2-bed · 869 sqftAykon City Tower C, Business Bay · 56th floor · completed 2023

5616, Aykon City Tower C

Sold prices and rental history: sold once, by the developer 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 5616 · DLD and Ejari recordsUpdated 29 November 2022
Last soldAED 2.04M29 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5616, Aykon City Tower C

What is 5616 worth today?

Last sold for AED 2,036,000 in 2022

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29 Nov 2022Sold by developerOff-plan
AED 2,036,000AED 2,342 per sqft

Source: Dubai Land Department. Updated 29 November 2022.

Key facts

Type
2-bed apartment
Size
869 sqft
Floor
56th of 60
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 18,200 /yr
Last sold
AED 2.04M · November 2022

About 5616, Aykon City Tower C

5616 is a two-bedroom apartment of 869 sqft on the 56th floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 29 November 2022 for AED 2,036,000, or AED 2,342 per sqft, 22% above the AED 1,925 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5616 over time

Sales
Unit 5616, 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, November 2022: AED 2,036,000 (AED 2,342 per sqft)

5616 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5616, 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 5616 sits

All 546 2-beds →

5616 last sold in November 2022 at AED 2,342 per sqft, 22% above what two-beds in Aykon City Tower C were fetching at the time (AED 1,925). 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 56th floor

All 983 units in Aykon City Tower C
Value
56012-bedAED 1.99M · Feb 2025
56022-bedAED 1.32M · Jun 2022
56032-bedAED 1.28M · Aug 2026
56042-bedAED 1.58M · Mar 2022
56052-bedAED 1.85M · Sep 2023
56062-bedAED 1.6M · Nov 2019
5607StudioAED 928K · Jul 2022
1–7 of 17

5616, Aykon City Tower C in numbers

  • Sold once: by DAMAC on 29 November 2022 for AED 2,036,000, or AED 2,342 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 29 November 2022.

Questions about 5616, Aykon City Tower C

What did unit 5616 last sell for?

AED 2,036,000 on 29 November 2022, sold by the developer: AED 2,342 per sqft for 869 sqft. It is the only registered sale of the unit.

How big is unit 5616?

869 sqft (80.7 sqm): a two-bedroom apartment on the 56th floor of a 60-storey tower completed in 2023.

What is unit 5616 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 5616, Aykon City Tower C

Starts from the last sale price (AED 2.04M, 29 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,036,000
Deposit, UAE resident (20%)
AED 407,200
Deposit, non-resident (40%)
AED 814,400
Monthly over 25 years at 3.7%
AED 8,330

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