Studio · 427 sqftAykon City Tower B, Business Bay · 57th floor · completed 2023

5704, Aykon City Tower B

Sold prices and rental history: sold once, by the developer in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5704 · DLD and Ejari recordsUpdated 7 August 2023
Last soldAED 717K7 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5704, Aykon City Tower B

What is 5704 worth today?

Last sold for AED 717,000 in 2023

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7 Aug 2023Sold by developerReady
AED 717,000AED 1,679 per sqft

Source: Dubai Land Department. Updated 7 August 2023.

Key facts

Type
Studio hotel apartment
Size
427 sqft
Floor
57th of 64
Parking
P1-10
Developer
DAMAC
Completed
2023
Service charge
AED 12,100 /yr
Last sold
AED 717K · August 2023

About 5704, Aykon City Tower B

5704 is a studio of 427 sqft on the 57th floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 7 August 2023 for AED 717,000, or AED 1,679 per sqft, 25% below the AED 2,239 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5704 over time

Sales
Unit 5704, 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, August 2023: AED 717,000 (AED 1,679 per sqft)

5704 has sold once; the dashed line is the studio median of each year in the building.

Studios in Aykon City Tower B, and where 5704 sits

All 503 studios →

5704 last sold in August 2023 at AED 1,679 per sqft, 25% below what studios in Aykon City Tower B were fetching at the time (AED 2,239). 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 57th floor

All 1,200 units in Aykon City Tower B
Value
57011-bedAED 1.42M · Jan 2017
5702StudioAED 850K · Sep 2026
5703StudioAED 600K · Sep 2020
5705StudioAED 731K · Jun 2020
57061-bedAED 730K · Jun 2016
57071-bedAED 1.53M · Oct 2019
57081-bedAED 1.25M · Feb 2026
1–7 of 28

5704, Aykon City Tower B in numbers

  • Sold once: by DAMAC on 7 August 2023 for AED 717,000, or AED 1,679 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 7 August 2023.

Questions about 5704, Aykon City Tower B

What did unit 5704 last sell for?

AED 717,000 on 7 August 2023, sold by the developer: AED 1,679 per sqft for 427 sqft. It is the only registered sale of the unit.

How big is unit 5704?

427 sqft (39.7 sqm): a studio on the 57th floor of a 64-storey tower completed in 2023.

What is unit 5704 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 5704, Aykon City Tower B

Starts from the last sale price (AED 717K, 7 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 717,000
Deposit, UAE resident (20%)
AED 143,400
Deposit, non-resident (40%)
AED 286,800
Monthly over 25 years at 3.7%
AED 2,933

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