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Aykon City

by DAMAC Properties Business Bay

About Aykon City

Aykon City is a hotel, retail, office tower by DAMAC Properties, in Business Bay, Dubai. It rises 65 storeys (2 basement levels, a ground floor, 11 podium levels, 53 floors, a roof and 1 upper-roof level), built as a concrete structure with internal and external finishes. The project comprises 1,224 homes.

Key information

DAMAC Properties
Developer
DAMAC Properties
Handover
Q3 2023
Status
Handed over
Location
Business Bay, Dubai
Construction started
2016
Number of buildings
1
Number of units
1,224
Registered with DLD
15 Feb 2016
Escrow bank
Emirates NBD
Escrow account no.
0405690787204
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2016
  2. Handed over
    Q3 2023

Construction progress

146 inspection photos from the Dubai Land Department. Latest 31 Jul 2023 at 100% complete.

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Amenities

Physical features recorded on the Dubai Land Department buildings register.

Swimming Pool
Covered Parking
14 Elevators
67 Floors
Retail & Shops

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
1,496
Median price
AED 1.1M
Median price / sqft
AED 2K+15%
Off-plan share
79%

Priced 11% above than the Business Bay median of AED 2K/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
Studio661484 sqftAED 791KAED 2K
1 Bed627760 sqftAED 1.3MAED 2K
2 Bed1521,092 sqftAED 2.0MAED 2K
3 Bed551,741 sqftAED 3.0MAED 2K

Price per sqft by year

+15% since 2016

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
08 Sept 2026Resale830 sqftAED 1.1MAED 1K
07 Sept 2026Resale695 sqftAED 800KAED 1K
07 Sept 2026Resale449 sqftAED 850KAED 2K
31 Aug 2026Resale1,703 sqftAED 2.0MAED 1K
19 Aug 2026Resale343 sqftAED 660KAED 2K
18 Aug 2026Resale347 sqftAED 500KAED 1K
18 Aug 2026Resale423 sqftAED 660KAED 2K
12 Aug 2026Resale420 sqftAED 620KAED 1K

Unit mix

1,231 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Residential3-
1 B/R5625 - 873 sqft
Commercial9-
Studio510318 - 522 sqft
1 B/R522625 - 873 sqft
2 B/R137927 - 1,900 sqft
3 B/R451,692 - 1,703 sqft

Payment plan

Payment plans are set by DAMAC Properties and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Business Bay, Dubai.

Business Bay

Dubai, United Arab Emirates

Frequently asked questions

Aykon City has already been handed over (Q3 2023), according to Dubai Land Department records.

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Handover Q3 2023100% complete

Aykon City

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