2-bed · 816 sqftAykon City Tower C, Business Bay · 57th floor · completed 2023

5711, Aykon City Tower C

Sold prices and rental history: sold once, by the developer in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5711 · DLD and Ejari recordsUpdated 7 April 2022
Last soldAED 1.57M7 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5711, Aykon City Tower C

What is 5711 worth today?

Last sold for AED 1,572,620 in 2022

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7 Apr 2022Sold by developerOff-plan
AED 1,572,620AED 1,926 per sqft

Source: Dubai Land Department. Updated 7 April 2022.

Key facts

Type
2-bed apartment
Size
816 sqft
Floor
57th of 60
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 17,100 /yr
Last sold
AED 1.57M · April 2022

About 5711, Aykon City Tower C

5711 is a two-bedroom apartment of 816 sqft on the 57th floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 7 April 2022 for AED 1,572,620, or AED 1,926 per sqft, in line with the AED 1,901 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5711 over time

Sales
Unit 5711, 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, April 2022: AED 1,572,620 (AED 1,926 per sqft)

5711 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5711, 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 5711 sits

All 546 2-beds →

5711 last sold in April 2022 at AED 1,926 per sqft, in line with what two-beds in Aykon City Tower C were fetching at the time (AED 1,901). 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 57th floor

All 983 units in Aykon City Tower C
Value
57012-bedAED 1.45M · Jun 2021
57022-bedAED 1.96M · Jan 2025
57032-bedAED 1.4M · Jan 2021
57042-bedAED 1.8M · Mar 2021
57052-bedAED 2.01M · Jul 2021
57062-bedAED 2.07M · Aug 2022
5707StudioAED 900K · Feb 2021
1–7 of 17

5711, Aykon City Tower C in numbers

  • Sold once: by DAMAC on 7 April 2022 for AED 1,572,620, or AED 1,926 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 7 April 2022.

Questions about 5711, Aykon City Tower C

What did unit 5711 last sell for?

AED 1,572,620 on 7 April 2022, sold by the developer: AED 1,926 per sqft for 816 sqft. It is the only registered sale of the unit.

How big is unit 5711?

816 sqft (75.8 sqm): a two-bedroom apartment on the 57th floor of a 60-storey tower completed in 2023.

What is unit 5711 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 5711, Aykon City Tower C

Starts from the last sale price (AED 1.57M, 7 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,572,620
Deposit, UAE resident (20%)
AED 314,524
Deposit, non-resident (40%)
AED 629,048
Monthly over 25 years at 3.7%
AED 6,434

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