1-bed · 696 sqftAykon City Tower B, Business Bay · 50th floor · completed 2023

5024, Aykon City Tower B

Sold prices and rental history: sold twice, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5024 · DLD and Ejari recordsUpdated 27 June 2024
Last soldAED 1.22M27 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5024, Aykon City Tower B

What is 5024 worth today?

Last sold for AED 1,220,000 in 2024

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27 Jun 2024SoldReady
AED 1,220,000AED 1,753 per sqft
11 Jul 2017Sold by developerOff-plan
AED 1,227,000AED 1,848 per sqft

Source: Dubai Land Department. Updated 27 June 2024.

Key facts

Type
1-bed hotel apartment
Size
696 sqft
Floor
50th of 64
Parking
P4-28
Developer
DAMAC
Completed
2023
Service charge
AED 19,700 /yr
Last sold
AED 1.22M · June 2024

About 5024, Aykon City Tower B

5024 is a one-bedroom hotel apartment of 696 sqft on the 50th floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 27 June 2024 for AED 1,220,000, or AED 1,753 per sqft, 11% below the AED 1,966 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5024 over time

Sales
Unit 5024, 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, July 2017: AED 1,227,000 (AED 1,848 per sqft)Sold, June 2024: AED 1,220,000 (AED 1,753 per sqft)

5024 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5024, 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 5024 sits

All 516 1-beds →

5024 last sold in June 2024 at AED 1,753 per sqft, 11% below what one-beds in Aykon City Tower B were fetching at the time (AED 1,966). 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 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

5024, Aykon City Tower B in numbers

  • Sold twice: first on 11 July 2017 for AED 1,227,000, last on 27 June 2024 for AED 1,220,000 (AED 1,753 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 27 June 2024.

Questions about 5024, Aykon City Tower B

What did unit 5024 last sell for?

AED 1,220,000 on 27 June 2024: AED 1,753 per sqft for 696 sqft. The unit has 2 registered sales; the first was AED 1,227,000 in July 2017.

How big is unit 5024?

696 sqft (64.7 sqm): a one-bedroom hotel apartment on the 50th floor of a 64-storey tower completed in 2023.

What is unit 5024 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 5024, Aykon City Tower B

Starts from the last sale price (AED 1.22M, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,220,000
Deposit, UAE resident (20%)
AED 244,000
Deposit, non-resident (40%)
AED 488,000
Monthly over 25 years at 3.7%
AED 4,991

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