3-bed · 689 sqftAykon City Tower C, Business Bay · 16th floor · completed 2023

1612, Aykon City Tower C

Sold prices and rental history: sold once, by the developer in August 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1612 · DLD and Ejari recordsUpdated 17 August 2017
Last soldAED 1.98M17 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1612, Aykon City Tower C

What is 1612 worth today?

Last sold for AED 1,980,000 in 2017

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17 Aug 2017Sold by developerOff-plan
AED 1,980,000AED 2,872 per sqft

Source: Dubai Land Department. Updated 17 August 2017.

Key facts

Type
3-bed apartment
Size
689 sqft
Floor
16th of 60
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 14,500 /yr
Last sold
AED 1.98M · August 2017

About 1612, Aykon City Tower C

1612 is a three-bedroom apartment of 689 sqft on the 16th floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 17 August 2017 for AED 1,980,000, or AED 2,872 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1612 over time

Sales
Unit 1612, each saleTypical three-bed in Aykon City Tower C
2M2.5M2017202020232026Typical sale price by year: 2017 AED 1,980,000; 2018 AED 2,125,000; 2019 AED 2,200,000; 2021 AED 2,705,000; 2022 AED 2,471,000; 2023 AED 2,415,700; 2024 AED 2,500,000; 2025 AED 2,500,000; 2026 AED 2,480,000Sold by developer, August 2017: AED 1,980,000 (AED 2,872 per sqft)

1612 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1612, each contractTypical three-bed in Aykon City Tower C
140K160K2024202520262027Typical rent by year: 2024 AED 145,000; 2025 AED 165,000; 2026 AED 140,000

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

3-beds in Aykon City Tower C, and where 1612 sits

All 45 3-beds →

Over the last 12 months three-beds sold for AED 2,043,123 to 2,800,000, around AED 1,797 per sqft, and rent for AED 120,000 to 190,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Sep 20262,043,123
22 Jun 20262,480,000
26 Jan 20262,800,000
23 Dec 20252,200,000
4 3-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
16032-bedAED 1.5M · Oct 2024
16041-bedAED 923K · Aug 2017
16051-bedAED 902K · Aug 2017
16061-bedAED 918K · Aug 2017
16072-bedAED 1.33M · Aug 2017
1–7 of 21

1612, Aykon City Tower C in numbers

  • Sold once: by DAMAC on 17 August 2017 for AED 1,980,000, or AED 2,872 per sqft.
  • Three-beds in Aykon City Tower C sold for AED 2,043,123–2,800,000 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 17 August 2017.

Questions about 1612, Aykon City Tower C

What did unit 1612 last sell for?

AED 1,980,000 on 17 August 2017, sold by the developer: AED 2,872 per sqft for 689 sqft. It is the only registered sale of the unit.

How big is unit 1612?

689 sqft (64.0 sqm): a three-bedroom apartment on the 16th floor of a 60-storey tower completed in 2023.

What is unit 1612 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Aykon City Tower C sold for AED 2,043,123 to 2,800,000 in the last 12 months, around AED 1,797 per sqft.

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Mortgage on 1612, Aykon City Tower C

Starts from the last sale price (AED 1.98M, 17 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,980,000
Deposit, UAE resident (20%)
AED 396,000
Deposit, non-resident (40%)
AED 792,000
Monthly over 25 years at 3.7%
AED 8,101

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