Studio · 534 sqftAykon City Tower C, Business Bay · 59th floor · completed 2023

5906, Aykon City Tower C

Sold prices and rental history: sold once, by the developer in September 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5906 · DLD and Ejari recordsUpdated 9 September 2025
Last soldAED 1.02M28 September 2020
Current rentAED 74K /yr9 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5906, Aykon City Tower C

What is 5906 worth today?

Last sold for AED 1,020,000 in 2020

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9 Sep 2025RentedNew contract
AED 74,000/yr12 months · AED 140 per sqft
9 Sep 2024RentedNew contract
AED 70,000/yr12 months · AED 133 per sqft
28 Sep 2020Sold by developerOff-plan
AED 1,020,000AED 1,909 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 September 2025.

Key facts

Type
Studio apartment
Size
534 sqft
Floor
59th of 60
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 11,200 /yr
Last sold
AED 1.02M · September 2020

About 5906, Aykon City Tower C

5906 is a studio of 534 sqft on the 59th floor of Aykon City Tower C, a 60-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 28 September 2020 for AED 1,020,000, or AED 1,909 per sqft, 5% below the AED 2,004 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 9 September 2025, is AED 74,000 a year: a gross yield of 7.2% on the 2020 price, before the service charge of about AED 11,200 a year.

Sales and rents for 5906 over time

Sales
Unit 5906, 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, September 2020: AED 1,020,000 (AED 1,909 per sqft)

5906 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 5906, each contractTypical studio in Aykon City Tower C
65K70K75K2024202520262027Typical rent by year: 2024 AED 63,500; 2025 AED 64,085; 2026 AED 66,500New contract, September 2024: AED 70,000 a yearNew contract, September 2025: AED 74,000 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 5906 sits

All 197 studios →

5906 last sold in September 2020 at AED 1,909 per sqft, 5% below what studios in Aykon City Tower C were fetching at the time (AED 2,004). 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. 5906's AED 74,000 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 59th floor

All 982 units in Aykon City Tower C
Value
59012-bedAED 2.53M · Aug 2020
59022-bedAED 2.7M · Dec 2020
59032-bedAED 3.45M · May 2025
59042-bedAED 2.78M · Aug 2020
59052-bedAED 2.8M · Dec 2024
59072-bedAED 2.11M · Mar 2023
59082-bedAED 2.1M · Nov 2021
1–7 of 13

5906, Aykon City Tower C in numbers

  • Sold once: by DAMAC on 28 September 2020 for AED 1,020,000, or AED 1,909 per sqft.
  • Rented since September 2024 on 2 Ejari contracts, from AED 70,000 to AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2020 price is 7.2%, before a service charge of about AED 11,200 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 9 September 2025.

Questions about 5906, Aykon City Tower C

What did unit 5906 last sell for?

AED 1,020,000 on 28 September 2020, sold by the developer: AED 1,909 per sqft for 534 sqft. It is the only registered sale of the unit.

What is the rent for unit 5906?

AED 74,000 a year on the contract signed on 9 September 2025. The previous contract, from September 2024, was AED 70,000.

How big is unit 5906?

534 sqft (49.6 sqm): a studio on the 59th floor of a 60-storey tower completed in 2023.

What is unit 5906 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 5906, Aykon City Tower C

Starts from the last sale price (AED 1.02M, 28 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

Plus AED 47,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →