2-bed · 1,077 sqftAykon City Tower B, Business Bay · 17th floor · completed 2023

1701, Aykon City Tower B

Sold prices and rental history: sold once, by the developer in June 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 13 June 2016
Last soldAED 1.79M13 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, Aykon City Tower B

What is 1701 worth today?

Last sold for AED 1,792,650 in 2016

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13 Jun 2016Sold by developerOff-plan
AED 1,792,650AED 1,665 per sqft

Source: Dubai Land Department. Updated 13 June 2016.

Key facts

Type
2-bed hotel apartment
Size
1,077 sqft
Floor
17th of 64
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 30,600 /yr
Last sold
AED 1.79M · June 2016

About 1701, Aykon City Tower B

1701 is a two-bedroom hotel apartment of 1,077 sqft on the 17th floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 13 June 2016 for AED 1,792,650, or AED 1,665 per sqft, 4% below the AED 1,734 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1701 over time

Sales
Unit 1701, each saleTypical two-bed in Aykon City Tower B
1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,832,075; 2017 AED 1,714,000; 2018 AED 1,984,950; 2019 AED 1,973,940; 2020 AED 1,517,000; 2021 AED 2,323,000; 2022 AED 2,055,000; 2023 AED 2,265,000; 2025 AED 1,600,000; 2026 AED 1,909,183Sold by developer, June 2016: AED 1,792,650 (AED 1,665 per sqft)

1701 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Aykon City Tower B, and where 1701 sits

All 136 2-beds →

1701 last sold in June 2016 at AED 1,665 per sqft, 4% below what two-beds in Aykon City Tower B were fetching at the time (AED 1,734). Over the last 12 months two-beds sold for AED 1,500,000 to 2,150,000, around AED 1,689 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20262,000,000
16 Jul 20262,000,000
17 Jun 20261,550,000
8 May 20261,818,365
11 2-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 17th floor

All 1,200 units in Aykon City Tower B
Value
1702StudioAED 700K · Jun 2024
1703StudioAED 789K · May 2016
17041-bedAED 1.02M · Aug 2020
17051-bedAED 1.54M · Dec 2024
17061-bedAED 1M · Jun 2026
17071-bedAED 1.13M · Mar 2025
1708StudioAED 846K · Apr 2016
1–7 of 23

1701, Aykon City Tower B in numbers

  • Sold once: by DAMAC on 13 June 2016 for AED 1,792,650, or AED 1,665 per sqft.
  • Two-beds in Aykon City Tower B sold for AED 1,500,000–2,150,000 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 13 June 2016.

Questions about 1701, Aykon City Tower B

What did unit 1701 last sell for?

AED 1,792,650 on 13 June 2016, sold by the developer: AED 1,665 per sqft for 1,077 sqft. It is the only registered sale of the unit.

How big is unit 1701?

1,077 sqft (100.1 sqm): a two-bedroom hotel apartment on the 17th floor of a 64-storey tower completed in 2023.

What is unit 1701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Aykon City Tower B sold for AED 1,500,000 to 2,150,000 in the last 12 months, around AED 1,689 per sqft.

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Mortgage on 1701, Aykon City Tower B

Starts from the last sale price (AED 1.79M, 13 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,792,650
Deposit, UAE resident (20%)
AED 358,530
Deposit, non-resident (40%)
AED 717,060
Monthly over 25 years at 3.7%
AED 7,334

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