000; 2023 AED 1,450,000; 2024 AED 1,245,000; 2025 AED 1,125,000; 2026 AED 1,050,000Sold by developer, July 2016: AED 1,173,250 (AED 1,686 per sqft)Sold, September 2024: AED 1,100,000 (AED 1,580 per sqft)Sold, November 2024: AED 1,350,000 (AED 1,939 per sqft)

1222 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1222, each contractTypical one-bed in Aykon City Tower B
50K75K100K202420252026Typical rent by year: 2024 AED 100,000; 2025 AED 55,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Aykon City Tower B, and where 1222 sits

All 516 1-beds →

1222 last sold in November 2024 at AED 1,939 per sqft, 4% above what one-beds in Aykon City Tower B were fetching at the time (AED 1,872). Over the last 12 months one-beds sold for AED 686,000 to 1,680,000, around AED 1,509 per sqft, and rent for AED 55,000 to 55,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 20268,069,228
19 Oct 20261,235,820
9 Oct 20261,130,000
25 Sep 2026995,000
36 1-bed sales in the last 12 months

Aykon City Tower B

Building

1,200 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%
Aykon City Tower B, Business Bay: prices, sales and rents →

Other units on the 12th floor

All 1,200 units in Aykon City Tower B
Value
12012-bedAED 2.81M · Jun 2025
1202StudioAED 884K · Jul 2016
1203StudioAED 831K · Apr 2022
12041-bedAED 1.2M · Oct 2016
12051-bedAED 1.25M · Sep 2016
12061-bedAED 1.1M · May 2024
12071-bedAED 1.4M · Jul 2022
1–7 of 23

1222, Aykon City Tower B in numbers

  • Sold 3 times: first on 25 July 2016 for AED 1,173,250, last on 27 November 2024 for AED 1,350,000 (AED 1,939 per sqft).
  • One-beds in Aykon City Tower B sold for AED 686,000–1,680,000 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 27 November 2024.

Questions about 1222, Aykon City Tower B

What did unit 1222 last sell for?

AED 1,350,000 on 27 November 2024: AED 1,939 per sqft for 696 sqft. The unit has 3 registered sales; the first was AED 1,173,250 in July 2016.

How big is unit 1222?

696 sqft (64.7 sqm): a one-bedroom hotel apartment on the 12th floor of a 64-storey tower completed in 2023.

What is unit 1222 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Aykon City Tower B sold for AED 686,000 to 1,680,000 in the last 12 months, around AED 1,509 per sqft.

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Mortgage on 1222, Aykon City Tower B

Starts from the last sale price (AED 1.35M, 27 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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