Studio · 438 sqftAykon City Tower B, Business Bay · 50th floor · completed 2023

5008, Aykon City Tower B

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

Unit 5008 · DLD and Ejari recordsUpdated 4 December 2016
Last soldAED 940K4 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5008, Aykon City Tower B

What is 5008 worth today?

Last sold for AED 939,550 in 2016

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4 Dec 2016Sold by developerOff-plan
AED 939,550AED 2,146 per sqft

Source: Dubai Land Department. Updated 4 December 2016.

Key facts

Type
Studio hotel apartment
Size
438 sqft
Floor
50th of 64
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 12,400 /yr
Last sold
AED 940K · December 2016

About 5008, Aykon City Tower B

5008 is a studio of 438 sqft on the 50th floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 4 December 2016 for AED 939,550, or AED 2,146 per sqft, 12% above the AED 1,916 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5008 over time

Sales
Unit 5008, each saleTypical studio in Aykon City Tower B
800K2016201920222025Typical sale price by year: 2016 AED 791,350; 2017 AED 806,000; 2018 AED 808,000; 2019 AED 792,000; 2020 AED 776,000; 2021 AED 785,535; 2022 AED 831,000; 2023 AED 817,000; 2024 AED 765,000; 2025 AED 720,000; 2026 AED 709,272Sold by developer, December 2016: AED 939,550 (AED 2,146 per sqft)

5008 has sold once; the dashed line is the studio median of each year in the building.

Studios in Aykon City Tower B, and where 5008 sits

All 503 studios →

5008 last sold in December 2016 at AED 2,146 per sqft, 12% above what studios in Aykon City Tower B were fetching at the time (AED 1,916). Over the last 12 months studios sold for AED 500,000 to 992,000, around AED 1,689 per sqft, and rent for AED 95,000 to 95,000 a year.

Recent studio salesUnit no.Price (AED)Summary
28 Oct 2026598,610
25 Sep 2026891,800
23 Sep 2026774,000
4 Sep 2026850,000
49 studio 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 50th floor

All 1,200 units in Aykon City Tower B
Value
50012-bedAED 1.55M · Jun 2026
5002StudioAED 914K · Jul 2016
5003StudioAED 1.14M · Oct 2025
50041-bedAED 1.64M · Nov 2017
50051-bedAED 1.54M · Jul 2017
50061-bedAED 1.46M · Dec 2017
50071-bedAED 1.55M · Jul 2016
1–7 of 21

5008, Aykon City Tower B in numbers

  • Sold once: by DAMAC on 4 December 2016 for AED 939,550, or AED 2,146 per sqft.
  • Studios in Aykon City Tower B sold for AED 500,000–992,000 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 December 2016.

Questions about 5008, Aykon City Tower B

What did unit 5008 last sell for?

AED 939,550 on 4 December 2016, sold by the developer: AED 2,146 per sqft for 438 sqft. It is the only registered sale of the unit.

How big is unit 5008?

438 sqft (40.7 sqm): a studio on the 50th floor of a 64-storey tower completed in 2023.

What is unit 5008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Aykon City Tower B sold for AED 500,000 to 992,000 in the last 12 months, around AED 1,689 per sqft.

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Mortgage on 5008, Aykon City Tower B

Starts from the last sale price (AED 940K, 4 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 939,550
Deposit, UAE resident (20%)
AED 187,910
Deposit, non-resident (40%)
AED 375,820
Monthly over 25 years at 3.7%
AED 3,844

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