Studio · 427 sqftAykon City Tower C, Business Bay · 55th floor · completed 2023

5509, Aykon City Tower C

Sold prices and rental history: sold twice, last in December 2024, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5509 · DLD and Ejari recordsUpdated 24 July 2026
Last soldAED 930K17 December 2024
Current rentAED 58K /yr24 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5509, Aykon City Tower C

What is 5509 worth today?

Last sold for AED 930,000 in 2024

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24 Jul 2026RentedNew contract
AED 58,000/yr12 months · AED 136 per sqft
17 Dec 2024SoldReady
AED 930,000AED 2,180 per sqft
17 May 2022Sold by developerOff-plan
AED 720,800AED 1,696 per sqft

Source: Dubai Land Department. Updated 24 July 2026.

Key facts

Type
Studio apartment
Size
427 sqft
Floor
55th of 60
Parking
B3-30
Developer
DAMAC
Completed
2023
Service charge
AED 8,900 /yr
Last sold
AED 930K · December 2024

About 5509, Aykon City Tower C

5509 is a studio of 427 sqft on the 55th floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 17 December 2024 for AED 930,000, or AED 2,180 per sqft, 5% above the AED 2,077 studios in the building were fetching at the time.

One Ejari contract is registered, from 24 July 2026. The current contract, signed on 24 July 2026, is AED 58,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 8,900 a year.

Sales and rents for 5509 over time

Sales
Unit 5509, 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, May 2022: AED 720,800 (AED 1,696 per sqft)Sold, December 2024: AED 930,000 (AED 2,180 per sqft)

5509 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 5509, each contractTypical studio in Aykon City Tower C
60K65K2024202520262027Typical rent by year: 2024 AED 62,000; 2025 AED 65,000; 2026 AED 57,000New contract, July 2026: AED 58,000 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 5509 sits

All 204 studios →

5509 last sold in December 2024 at AED 2,180 per sqft, 5% above what studios in Aykon City Tower C were fetching at the time (AED 2,077). 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. 5509's AED 58,000 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 55th floor

All 983 units in Aykon City Tower C
Value
55012-bedAED 1.8M · Mar 2021
55022-bedAED 1.4M · Jan 2021
55032-bedAED 1.4M · Dec 2020
55042-bedAED 1.4M · Oct 2020
55052-bedAED 1.6M · Feb 2021
55062-bedAED 1.65M · Dec 2025
5507StudioAED 1.12M · Jan 2021
1–7 of 17

5509, Aykon City Tower C in numbers

  • Sold twice: first on 17 May 2022 for AED 720,800, last on 17 December 2024 for AED 930,000 (AED 2,180 per sqft).
  • Rented since July 2026 on one Ejari contract, at AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2024 price is 6.2%, 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 24 July 2026.

Questions about 5509, Aykon City Tower C

What did unit 5509 last sell for?

AED 930,000 on 17 December 2024: AED 2,180 per sqft for 427 sqft. The unit has 2 registered sales; the first was AED 720,800 in May 2022.

What is the rent for unit 5509?

AED 58,000 a year on the contract signed on 24 July 2026.

How big is unit 5509?

427 sqft (39.7 sqm): a studio on the 55th floor of a 60-storey tower completed in 2023.

What is unit 5509 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 5509, Aykon City Tower C

Starts from the last sale price (AED 930K, 17 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 930,000
Deposit, UAE resident (20%)
AED 186,000
Deposit, non-resident (40%)
AED 372,000
Monthly over 25 years at 3.7%
AED 3,805

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