2-bed · 990 sqftAykon City Tower B, Business Bay · 40th floor · completed 2023

4001, Aykon City Tower B

Sold prices and rental history: sold once, by the developer in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4001 · DLD and Ejari recordsUpdated 12 December 2022
Last soldAED 2.03M12 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4001, Aykon City Tower B

What is 4001 worth today?

Last sold for AED 2,025,000 in 2022

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12 Dec 2022Sold by developerOff-plan
AED 2,025,000AED 2,045 per sqft

Source: Dubai Land Department. Updated 12 December 2022.

Key facts

Type
2-bed hotel apartment
Size
990 sqft
Floor
40th of 64
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 28,100 /yr
Last sold
AED 2.03M · December 2022

About 4001, Aykon City Tower B

4001 is a two-bedroom hotel apartment of 990 sqft on the 40th floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 12 December 2022 for AED 2,025,000, or AED 2,045 per sqft, 6% above the AED 1,930 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4001 over time

Sales
Unit 4001, 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, December 2022: AED 2,025,000 (AED 2,045 per sqft)

4001 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 4001 sits

All 136 2-beds →

4001 last sold in December 2022 at AED 2,045 per sqft, 6% above what two-beds in Aykon City Tower B were fetching at the time (AED 1,930). 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 40th floor

All 1,200 units in Aykon City Tower B
Value
4002StudioAED 1.01M · Oct 2022
4003StudioAED 1.01M · Oct 2022
40041-bedAED 1.3M · Jan 2023
40051-bedAED 1.31M · Sep 2022
40061-bedAED 1.57M · Dec 2022
40071-bedAED 1.66M · Dec 2022
4008StudioAED 1.1M · Aug 2022
1–7 of 23

4001, Aykon City Tower B in numbers

  • Sold once: by DAMAC on 12 December 2022 for AED 2,025,000, or AED 2,045 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 12 December 2022.

Questions about 4001, Aykon City Tower B

What did unit 4001 last sell for?

AED 2,025,000 on 12 December 2022, sold by the developer: AED 2,045 per sqft for 990 sqft. It is the only registered sale of the unit.

How big is unit 4001?

990 sqft (92.0 sqm): a two-bedroom hotel apartment on the 40th floor of a 64-storey tower completed in 2023.

What is unit 4001 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 4001, Aykon City Tower B

Starts from the last sale price (AED 2.03M, 12 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,025,000
Deposit, UAE resident (20%)
AED 405,000
Deposit, non-resident (40%)
AED 810,000
Monthly over 25 years at 3.7%
AED 8,285

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