Studio · 448 sqftAykon City Tower C, Business Bay · 14th floor · completed 2023

1401, Aykon City Tower C

Sold prices and rental history: sold twice, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 30 May 2023
Last soldAED 800K30 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Aykon City Tower C

What is 1401 worth today?

Last sold for AED 800,000 in 2023

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30 May 2023SoldOff-plan
AED 800,000AED 1,787 per sqft
18 Feb 2018Sold by developerOff-plan
AED 938,000AED 2,095 per sqft

Source: Dubai Land Department. Updated 30 May 2023.

Key facts

Type
Studio apartment
Size
448 sqft
Floor
14th of 60
Parking
P10-50
Developer
DAMAC
Completed
2023
Service charge
AED 9,400 /yr
Last sold
AED 800K · May 2023

About 1401, Aykon City Tower C

1401 is a studio of 448 sqft on the 14th floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 30 May 2023 for AED 800,000, or AED 1,787 per sqft, 10% below the AED 1,986 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1401 over time

Sales
Unit 1401, 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, February 2018: AED 938,000 (AED 2,095 per sqft)Sold, May 2023: AED 800,000 (AED 1,787 per sqft)

1401 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1401, each contractTypical studio in Aykon City Tower C
60K65K2024202520262027Typical rent by year: 2024 AED 62,000; 2025 AED 65,000; 2026 AED 57,000

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 1401 sits

All 204 studios →

1401 last sold in May 2023 at AED 1,787 per sqft, 10% below what studios in Aykon City Tower C were fetching at the time (AED 1,986). 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.

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 14th floor

All 983 units in Aykon City Tower C
Value
1402StudioAED 765K · Nov 2017
14032-bedAED 1.35M · Aug 2017
14041-bedAED 1.05M · Jan 2025
14051-bedAED 929K · Aug 2017
14061-bedAED 525K · Mar 2025
14072-bedAED 1.33M · Aug 2017
14082-bedAED 1.3M · Jul 2022
1–7 of 21

1401, Aykon City Tower C in numbers

  • Sold twice: first on 18 February 2018 for AED 938,000, last on 30 May 2023 for AED 800,000 (AED 1,787 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 30 May 2023.

Questions about 1401, Aykon City Tower C

What did unit 1401 last sell for?

AED 800,000 on 30 May 2023: AED 1,787 per sqft for 448 sqft. The unit has 2 registered sales; the first was AED 938,000 in February 2018.

How big is unit 1401?

448 sqft (41.6 sqm): a studio on the 14th floor of a 60-storey tower completed in 2023.

What is unit 1401 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 1401, Aykon City Tower C

Starts from the last sale price (AED 800K, 30 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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