2-bed · 1,237 sqftAykon City Tower B, Business Bay · 59th floor · completed 2023

5902, Aykon City Tower B

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 5902 · DLD and Ejari recordsUpdated 22 April 2022
Last soldAED 2.42M22 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5902, Aykon City Tower B

What is 5902 worth today?

Last sold for AED 2,418,000 in 2022

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22 Apr 2022Sold by developerOff-plan
AED 2,418,000AED 1,954 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 April 2022.

Key facts

Type
2-bed hotel apartment
Size
1,237 sqft
Floor
59th of 64
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 35,100 /yr
Last sold
AED 2.42M · April 2022

About 5902, Aykon City Tower B

5902 is a two-bedroom hotel apartment of 1,237 sqft on the 59th floor of Aykon City Tower B, a 64-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 22 April 2022 for AED 2,418,000, or AED 1,954 per sqft, in line with the AED 1,929 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5902 over time

Sales
Unit 5902, each saleTypical two-bed in Aykon City Tower B
1.5M2M2.5M2016201920222025Typical sale price by year: 2016 AED 1,842,050; 2017 AED 1,714,000; 2018 AED 2,026,530; 2019 AED 1,973,940; 2020 AED 1,517,000; 2021 AED 2,323,000; 2022 AED 2,055,000; 2023 AED 2,265,000; 2025 AED 1,833,490; 2026 AED 2,010,000Sold by developer, April 2022: AED 2,418,000 (AED 1,954 per sqft)

5902 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Aykon City Tower B, and where 5902 sits

All 130 2-beds →

5902 last sold in April 2022 at AED 1,954 per sqft, in line with what two-beds in Aykon City Tower B were fetching at the time (AED 1,929). Over the last 12 months two-beds sold for AED 1,500,000 to 2,400,000, around AED 1,732 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20261,550,000
27 Jan 20261,500,000
21 Jan 20262,400,000
14 Jan 20262,150,000
5 2-bed sales in the last 12 months

Aykon City Tower B

Building

1,199 apartments, studios to 3-bed over 64 floors in Business Bay, completed in 2023 by DAMAC. 31 sold in the last 12 months.

Typical price per sqft
AED 1,658 Up 1.0%
Typical sale
AED 1.05M
Typical rent
Few contracts
Typical yield
Aykon City Tower B, Business Bay: prices, sales and rents →

Other units on the 59th floor

All 1,199 units in Aykon City Tower B
Value
59012-bedAED 1.97M · Feb 2019
59032-bedAED 2.7M · Aug 2021
59041-bedAED 1.2M · Apr 2020
59052-bedAED 2.63M · Aug 2022
5906StudioAED 730K · Jul 2018
59072-bedAED 2.1M · Sep 2022
59082-bedAED 1.43M · Apr 2020
1–7 of 17

5902, Aykon City Tower B in numbers

  • Sold once: by DAMAC on 22 April 2022 for AED 2,418,000, or AED 1,954 per sqft.
  • Two-beds in Aykon City Tower B sold for AED 1,500,000–2,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,658 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 22 April 2022.

Questions about 5902, Aykon City Tower B

What did unit 5902 last sell for?

AED 2,418,000 on 22 April 2022, sold by the developer: AED 1,954 per sqft for 1,237 sqft. It is the only registered sale of the unit.

How big is unit 5902?

1,237 sqft (114.9 sqm): a two-bedroom hotel apartment on the 59th floor of a 64-storey tower completed in 2023.

What is unit 5902 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 B sold for AED 1,500,000 to 2,400,000 in the last 12 months, around AED 1,732 per sqft.

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Mortgage on 5902, Aykon City Tower B

Starts from the last sale price (AED 2.42M, 22 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,418,000
Deposit, UAE resident (20%)
AED 483,600
Deposit, non-resident (40%)
AED 967,200
Monthly over 25 years at 3.7%
AED 9,893

Plus AED 106,566 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →