1-bed · 728 sqftAykon City Tower B, Business Bay · 40th floor · completed 2023

4024, Aykon City Tower B

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

Unit 4024 · DLD and Ejari recordsUpdated 13 September 2022
Last soldAED 1.64M13 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4024, Aykon City Tower B

What is 4024 worth today?

Last sold for AED 1,642,000 in 2022

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13 Sep 2022Sold by developerOff-plan
AED 1,642,000AED 2,255 per sqft

Source: Dubai Land Department. Updated 13 September 2022.

Key facts

Type
1-bed hotel apartment
Size
728 sqft
Floor
40th of 64
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 20,700 /yr
Last sold
AED 1.64M · September 2022

About 4024, Aykon City Tower B

4024 is a one-bedroom hotel apartment of 728 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 13 September 2022 for AED 1,642,000, or AED 2,255 per sqft, 14% above the AED 1,977 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4024 over time

Sales
Unit 4024, each saleTypical one-bed in Aykon City Tower B
1M1.5M2016201920222025Typical 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, September 2022: AED 1,642,000 (AED 2,255 per sqft)

4024 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4024, 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 4024 sits

All 516 1-beds →

4024 last sold in September 2022 at AED 2,255 per sqft, 14% above what one-beds in Aykon City Tower B were fetching at the time (AED 1,977). 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 40th floor

All 1,200 units in Aykon City Tower B
Value
40012-bedAED 2.03M · Dec 2022
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
1–7 of 23

4024, Aykon City Tower B in numbers

  • Sold once: by DAMAC on 13 September 2022 for AED 1,642,000, or AED 2,255 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 13 September 2022.

Questions about 4024, Aykon City Tower B

What did unit 4024 last sell for?

AED 1,642,000 on 13 September 2022, sold by the developer: AED 2,255 per sqft for 728 sqft. It is the only registered sale of the unit.

How big is unit 4024?

728 sqft (67.6 sqm): a one-bedroom hotel apartment on the 40th floor of a 64-storey tower completed in 2023.

What is unit 4024 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 4024, Aykon City Tower B

Starts from the last sale price (AED 1.64M, 13 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,642,000
Deposit, UAE resident (20%)
AED 328,400
Deposit, non-resident (40%)
AED 656,800
Monthly over 25 years at 3.7%
AED 6,718

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