2-bed · 851 sqftAykon City Tower C, Business Bay · 35th floor · completed 2023

3501, Aykon City Tower C

Sold prices and rental history: sold 3 times, last in August 2023, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3501 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 2M14 August 2023
Current rentAED 95K /yr30 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3501, Aykon City Tower C

What is 3501 worth today?

Last sold for AED 2,001,529 in 2023

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30 Sep 2024RentedNew contract
AED 95,000/yr12 months · AED 112 per sqft
14 Aug 2023SoldOff-plan
AED 2,001,529AED 2,351 per sqft
26 Apr 2023SoldOff-plan
AED 1,451,487AED 1,705 per sqft
10 Dec 2017Sold by developerOff-plan
AED 1,288,050AED 1,513 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 September 2024.

Key facts

Type
2-bed apartment
Size
851 sqft
Floor
35th of 60
Parking
P4-23
Developer
DAMAC
Completed
2023
Service charge
AED 17,800 /yr
Last sold
AED 2M · August 2023

About 3501, Aykon City Tower C

3501 is a two-bedroom apartment of 851 sqft on the 35th floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 14 August 2023 for AED 2,001,529, or AED 2,351 per sqft, 27% above the AED 1,858 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 September 2024. The current contract, signed on 30 September 2024, is AED 95,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 17,800 a year.

Sales and rents for 3501 over time

Sales
Unit 3501, 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 1,354,320; 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 1,500,000Sold by developer, December 2017: AED 1,288,050 (AED 1,513 per sqft)Sold, April 2023: AED 1,451,487 (AED 1,705 per sqft)Sold, August 2023: AED 2,001,529 (AED 2,351 per sqft)

3501 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3501, each contractTypical two-bed in Aykon City Tower C
100K120K2024202520262027Typical rent by year: 2024 AED 105,000; 2025 AED 105,646; 2026 AED 120,000New contract, September 2024: AED 95,000 a year

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 3501 sits

All 524 2-beds →

3501 last sold in August 2023 at AED 2,351 per sqft, 27% above what two-beds in Aykon City Tower C were fetching at the time (AED 1,858). Over the last 12 months two-beds sold for AED 1,350,000 to 2,175,160, around AED 1,826 per sqft, and rent for AED 93,500 to 170,000 a year. 3501's AED 95,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Feb 20261,425,000
12 Feb 20261,350,000
11 Feb 20262,175,160
5 Feb 20261,700,000
18 2-bed sales in the last 12 months

Aykon City Tower C

Building

982 apartments, studios to 3-bed over 60 floors in Business Bay, completed in 2023 by DAMAC. 27 sold in the last 12 months.

Typical price per sqft
AED 1,820 Down 7.7%
Typical sale
AED 1.5M
Typical rent
AED 107K /yr
Typical yield
7.9%
Aykon City Tower C, Business Bay: prices, sales and rents →

Other units on the 35th floor

All 982 units in Aykon City Tower C
Value
35022-bedAED 1.97M · Jul 2023
35032-bedAED 1.85M · Aug 2023
35042-bedAED 1.59M · Nov 2023
35052-bedAED 1.57M · Nov 2023
35062-bedAED 1.83M · Aug 2023
3507StudioAED 1.05M · Jun 2023
35082-bedAED 2M · Jul 2023
1–7 of 17

3501, Aykon City Tower C in numbers

  • Sold 3 times: first on 10 December 2017 for AED 1,288,050, last on 14 August 2023 for AED 2,001,529 (AED 2,351 per sqft).
  • Rented since September 2024 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 17,800 a year (AED 20.97 per sqft).
  • Two-beds in Aykon City Tower C sold for AED 1,350,000–2,175,160 in the 12 months to November 2026; the building's median across all types is AED 1,820 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 30 September 2024.

Questions about 3501, Aykon City Tower C

What did unit 3501 last sell for?

AED 2,001,529 on 14 August 2023: AED 2,351 per sqft for 851 sqft. The unit has 3 registered sales; the first was AED 1,288,050 in December 2017.

What is the rent for unit 3501?

AED 95,000 a year on the contract signed on 30 September 2024.

How big is unit 3501?

851 sqft (79.1 sqm): a two-bedroom apartment on the 35th floor of a 60-storey tower completed in 2023.

What is unit 3501 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 1,350,000 to 2,175,160 in the last 12 months, around AED 1,826 per sqft.

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Mortgage on 3501, Aykon City Tower C

Starts from the last sale price (AED 2M, 14 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,001,529
Deposit, UAE resident (20%)
AED 400,306
Deposit, non-resident (40%)
AED 800,612
Monthly over 25 years at 3.7%
AED 8,189

Plus AED 89,074 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →