Studio · 406 sqftAykon City Tower B, Business Bay · 55th floor · completed 2023

5516, Aykon City Tower B

Sold prices and rental history: sold once, by the developer in October 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5516 · DLD and Ejari recordsUpdated 23 October 2019
Last soldAED 773K23 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5516, Aykon City Tower B

What is 5516 worth today?

Last sold for AED 773,000 in 2019

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23 Oct 2019Sold by developerOff-plan
AED 773,000AED 1,903 per sqft

Source: Dubai Land Department. Updated 23 October 2019.

Key facts

Type
Studio hotel apartment
Size
406 sqft
Floor
55th of 64
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 11,500 /yr
Last sold
AED 773K · October 2019

About 5516, Aykon City Tower B

5516 is a studio of 406 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 23 October 2019 for AED 773,000, or AED 1,903 per sqft, in line with the AED 1,917 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5516 over time

Sales
Unit 5516, 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, October 2019: AED 773,000 (AED 1,903 per sqft)

5516 has sold once; the dashed line is the studio median of each year in the building.

Studios in Aykon City Tower B, and where 5516 sits

All 503 studios →

5516 last sold in October 2019 at AED 1,903 per sqft, in line with what studios in Aykon City Tower B were fetching at the time (AED 1,917). 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
5505StudioAED 851K · Jan 2020
55061-bedAED 1.38M · Nov 2019
55071-bedAED 1.23M · Jun 2020
1–7 of 28

5516, Aykon City Tower B in numbers

  • Sold once: by DAMAC on 23 October 2019 for AED 773,000, or AED 1,903 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 23 October 2019.

Questions about 5516, Aykon City Tower B

What did unit 5516 last sell for?

AED 773,000 on 23 October 2019, sold by the developer: AED 1,903 per sqft for 406 sqft. It is the only registered sale of the unit.

How big is unit 5516?

406 sqft (37.7 sqm): a studio on the 55th floor of a 64-storey tower completed in 2023.

What is unit 5516 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 5516, Aykon City Tower B

Starts from the last sale price (AED 773K, 23 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 773,000
Deposit, UAE resident (20%)
AED 154,600
Deposit, non-resident (40%)
AED 309,200
Monthly over 25 years at 3.7%
AED 3,163

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