2-bed · 1,077 sqftAykon City Tower B, Business Bay · 59th floor · completed 2023

5901, Aykon City Tower B

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

Unit 5901 · DLD and Ejari recordsUpdated 5 February 2019
Last soldAED 1.97M5 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5901, Aykon City Tower B

What is 5901 worth today?

Last sold for AED 1,973,940 in 2019

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5 Feb 2019Sold by developerOff-plan
AED 1,973,940AED 1,833 per sqft

Source: Dubai Land Department. Updated 5 February 2019.

Key facts

Type
2-bed hotel apartment
Size
1,077 sqft
Floor
59th of 64
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 30,600 /yr
Last sold
AED 1.97M · February 2019

About 5901, Aykon City Tower B

5901 is a two-bedroom hotel apartment of 1,077 sqft on the 59th floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 5 February 2019 for AED 1,973,940, or AED 1,833 per sqft, in line with the AED 1,838 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5901 over time

Sales
Unit 5901, 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, February 2019: AED 1,973,940 (AED 1,833 per sqft)

5901 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 5901 sits

All 136 2-beds →

5901 last sold in February 2019 at AED 1,833 per sqft, in line with what two-beds in Aykon City Tower B were fetching at the time (AED 1,838). 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 59th floor

All 1,200 units in Aykon City Tower B
Value
59022-bedAED 2.42M · Apr 2022
59032-bedAED 2.7M · Aug 2021
59041-bedAED 1.2M · Apr 2020
59052-bedAED 2.63M · Aug 2022
5906StudioAED 730K · Jul 2018
59072-bedAED 2.1M · Sep 2022
59082-bedAED 1.43M · Apr 2020
1–7 of 17

5901, Aykon City Tower B in numbers

  • Sold once: by DAMAC on 5 February 2019 for AED 1,973,940, or AED 1,833 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 5 February 2019.

Questions about 5901, Aykon City Tower B

What did unit 5901 last sell for?

AED 1,973,940 on 5 February 2019, sold by the developer: AED 1,833 per sqft for 1,077 sqft. It is the only registered sale of the unit.

How big is unit 5901?

1,077 sqft (100.1 sqm): a two-bedroom hotel apartment on the 59th floor of a 64-storey tower completed in 2023.

What is unit 5901 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 5901, Aykon City Tower B

Starts from the last sale price (AED 1.97M, 5 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,973,940
Deposit, UAE resident (20%)
AED 394,788
Deposit, non-resident (40%)
AED 789,576
Monthly over 25 years at 3.7%
AED 8,076

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