Studio · 448 sqftAykon City Tower C, Business Bay · 54th floor · completed 2023

5407, Aykon City Tower C

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

Unit 5407 · DLD and Ejari recordsUpdated 24 June 2022
Last soldAED 755K24 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5407, Aykon City Tower C

What is 5407 worth today?

Last sold for AED 754,800 in 2022

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24 Jun 2022Sold by developerOff-plan
AED 754,800AED 1,684 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 June 2022.

Key facts

Type
Studio apartment
Size
448 sqft
Floor
54th of 60
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 9,400 /yr
Last sold
AED 755K · June 2022

About 5407, Aykon City Tower C

5407 is a studio of 448 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 24 June 2022 for AED 754,800, or AED 1,684 per sqft, in line with the AED 1,714 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5407 over time

Sales
Unit 5407, each saleTypical studio in Aykon City Tower C
800K1M2016201920222025Typical sale price by year: 2016 AED 892,993; 2017 AED 769,000; 2018 AED 792,563; 2019 AED 830,144; 2020 AED 875,000; 2021 AED 1,070,000; 2022 AED 754,800; 2023 AED 931,392; 2024 AED 900,000; 2025 AED 910,000Sold by developer, June 2022: AED 754,800 (AED 1,684 per sqft)

5407 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 5407, each contractTypical studio in Aykon City Tower C
64K66K2024202520262027Typical rent by year: 2024 AED 63,500; 2025 AED 64,085; 2026 AED 66,500

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Aykon City Tower C, and where 5407 sits

All 197 studios →

5407 last sold in June 2022 at AED 1,684 per sqft, in line with what studios in Aykon City Tower C were fetching at the time (AED 1,714). Over the last 12 months studios sold for AED 800,000 to 880,000, around AED 1,793 per sqft, and rent for AED 63,000 to 120,000 a year.

Recent studio salesUnit no.Price (AED)Summary
29 Jan 2026800,000
12 Dec 2025880,000
17 Jun 2025825,000
19 May 2025880,000
2 studio 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
54042-bedAED 1.4M · Feb 2020
54052-bedAED 1.6M · Jun 2020
54062-bedAED 1.6M · Jul 2020
54082-bedAED 1.6M · Mar 2022
1–7 of 17

5407, Aykon City Tower C in numbers

  • Sold once: by DAMAC on 24 June 2022 for AED 754,800, or AED 1,684 per sqft.
  • Studios in Aykon City Tower C sold for AED 800,000–880,000 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 24 June 2022.

Questions about 5407, Aykon City Tower C

What did unit 5407 last sell for?

AED 754,800 on 24 June 2022, sold by the developer: AED 1,684 per sqft for 448 sqft. It is the only registered sale of the unit.

How big is unit 5407?

448 sqft (41.6 sqm): a studio on the 54th floor of a 60-storey tower completed in 2023.

What is unit 5407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Aykon City Tower C sold for AED 800,000 to 880,000 in the last 12 months, around AED 1,793 per sqft.

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Mortgage on 5407, Aykon City Tower C

Starts from the last sale price (AED 755K, 24 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 754,800
Deposit, UAE resident (20%)
AED 150,960
Deposit, non-resident (40%)
AED 301,920
Monthly over 25 years at 3.7%
AED 3,088

Plus AED 36,712 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →