3-bed · 1,697 sqftAykon City Tower B, Business Bay · 53rd floor · completed 2023

5318, Aykon City Tower B

Sold prices and rental history: sold once, by the developer in May 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5318 · DLD and Ejari recordsUpdated 5 May 2020
Last soldAED 2.46M5 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5318, Aykon City Tower B

What is 5318 worth today?

Last sold for AED 2,463,000 in 2020

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5 May 2020Sold by developerOff-plan
AED 2,463,000AED 1,451 per sqft

Source: Dubai Land Department. Updated 5 May 2020.

Key facts

Type
3-bed hotel apartment
Size
1,697 sqft
Floor
53rd of 64
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 48,200 /yr
Last sold
AED 2.46M · May 2020

About 5318, Aykon City Tower B

5318 is a three-bedroom hotel apartment of 1,697 sqft on the 53rd floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 5 May 2020 for AED 2,463,000, or AED 1,451 per sqft, in line with the AED 1,451 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5318 over time

Sales
Unit 5318, each saleTypical three-bed in Aykon City Tower B
2.5M3M2016201920222025Typical sale price by year: 2016 AED 3,010,550; 2017 AED 3,051,000; 2020 AED 2,498,000; 2022 AED 3,197,000; 2023 AED 3,100,000; 2024 AED 2,638,000; 2025 AED 2,675,000; 2026 AED 2,294,800Sold by developer, May 2020: AED 2,463,000 (AED 1,451 per sqft)

5318 has sold once; the dashed line is the three-bed median of each year in the building.

3-beds in Aykon City Tower B, and where 5318 sits

All 45 3-beds →

5318 last sold in May 2020 at AED 1,451 per sqft, in line with what three-beds in Aykon City Tower B were fetching at the time (AED 1,451). Over the last 12 months three-beds sold for AED 2,000,000 to 4,577,625, around AED 1,347 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
1 Oct 20262,925,000
22 Sep 20262,150,000
17 Sep 20262,380,000
31 Aug 20262,000,000
6 3-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
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

5318, Aykon City Tower B in numbers

  • Sold once: by DAMAC on 5 May 2020 for AED 2,463,000, or AED 1,451 per sqft.
  • Three-beds in Aykon City Tower B sold for AED 2,000,000–4,577,625 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 5 May 2020.

Questions about 5318, Aykon City Tower B

What did unit 5318 last sell for?

AED 2,463,000 on 5 May 2020, sold by the developer: AED 1,451 per sqft for 1,697 sqft. It is the only registered sale of the unit.

How big is unit 5318?

1,697 sqft (157.7 sqm): a three-bedroom hotel apartment on the 53rd floor of a 64-storey tower completed in 2023.

What is unit 5318 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Aykon City Tower B sold for AED 2,000,000 to 4,577,625 in the last 12 months, around AED 1,347 per sqft.

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Mortgage on 5318, Aykon City Tower B

Starts from the last sale price (AED 2.46M, 5 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,463,000
Deposit, UAE resident (20%)
AED 492,600
Deposit, non-resident (40%)
AED 985,200
Monthly over 25 years at 3.7%
AED 10,077

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