1-bed · 682 sqftAykon City Tower B, Business Bay · 49th floor · completed 2023

4905, Aykon City Tower B

Sold prices and rental history: sold twice, last in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4905 · DLD and Ejari recordsUpdated 24 August 2023
Last soldAED 1.93M24 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4905, Aykon City Tower B

What is 4905 worth today?

Last sold for AED 1,931,160 in 2023

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24 Aug 2023SoldReady
AED 1,931,160AED 2,832 per sqft
7 Jun 2022Sold by developerOff-plan
AED 1,162,000AED 1,702 per sqft

Source: Dubai Land Department. Updated 24 August 2023.

Key facts

Type
1-bed hotel apartment
Size
682 sqft
Floor
49th of 64
Parking
P4-30
Developer
DAMAC
Completed
2023
Service charge
AED 19,300 /yr
Last sold
AED 1.93M · August 2023

About 4905, Aykon City Tower B

4905 is a one-bedroom hotel apartment of 682 sqft on the 49th floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 24 August 2023 for AED 1,931,160, or AED 2,832 per sqft, 27% above the AED 2,237 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4905 over time

Sales
Unit 4905, each saleTypical one-bed in Aykon City Tower B
1M1.5M2M2016201920222025Typical 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, June 2022: AED 1,162,000 (AED 1,702 per sqft)Sold, August 2023: AED 1,931,160 (AED 2,832 per sqft)

4905 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4905, 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 4905 sits

All 516 1-beds →

4905 last sold in August 2023 at AED 2,832 per sqft, 27% above what one-beds in Aykon City Tower B were fetching at the time (AED 2,237). 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 49th floor

All 1,200 units in Aykon City Tower B
Value
49012-bedAED 2.08M · May 2022
4902StudioAED 914K · Apr 2017
4903StudioAED 829K · Apr 2017
49041-bedAED 1.34M · Mar 2022
49061-bedAED 1.16M · Aug 2020
49071-bedAED 1.13M · Oct 2026
4908StudioAED 940K · Dec 2016
1–7 of 23

4905, Aykon City Tower B in numbers

  • Sold twice: first on 7 June 2022 for AED 1,162,000, last on 24 August 2023 for AED 1,931,160 (AED 2,832 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 24 August 2023.

Questions about 4905, Aykon City Tower B

What did unit 4905 last sell for?

AED 1,931,160 on 24 August 2023: AED 2,832 per sqft for 682 sqft. The unit has 2 registered sales; the first was AED 1,162,000 in June 2022.

How big is unit 4905?

682 sqft (63.4 sqm): a one-bedroom hotel apartment on the 49th floor of a 64-storey tower completed in 2023.

What is unit 4905 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 4905, Aykon City Tower B

Starts from the last sale price (AED 1.93M, 24 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,931,160
Deposit, UAE resident (20%)
AED 386,232
Deposit, non-resident (40%)
AED 772,464
Monthly over 25 years at 3.7%
AED 7,901

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