2-bed · 814 sqftAykon City Tower C, Business Bay · 54th floor · completed 2023

5404, Aykon City Tower C

Sold prices and rental history: sold once, by the developer in February 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5404 · DLD and Ejari recordsUpdated 27 February 2020
Last soldAED 1.4M27 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5404, Aykon City Tower C

What is 5404 worth today?

Last sold for AED 1,400,000 in 2020

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27 Feb 2020Sold by developerOff-plan
AED 1,400,000AED 1,720 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 February 2020.

Key facts

Type
2-bed apartment
Size
814 sqft
Floor
54th of 60
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 17,100 /yr
Last sold
AED 1.4M · February 2020

About 5404, Aykon City Tower C

5404 is a two-bedroom apartment of 814 sqft on the 54th floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 27 February 2020 for AED 1,400,000, or AED 1,720 per sqft, in line with the AED 1,683 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5404 over time

Sales
Unit 5404, 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, February 2020: AED 1,400,000 (AED 1,720 per sqft)

5404 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5404, 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 5404 sits

All 524 2-beds →

5404 last sold in February 2020 at AED 1,720 per sqft, in line with what two-beds in Aykon City Tower C were fetching at the time (AED 1,683). 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 54th floor

All 982 units in Aykon City Tower C
Value
54012-bedAED 1.45M · Feb 2020
54022-bedAED 1.32M · May 2022
54032-bedAED 1.4M · Nov 2019
54052-bedAED 1.6M · Jun 2020
54062-bedAED 1.6M · Jul 2020
5407StudioAED 755K · Jun 2022
54082-bedAED 1.6M · Mar 2022
1–7 of 17

5404, Aykon City Tower C in numbers

  • Sold once: by DAMAC on 27 February 2020 for AED 1,400,000, or AED 1,720 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 February 2020.

Questions about 5404, Aykon City Tower C

What did unit 5404 last sell for?

AED 1,400,000 on 27 February 2020, sold by the developer: AED 1,720 per sqft for 814 sqft. It is the only registered sale of the unit.

How big is unit 5404?

814 sqft (75.6 sqm): a two-bedroom apartment on the 54th floor of a 60-storey tower completed in 2023.

What is unit 5404 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 5404, Aykon City Tower C

Starts from the last sale price (AED 1.4M, 27 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →