1224, Aykon City Tower B
Sold prices and rental history: sold once, by the developer in June 2022, 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 1224, Aykon City Tower B
What is 1224 worth today?
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Source: Dubai Land Department. Updated 23 June 2022.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 695 sqft
- Floor
- 12th of 64
- Parking
- 1
- Developer
- DAMAC
- Completed
- 2023
- Service charge
- AED 19,700 /yr
- Last sold
- AED 1.36M · June 2022
- Building
- Aykon City Tower B
About 1224, Aykon City Tower B
1224 is a one-bedroom hotel apartment of 695 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 23 June 2022 for AED 1,358,000, or AED 1,952 per sqft, in line with the AED 1,960 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1224 over time
1224 has sold once; the dashed line is the one-bed median of each year in the building.
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 1224 sits
All 516 1-beds →1224 last sold in June 2022 at AED 1,952 per sqft, in line with what one-beds in Aykon City Tower B were fetching at the time (AED 1,960). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 689 sqft | 8,069,228 | 11,713 | ||
| 19 Oct 202619 October 2026 | 407 sqft | 1,235,820 | 3,034 | ||
| 9 Oct 20269 October 2026 | 873 sqft | 1,130,000 | 1,294 | ||
| 25 Sep 202625 September 2026 | 695 sqft | 995,000 | 1,430 |
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 | ||
| 1216 | Studio | 427 sqft | AED 678KAED 678,000 · Jun 2020June 2020 | ||
| 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 | ||
| 1225 | 3-bed | 1,686 sqft | AED 3.08MAED 3,082,000 · Mar 2023March 2023 |
1224, Aykon City Tower B in numbers
- Sold once: by DAMAC on 23 June 2022 for AED 1,358,000, or AED 1,952 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 23 June 2022.
Questions about 1224, Aykon City Tower B
What did unit 1224 last sell for?
AED 1,358,000 on 23 June 2022, sold by the developer: AED 1,952 per sqft for 695 sqft. It is the only registered sale of the unit.
How big is unit 1224?
695 sqft (64.6 sqm): a one-bedroom hotel apartment on the 12th floor of a 64-storey tower completed in 2023.
What is unit 1224 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 1224, Aykon City Tower B
Starts from the last sale price (AED 1.36M, 23 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,358,000
- Deposit, UAE resident (20%)
- AED 271,600
- Deposit, non-resident (40%)
- AED 543,200
- Monthly over 25 years at 3.7%
- AED 5,556
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →