2-bed · 851 sqftAykon City Tower C, Business Bay · 47th floor · completed 2023

4701, Aykon City Tower C

Sold prices and rental history: sold once, by the developer in February 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4701 · DLD and Ejari recordsUpdated 4 February 2018
Last soldAED 1.25M4 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4701, Aykon City Tower C

What is 4701 worth today?

Last sold for AED 1,246,500 in 2018

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4 Feb 2018Sold by developerOff-plan
AED 1,246,500AED 1,464 per sqft

Source: Dubai Land Department. Updated 4 February 2018.

Key facts

Type
2-bed apartment
Size
851 sqft
Floor
47th of 60
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 17,800 /yr
Last sold
AED 1.25M · February 2018

About 4701, Aykon City Tower C

4701 is a two-bedroom apartment of 851 sqft on the 47th floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 4 February 2018 for AED 1,246,500, or AED 1,464 per sqft, 12% below the AED 1,671 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4701 over time

Sales
Unit 4701, 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, February 2018: AED 1,246,500 (AED 1,464 per sqft)

4701 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4701, 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 4701 sits

All 546 2-beds →

4701 last sold in February 2018 at AED 1,464 per sqft, 12% below what two-beds in Aykon City Tower C were fetching at the time (AED 1,671). 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 47th floor

All 983 units in Aykon City Tower C
Value
47022-bedAED 1.63M · Apr 2022
47032-bedAED 1.53M · Mar 2022
47042-bedAED 1.65M · Dec 2024
47052-bedAED 1.63M · Aug 2021
47062-bedAED 1.8M · Nov 2022
4707StudioAED 672K · Mar 2018
47082-bedAED 1.22M · Mar 2018
1–7 of 17

4701, Aykon City Tower C in numbers

  • Sold once: by DAMAC on 4 February 2018 for AED 1,246,500, or AED 1,464 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 4 February 2018.

Questions about 4701, Aykon City Tower C

What did unit 4701 last sell for?

AED 1,246,500 on 4 February 2018, sold by the developer: AED 1,464 per sqft for 851 sqft. It is the only registered sale of the unit.

How big is unit 4701?

851 sqft (79.1 sqm): a two-bedroom apartment on the 47th floor of a 60-storey tower completed in 2023.

What is unit 4701 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 4701, Aykon City Tower C

Starts from the last sale price (AED 1.25M, 4 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,246,500
Deposit, UAE resident (20%)
AED 249,300
Deposit, non-resident (40%)
AED 498,600
Monthly over 25 years at 3.7%
AED 5,100

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