1-bed · 605 sqftAykon City Tower B, Business Bay · 47th floor · completed 2023

4723, Aykon City Tower B

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

Unit 4723 · DLD and Ejari recordsUpdated 4 September 2016
Last soldAED 1.12M4 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4723, Aykon City Tower B

What is 4723 worth today?

Last sold for AED 1,123,850 in 2016

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4 Sep 2016Sold by developerOff-plan
AED 1,123,850AED 1,856 per sqft

Source: Dubai Land Department. Updated 4 September 2016.

Key facts

Type
1-bed hotel apartment
Size
605 sqft
Floor
47th of 64
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 17,200 /yr
Last sold
AED 1.12M · September 2016

About 4723, Aykon City Tower B

4723 is a one-bedroom hotel apartment of 605 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 4 September 2016 for AED 1,123,850, or AED 1,856 per sqft, in line with the AED 1,823 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4723 over time

Sales
Unit 4723, each saleTypical one-bed in Aykon City Tower B
1M1.2M1.4M2016201920222025Typical 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 2016: AED 1,123,850 (AED 1,856 per sqft)

4723 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4723, 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 4723 sits

All 516 1-beds →

4723 last sold in September 2016 at AED 1,856 per sqft, in line with what one-beds in Aykon City Tower B were fetching at the time (AED 1,823). 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 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

4723, Aykon City Tower B in numbers

  • Sold once: by DAMAC on 4 September 2016 for AED 1,123,850, or AED 1,856 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 September 2016.

Questions about 4723, Aykon City Tower B

What did unit 4723 last sell for?

AED 1,123,850 on 4 September 2016, sold by the developer: AED 1,856 per sqft for 605 sqft. It is the only registered sale of the unit.

How big is unit 4723?

605 sqft (56.2 sqm): a one-bedroom hotel apartment on the 47th floor of a 64-storey tower completed in 2023.

What is unit 4723 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 4723, Aykon City Tower B

Starts from the last sale price (AED 1.12M, 4 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,123,850
Deposit, UAE resident (20%)
AED 224,770
Deposit, non-resident (40%)
AED 449,540
Monthly over 25 years at 3.7%
AED 4,598

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