2-bed · 434 sqftAykon City Tower B, Business Bay · 47th floor · completed 2023

4712, Aykon City Tower B

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

Unit 4712 · DLD and Ejari recordsUpdated 27 July 2016
Last soldAED 1.95M27 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4712, Aykon City Tower B

What is 4712 worth today?

Last sold for AED 1,950,350 in 2016

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27 Jul 2016Sold by developerOff-plan
AED 1,950,350AED 4,490 per sqft

Source: Dubai Land Department. Updated 27 July 2016.

Key facts

Type
2-bed hotel apartment
Size
434 sqft
Floor
47th of 64
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 12,300 /yr
Last sold
AED 1.95M · July 2016

About 4712, Aykon City Tower B

4712 is a two-bedroom hotel apartment of 434 sqft on the 47th floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 27 July 2016 for AED 1,950,350, or AED 4,490 per sqft, 153% above the AED 1,777 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4712 over time

Sales
Unit 4712, 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, July 2016: AED 1,950,350 (AED 4,490 per sqft)

4712 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 4712 sits

All 136 2-beds →

4712 last sold in July 2016 at AED 4,490 per sqft, 153% above what two-beds in Aykon City Tower B were fetching at the time (AED 1,777). 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 47th floor

All 1,200 units in Aykon City Tower B
Value
47012-bedAED 2M · May 2025
4702StudioAED 914K · Dec 2016
4703StudioAED 865K · May 2022
47041-bedAED 1.52M · May 2017
47051-bedAED 1.54M · Jul 2017
47061-bedAED 1.33M · May 2016
47071-bedAED 1.75M · Jul 2022
1–7 of 23

4712, Aykon City Tower B in numbers

  • Sold once: by DAMAC on 27 July 2016 for AED 1,950,350, or AED 4,490 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 27 July 2016.

Questions about 4712, Aykon City Tower B

What did unit 4712 last sell for?

AED 1,950,350 on 27 July 2016, sold by the developer: AED 4,490 per sqft for 434 sqft. It is the only registered sale of the unit.

How big is unit 4712?

434 sqft (40.3 sqm): a two-bedroom hotel apartment on the 47th floor of a 64-storey tower completed in 2023.

What is unit 4712 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 4712, Aykon City Tower B

Starts from the last sale price (AED 1.95M, 27 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,350
Deposit, UAE resident (20%)
AED 390,070
Deposit, non-resident (40%)
AED 780,140
Monthly over 25 years at 3.7%
AED 7,979

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