1-bed · 687 sqftAykon City Tower B, Business Bay · 63rd floor · completed 2023

6311, Aykon City Tower B

Sold prices and rental history: sold twice, last in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6311 · DLD and Ejari recordsUpdated 8 September 2022
Last soldAED 1.15M8 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6311, Aykon City Tower B

What is 6311 worth today?

Last sold for AED 1,150,000 in 2022

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8 Sep 2022SoldOff-plan
AED 1,150,000AED 1,674 per sqft
25 Oct 2020Sold by developerOff-plan
AED 1,149,000AED 1,673 per sqft

Source: Dubai Land Department. Updated 8 September 2022.

Key facts

Type
1-bed hotel apartment
Size
687 sqft
Floor
63rd of 64
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 19,500 /yr
Last sold
AED 1.15M · September 2022

About 6311, Aykon City Tower B

6311 is a one-bedroom hotel apartment of 687 sqft on the 63rd floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 8 September 2022 for AED 1,150,000, or AED 1,674 per sqft, 15% below the AED 1,977 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 6311 over time

Sales
Unit 6311, 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, October 2020: AED 1,149,000 (AED 1,673 per sqft)Sold, September 2022: AED 1,150,000 (AED 1,674 per sqft)

6311 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 6311, 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 6311 sits

All 516 1-beds →

6311 last sold in September 2022 at AED 1,674 per sqft, 15% below what one-beds in Aykon City Tower B were fetching at the time (AED 1,977). 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 63rd floor

All 1,200 units in Aykon City Tower B
Value
6302StudioAED 849K · Dec 2019
63032-bedNo registered sale
6304StudioAED 1.05M · Jun 2018
6306StudioAED 852K · Apr 2019
63072-bedAED 3.49M · Apr 2023
6308StudioAED 880K · May 2022
63132-bedAED 1.51M · May 2020

6311, Aykon City Tower B in numbers

  • Sold twice: first on 25 October 2020 for AED 1,149,000, last on 8 September 2022 for AED 1,150,000 (AED 1,674 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 8 September 2022.

Questions about 6311, Aykon City Tower B

What did unit 6311 last sell for?

AED 1,150,000 on 8 September 2022: AED 1,674 per sqft for 687 sqft. The unit has 2 registered sales; the first was AED 1,149,000 in October 2020.

How big is unit 6311?

687 sqft (63.8 sqm): a one-bedroom hotel apartment on the 63rd floor of a 64-storey tower completed in 2023.

What is unit 6311 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 6311, Aykon City Tower B

Starts from the last sale price (AED 1.15M, 8 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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