2-bed · 1,016 sqftAykon City Tower B, Business Bay · 59th floor · completed 2023

5908, Aykon City Tower B

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

Unit 5908 · DLD and Ejari recordsUpdated 30 April 2020
Last soldAED 1.43M30 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5908, Aykon City Tower B

What is 5908 worth today?

Last sold for AED 1,425,000 in 2020

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30 Apr 2020Sold by developerOff-plan
AED 1,425,000AED 1,402 per sqft

Source: Dubai Land Department. Updated 30 April 2020.

Key facts

Type
2-bed hotel apartment
Size
1,016 sqft
Floor
59th of 64
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 28,800 /yr
Last sold
AED 1.43M · April 2020

About 5908, Aykon City Tower B

5908 is a two-bedroom hotel apartment of 1,016 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 30 April 2020 for AED 1,425,000, or AED 1,402 per sqft, 15% below the AED 1,646 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5908 over time

Sales
Unit 5908, 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, April 2020: AED 1,425,000 (AED 1,402 per sqft)

5908 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 5908 sits

All 136 2-beds →

5908 last sold in April 2020 at AED 1,402 per sqft, 15% below what two-beds in Aykon City Tower B were fetching at the time (AED 1,646). 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
59012-bedAED 1.97M · Feb 2019
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
1–7 of 17

5908, Aykon City Tower B in numbers

  • Sold once: by DAMAC on 30 April 2020 for AED 1,425,000, or AED 1,402 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 30 April 2020.

Questions about 5908, Aykon City Tower B

What did unit 5908 last sell for?

AED 1,425,000 on 30 April 2020, sold by the developer: AED 1,402 per sqft for 1,016 sqft. It is the only registered sale of the unit.

How big is unit 5908?

1,016 sqft (94.4 sqm): a two-bedroom hotel apartment on the 59th floor of a 64-storey tower completed in 2023.

What is unit 5908 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 5908, Aykon City Tower B

Starts from the last sale price (AED 1.43M, 30 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,000
Deposit, UAE resident (20%)
AED 285,000
Deposit, non-resident (40%)
AED 570,000
Monthly over 25 years at 3.7%
AED 5,830

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