2-bed · 799 sqftAykon City Tower C, Business Bay · 15th floor · completed 2023

1516, Aykon City Tower C

Sold prices and rental history: sold 3 times, last in December 2023, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1516 · DLD and Ejari recordsUpdated 9 July 2026
Last soldAED 1.58M13 December 2023
Current rentAED 110K /yr9 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1516, Aykon City Tower C

What is 1516 worth today?

Last sold for AED 1,584,142 in 2023

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9 Jul 2026RentedNew contract
AED 110,000/yr12 months · AED 138 per sqft
13 Dec 2023SoldReady
AED 1,584,142AED 1,983 per sqft
13 Sep 2023SoldOff-plan
AED 1,950,000AED 2,397 per sqft
27 Nov 2017Sold by developerOff-plan
AED 1,164,660AED 1,432 per sqft

Source: Dubai Land Department. Updated 9 July 2026.

Key facts

Type
2-bed apartment
Size
799 sqft
Floor
15th of 60
Parking
P8-32
Developer
DAMAC
Completed
2023
Service charge
AED 16,700 /yr
Last sold
AED 1.58M · December 2023

About 1516, Aykon City Tower C

1516 is a two-bedroom apartment of 799 sqft on the 15th floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 13 December 2023 for AED 1,584,142, or AED 1,983 per sqft, in line with the AED 1,966 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 July 2026. The current contract, signed on 9 July 2026, is AED 110,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 16,700 a year.

Sales and rents for 1516 over time

Sales
Unit 1516, each saleTypical two-bed in Aykon City Tower C
1M2M2016201920222025Typical sale price by year: 2016 AED 809,400; 2017 AED 1,327,650; 2018 AED 1,355,000; 2019 AED 1,400,000; 2020 AED 1,450,000; 2021 AED 1,632,400; 2022 AED 1,578,500; 2023 AED 1,650,000; 2024 AED 1,700,000; 2025 AED 1,580,000; 2026 AED 1,475,000Sold by developer, November 2017: AED 1,164,660 (AED 1,432 per sqft)Sold, September 2023: AED 1,950,000 (AED 2,397 per sqft)Sold, December 2023: AED 1,584,142 (AED 1,983 per sqft)

1516 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1516, each contractTypical two-bed in Aykon City Tower C
100K105K110K2024202520262027Typical rent by year: 2024 AED 105,000; 2025 AED 105,000; 2026 AED 100,000New contract, July 2026: AED 110,000 a year

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

2-beds in Aykon City Tower C, and where 1516 sits

All 546 2-beds →

1516 last sold in December 2023 at AED 1,983 per sqft, in line with what two-beds in Aykon City Tower C were fetching at the time (AED 1,966). Over the last 12 months two-beds sold for AED 1,200,000 to 2,372,000, around AED 1,774 per sqft, and rent for AED 60,000 to 170,000 a year. 1516's AED 110,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20261,200,000
2 Oct 20261,440,000
25 Sep 20261,520,000
24 Sep 20261,320,000
41 2-bed 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 15th floor

All 983 units in Aykon City Tower C
Value
1501StudioAED 717K · Jul 2026
1502StudioAED 964K · Mar 2023
15032-bedAED 1.35M · Dec 2017
15041-bedAED 1.01M · Mar 2022
15051-bedAED 920K · Nov 2025
15061-bedAED 918K · Nov 2017
15072-bedAED 1.33M · Aug 2017
1–7 of 21

1516, Aykon City Tower C in numbers

  • Sold 3 times: first on 27 November 2017 for AED 1,164,660, last on 13 December 2023 for AED 1,584,142 (AED 1,983 per sqft).
  • Rented since July 2026 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 16,700 a year (AED 20.97 per sqft).
  • Two-beds in Aykon City Tower C sold for AED 1,200,000–2,372,000 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 9 July 2026.

Questions about 1516, Aykon City Tower C

What did unit 1516 last sell for?

AED 1,584,142 on 13 December 2023: AED 1,983 per sqft for 799 sqft. The unit has 3 registered sales; the first was AED 1,164,660 in November 2017.

What is the rent for unit 1516?

AED 110,000 a year on the contract signed on 9 July 2026.

How big is unit 1516?

799 sqft (74.2 sqm): a two-bedroom apartment on the 15th floor of a 60-storey tower completed in 2023.

What is unit 1516 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 C sold for AED 1,200,000 to 2,372,000 in the last 12 months, around AED 1,774 per sqft.

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Mortgage on 1516, Aykon City Tower C

Starts from the last sale price (AED 1.58M, 13 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,584,142
Deposit, UAE resident (20%)
AED 316,828
Deposit, non-resident (40%)
AED 633,657
Monthly over 25 years at 3.7%
AED 6,481

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