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1-bed · 682 sqftAykon City Tower B, Business Bay · 48th floor · completed 2023

4805, Aykon City Tower B

Sold prices and rental history: sold twice, last in August 2024, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4805 · DLD and Ejari recordsUpdated 10 November 2024
Last soldAED 1M5 August 2024
Current rentAED 85K /yr10 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4805, Aykon City Tower B

What is 4805 worth today?

Last sold for AED 1,000,000 in 2024

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10 Nov 2024RentedNew contract
AED 85,000/yr12 months · AED 125 per sqft
5 Aug 2024SoldReady
AED 1,000,000AED 1,466 per sqft
4 Dec 2017Sold by developerOff-plan
AED 1,568,000AED 2,298 per sqft

Source: Dubai Land Department. Updated 10 November 2024.

Key facts

Type
1-bed hotel apartment
Size
682 sqft
Floor
48th of 64
Parking
P4-41
Developer
DAMAC
Completed
2023
Service charge
AED 19,300 /yr
Last sold
AED 1M · August 2024
Building
Aykon City Tower B

About 4805, Aykon City Tower B

4805 is a one-bedroom hotel apartment of 682 sqft on the 48th floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 5 August 2024 for AED 1,000,000, or AED 1,466 per sqft, 25% below the AED 1,952 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 November 2024. The current contract, signed on 10 November 2024, is AED 85,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 19,300 a year.

Sales and rents for 4805 over time

Sales
Unit 4805, 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, December 2017: AED 1,568,000 (AED 2,298 per sqft)Sold, August 2024: AED 1,000,000 (AED 1,466 per sqft)

4805 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4805, each contractTypical one-bed in Aykon City Tower B
50K75K100K202420252026Typical rent by year: 2024 AED 100,000; 2025 AED 55,000New contract, November 2024: AED 85,000 a year

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 4805 sits

All 516 1-beds →

4805 last sold in August 2024 at AED 1,466 per sqft, 25% below what one-beds in Aykon City Tower B were fetching at the time (AED 1,952). 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 48th floor

All 1,200 units in Aykon City Tower B
Value
48012-bedAED 1.6M · Feb 2025
4802StudioAED 950K · Apr 2025
4803StudioAED 866K · May 2022
48041-bedAED 1.28M · Apr 2022
48061-bedAED 1.33M · Jul 2016
48071-bedAED 1.75M · Aug 2022
4808StudioAED 850K · Jun 2023
1–7 of 23

4805, Aykon City Tower B in numbers

  • Sold twice: first on 4 December 2017 for AED 1,568,000, last on 5 August 2024 for AED 1,000,000 (AED 1,466 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 8.5%, before a service charge of about AED 19,300 a year (AED 28.38 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 10 November 2024.

Questions about 4805, Aykon City Tower B

What did unit 4805 last sell for?

AED 1,000,000 on 5 August 2024: AED 1,466 per sqft for 682 sqft. The unit has 2 registered sales; the first was AED 1,568,000 in December 2017.

What is the rent for unit 4805?

AED 85,000 a year on the contract signed on 10 November 2024.

How big is unit 4805?

682 sqft (63.4 sqm): a one-bedroom hotel apartment on the 48th floor of a 64-storey tower completed in 2023.

What is unit 4805 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 4805, Aykon City Tower B

Starts from the last sale price (AED 1M, 5 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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