2-bed · 1,077 sqftAykon City Tower B, Business Bay · 53rd floor · completed 2023

5301, Aykon City Tower B

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

Unit 5301 · DLD and Ejari recordsUpdated 31 October 2023
Last soldAED 2.2M31 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5301, Aykon City Tower B

What is 5301 worth today?

Last sold for AED 2,200,000 in 2023

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31 Oct 2023SoldReady
AED 2,200,000AED 2,043 per sqft
22 Jul 2022Sold by developerOff-plan
AED 1,968,820AED 1,828 per sqft

Source: Dubai Land Department. Updated 31 October 2023.

Key facts

Type
2-bed hotel apartment
Size
1,077 sqft
Floor
53rd of 64
Parking
P1-52
Developer
DAMAC
Completed
2023
Service charge
AED 30,600 /yr
Last sold
AED 2.2M · October 2023

About 5301, Aykon City Tower B

5301 is a two-bedroom hotel apartment of 1,077 sqft on the 53rd floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 31 October 2023 for AED 2,200,000, or AED 2,043 per sqft, 8% below the AED 2,230 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5301 over time

Sales
Unit 5301, each saleTypical two-bed in Aykon City Tower B
1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,832,075; 2017 AED 1,714,000; 2018 AED 1,984,950; 2019 AED 1,973,940; 2020 AED 1,517,000; 2021 AED 2,323,000; 2022 AED 2,055,000; 2023 AED 2,265,000; 2025 AED 1,600,000; 2026 AED 1,909,183Sold by developer, July 2022: AED 1,968,820 (AED 1,828 per sqft)Sold, October 2023: AED 2,200,000 (AED 2,043 per sqft)

5301 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in Aykon City Tower B, and where 5301 sits

All 136 2-beds →

5301 last sold in October 2023 at AED 2,043 per sqft, 8% below what two-beds in Aykon City Tower B were fetching at the time (AED 2,230). Over the last 12 months two-beds sold for AED 1,500,000 to 2,150,000, around AED 1,689 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20262,000,000
16 Jul 20262,000,000
17 Jun 20261,550,000
8 May 20261,818,365
11 2-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 53rd floor

All 1,200 units in Aykon City Tower B
Value
53022-bedAED 1.86M · Sep 2020
53032-bedAED 2.29M · Jul 2018
53041-bedAED 1.53M · Nov 2019
53052-bedAED 2.61M · Jun 2022
5306StudioAED 840K · Jul 2024
53072-bedAED 2.07M · Nov 2018
53082-bedAED 1.83M · Jul 2022
1–7 of 17

5301, Aykon City Tower B in numbers

  • Sold twice: first on 22 July 2022 for AED 1,968,820, last on 31 October 2023 for AED 2,200,000 (AED 2,043 per sqft).
  • Two-beds in Aykon City Tower B sold for AED 1,500,000–2,150,000 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 31 October 2023.

Questions about 5301, Aykon City Tower B

What did unit 5301 last sell for?

AED 2,200,000 on 31 October 2023: AED 2,043 per sqft for 1,077 sqft. The unit has 2 registered sales; the first was AED 1,968,820 in July 2022.

How big is unit 5301?

1,077 sqft (100.1 sqm): a two-bedroom hotel apartment on the 53rd floor of a 64-storey tower completed in 2023.

What is unit 5301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Aykon City Tower B sold for AED 1,500,000 to 2,150,000 in the last 12 months, around AED 1,689 per sqft.

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Mortgage on 5301, Aykon City Tower B

Starts from the last sale price (AED 2.2M, 31 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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