1-bed · 605 sqftAykon City Tower B, Business Bay · 29th floor · completed 2023

2923, Aykon City Tower B

Sold prices and rental history: sold once, by the developer in May 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2923 · DLD and Ejari recordsUpdated 4 May 2017
Last soldAED 1M4 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2923, Aykon City Tower B

What is 2923 worth today?

Last sold for AED 1,003,200 in 2017

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4 May 2017Sold by developerOff-plan
AED 1,003,200AED 1,657 per sqft

Source: Dubai Land Department. Updated 4 May 2017.

Key facts

Type
1-bed hotel apartment
Size
605 sqft
Floor
29th of 64
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 17,200 /yr
Last sold
AED 1M · May 2017

About 2923, Aykon City Tower B

2923 is a one-bedroom hotel apartment of 605 sqft on the 29th floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 4 May 2017 for AED 1,003,200, or AED 1,657 per sqft, 10% below the AED 1,840 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2923 over time

Sales
Unit 2923, each saleTypical one-bed in Aykon City Tower B
1M1.25M1.5M2016201920222025Typical 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, May 2017: AED 1,003,200 (AED 1,657 per sqft)

2923 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2923, 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 2923 sits

All 516 1-beds →

2923 last sold in May 2017 at AED 1,657 per sqft, 10% below what one-beds in Aykon City Tower B were fetching at the time (AED 1,840). 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 29th floor

All 1,200 units in Aykon City Tower B
Value
29012-bedAED 2.03M · Sep 2025
2902StudioAED 740K · May 2024
2903StudioAED 740K · Mar 2024
29041-bedAED 1.07M · May 2017
29051-bedAED 1.3M · May 2024
29061-bedAED 1.24M · Sep 2017
29071-bedAED 1.17M · Sep 2017
1–7 of 23

2923, Aykon City Tower B in numbers

  • Sold once: by DAMAC on 4 May 2017 for AED 1,003,200, or AED 1,657 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 4 May 2017.

Questions about 2923, Aykon City Tower B

What did unit 2923 last sell for?

AED 1,003,200 on 4 May 2017, sold by the developer: AED 1,657 per sqft for 605 sqft. It is the only registered sale of the unit.

How big is unit 2923?

605 sqft (56.2 sqm): a one-bedroom hotel apartment on the 29th floor of a 64-storey tower completed in 2023.

What is unit 2923 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 2923, Aykon City Tower B

Starts from the last sale price (AED 1M, 4 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,003,200
Deposit, UAE resident (20%)
AED 200,640
Deposit, non-resident (40%)
AED 401,280
Monthly over 25 years at 3.7%
AED 4,104

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