2-bed · 939 sqftAykon City Tower C, Business Bay · 50th floor · completed 2023

5005, Aykon City Tower C

Sold prices and rental history: sold once, by the developer in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5005 · DLD and Ejari recordsUpdated 17 March 2022
Last soldAED 1.52M17 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5005, Aykon City Tower C

What is 5005 worth today?

Last sold for AED 1,520,000 in 2022

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17 Mar 2022Sold by developerOff-plan
AED 1,520,000AED 1,618 per sqft

Source: Dubai Land Department. Updated 17 March 2022.

Key facts

Type
2-bed apartment
Size
939 sqft
Floor
50th of 60
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 19,700 /yr
Last sold
AED 1.52M · March 2022

About 5005, Aykon City Tower C

5005 is a two-bedroom apartment of 939 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 17 March 2022 for AED 1,520,000, or AED 1,618 per sqft, 16% below the AED 1,915 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5005 over time

Sales
Unit 5005, 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, March 2022: AED 1,520,000 (AED 1,618 per sqft)

5005 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5005, 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 5005 sits

All 546 2-beds →

5005 last sold in March 2022 at AED 1,618 per sqft, 16% below what two-beds in Aykon City Tower C were fetching at the time (AED 1,915). 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 50th floor

All 983 units in Aykon City Tower C
Value
50012-bedAED 1.68M · Apr 2022
50022-bedAED 1.62M · Feb 2023
50032-bedAED 1.35M · Dec 2018
50042-bedAED 1.58M · Aug 2024
50062-bedAED 1.58M · Feb 2019
5007StudioAED 904K · Mar 2023
50082-bedAED 1.59M · Apr 2022
1–7 of 17

5005, Aykon City Tower C in numbers

  • Sold once: by DAMAC on 17 March 2022 for AED 1,520,000, or AED 1,618 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 17 March 2022.

Questions about 5005, Aykon City Tower C

What did unit 5005 last sell for?

AED 1,520,000 on 17 March 2022, sold by the developer: AED 1,618 per sqft for 939 sqft. It is the only registered sale of the unit.

How big is unit 5005?

939 sqft (87.2 sqm): a two-bedroom apartment on the 50th floor of a 60-storey tower completed in 2023.

What is unit 5005 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 5005, Aykon City Tower C

Starts from the last sale price (AED 1.52M, 17 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,520,000
Deposit, UAE resident (20%)
AED 304,000
Deposit, non-resident (40%)
AED 608,000
Monthly over 25 years at 3.7%
AED 6,219

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