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Studio · 404 sqftAykon City Tower C, Business Bay · 12th floor · completed 2023

1202, Aykon City Tower C

Sold prices and rental history: sold once, by the developer in March 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 804K15 March 2022
Current rentAED 66K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1202, Aykon City Tower C

What is 1202 worth today?

Last sold for AED 804,000 in 2022

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15 Oct 2025RentedRenewal
AED 66,000/yr12 months · AED 163 per sqft
15 Oct 2024RentedNew contract
AED 60,000/yr12 months · AED 148 per sqft
15 Mar 2022Sold by developerOff-plan
AED 804,000AED 1,986 per sqft

Source: Dubai Land Department. Updated 15 October 2025.

Key facts

Type
Studio apartment
Size
404 sqft
Floor
12th of 60
Parking
P10-43
Developer
DAMAC
Completed
2023
Service charge
AED 8,500 /yr
Last sold
AED 804K · March 2022
Building
Aykon City Tower C

About 1202, Aykon City Tower C

1202 is a studio of 404 sqft on the 12th floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 15 March 2022 for AED 804,000, or AED 1,986 per sqft, 19% below the AED 2,457 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 15 October 2025, is AED 66,000 a year: a gross yield of 8.2% on the 2022 price, before the service charge of about AED 8,500 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical studio in Aykon City Tower C
800K1M2016201920222025Typical sale price by year: 2016 AED 892,993; 2017 AED 769,000; 2018 AED 794,200; 2019 AED 824,997; 2020 AED 875,000; 2021 AED 1,077,000; 2022 AED 754,800; 2023 AED 917,696; 2024 AED 900,000; 2025 AED 905,000; 2026 AED 835,000Sold by developer, March 2022: AED 804,000 (AED 1,986 per sqft)

1202 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1202, each contractTypical studio in Aykon City Tower C
60K65K2024202520262027Typical rent by year: 2024 AED 62,000; 2025 AED 65,000; 2026 AED 57,000New contract, October 2024: AED 60,000 a yearRenewal, October 2025: AED 66,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Aykon City Tower C, and where 1202 sits

All 204 studios →

1202 last sold in March 2022 at AED 1,986 per sqft, 19% below what studios in Aykon City Tower C were fetching at the time (AED 2,457). Over the last 12 months studios sold for AED 473,514 to 985,000, around AED 1,937 per sqft, and rent for AED 45,000 to 120,000 a year. 1202's AED 66,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Oct 2026840,000
3 Oct 2026780,000
2 Sep 2026850,000
2 Jul 2026717,000
11 studio sales in the last 12 months

Aykon City Tower C

Building

983 apartments, studios to 3-bed over 60 floors in Business Bay, completed in 2023 by DAMAC. 66 sold in the last 12 months.

Typical price per sqft
AED 1,799 Down 8.7%
Typical sale
AED 1.44M
Typical rent
AED 86K /yr
Typical yield
7.1%
Aykon City Tower C, Business Bay: prices, sales and rents →

Other units on the 12th floor

All 983 units in Aykon City Tower C
Value
1201StudioAED 900K · Apr 2025
12032-bedAED 1.59M · Nov 2024
12041-bedAED 923K · Aug 2017
12051-bedAED 902K · Aug 2017
12061-bedAED 918K · Aug 2017
12072-bedAED 1.33M · Aug 2017
12082-bedAED 1.16M · Nov 2017
1–7 of 21

1202, Aykon City Tower C in numbers

  • Sold once: by DAMAC on 15 March 2022 for AED 804,000, or AED 1,986 per sqft.
  • Rented since October 2024 on 2 Ejari contracts, from AED 60,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2022 price is 8.2%, before a service charge of about AED 8,500 a year (AED 20.97 per sqft).
  • Studios in Aykon City Tower C sold for AED 473,514–985,000 in the 12 months to November 2026; the building's median across all types is AED 1,799 per sqft.

Source: Dubai Land Department. Updated 15 October 2025.

Questions about 1202, Aykon City Tower C

What did unit 1202 last sell for?

AED 804,000 on 15 March 2022, sold by the developer: AED 1,986 per sqft for 404 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 66,000 a year on the contract renewed on 15 October 2025. The previous contract, from October 2024, was AED 60,000.

How big is unit 1202?

404 sqft (37.5 sqm): a studio on the 12th floor of a 60-storey tower completed in 2023.

What is unit 1202 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 C sold for AED 473,514 to 985,000 in the last 12 months, around AED 1,937 per sqft.

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Mortgage on 1202, Aykon City Tower C

Starts from the last sale price (AED 804K, 15 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 804,000
Deposit, UAE resident (20%)
AED 160,800
Deposit, non-resident (40%)
AED 321,600
Monthly over 25 years at 3.7%
AED 3,289

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