2-bed · 897 sqftAykon City Tower C, Business Bay · 40th floor · completed 2023

4023, Aykon City Tower C

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

Unit 4023 · DLD and Ejari recordsUpdated 23 January 2024
Last soldAED 2.27M23 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4023, Aykon City Tower C

What is 4023 worth today?

Last sold for AED 2,268,000 in 2024

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23 Jan 2024SoldReady
AED 2,268,000AED 2,527 per sqft
6 Dec 2016Sold by developerOff-plan
AED 833,150AED 1,130 per sqft

Source: Dubai Land Department. Updated 23 January 2024.

Key facts

Type
2-bed apartment
Size
897 sqft
Floor
40th of 60
Parking
P2-54
Developer
DAMAC
Completed
2023
Service charge
AED 18,800 /yr
Last sold
AED 2.27M · January 2024

About 4023, Aykon City Tower C

4023 is a two-bedroom apartment of 897 sqft on the 40th floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 23 January 2024 for AED 2,268,000, or AED 2,527 per sqft, 27% above 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 4023 over time

Sales
Unit 4023, 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, December 2016: AED 833,150 (AED 1,130 per sqft)Sold, January 2024: AED 2,268,000 (AED 2,527 per sqft)

4023 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4023, 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 4023 sits

All 546 2-beds →

4023 last sold in January 2024 at AED 2,527 per sqft, 27% above 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 40th floor

All 983 units in Aykon City Tower C
Value
4001StudioAED 912K · Jun 2022
4002StudioAED 812K · Dec 2022
40032-bedAED 1.57M · Jun 2022
40041-bedAED 1.21M · Feb 2022
40051-bedAED 658K · Aug 2016
40061-bedAED 985K · Sep 2023
40072-bedAED 1.31M · Jan 2018
1–7 of 24

4023, Aykon City Tower C in numbers

  • Sold twice: first on 6 December 2016 for AED 833,150, last on 23 January 2024 for AED 2,268,000 (AED 2,527 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 23 January 2024.

Questions about 4023, Aykon City Tower C

What did unit 4023 last sell for?

AED 2,268,000 on 23 January 2024: AED 2,527 per sqft for 897 sqft. The unit has 2 registered sales; the first was AED 833,150 in December 2016.

How big is unit 4023?

897 sqft (83.3 sqm): a two-bedroom apartment on the 40th floor of a 60-storey tower completed in 2023.

What is unit 4023 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 4023, Aykon City Tower C

Starts from the last sale price (AED 2.27M, 23 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,268,000
Deposit, UAE resident (20%)
AED 453,600
Deposit, non-resident (40%)
AED 907,200
Monthly over 25 years at 3.7%
AED 9,279

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