Studio · 427 sqftAykon City Tower C, Business Bay · 56th floor · completed 2023

5609, Aykon City Tower C

Sold prices and rental history: sold twice, last in October 2024, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5609 · DLD and Ejari recordsUpdated 13 January 2026
Last soldAED 800K28 October 2024
Current rentAED 65K /yr13 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5609, Aykon City Tower C

What is 5609 worth today?

Last sold for AED 800,000 in 2024

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13 Jan 2026RentedNew contract
AED 65,000/yr12 months · AED 151 per sqft
28 Oct 2024SoldReady
AED 800,000AED 1,875 per sqft
14 Mar 2022Sold by developerOff-plan
AED 886,000AED 2,085 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 January 2026.

Key facts

Type
Studio apartment
Size
427 sqft
Floor
56th of 60
Parking
B3-32
Developer
DAMAC
Completed
2023
Service charge
AED 8,900 /yr
Last sold
AED 800K · October 2024

About 5609, Aykon City Tower C

5609 is a studio of 427 sqft on the 56th floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 28 October 2024 for AED 800,000, or AED 1,875 per sqft, 8% below the AED 2,037 studios in the building were fetching at the time.

One Ejari contract is registered, from 13 January 2026. The current contract, signed on 13 January 2026, is AED 65,000 a year: a gross yield of 8.1% on the 2024 price, before the service charge of about AED 8,900 a year.

Sales and rents for 5609 over time

Sales
Unit 5609, 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, March 2022: AED 886,000 (AED 2,085 per sqft)Sold, October 2024: AED 800,000 (AED 1,875 per sqft)

5609 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 5609, each contractTypical studio in Aykon City Tower C
64K66K2024202520262027Typical rent by year: 2024 AED 63,500; 2025 AED 64,085; 2026 AED 66,500New contract, January 2026: AED 65,000 a year

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 5609 sits

All 197 studios →

5609 last sold in October 2024 at AED 1,875 per sqft, 8% below what studios in Aykon City Tower C were fetching at the time (AED 2,037). 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. 5609's AED 65,000 is in the lower half of that range.

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 56th floor

All 982 units in Aykon City Tower C
Value
56012-bedAED 1.99M · Feb 2025
56022-bedAED 1.32M · Jun 2022
56032-bedAED 1.5M · May 2022
56042-bedAED 1.58M · Mar 2022
56052-bedAED 1.85M · Sep 2023
56062-bedAED 1.6M · Nov 2019
5607StudioAED 928K · Jul 2022
1–7 of 17

5609, Aykon City Tower C in numbers

  • Sold twice: first on 14 March 2022 for AED 886,000, last on 28 October 2024 for AED 800,000 (AED 1,875 per sqft).
  • Rented since January 2026 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 8.1%, before a service charge of about AED 8,900 a year (AED 20.97 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 13 January 2026.

Questions about 5609, Aykon City Tower C

What did unit 5609 last sell for?

AED 800,000 on 28 October 2024: AED 1,875 per sqft for 427 sqft. The unit has 2 registered sales; the first was AED 886,000 in March 2022.

What is the rent for unit 5609?

AED 65,000 a year on the contract signed on 13 January 2026.

How big is unit 5609?

427 sqft (39.7 sqm): a studio on the 56th floor of a 60-storey tower completed in 2023.

What is unit 5609 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 5609, Aykon City Tower C

Starts from the last sale price (AED 800K, 28 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →