Studio · 427 sqftAykon City Tower B, Business Bay · 31st floor · completed 2023

3116, Aykon City Tower B

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

Unit 3116 · DLD and Ejari recordsUpdated 18 January 2024
Last soldAED 700K18 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3116, Aykon City Tower B

What is 3116 worth today?

Last sold for AED 700,000 in 2024

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18 Jan 2024SoldReady
AED 700,000AED 1,638 per sqft
12 Jul 2016Sold by developerOff-plan
AED 699,200AED 1,637 per sqft

Source: Dubai Land Department. Updated 18 January 2024.

Key facts

Type
Studio hotel apartment
Size
427 sqft
Floor
31st of 64
Parking
P7-98
Developer
DAMAC
Completed
2023
Service charge
AED 12,100 /yr
Last sold
AED 700K · January 2024

About 3116, Aykon City Tower B

3116 is a studio of 427 sqft on the 31st floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 18 January 2024 for AED 700,000, or AED 1,638 per sqft, 17% below the AED 1,968 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3116 over time

Sales
Unit 3116, each saleTypical studio in Aykon City Tower B
700K800K2016201920222025Typical sale price by year: 2016 AED 791,350; 2017 AED 806,000; 2018 AED 808,000; 2019 AED 792,000; 2020 AED 776,000; 2021 AED 785,535; 2022 AED 831,000; 2023 AED 817,000; 2024 AED 765,000; 2025 AED 720,000; 2026 AED 709,272Sold by developer, July 2016: AED 699,200 (AED 1,637 per sqft)Sold, January 2024: AED 700,000 (AED 1,638 per sqft)

3116 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Aykon City Tower B, and where 3116 sits

All 503 studios →

3116 last sold in January 2024 at AED 1,638 per sqft, 17% below what studios in Aykon City Tower B were fetching at the time (AED 1,968). Over the last 12 months studios sold for AED 500,000 to 992,000, around AED 1,689 per sqft, and rent for AED 95,000 to 95,000 a year.

Recent studio salesUnit no.Price (AED)Summary
28 Oct 2026598,610
25 Sep 2026891,800
23 Sep 2026774,000
4 Sep 2026850,000
49 studio 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 31st floor

All 1,200 units in Aykon City Tower B
Value
31012-bedAED 1.82M · May 2026
3102StudioAED 720K · May 2026
3103StudioAED 860K · Feb 2024
31041-bedAED 1.3M · May 2023
31051-bedAED 1.27M · May 2016
31061-bedAED 1.24M · May 2022
31071-bedAED 1.6M · Sep 2024
1–7 of 23

3116, Aykon City Tower B in numbers

  • Sold twice: first on 12 July 2016 for AED 699,200, last on 18 January 2024 for AED 700,000 (AED 1,638 per sqft).
  • Studios in Aykon City Tower B sold for AED 500,000–992,000 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 18 January 2024.

Questions about 3116, Aykon City Tower B

What did unit 3116 last sell for?

AED 700,000 on 18 January 2024: AED 1,638 per sqft for 427 sqft. The unit has 2 registered sales; the first was AED 699,200 in July 2016.

How big is unit 3116?

427 sqft (39.7 sqm): a studio on the 31st floor of a 64-storey tower completed in 2023.

What is unit 3116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Aykon City Tower B sold for AED 500,000 to 992,000 in the last 12 months, around AED 1,689 per sqft.

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Mortgage on 3116, Aykon City Tower B

Starts from the last sale price (AED 700K, 18 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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