1-bed · 682 sqftAykon City Tower B, Business Bay · 16th floor · completed 2023

1605, Aykon City Tower B

Sold prices and rental history: sold twice, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 5 December 2023
Last soldAED 1.02M5 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Aykon City Tower B

What is 1605 worth today?

Last sold for AED 1,018,113 in 2023

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5 Dec 2023SoldReady
AED 1,018,113AED 1,493 per sqft
4 Oct 2016Sold by developerOff-plan
AED 1,253,050AED 1,836 per sqft

Source: Dubai Land Department. Updated 5 December 2023.

Key facts

Type
1-bed hotel apartment
Size
682 sqft
Floor
16th of 64
Parking
P10-53
Developer
DAMAC
Completed
2023
Service charge
AED 19,300 /yr
Last sold
AED 1.02M · December 2023

About 1605, Aykon City Tower B

1605 is a one-bedroom hotel apartment of 682 sqft on the 16th floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 5 December 2023 for AED 1,018,113, or AED 1,493 per sqft, 32% below the AED 2,183 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1605 over time

Sales
Unit 1605, 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, October 2016: AED 1,253,050 (AED 1,836 per sqft)Sold, December 2023: AED 1,018,113 (AED 1,493 per sqft)

1605 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1605, 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 1605 sits

All 516 1-beds →

1605 last sold in December 2023 at AED 1,493 per sqft, 32% below what one-beds in Aykon City Tower B were fetching at the time (AED 2,183). 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 16th floor

All 1,200 units in Aykon City Tower B
Value
16012-bedAED 1.78M · May 2016
1602StudioAED 852K · Mar 2022
1603StudioAED 817K · Apr 2016
16041-bedAED 1.29M · May 2022
16061-bedAED 1.24M · Aug 2017
16071-bedAED 1.33M · Jun 2016
1608StudioAED 750K · Apr 2025
1–7 of 23

1605, Aykon City Tower B in numbers

  • Sold twice: first on 4 October 2016 for AED 1,253,050, last on 5 December 2023 for AED 1,018,113 (AED 1,493 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 5 December 2023.

Questions about 1605, Aykon City Tower B

What did unit 1605 last sell for?

AED 1,018,113 on 5 December 2023: AED 1,493 per sqft for 682 sqft. The unit has 2 registered sales; the first was AED 1,253,050 in October 2016.

How big is unit 1605?

682 sqft (63.4 sqm): a one-bedroom hotel apartment on the 16th floor of a 64-storey tower completed in 2023.

What is unit 1605 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 1605, Aykon City Tower B

Starts from the last sale price (AED 1.02M, 5 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,018,113
Deposit, UAE resident (20%)
AED 203,623
Deposit, non-resident (40%)
AED 407,245
Monthly over 25 years at 3.7%
AED 4,165

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