Studio · 426 sqftAykon City Tower B, Business Bay · 55th floor · completed 2023

5505, Aykon City Tower B

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

Unit 5505 · DLD and Ejari recordsUpdated 27 January 2020
Last soldAED 851K27 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5505, Aykon City Tower B

What is 5505 worth today?

Last sold for AED 851,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Jan 2020Sold by developerOff-plan
AED 851,000AED 1,998 per sqft

Source: Dubai Land Department. Updated 27 January 2020.

Key facts

Type
Studio hotel apartment
Size
426 sqft
Floor
55th of 64
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 12,100 /yr
Last sold
AED 851K · January 2020

About 5505, Aykon City Tower B

5505 is a studio of 426 sqft on the 55th floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 27 January 2020 for AED 851,000, or AED 1,998 per sqft, 3% above the AED 1,936 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5505 over time

Sales
Unit 5505, 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, January 2020: AED 851,000 (AED 1,998 per sqft)

5505 has sold once; the dashed line is the studio median of each year in the building.

Studios in Aykon City Tower B, and where 5505 sits

All 503 studios →

5505 last sold in January 2020 at AED 1,998 per sqft, 3% above what studios in Aykon City Tower B were fetching at the time (AED 1,936). 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 55th floor

All 1,200 units in Aykon City Tower B
Value
55011-bedAED 1.16M · Aug 2020
5502StudioAED 921K · Feb 2022
5503StudioAED 658K · Dec 2016
5504StudioAED 1.05M · May 2025
55061-bedAED 1.38M · Nov 2019
55071-bedAED 1.23M · Jun 2020
55081-bedAED 902K · Jun 2016
1–7 of 28

5505, Aykon City Tower B in numbers

  • Sold once: by DAMAC on 27 January 2020 for AED 851,000, or AED 1,998 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 27 January 2020.

Questions about 5505, Aykon City Tower B

What did unit 5505 last sell for?

AED 851,000 on 27 January 2020, sold by the developer: AED 1,998 per sqft for 426 sqft. It is the only registered sale of the unit.

How big is unit 5505?

426 sqft (39.6 sqm): a studio on the 55th floor of a 64-storey tower completed in 2023.

What is unit 5505 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.

Selling 5505? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 5505, Aykon City Tower B

Starts from the last sale price (AED 851K, 27 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 851,000
Deposit, UAE resident (20%)
AED 170,200
Deposit, non-resident (40%)
AED 340,400
Monthly over 25 years at 3.7%
AED 3,482

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