2-bed · 812 sqftAykon City Tower C, Business Bay · 55th floor · completed 2023

5503, Aykon City Tower C

Sold prices and rental history: sold once, by the developer in December 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5503 · DLD and Ejari recordsUpdated 14 December 2020
Last soldAED 1.4M14 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5503, Aykon City Tower C

What is 5503 worth today?

Last sold for AED 1,400,000 in 2020

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14 Dec 2020Sold by developerOff-plan
AED 1,400,000AED 1,723 per sqft

Source: Dubai Land Department. Updated 14 December 2020.

Key facts

Type
2-bed apartment
Size
812 sqft
Floor
55th of 60
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 17,000 /yr
Last sold
AED 1.4M · December 2020

About 5503, Aykon City Tower C

5503 is a two-bedroom apartment of 812 sqft on the 55th floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 14 December 2020 for AED 1,400,000, or AED 1,723 per sqft, in line with the AED 1,703 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5503 over time

Sales
Unit 5503, 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, December 2020: AED 1,400,000 (AED 1,723 per sqft)

5503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5503, 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 5503 sits

All 546 2-beds →

5503 last sold in December 2020 at AED 1,723 per sqft, in line with what two-beds in Aykon City Tower C were fetching at the time (AED 1,703). 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 55th floor

All 983 units in Aykon City Tower C
Value
55012-bedAED 1.8M · Mar 2021
55022-bedAED 1.4M · Jan 2021
55042-bedAED 1.4M · Oct 2020
55052-bedAED 1.6M · Feb 2021
55062-bedAED 1.65M · Dec 2025
5507StudioAED 1.12M · Jan 2021
55082-bedAED 1.56M · Feb 2023
1–7 of 17

5503, Aykon City Tower C in numbers

  • Sold once: by DAMAC on 14 December 2020 for AED 1,400,000, or AED 1,723 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 14 December 2020.

Questions about 5503, Aykon City Tower C

What did unit 5503 last sell for?

AED 1,400,000 on 14 December 2020, sold by the developer: AED 1,723 per sqft for 812 sqft. It is the only registered sale of the unit.

How big is unit 5503?

812 sqft (75.4 sqm): a two-bedroom apartment on the 55th floor of a 60-storey tower completed in 2023.

What is unit 5503 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 5503, Aykon City Tower C

Starts from the last sale price (AED 1.4M, 14 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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