2-bed · 1,058 sqftAykon City Tower B, Business Bay · 54th floor · completed 2023

5416, 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 5416 · DLD and Ejari recordsUpdated 28 May 2020
Last soldAED 1.48M28 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5416, Aykon City Tower B

What is 5416 worth today?

Last sold for AED 1,479,000 in 2020

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28 May 2020Sold by developerOff-plan
AED 1,479,000AED 1,397 per sqft

Source: Dubai Land Department. Updated 28 May 2020.

Key facts

Type
2-bed hotel apartment
Size
1,058 sqft
Floor
54th of 64
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 30,000 /yr
Last sold
AED 1.48M · May 2020

About 5416, Aykon City Tower B

5416 is a two-bedroom hotel apartment of 1,058 sqft on the 54th floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 28 May 2020 for AED 1,479,000, or AED 1,397 per sqft, 5% below the AED 1,478 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5416 over time

Sales
Unit 5416, 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, May 2020: AED 1,479,000 (AED 1,397 per sqft)

5416 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Aykon City Tower B, and where 5416 sits

All 136 2-beds →

5416 last sold in May 2020 at AED 1,397 per sqft, 5% below what two-beds in Aykon City Tower B were fetching at the time (AED 1,478). 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 54th floor

All 1,200 units in Aykon City Tower B
Value
54012-bedAED 1.59M · Apr 2020
54022-bedAED 2.15M · Jan 2026
54032-bedAED 2.42M · Jul 2022
54041-bedAED 1.23M · Sep 2020
54052-bedAED 2.61M · Aug 2022
54072-bedAED 2.16M · Nov 2022
54082-bedAED 1.88M · Jul 2022
1–7 of 16

5416, Aykon City Tower B in numbers

  • Sold once: by DAMAC on 28 May 2020 for AED 1,479,000, or AED 1,397 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 28 May 2020.

Questions about 5416, Aykon City Tower B

What did unit 5416 last sell for?

AED 1,479,000 on 28 May 2020, sold by the developer: AED 1,397 per sqft for 1,058 sqft. It is the only registered sale of the unit.

How big is unit 5416?

1,058 sqft (98.3 sqm): a two-bedroom hotel apartment on the 54th floor of a 64-storey tower completed in 2023.

What is unit 5416 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 5416, Aykon City Tower B

Starts from the last sale price (AED 1.48M, 28 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,479,000
Deposit, UAE resident (20%)
AED 295,800
Deposit, non-resident (40%)
AED 591,600
Monthly over 25 years at 3.7%
AED 6,051

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