2-bed · 823 sqftAykon City Tower C, Business Bay · 47th floor · completed 2023

4702, 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 4702 · DLD and Ejari recordsUpdated 27 April 2022
Last soldAED 1.63M27 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4702, Aykon City Tower C

What is 4702 worth today?

Last sold for AED 1,627,000 in 2022

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27 Apr 2022Sold by developerOff-plan
AED 1,627,000AED 1,977 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 April 2022.

Key facts

Type
2-bed apartment
Size
823 sqft
Floor
47th of 60
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 17,300 /yr
Last sold
AED 1.63M · April 2022

About 4702, Aykon City Tower C

4702 is a two-bedroom apartment of 823 sqft on the 47th floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 27 April 2022 for AED 1,627,000, or AED 1,977 per sqft, 4% above 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 4702 over time

Sales
Unit 4702, 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 1,354,320; 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, April 2022: AED 1,627,000 (AED 1,977 per sqft)

4702 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4702, each contractTypical two-bed in Aykon City Tower C
110K120K2024202520262027Typical rent by year: 2024 AED 105,000; 2025 AED 105,646; 2026 AED 120,000

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 4702 sits

All 524 2-beds →

4702 last sold in April 2022 at AED 1,977 per sqft, 4% above 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 1,350,000 to 2,175,160, around AED 1,826 per sqft, and rent for AED 93,500 to 170,000 a year.

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 47th floor

All 982 units in Aykon City Tower C
Value
47012-bedAED 1.25M · Feb 2018
47032-bedAED 1.53M · Mar 2022
47042-bedAED 1.65M · Dec 2024
47052-bedAED 1.63M · Aug 2021
47062-bedAED 1.8M · Nov 2022
4707StudioAED 672K · Mar 2018
47082-bedAED 1.22M · Mar 2018
1–7 of 17

4702, Aykon City Tower C in numbers

  • Sold once: by DAMAC on 27 April 2022 for AED 1,627,000, or AED 1,977 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 27 April 2022.

Questions about 4702, Aykon City Tower C

What did unit 4702 last sell for?

AED 1,627,000 on 27 April 2022, sold by the developer: AED 1,977 per sqft for 823 sqft. It is the only registered sale of the unit.

How big is unit 4702?

823 sqft (76.5 sqm): a two-bedroom apartment on the 47th floor of a 60-storey tower completed in 2023.

What is unit 4702 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 4702, Aykon City Tower C

Starts from the last sale price (AED 1.63M, 27 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,627,000
Deposit, UAE resident (20%)
AED 325,400
Deposit, non-resident (40%)
AED 650,800
Monthly over 25 years at 3.7%
AED 6,657

Plus AED 73,344 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →