2-bed · 812 sqftAykon City Tower C, Business Bay · 57th floor · completed 2023

5703, Aykon City Tower C

Sold prices and rental history: sold once, by the developer in January 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5703 · DLD and Ejari recordsUpdated 20 January 2021
Last soldAED 1.4M20 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5703, Aykon City Tower C

What is 5703 worth today?

Last sold for AED 1,400,000 in 2021

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20 Jan 2021Sold by developerOff-plan
AED 1,400,000AED 1,723 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 January 2021.

Key facts

Type
2-bed apartment
Size
812 sqft
Floor
57th of 60
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 17,000 /yr
Last sold
AED 1.4M · January 2021

About 5703, Aykon City Tower C

5703 is a two-bedroom apartment of 812 sqft on the 57th floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 20 January 2021 for AED 1,400,000, or AED 1,723 per sqft, in line with the AED 1,708 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5703 over time

Sales
Unit 5703, 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, January 2021: AED 1,400,000 (AED 1,723 per sqft)

5703 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5703, 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 5703 sits

All 524 2-beds →

5703 last sold in January 2021 at AED 1,723 per sqft, in line with what two-beds in Aykon City Tower C were fetching at the time (AED 1,708). 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 57th floor

All 982 units in Aykon City Tower C
Value
57012-bedAED 1.45M · Jun 2021
57022-bedAED 1.96M · Jan 2025
57042-bedAED 1.8M · Mar 2021
57052-bedAED 2.01M · Jul 2021
57062-bedAED 2.07M · Aug 2022
5707StudioAED 900K · Feb 2021
57082-bedAED 1.4M · Jan 2021
1–7 of 17

5703, Aykon City Tower C in numbers

  • Sold once: by DAMAC on 20 January 2021 for AED 1,400,000, or AED 1,723 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 20 January 2021.

Questions about 5703, Aykon City Tower C

What did unit 5703 last sell for?

AED 1,400,000 on 20 January 2021, sold by the developer: AED 1,723 per sqft for 812 sqft. It is the only registered sale of the unit.

How big is unit 5703?

812 sqft (75.4 sqm): a two-bedroom apartment on the 57th floor of a 60-storey tower completed in 2023.

What is unit 5703 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 5703, Aykon City Tower C

Starts from the last sale price (AED 1.4M, 20 January 2021). 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 →