Studio · 425 sqftAykon City Tower C, Business Bay · 53rd floor · completed 2023

5309, Aykon City Tower C

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

Unit 5309 · DLD and Ejari recordsUpdated 31 July 2026
Last soldAED 871K21 February 2022
Current rentAED 58K /yr31 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5309, Aykon City Tower C

What is 5309 worth today?

Last sold for AED 871,000 in 2022

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31 Jul 2026RentedRenewal
AED 57,750/yr12 months · AED 135 per sqft
31 Jul 2025RentedRenewal
AED 55,000/yr12 months · AED 129 per sqft
31 Jul 2024RentedNew contract
AED 50,000/yr12 months · AED 117 per sqft
21 Feb 2022Sold by developerOff-plan
AED 871,000AED 2,050 per sqft

Source: Dubai Land Department. Updated 31 July 2026.

Key facts

Type
Studio apartment
Size
425 sqft
Floor
53rd of 60
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 8,900 /yr
Last sold
AED 871K · February 2022

About 5309, Aykon City Tower C

5309 is a studio of 425 sqft on the 53rd floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 21 February 2022 for AED 871,000, or AED 2,050 per sqft, 17% below the AED 2,471 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 31 July 2026, is AED 57,750 a year: a gross yield of 6.6% on the 2022 price, before the service charge of about AED 8,900 a year.

Sales and rents for 5309 over time

Sales
Unit 5309, 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 2022: AED 871,000 (AED 2,050 per sqft)

5309 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 5309, each contractTypical studio in Aykon City Tower C
50K60K2024202520262027Typical rent by year: 2024 AED 62,000; 2025 AED 65,000; 2026 AED 57,000New contract, July 2024: AED 50,000 a yearRenewal, July 2025: AED 55,000 a yearRenewal, July 2026: AED 57,750 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 5309 sits

All 204 studios →

5309 last sold in February 2022 at AED 2,050 per sqft, 17% below what studios in Aykon City Tower C were fetching at the time (AED 2,471). 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. 5309's AED 57,750 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 53rd floor

All 983 units in Aykon City Tower C
Value
53012-bedAED 1.37M · Jun 2022
53022-bedAED 1.86M · Aug 2022
53032-bedAED 1.54M · Mar 2022
53042-bedAED 1.4M · Jun 2021
53052-bedAED 1.8M · Jul 2021
53062-bedAED 2.03M · Aug 2022
5307StudioAED 975K · Aug 2025
1–7 of 17

5309, Aykon City Tower C in numbers

  • Sold once: by DAMAC on 21 February 2022 for AED 871,000, or AED 2,050 per sqft.
  • Rented since July 2024 on 3 Ejari contracts, from AED 50,000 to AED 57,750 a year.
  • At AED 57,750 a year the gross yield on the 2022 price is 6.6%, before a service charge of about AED 8,900 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 31 July 2026.

Questions about 5309, Aykon City Tower C

What did unit 5309 last sell for?

AED 871,000 on 21 February 2022, sold by the developer: AED 2,050 per sqft for 425 sqft. It is the only registered sale of the unit.

What is the rent for unit 5309?

AED 57,750 a year on the contract renewed on 31 July 2026. The previous contract, from July 2025, was AED 55,000; the unit has been rented since July 2024.

How big is unit 5309?

425 sqft (39.5 sqm): a studio on the 53rd floor of a 60-storey tower completed in 2023.

What is unit 5309 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 5309, Aykon City Tower C

Starts from the last sale price (AED 871K, 21 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 871,000
Deposit, UAE resident (20%)
AED 174,200
Deposit, non-resident (40%)
AED 348,400
Monthly over 25 years at 3.7%
AED 3,564

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