2-bed · 851 sqftAykon City Tower C, Business Bay · 50th floor · completed 2023

5001, Aykon City Tower C

Sold prices and rental history: sold once, by the developer in April 2022, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5001 · DLD and Ejari recordsUpdated 23 October 2024
Last soldAED 1.68M27 April 2022
Current rentAED 136K /yr23 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5001, Aykon City Tower C

What is 5001 worth today?

Last sold for AED 1,683,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

23 Oct 2024RentedNew contract
AED 136,000/yr12 months · AED 159 per sqft
27 Apr 2022Sold by developerOff-plan
AED 1,683,000AED 1,977 per sqft

Source: Dubai Land Department. Updated 23 October 2024.

Key facts

Type
2-bed apartment
Size
851 sqft
Floor
50th of 60
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 17,800 /yr
Last sold
AED 1.68M · April 2022

About 5001, Aykon City Tower C

5001 is a two-bedroom apartment of 851 sqft on the 50th floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 27 April 2022 for AED 1,683,000, or AED 1,977 per sqft, 3% above the AED 1,918 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 October 2024. The current contract, signed on 23 October 2024, is AED 136,000 a year: a gross yield of 8.1% on the 2022 price, before the service charge of about AED 17,800 a year.

Sales and rents for 5001 over time

Sales
Unit 5001, 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, April 2022: AED 1,683,000 (AED 1,977 per sqft)

5001 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5001, each contractTypical two-bed in Aykon City Tower C
100K120K140K2024202520262027Typical rent by year: 2024 AED 105,000; 2025 AED 105,000; 2026 AED 100,000New contract, October 2024: AED 136,000 a year

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 5001 sits

All 546 2-beds →

5001 last sold in April 2022 at AED 1,977 per sqft, 3% above what two-beds in Aykon City Tower C were fetching at the time (AED 1,918). 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. 5001's AED 136,000 is in the upper half of that range.

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 50th floor

All 983 units in Aykon City Tower C
Value
50022-bedAED 1.62M · Feb 2023
50032-bedAED 1.35M · Dec 2018
50042-bedAED 1.58M · Aug 2024
50052-bedAED 1.52M · Mar 2022
50062-bedAED 1.58M · Feb 2019
5007StudioAED 904K · Mar 2023
50082-bedAED 1.59M · Apr 2022
1–7 of 17

5001, Aykon City Tower C in numbers

  • Sold once: by DAMAC on 27 April 2022 for AED 1,683,000, or AED 1,977 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 136,000 a year.
  • At AED 136,000 a year the gross yield on the 2022 price is 8.1%, before a service charge of about AED 17,800 a year (AED 20.97 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 October 2024.

Questions about 5001, Aykon City Tower C

What did unit 5001 last sell for?

AED 1,683,000 on 27 April 2022, sold by the developer: AED 1,977 per sqft for 851 sqft. It is the only registered sale of the unit.

What is the rent for unit 5001?

AED 136,000 a year on the contract signed on 23 October 2024.

How big is unit 5001?

851 sqft (79.1 sqm): a two-bedroom apartment on the 50th floor of a 60-storey tower completed in 2023.

What is unit 5001 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.

Selling 5001? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 5001, Aykon City Tower C

Starts from the last sale price (AED 1.68M, 27 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,683,000
Deposit, UAE resident (20%)
AED 336,600
Deposit, non-resident (40%)
AED 673,200
Monthly over 25 years at 3.7%
AED 6,886

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