Studio · 413 sqftAykon City Tower B, Business Bay · 53rd floor · completed 2023

5312, 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 5312 · DLD and Ejari recordsUpdated 4 June 2024
Last soldAED 1.08M4 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5312, Aykon City Tower B

What is 5312 worth today?

Last sold for AED 1,084,125 in 2024

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4 Jun 2024SoldReady
AED 1,084,125AED 2,624 per sqft
20 May 2018Sold by developerOff-plan
AED 795,000AED 1,922 per sqft

Source: Dubai Land Department. Updated 4 June 2024.

Key facts

Type
Studio hotel apartment
Size
413 sqft
Floor
53rd of 64
Parking
B1-60
Developer
DAMAC
Completed
2023
Service charge
AED 11,700 /yr
Last sold
AED 1.08M · June 2024

About 5312, Aykon City Tower B

5312 is a studio of 413 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 4 June 2024 for AED 1,084,125, or AED 2,624 per sqft, 34% above the AED 1,953 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5312 over time

Sales
Unit 5312, each saleTypical studio in Aykon City Tower B
800K1M2016201920222025Typical 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, May 2018: AED 795,000 (AED 1,922 per sqft)Sold, June 2024: AED 1,084,125 (AED 2,624 per sqft)

5312 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Aykon City Tower B, and where 5312 sits

All 503 studios →

5312 last sold in June 2024 at AED 2,624 per sqft, 34% above what studios in Aykon City Tower B were fetching at the time (AED 1,953). 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
5306StudioAED 840K · Jul 2024
53072-bedAED 2.07M · Nov 2018
1–7 of 17

5312, Aykon City Tower B in numbers

  • Sold twice: first on 20 May 2018 for AED 795,000, last on 4 June 2024 for AED 1,084,125 (AED 2,624 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 June 2024.

Questions about 5312, Aykon City Tower B

What did unit 5312 last sell for?

AED 1,084,125 on 4 June 2024: AED 2,624 per sqft for 413 sqft. The unit has 2 registered sales; the first was AED 795,000 in May 2018.

How big is unit 5312?

413 sqft (38.4 sqm): a studio on the 53rd floor of a 64-storey tower completed in 2023.

What is unit 5312 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 5312, Aykon City Tower B

Starts from the last sale price (AED 1.08M, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,084,125
Deposit, UAE resident (20%)
AED 216,825
Deposit, non-resident (40%)
AED 433,650
Monthly over 25 years at 3.7%
AED 4,435

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