Studio · 446 sqftAykon City Tower C, Business Bay · 45th floor · completed 2023

4507, Aykon City Tower C

Sold prices and rental history: sold twice, last in July 2024, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4507 · DLD and Ejari recordsUpdated 9 October 2024
Last soldAED 960K25 July 2024
Current rentAED 75K /yr9 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4507, Aykon City Tower C

What is 4507 worth today?

Last sold for AED 960,000 in 2024

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9 Oct 2024RentedNew contract
AED 75,000/yr12 months · AED 170 per sqft
25 Jul 2024SoldReady
AED 960,000AED 2,150 per sqft
18 Feb 2018Sold by developerOff-plan
AED 857,000AED 1,912 per sqft

Source: Dubai Land Department. Updated 9 October 2024.

Key facts

Type
Studio apartment
Size
446 sqft
Floor
45th of 60
Parking
P3-60
Developer
DAMAC
Completed
2023
Service charge
AED 9,400 /yr
Last sold
AED 960K · July 2024

About 4507, Aykon City Tower C

4507 is a studio of 446 sqft on the 45th floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 25 July 2024 for AED 960,000, or AED 2,150 per sqft, 6% above the AED 2,037 studios in the building were fetching at the time.

One Ejari contract is registered, from 9 October 2024. The current contract, signed on 9 October 2024, is AED 75,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 9,400 a year.

Sales and rents for 4507 over time

Sales
Unit 4507, 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 857,000 (AED 1,912 per sqft)Sold, July 2024: AED 960,000 (AED 2,150 per sqft)

4507 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 4507, each contractTypical studio in Aykon City Tower C
60K70K2024202520262027Typical rent by year: 2024 AED 62,000; 2025 AED 65,000; 2026 AED 57,000New contract, October 2024: AED 75,000 a year

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 4507 sits

All 204 studios →

4507 last sold in July 2024 at AED 2,150 per sqft, 6% above what studios in Aykon City Tower C were fetching at the time (AED 2,037). 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. 4507's AED 75,000 is in the lower half of that range.

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 45th floor

All 983 units in Aykon City Tower C
Value
45012-bedAED 1.75M · Jan 2025
45022-bedAED 1.38M · Nov 2020
45032-bedAED 1.53M · Aug 2022
45042-bedAED 1.37M · Apr 2018
45052-bedAED 1.35M · May 2018
45062-bedAED 1.62M · Mar 2021
45082-bedAED 1.5M · Jan 2026
1–7 of 17

4507, Aykon City Tower C in numbers

  • Sold twice: first on 18 February 2018 for AED 857,000, last on 25 July 2024 for AED 960,000 (AED 2,150 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 9,400 a year (AED 20.97 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 9 October 2024.

Questions about 4507, Aykon City Tower C

What did unit 4507 last sell for?

AED 960,000 on 25 July 2024: AED 2,150 per sqft for 446 sqft. The unit has 2 registered sales; the first was AED 857,000 in February 2018.

What is the rent for unit 4507?

AED 75,000 a year on the contract signed on 9 October 2024.

How big is unit 4507?

446 sqft (41.4 sqm): a studio on the 45th floor of a 60-storey tower completed in 2023.

What is unit 4507 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 4507, Aykon City Tower C

Starts from the last sale price (AED 960K, 25 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

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