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1-bed · 873 sqftAykon City Tower B, Business Bay · 55th floor · completed 2023

5509, Aykon City Tower B

Sold prices and rental history: sold twice, last in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5509 · DLD and Ejari recordsUpdated 11 April 2023
Last soldAED 1.45M11 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5509, Aykon City Tower B

What is 5509 worth today?

Last sold for AED 1,450,000 in 2023

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11 Apr 2023SoldOff-plan
AED 1,450,000AED 1,661 per sqft
6 Sep 2020Sold by developerOff-plan
AED 1,225,000AED 1,403 per sqft

Source: Dubai Land Department. Updated 11 April 2023.

Key facts

Type
1-bed hotel apartment
Size
873 sqft
Floor
55th of 64
Parking
P3-97
Developer
DAMAC
Completed
2023
Service charge
AED 24,800 /yr
Last sold
AED 1.45M · April 2023
Building
Aykon City Tower B

About 5509, Aykon City Tower B

5509 is a one-bedroom hotel apartment of 873 sqft on the 55th floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 11 April 2023 for AED 1,450,000, or AED 1,661 per sqft, 16% below the AED 1,985 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5509 over time

Sales
Unit 5509, each saleTypical one-bed in Aykon City Tower B
1M1.2M1.4M2016201920222025Typical sale price by year: 2016 AED 1,267,300; 2017 AED 1,236,800; 2018 AED 1,243,000; 2019 AED 1,318,800; 2020 AED 1,129,500; 2021 AED 1,151,000; 2022 AED 1,402,000; 2023 AED 1,450,000; 2024 AED 1,245,000; 2025 AED 1,125,000; 2026 AED 1,050,000Sold by developer, September 2020: AED 1,225,000 (AED 1,403 per sqft)Sold, April 2023: AED 1,450,000 (AED 1,661 per sqft)

5509 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5509, each contractTypical one-bed in Aykon City Tower B
50K75K100K202420252026Typical rent by year: 2024 AED 100,000; 2025 AED 55,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Aykon City Tower B, and where 5509 sits

All 516 1-beds →

5509 last sold in April 2023 at AED 1,661 per sqft, 16% below what one-beds in Aykon City Tower B were fetching at the time (AED 1,985). Over the last 12 months one-beds sold for AED 686,000 to 1,680,000, around AED 1,509 per sqft, and rent for AED 55,000 to 55,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 20268,069,228
19 Oct 20261,235,820
9 Oct 20261,130,000
25 Sep 2026995,000
36 1-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 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
5505StudioAED 851K · Jan 2020
55061-bedAED 1.38M · Nov 2019
55071-bedAED 1.23M · Jun 2020
1–7 of 28

5509, Aykon City Tower B in numbers

  • Sold twice: first on 6 September 2020 for AED 1,225,000, last on 11 April 2023 for AED 1,450,000 (AED 1,661 per sqft).
  • One-beds in Aykon City Tower B sold for AED 686,000–1,680,000 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 11 April 2023.

Questions about 5509, Aykon City Tower B

What did unit 5509 last sell for?

AED 1,450,000 on 11 April 2023: AED 1,661 per sqft for 873 sqft. The unit has 2 registered sales; the first was AED 1,225,000 in September 2020.

How big is unit 5509?

873 sqft (81.1 sqm): a one-bedroom hotel apartment on the 55th floor of a 64-storey tower completed in 2023.

What is unit 5509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Aykon City Tower B sold for AED 686,000 to 1,680,000 in the last 12 months, around AED 1,509 per sqft.

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Mortgage on 5509, Aykon City Tower B

Starts from the last sale price (AED 1.45M, 11 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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