2-bed · 822 sqftAykon City Tower C, Business Bay · 16th floor · completed 2023

1603, Aykon City Tower C

Sold prices and rental history: sold twice, last in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 21 October 2024
Last soldAED 1.5M21 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Aykon City Tower C

What is 1603 worth today?

Last sold for AED 1,500,000 in 2024

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21 Oct 2024SoldReady
AED 1,500,000AED 1,824 per sqft
22 Aug 2017Sold by developerOff-plan
AED 1,345,100AED 3,079 per sqft

Source: Dubai Land Department. Updated 21 October 2024.

Key facts

Type
2-bed apartment
Size
822 sqft
Floor
16th of 60
Parking
P8-12
Developer
DAMAC
Completed
2023
Service charge
AED 17,200 /yr
Last sold
AED 1.5M · October 2024

About 1603, Aykon City Tower C

1603 is a two-bedroom apartment of 822 sqft on the 16th floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 21 October 2024 for AED 1,500,000, or AED 1,824 per sqft, 8% below the AED 1,983 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical two-bed in Aykon City Tower C
1M1.5M2016201920222025Typical 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, August 2017: AED 1,345,100 (AED 3,079 per sqft)Sold, October 2024: AED 1,500,000 (AED 1,824 per sqft)

1603 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, each contractTypical two-bed in Aykon City Tower C
100K103K105K2024202520262027Typical rent by year: 2024 AED 105,000; 2025 AED 105,000; 2026 AED 100,000

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 1603 sits

All 546 2-beds →

1603 last sold in October 2024 at AED 1,824 per sqft, 8% below what two-beds in Aykon City Tower C were fetching at the time (AED 1,983). 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.

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 16th floor

All 983 units in Aykon City Tower C
Value
1601StudioAED 850K · Feb 2025
1602StudioAED 765K · Aug 2017
16041-bedAED 923K · Aug 2017
16051-bedAED 902K · Aug 2017
16061-bedAED 918K · Aug 2017
16072-bedAED 1.33M · Aug 2017
16082-bedAED 1.33M · Aug 2017
1–7 of 21

1603, Aykon City Tower C in numbers

  • Sold twice: first on 22 August 2017 for AED 1,345,100, last on 21 October 2024 for AED 1,500,000 (AED 1,824 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 21 October 2024.

Questions about 1603, Aykon City Tower C

What did unit 1603 last sell for?

AED 1,500,000 on 21 October 2024: AED 1,824 per sqft for 822 sqft. The unit has 2 registered sales; the first was AED 1,345,100 in August 2017.

How big is unit 1603?

822 sqft (76.4 sqm): a two-bedroom apartment on the 16th floor of a 60-storey tower completed in 2023.

What is unit 1603 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 1603, Aykon City Tower C

Starts from the last sale price (AED 1.5M, 21 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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