Studio · 347 sqftAykon City Tower B, Business Bay · 53rd floor · completed 2023

5306, Aykon City Tower B

Sold prices and rental history: sold 3 times, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5306 · DLD and Ejari recordsUpdated 24 July 2024
Last soldAED 840K24 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5306, Aykon City Tower B

What is 5306 worth today?

Last sold for AED 840,000 in 2024

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24 Jul 2024SoldReady
AED 840,000AED 2,422 per sqft
17 Aug 2023SoldReady
AED 735,000AED 2,119 per sqft
4 Jul 2022Sold by developerOff-plan
AED 718,000AED 2,070 per sqft

Source: Dubai Land Department. Updated 24 July 2024.

Key facts

Type
Studio hotel apartment
Size
347 sqft
Floor
53rd of 64
Parking
B1-56
Developer
DAMAC
Completed
2023
Service charge
AED 9,800 /yr
Last sold
AED 840K · July 2024

About 5306, Aykon City Tower B

5306 is a studio of 347 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 24 July 2024 for AED 840,000, or AED 2,422 per sqft, 26% above the AED 1,923 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5306 over time

Sales
Unit 5306, each saleTypical studio in Aykon City Tower B
700K800K2016201920222025Typical 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, July 2022: AED 718,000 (AED 2,070 per sqft)Sold, August 2023: AED 735,000 (AED 2,119 per sqft)Sold, July 2024: AED 840,000 (AED 2,422 per sqft)

5306 has sold 3 times; the dashed line is the studio median of each year in the building.

Studios in Aykon City Tower B, and where 5306 sits

All 503 studios →

5306 last sold in July 2024 at AED 2,422 per sqft, 26% above what studios in Aykon City Tower B were fetching at the time (AED 1,923). 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 53rd floor

All 1,200 units in Aykon City Tower B
Value
53012-bedAED 2.2M · Oct 2023
53022-bedAED 1.86M · Sep 2020
53032-bedAED 2.29M · Jul 2018
53041-bedAED 1.53M · Nov 2019
53052-bedAED 2.61M · Jun 2022
53072-bedAED 2.07M · Nov 2018
53082-bedAED 1.83M · Jul 2022
1–7 of 17

5306, Aykon City Tower B in numbers

  • Sold 3 times: first on 4 July 2022 for AED 718,000, last on 24 July 2024 for AED 840,000 (AED 2,422 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 24 July 2024.

Questions about 5306, Aykon City Tower B

What did unit 5306 last sell for?

AED 840,000 on 24 July 2024: AED 2,422 per sqft for 347 sqft. The unit has 3 registered sales; the first was AED 718,000 in July 2022.

How big is unit 5306?

347 sqft (32.2 sqm): a studio on the 53rd floor of a 64-storey tower completed in 2023.

What is unit 5306 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 5306, Aykon City Tower B

Starts from the last sale price (AED 840K, 24 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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