2-bed · 897 sqftAykon City Tower C, Business Bay · 51st floor · completed 2023

5118, Aykon City Tower C

Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5118 · DLD and Ejari recordsUpdated 8 November 2022
Last soldAED 1.5M8 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5118, Aykon City Tower C

What is 5118 worth today?

Last sold for AED 1,497,000 in 2022

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8 Nov 2022SoldOff-plan
AED 1,497,000AED 1,668 per sqft
15 Sep 2019Sold by developerOff-plan
AED 1,497,000AED 1,668 per sqft

Source: Dubai Land Department. Updated 8 November 2022.

Key facts

Type
2-bed apartment
Size
897 sqft
Floor
51st of 60
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 18,800 /yr
Last sold
AED 1.5M · November 2022

About 5118, Aykon City Tower C

5118 is a two-bedroom apartment of 897 sqft on the 51st floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 8 November 2022 for AED 1,497,000, or AED 1,668 per sqft, 13% below the AED 1,923 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5118 over time

Sales
Unit 5118, 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, September 2019: AED 1,497,000 (AED 1,668 per sqft)Sold, November 2022: AED 1,497,000 (AED 1,668 per sqft)

5118 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5118, 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 5118 sits

All 546 2-beds →

5118 last sold in November 2022 at AED 1,668 per sqft, 13% below what two-beds in Aykon City Tower C were fetching at the time (AED 1,923). 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 51st floor

All 983 units in Aykon City Tower C
Value
51012-bedAED 2.2M · Oct 2024
51022-bedAED 1.4M · Feb 2020
51032-bedAED 1.37M · Jul 2019
51042-bedAED 1.47M · Dec 2020
51052-bedAED 1.58M · Jul 2019
51062-bedAED 1.58M · Nov 2022
5107StudioAED 938K · Nov 2024
1–7 of 17

5118, Aykon City Tower C in numbers

  • Sold twice: first on 15 September 2019 for AED 1,497,000, last on 8 November 2022 for AED 1,497,000 (AED 1,668 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 8 November 2022.

Questions about 5118, Aykon City Tower C

What did unit 5118 last sell for?

AED 1,497,000 on 8 November 2022: AED 1,668 per sqft for 897 sqft. The unit has 2 registered sales; the first was AED 1,497,000 in September 2019.

How big is unit 5118?

897 sqft (83.3 sqm): a two-bedroom apartment on the 51st floor of a 60-storey tower completed in 2023.

What is unit 5118 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 5118, Aykon City Tower C

Starts from the last sale price (AED 1.5M, 8 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,497,000
Deposit, UAE resident (20%)
AED 299,400
Deposit, non-resident (40%)
AED 598,800
Monthly over 25 years at 3.7%
AED 6,125

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