2-bed · 898 sqftAykon City Tower C, Business Bay · 53rd floor · completed 2023

5318, Aykon City Tower C

Sold prices and rental history: sold twice, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5318 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 2M15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5318, Aykon City Tower C

What is 5318 worth today?

Last sold for AED 2,000,000 in 2024

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15 Mar 2024SoldReady
AED 2,000,000AED 2,228 per sqft
17 Aug 2021Sold by developerOff-plan
AED 1,679,000AED 1,871 per sqft

Source: Dubai Land Department. Updated 15 March 2024.

Key facts

Type
2-bed apartment
Size
898 sqft
Floor
53rd of 60
Parking
B2-53
Developer
DAMAC
Completed
2023
Service charge
AED 18,800 /yr
Last sold
AED 2M · March 2024

About 5318, Aykon City Tower C

5318 is a two-bedroom apartment of 898 sqft on the 53rd floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 15 March 2024 for AED 2,000,000, or AED 2,228 per sqft, 9% above the AED 2,047 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5318 over time

Sales
Unit 5318, each saleTypical two-bed in Aykon City Tower C
1M2M2016201920222025Typical 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, August 2021: AED 1,679,000 (AED 1,871 per sqft)Sold, March 2024: AED 2,000,000 (AED 2,228 per sqft)

5318 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5318, 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 5318 sits

All 546 2-beds →

5318 last sold in March 2024 at AED 2,228 per sqft, 9% above what two-beds in Aykon City Tower C were fetching at the time (AED 2,047). 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 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

5318, Aykon City Tower C in numbers

  • Sold twice: first on 17 August 2021 for AED 1,679,000, last on 15 March 2024 for AED 2,000,000 (AED 2,228 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 15 March 2024.

Questions about 5318, Aykon City Tower C

What did unit 5318 last sell for?

AED 2,000,000 on 15 March 2024: AED 2,228 per sqft for 898 sqft. The unit has 2 registered sales; the first was AED 1,679,000 in August 2021.

How big is unit 5318?

898 sqft (83.4 sqm): a two-bedroom apartment on the 53rd floor of a 60-storey tower completed in 2023.

What is unit 5318 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 5318, Aykon City Tower C

Starts from the last sale price (AED 2M, 15 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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